Lagos, Nigeria – Zenith Bank has disclosed that its Ghana subsidiary delivered a pretax profit of N193.3 billion (approximately $124 million), rising sharply from N82.2 billion recorded in the previous year, driven by strong operational performance.
Okay News reports that operating income rose to N483.5 billion from N247 billion, showing clear improvement. After subtracting N271.1 billion in expenses and N18.9 billion in impairments, pretax profit reached N193.3 billion, while profit after tax was N118.8 billion, making up 11.42 percent of the group’s total earnings.
Customer deposits climbed to N2.8 trillion, representing 11.9 percent of the group’s N24.3 trillion, up from N1.6 trillion the previous year. Cash and cash equivalents stood as the largest asset at N1 trillion in 2025, accounting for 14.52 percent of group cash balances, up from N607.3 billion in 2024.
Loans and advances to customers grew significantly to N993.5 billion, reflecting stronger lending activity compared to N360.9 billion recorded in the prior year. Treasury bills increased to N735.9 billion, representing 15.7 percent of group holdings, up from N207.3 billion previously.
Equity and reserves climbed 81.02 percent to N509.4 billion, while the group retained a 99.42 percent stake in its Ghanaian subsidiary. Zenith Bank Group’s audited 2025 results showed a pre-tax profit of N1.26 trillion, with the board proposing a final dividend of N8.75 per share.
This subsidiary profit growth highlights the contribution of Zenith Bank’s Ghana operations to the group’s overall earnings and expanding West African footprint.
