Zenith Bank Reports N360.9 Billion Profit in Q1 2026

Zenith Bank PLC announced a pre-tax profit of N360.9 billion for the first quarter of 2026, reflecting a 2.87% increase compared to N350.82 billion recorded in the same period in 2025. The financial statement, filed with the Nigerian Exchange (NGX), indicates that the profit growth was primarily driven by a significant improvement in interest income and a reduction in interest expenses.

Despite facing pressures from rising loan impairment costs, the bank's performance remained stable. The group's total assets stood at N32.01 trillion, showing a slight decline of 1.24% year-on-year, attributed to a reduction in certain asset classes.

Shareholder equity increased significantly by 16.32% to N5.17 trillion, reflecting strong internal capital generation and improved retained earnings. The bank declared a final dividend of N8.75 per share, bringing the total dividend for the fiscal year 2025 to N10.00 per share, which includes an interim payout of N1.25.