TAJBank’s Profit Before Tax Surges By 74%, Pays Higher Dividends

TAJBank Limited has announced a significant increase in its financial performance, with Profit Before Tax (PBT) surging by 74% year-on-year to N31.562 billion in the fiscal year 2025.

“

The Board rewarded the shareholders for their contributions to the growth of TAJBank as we have been doing over the years.

This growth, compared to N18.166 billion in FY2024, is detailed in the bank's audited 2025 financial statements. The bank's total assets have expanded to N1.34 trillion from N953 billion in the previous year. Furthermore, the non-interest lender's total equity saw a substantial rise of 144%, reaching N149.230 billion from N61.250 billion in FY2024.

In recognition of shareholder commitment, the Board approved a dividend of 20 kobo per share at the bank's Annual General Meeting (AGM). Alhaji Tanko Gwamna, the Board Chairman, stated, "The Board rewarded the shareholders for their contributions to the growth of TAJBank as we have been doing over the years."

“

as a clear demonstration of the management’s adoption of prudential financial approach in our operations and this is already helping to grow investor confidence in the bank.

Managing Director/CEO Mr. Hamid Joda described the performance as "a clear demonstration of the management's adoption of prudential financial approach in our operations." He assured shareholders that their funds are secured and will continue to yield sustainable returns. Executive Director Mr. Sheriff Idi added, "We greatly value our shareholders and customers because their interest is why we are in business and we will always prioritize them in our operations."

“

I am using this opportunity to thank the shareholders and to assure them that come rain or shine, their funds are secured and will continue to yield sustainable good returns to them on a yearly basis.

TAJBank has established itself as a leading player in Nigeria's ethical banking sector. Based on its financial statements for the half-year 2025, regulatory authorities recently rated it as the biggest entity in the non-interest banking subsector in terms of total assets and gross earnings.

“

We greatly value our shareholders and customers because their interest is why we are in business and we will always prioritize them in our operations.