Highlights
- Gross Earnings grew by 17% Year on Year (YoY) to ₦322.70 billion in Q2 2026, moderating from 39% growth in Q1 2026.
- Profit After Tax (PAT) increased by 37% YoY to ₦124.76 billion in Q2 2026.
- Cost-to-Income Ratio improved from 41% in Q2 2025 to 36% in Q2 2026.
- Interim Dividend of N4.50k was declared.
Outlook
WSTC Research expect Stanbic IBTC’s earnings to remain supported by its expanded trading portfolio, largely comprising Treasury bills and reverse repurchase agreements. This form of earnings tends to be of a lower credit risk in comparison with conventional lending and equity investments. The significant growth in trading assets provides scope for sustained trading income, although actual returns will depend on prevailing market yields, reinvestment rates, and the effectiveness of risk management.
Please follow the link “Stanbic IBTC Plc Q2 2026 – Non-Interest Income Drives Profit Growth.” to view the whole report.
Thank you.
