2025 AGM: Stanbic IBTC Holdings Engages Shareholders on Strategic Imaginative and prescient and Efficiency at thirteenth Annual Common Assembly

Stanbic IBTC Holdings PLC, a member of the Normal Financial institution Group, lately held its thirteenth Annual Common Assembly (AGM), the place it offered its audited monetary statements for the 12 months ended 31 December 2024. The AGM highlighted a 12 months marked by robust monetary progress, operational resilience, and continued execution of the Group’s long-term strategic priorities.

In accordance with the monetary outcomes offered, Stanbic IBTC recorded a web curiosity earnings of ₦823.31 billion – a rise of 78.26% from ₦461.86 billion in 2023. This spectacular progress translated right into a revenue earlier than tax of ₦303.80 billion and a revenue after tax of ₦225.31 billion, representing a 60.23% year-on-year improve. Earnings per share rose to 1,710 kobo, whereas the Board proposed a ultimate dividend of 300 kobo per abnormal share, bringing the whole dividend for the complete 12 months 2024 to 500 kobo; reaffirming the Group’s dedication to delivering long-term worth to shareholders

In her remarks, Sola David-Borha, Chairman of Stanbic IBTC Holdings PLC, praised the Group’s capacity to navigate financial headwinds whereas advancing its strategic agenda. “We’re proud to report robust progress throughout our key focus areas as Nigeria’s main end-to-end monetary providers supplier. For the fourth consecutive 12 months, our SME and retail banking companies ranked first within the 2024 KPMG Nigeria Banking Trade Buyer Expertise Survey – a testomony to our client-centric strategy and unwavering dedication to service excellence.”

She added that the Group continued to broaden its product portfolio, scale its expertise platforms, and deepen strategic partnerships. “We’re repeatedly evolving to satisfy our prospects’ altering wants whereas sustaining the requirements of excellence that outline Stanbic IBTC,” she stated.

Adekunle Adedeji, Appearing Chief Govt of Stanbic IBTC Holdings, attributed the Group’s achievements to robust monetary outcomes, a cultural fortification pushed by innovation and a relentless concentrate on prospects. “Past the numbers, we strengthened our customer-first mindset, streamlined operations by way of digital innovation, and embedded sustainability throughout our enterprise.”

Wanting forward, Stanbic IBTC reaffirmed its dedication to supporting Nigeria’s financial growth by increasing entry to credit score, selling monetary inclusion, and empowering entrepreneurs and the youth . The Group will proceed to align with the Sustainable Growth Targets (SDGs), integrating environmental, social, and governance (ESG) rules into its enterprise technique.

Regardless of prevailing financial challenges, the Group stays optimistic and dedicated to scaling affect, accelerating progress, and delivering worth for all stakeholders. Via its concentrate on operational excellence, buyer expertise, and digital transformation, Stanbic IBTC continues to cement its management in Nigeria’s monetary providers sector.