Bottom Line — Profit fell 8% YoY to ₦532.2bn. Growth story clipped.
Pre-Tax Position — PBT dropped 14% to ₦625.6bn.
Credit Risk Desk — Loan-loss provisions ballooned to ₦760.8bn (more than doubled). Impairments now the biggest drag.
Tape Take Zenith shows resilient topline firepower but the credit cost hurricane is pounding margins. Still, deposit strength + dividend signal keep it in the conversation. The recap race will test how well they balance scale vs. risk shields.
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42 days agoFoxxymobile Street Insider | Winners vs Losers — Zenith Bank H1 2025
Winners
Income Hunters — Net interest income nearly doubled to ₦1.35trn. Core lending engine still humming.
Deposit Base — Customer deposits stacked to ₦23.48trn, showing solid confidence and liquidity depth.
Dividend Collectors — Interim dividend locked at ₦1.25/share — keeping shareholder payout tradition alive.
Losers
Bottom Line — Profit fell 8% YoY to ₦532.2bn. Growth story clipped.
Pre-Tax Position — PBT dropped 14% to ₦625.6bn.
Credit Risk Desk — Loan-loss provisions ballooned to ₦760.8bn (more than doubled). Impairments now the biggest drag.
Tape Take
Zenith shows resilient topline firepower but the credit cost hurricane is pounding margins. Still, deposit strength + dividend signal keep it in the conversation. The recap race will test how well they balance scale vs. risk shields.