TAJBank’s PBT surges 74% to N31.56bn
TAJBank Limited, Nigeria’s largest non-interest bank by assets, has recorded a significant improvement in its financial performance, with Profit Before Tax (PBT) rising by 74% year-on-year to N31.562 billion in FY2025, compared with N18.166 billion in FY2024. The bank’s audited FY2025 financial statements also showed strong growth across key performance indicators. Total assets increased to […]
TAJBank Limited, Nigeria's largest non-interest bank by assets, reported a significant 74% increase in Profit Before Tax (PBT) to N31.562 billion in fiscal year 2025, compared to N18.166 billion in the previous year. Total assets grew to N1.34 trillion, up from N953 billion, while total equity expanded 144% to N149.230 billion. The bank's Board approved a 20-kobo dividend per share at the recent virtual 2026 AGM, recognizing shareholders' contributions to the bank's growth.
Managing Director/CEO Hamid Joda attributed the improved performance to the management's prudent financial management and operations, which is strengthening investor confidence. TAJBank reaffirmed its commitment to shareholders and customers, emphasizing their central role in the bank's operations.
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