"Zenith Bank H1 2025: PBT Drops 14%, Proposes N1.25 Dividend"
"Zenith Bank reports a 14% drop in Profit Before Tax (PBT) to N625.63 billion in the first half of 2025, with a proposed interim dividend of N1.25. The bank's Profit After Tax (PAT) also declined compared to the same period in 2024, attributed to weaker trading income and higher credit impairment charges.
Earnings Per Share (EPS) were affected by these factors and a new share issuance impact. Despite the challenges, the bank saw a 60% increase in interest income driven by customer loans and fixed income securities.
The proposed dividend reflects the bank's performance in a challenging economic environment with elevated interest rates.".
Plus234Feed summary based on reporting from The Will. Read the original report below.
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