Zenith Bank Plc has begun 2026 on a positive note, reporting a pre-tax profit of **N360.92 billion** in the first quarter ending March 31, 2026. This represents a small increase from the same period in 2025, showing the bank’s ability to stay strong despite economic challenges.
After tax, the bank made **N314.02 billion**, slightly higher than last year. Although costs and loan-related risks increased, overall earnings remained steady.
The bank’s total revenue crossed **N1 trillion**, driven mainly by strong interest income. At the same time, interest expenses dropped, helping to boost net earnings. Income from fees and commissions also grew significantly, thanks to more customers using digital banking services.
However, the bank set aside more money for possible loan losses, showing caution due to economic uncertainty.
Zenith Bank’s financial position remains solid. Shareholders’ funds grew to **N5.17 trillion**, while customer deposits and loans both increased, showing continued trust from customers and active lending.
Zenith Bank’s shares have performed very well recently. After reaching a high in April, the stock adjusted slightly due to dividend payments but continued to rise.
Since the start of the year, the share price has more than doubled, making it one of the best-performing stocks on the **Nigerian Exchange (NGX)**. The bank is now among the top 10 most valuable listed companies, with a market value of about N5.28 trillion
A major reason for this success is the bank’s investment in technology. After upgrading its systems in 2024, Zenith improved its efficiency and customer service. Its digital tools, including the “eaZy by Zenith” app, have helped increase transactions and reduce delays.
Zenith Bank has also gained international recognition. It was ranked Nigeria’s top bank by Tier-1 capital for the 16th year in a row by The Banker, confirming its strong global standing.
The bank is also growing beyond Nigeria. It recently opened a new office in Côte d’Ivoire, marking a move into French-speaking African markets. The event was attended by government officials, including representation from Bola Ahmed Tinubu
