LAGOS — Five Nigerian lenders reported a combined profit before tax of N2.29 trillion in the first half of 2026, according to a review of their results by Daily Trust. First HoldCo earned N653.5 billion, up 83.5 per cent, and said FirstBank's capital adequacy ratio was back at 16.7 per cent. Zenith Bank made N637.6 billion as impairment charges fell 81 per cent. GTCO earned N603.03 billion despite a N46.2 billion fair-value loss. Stanbic IBTC's profit rose 40 per cent to N341.57 billion and it raised its interim dividend to N4.50 from N2.50. Sterling recorded N55.5 billion. UBA and Fidelity received approval to file their results late.
Five Banks Post N2.29trn Profit in First Half of 2026
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