Signature Bank reports strong 2025 performance, profit rises to N3.59bn
Translated from English, summarized and contextualized by DistantNews.
At a glance
News
Named sources
Outcome reported
- Signature Bank Limited reported a significant increase in its 2025 financial performance, with profit after tax rising to N3.59 billion.
- Gross earnings grew by 94.5% to N24.99 billion, while total assets reached N224.7 billion and customer deposits increased to N170.8 billion.
- The bank improved its operational efficiency, with the cost-to-income ratio dropping from 92% to 66%, and shareholders' equity strengthened to N25.2 billion.
Signature Bank Limited has announced a robust financial performance for the year ending December 31, 2025, demonstrating steady growth within Nigeria's banking sector. The bank's 4th Annual General Meeting (AGM) saw shareholders approve the Audited Financial Statements for 2025, reflecting a strong trajectory despite a challenging macroeconomic environment marked by inflation, exchange rate volatility, and tighter regulations.
The bank achieved a Profit After Tax of N3.59 billion, a substantial rise from N726 million in 2024. Gross earnings surged by 94.5% to N24.99 billion, with total assets growing to N224.7 billion and customer deposits climbing to N170.8 billion. A key highlight was the significant improvement in operational efficiency, evidenced by a reduction in the cost-to-income ratio from 92% to 66%. Shareholders' equity also saw strengthening, reaching N25.2 billion.
The bank demonstrated remarkable resilience in the face of macroeconomic pressures and continued to make measurable progress across key performance indicators. Our focus remained on disciplined growth, operational efficiency, sound governance, and building a stronger institution positioned for sustainable long-term value creation.
Chairman of the Board, Tijjani Borodo, described 2025 as a defining year for the bank, characterized by resilience and disciplined execution. He emphasized the bank's focus on disciplined growth, operational efficiency, sound governance, and building a stronger institution for sustainable long-term value creation. Managing Director/CEO, Nixon Iwedi, attributed the performance to deliberate institution-building efforts, disciplined execution, and employee commitment. He noted the bank's focus on improving operational efficiency, strengthening its balance sheet, enhancing customer experience, and building a customer-centric institution for sustainable growth.
Looking ahead, Iwedi stated the bank will continue to prioritize prudent risk management, digital innovation, customer-focused service delivery, and strategic business growth initiatives. Signature Bank reaffirmed its commitment to responsible banking, strong corporate governance, and delivering long-term value to all stakeholders.
Our performance in 2025 is a reflection of the resilience of our strategy, the dedication of our people, and the confidence our customers continue to place in the Bank. We remained focused on improving operational efficiency, strengthening our balance sheet, enhancing customer experience, and building a modern and customer-centric financial institution positioned for sustainable growth.
DistantNews Editorial
Originally published by ThisDay in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.
More Stories
From Our Blog
How the Same Story Looks Different in Different Countries
What Gets Lost (and Found) When News Is Translated
The Critical Role of Diaspora Media in Global News
What Travellers Should Know About Countries with Restricted Press
A Digital Nomad's Guide to Following Local News
