Zenith Bank's foreign subsidiaries earn N166 billion in H1 2026
Zenith Bank Plc’s non-Nigerian subsidiaries reported a combined profit before tax (PBT) of N166.09 billion in the first half of 2026, accounting for 49.85% of the total PBT of N331.77 billion for the full 2025 financial year. The bank's international operations, including subsidiaries in Ghana, the UK, Sierra Leone, The Gambia, Kenya, and Côte d’Ivoire, generated operating income of N359.57 billion.
Zenith Bank (Ghana) Limited was the largest contributor with a PBT of N106.87 billion. Zenith Bank (UK) Limited reported a PBT of N33.57 billion, with total assets of N4.27 trillion.
The bank's expansion included the acquisition of 100% of Paramount Bank Kenya Limited on May 11, 2026, which contributed N495 million in PBT. Zenith Bank proposed an interim dividend of N1.50 per share for H1 2026, scheduled for payment on October 30, 2026, to shareholders registered by October 23, 2026.
Plus234Feed summary based on reporting from Nairametrics. Read the original report below.
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