Zenith Financial institution Plc’s non-Nigerian subsidiaries recorded a mixed benefit ahead of tax (PBT) of N166.09 billion within the first half of of 2026, as its world operations persisted to give a contribution to the gang’s income.
The benefit represents 49.85% of the N331.77 billion PBT reported via the overseas subsidiaries for the entire 2025 monetary 12 months.
Consistent with the financial institution’s H1 2026 monetary record, its world operations throughout Ghana, the UK, Sierra Leone, The Gambia, Kenya and Côte d’Ivoire generated mixed working source of revenue of N359.57 billion right through the length.
The crowd’s non-Nigerian belongings stood at N8.50 trillion, reflecting the dimensions of its world operations, with Zenith Financial institution UK and Zenith Financial institution Ghana accounting for vital parts of the portfolio.
Ghana leads overseas subsidiaries’ income
Zenith Financial institution (Ghana) Restricted used to be the most important contributor to the overseas subsidiaries’ pre-tax benefit, recording N106.87 billion in H1 2026.
- The subsidiary generated working source of revenue of N202.99 billion, whilst its benefit after tax (PAT) stood at N69.30 billion.
- Its H1 pre-tax benefit used to be an identical to 55.26% of the N193.37 billion recorded for the entire 2025 monetary 12 months.
- Zenith Financial institution Ghana closed the half-year with overall belongings of N3.60 trillion and buyer deposits of N2.98 trillion, underscoring its significance to the gang’s world income.
UK subsidiary stays biggest offshore operation
Zenith Financial institution (UK) Restricted generated working source of revenue of N115.02 billion and PBT of N33.57 billion right through the primary half of of 2026.
Its benefit after tax stood at N26.04 billion, whilst buyer deposits reached N3.60 trillion and overall belongings rose to N4.27 trillion.
The United Kingdom subsidiary stays the gang’s biggest offshore operation via balance-sheet measurement, accounting for roughly half of of its N8.50 trillion in non-Nigerian belongings.
The financial institution serves as a hub for wholesale banking and world industry finance and likewise maintains operational branches within the United Arab Emirates and France.
Sierra Leone and The Gambia document earnings
Zenith Financial institution’s operations in Sierra Leone and The Gambia additionally contributed to the gang’s world income.
Zenith Financial institution (Sierra Leone) Restricted recorded working source of revenue of N25.99 billion and PBT of N20.69 billion in H1 2026. Its PAT stood at N15.52 billion, whilst overall belongings reached N243.83 billion and buyer deposits amounted to N171.98 billion.
Zenith Financial institution (The Gambia) Restricted generated working source of revenue of N9.29 billion and PBT of N4.24 billion. The subsidiary reported PAT of N2.97 billion, with overall belongings of N133.96 billion and buyer deposits of N84.90 billion.
Kenya, Côte d’Ivoire amplify world footprint
The primary half of of 2026 additionally marked milestones in Zenith Financial institution’s growth into East Africa and Francophone West Africa.
On Might 11, 2026, the gang finished its acquisition of 100% of Paramount Financial institution Kenya Restricted, which contributed N3.07 billion in working source of revenue and N495 million in PBT right through the length.
- The Kenyan subsidiary reported PAT of N575 million and overall belongings of N184.09 billion right through its preliminary post-acquisition consolidation section.
- The transaction additionally generated a N2.29 billion achieve on discount acquire, recognised within the crew’s benefit or loss observation.
- In Côte d’Ivoire, Zenith Financial institution’s new subsidiary, which commenced operations in April 2026, recorded working source of revenue of N3.22 billion and PBT of N220 million. PAT stood at N165 million, whilst overall belongings reached N76.66 billion on the finish of the length.
The 2 operations constitute the gang’s growth into further African markets, extending its presence past its established West African companies and UK operations.
Zenith Financial institution raises meantime dividend via 20%
Along its world operations, Zenith Bank proposed an interim dividend of N1.50 per share for H1 2026, up 20% from N1.25 in keeping with percentage paid for the corresponding length of 2025.
The dividend is scheduled for digital fee on October 30, 2026, to shareholders whose names seem at the sign up of participants as of October 23, 2026, and who’ve finished their e-dividend registration and authorized direct fee into their financial institution accounts.
Holders of the financial institution’s World Depositary Receipts (GDRs) will obtain their dividends after that date.