By Aliyu Galadima
Signature Bank has reported a strong financial performance for the 2025 financial year, posting a Profit After Tax, PAT, of N3.59bn, a significant increase of 394% from the N726.16m recorded in 2024.
The bank’s audited financial statement for the year ended December 31, 2025, showed that Profit Before Tax, PBT, also rose sharply to N4.93bn from N768.05m in the previous year, reflecting improved operational efficiency and growth in core banking activities.
The impressive performance was driven largely by a substantial increase in interest income, which climbed to N21.92bn in 2025, compared to N9.06bn recorded in 2024.
Despite rising funding costs in the banking industry, Signature Bank maintained a healthy earnings position as net interest income surged to N12.31bn from N3.68bn in the previous year.
The bank also recorded remarkable growth across key balance sheet indicators, underlining increased customer confidence and expansion in business operations.
According to the financial statement, total assets rose significantly to N224.68bn in 2025 from N178.86bn in 2024.
Customer deposits also grew strongly by over N40bn to close at N170.82bn, compared to N130.5bn recorded a year earlier.
Similarly, loans and advances to customers witnessed substantial growth, rising to N30.64bn from N7.56bn in 2024, indicating increased lending activities to businesses and individuals
Investment in government securities also increased to N46.66bn from N28.61bn, reflecting the bank’s strategy to strengthen liquidity and optimise returns from low-risk assets.
Restricted balances with the Central Bank stood at N64.90bn, up from N48.11bn in the previous year.
The report further showed that property, plant and equipment rose to N5.01bn, while right-of-use assets increased slightly to N743.05m.
On the liabilities side, total liabilities increased to N199.48bn from N167.13bn in 2024, largely driven by the strong growth in customer deposits.
Deposit for shares also rose significantly to N13.93bn from N1.99bn, suggesting growing investor interest and fresh capital inflows into the bank.
The performance reflects Signature Bank’s growing market presence and improved earnings capacity despite the challenging macroeconomic environment characterised by inflationary pressures and high interest rates.
The strong earnings growth is expected to further strengthen the bank’s capital base and position it for greater competitiveness within Nigeria’s banking sector.
The 2025 result places Signature Bank among the financial institutions that recorded notable improvements in profitability and balance sheet growth during the review period.
