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Zenith Bank PLC Group Audited Results for the Period ended 30 June 2026 ZENITH BANK PLC RELEASES AUDITED H1 2026 RESULTS LAGOS , NIGERIA - 9 October 2026 - Zenith Bank Plc , ( Bloomberg : ZENITHBA NL ) ( " Zenith ” or the “ Bank ” ) , the Nigerian bank headquartered in Lagos , announces its audited results for the half - year ended 30 June 2026 . Income statement FINANCIAL HIGHLIGHTS In millions of Naira 30 - Jun - 26 30 - Jun - 25 % Change Gross earnings 1,899,944 2,520,759 ( 25 % ) Interest and similar income 1,676,121 1,839,249 ( 9 % ) Interest and similar expense ( 421,800 ) ( 484,525 ) ( 13 % ) Net interest income 1,254,321 1,354,724 ( 7 % ) Impairment charge ( 141,119 ) ( 760,814 ) ( 81 % ) Non - interest income 158,159 613,146 ( 74 % ) Operating expenses ( 633,758 ) ( 581,427 ) 9 % Profit before tax 637,603 625,629 2 % Profit after tax 430,762 532,180 ( 19 % ) Earnings per share ( NGN ) 10.48 12.95 ( 19 % ) Balance sheet In millions of Naira 30 - Jun - 26 31 - Dec - 2025 % Change Gross loans 12,572,373 11,063,866 14 % Total assets 32,645,905 31,458,051 4 % Customers ' deposits 26,347,903 24,329,961 8 % Shareholders ' fund 4,886,366 4,924,206 ( 1 % ) Key ratios 30 - Jun - 26 30 - Jun - 25 % Change Return on average equity ( ROAE ) 17.6 % 24.8 % ( 29 % ) Return on average assets ( ROAA ) 2.7 % 3.5 % ( 23 % ) Net interest margin ( NIM ) 12.4 % 11.9 % 4 % Cost of funds 3.3 % 4.0 % ( 18 % ) Cost of risk 2.2 % 14.3 % ( 85 % ) Cost to income 49.9 % 48.2 % 3 % 30 - Jun - 26 31 - Dec - 25 % Change Liquidity ratio - Group 60.5 % 71.0 % ( 15 % ) Liquidity ratio - Bank 49.5 % 55.0 % ( 10 % ) Loan to deposit ratio - Group 47.7 % 45.5 % 5 % Loan to deposit ratio - Bank 50.5 % 48.3 % 5 % Capital adequacy ratio ( CAR ) 25.1 % 25.3 % ( 1 % ) Non - performing loan 3.78 % 3.82 % ( 1 % ) Coverage ratio 98.5 % 172.6 % ( 43 % ) ▼ ZENITH