Zenith Bank reports N311bn profit after tax in Q1 2025

Date:

Mariam Abeeb

 

Zenith Bank Plc has generated N311.83 billion as profit after tax for the first quarter of 2025.

The figure represents an increase from N258.34 billion realised as profit in the same period under review of 2024.

The bank disclosed this in a corporate disclosure sent to the Nigerian Exchange Ltd.

Its profit before tax also rose from N320.19 billion in the previous year to N350.82 billion in the first quarter of 2025.

The bank’s gross earnings grew from N780.62 billion to N949.86 billion while its total asset also increased from N24.28 trillion to N32.42 trillion in 2025.

However, its earnings per share witnessed a decline from N8.22 recording in the first quarter of 2024 to N7.59 in 2025.

READ MORE  Saudi Aramco considering selling $50bn in shares

 

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Union Shuts Federal Unity Colleges, Advises Students Remain Home

Union Shuts Federal Unity Colleges, Advises Students to Remain...

Enugu building collapsed: NEMA coordinates rescue operation , recovers one life

By Mashe Umaru Gwamna The National Emergency Management...

EHCON registrar urges nigerians to prioritise sanitation for disease prevention

By Mashe Umaru Gwamna The Registrar of the Environmental Health...

Optoelectronics can drive jobs,skills, economic independence for Nigerian youths — Amb. Patrick

By Mashe Umaru Gwamna As Nigeria battles rising youth...