Six banks post N3.11tn profits, assets hit N195tn
Six of Nigeria’s biggest banks, including Access and Zenith, saw combined profits rise to N3.11tn and total assets grow to N195.08tn as of September 2026. Read More: https://punchng.com/six-banks-post-n3-11tn-profits-assets-hit-n195tn/
Six major Nigerian banks saw their total assets increase by 6.73% to N195.08tn by September 30, 2026, from N182.79tn in the same period last year, according to unaudited financial statements. The combined profit after tax rose 7.50% to N3.11tn from N2.90tn. The six banks are Access Holdings, Ecobank Transnational Incorporated, Zenith Bank, First HoldCo, Guaranty Trust Holding Company, and Stanbic IBTC Holdings.
Their balance sheets grew by N12.29tn over the period. Analysts noted that while the asset growth was positive, it is important to assess the quality of the assets and earnings capacity. First HoldCo and Zenith Bank contributed 73% of the total asset growth.
Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
