Infinity Trust Mortgage Bank Plc has announced a remarkable 95 per cent growth in profit after tax, reaching N2.9 billion for the year ended 31 December 2025, up from N1.48 billion recorded in the corresponding period of 2024.
The bank’s unaudited financial statements, released on the Nigerian Exchange Limited, show that profit before tax rose by 75 per cent to N3.02 billion, compared with N1.72 billion in 2024. Total turnover increased by 50 per cent to N6.61 billion, driven largely by a 54 per cent rise in interest income, which climbed to N5.53 billion from N3.58 billion the previous year.
Brandspur Banking News Desk reports that net interest income grew 50 per cent to N3.67 billion, while net fee and commission income soared by 182 per cent to N282.6 million. Other operating income also improved by 13 per cent to N799.1 million, contributing to a 46 per cent increase in total operating income to N4.75 billion. The bank’s credit loss expense fell 59 per cent to N81 million, boosting net operating income by 52 per cent to N4.67 billion.
Operating expenses rose by 23 per cent to N1.65 billion, reflecting higher personnel and administrative costs. On the balance sheet, total assets expanded by 78 per cent to N44.74 billion, while loans and advances to customers increased by 85 per cent to N30 billion. Customer deposits rose 82 per cent to N10.83 billion, and total equity grew 38 per cent to N12.72 billion. Earnings per share also nearly doubled, rising 94 per cent to 69 kobo from 35.52 kobo in 2024.
The bank’s strong financial performance underscores robust operational growth, improved lending capacity, and enhanced shareholder value, positioning Infinity Trust Mortgage Bank as a leading player in Nigeria’s mortgage and housing finance sector.
