Prime 10 most worthwhile Nigerian banks within the first half of 2025

Nigeria’s prime ten banks on the NGX reported a mixed pretax revenue of N2.7 trillion for the six months ended June 2025.

Though this represents a 12% decline from the N3.16 trillion recorded in the identical interval final yr, it nonetheless highlights the sector’s stable efficiency.

Profitability stays one of the vital measures of economic well being and operational effectivity, an indicator that traders and analysts intently monitor to evaluate how effectively establishments are performing.

Pretax revenue, in easy phrases, exhibits how a lot an organization earns after accounting for working bills, impairments, and different prices, however earlier than taxes are deducted.

This work examines the efficiency of Nigeria’s prime banks of their H1 2025 monetary outcomes, most of which have been revealed, aside from Fidelity Bank, which is but to launch its numbers.

The main target right here is on the pretax revenue quantity generated throughout the six-month interval, somewhat than on year-on-year adjustments in efficiency.

With that context, listed below are the ten most worthwhile Nigerian banks within the first half of 2025.

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10. Jaiz Bank (N14.7 billion)

Jaiz Bank Plc takes the tenth spot with a pretax revenue of N14.7 billion for the primary half of 2025, representing a 27.64% rise from N11.5 billion a yr earlier.

The bank’s top-line efficiency was robust, with revenue from financing contracts climbing 31.9% to N19.6 billion.

Murabaha transactions contributed probably the most at N13.8 billion, adopted by Ijara offers at N4.7 billion, with different revenue sources making up the remaining.

Revenue from investing actions reached N24.3 billion, pushing complete gross revenue to N44 billion. After accounting for an impairment cost of N351.5 million, web revenue after provisions stood at N43.6 billion, up 29.5%.

Price and fee income totaled N2.4 billion, and even after working bills of N18.4 billion, Jaiz Bank closed the interval with a wholesome N14.7 billion revenue earlier than tax.