Infinity Trust Bank’s 9M 2026 pre-tax profit rises 27% to N2.76 billion
Infinity Trust Mortgage Bank Plc reported a pre-tax profit of N2.76 billion for the nine months ended September 30, 2026, representing a 26.94% increase from N2.18 billion recorded in the corresponding period of 2025, according to its unaudited financial statements. The post Infinity Trust Bank’s 9M 2026 pre-tax profit rises 27% to N2.76 billion appeared first on Nairametrics .
Infinity Trust Mortgage Bank Plc announced a 27% rise in pre-tax profit to N2.76 billion for the nine months ending September 30, 2026, compared to N2.18 billion in the same period last year. This profit growth, driven largely by increased interest income from mortgage lending and treasury operations, came with higher interest expenses and operating costs.
The bank's turnover increased by 41.51% to N6.49 billion, bolstered by stronger interest income. Net interest income grew by 43.55% to N3.70 billion, while net fees and commission income dropped by 18.79% and other operating income declined by 24.22%. Despite these challenges, the bank's earnings per share increased by 24.82% to 81.97 kobo, and total assets expanded by 44.66% to N54.87 billion.
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