Stanbic IBTC stock: Stanbic IBTC declares N4.50 interim dividend for Stanbic IBTC stock

Published on 10/24/2026 at 00:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Stanbic IBTC earned N239.68 billion after tax in the first half of 2026. For Stanbic IBTC stock, the interim dividend is N4.50 per share.

Earnings and shareholder return

Stanbic IBTC recorded N239.68 billion in profit after tax for the first half of 2026.
The board declared an interim dividend of N4.50 per share on October 22, 2026.
The interim dividend payment date is November 13, 2026.

STANBIC, NGSTANBIC003, Illustration mit AI erstellt.

Stanbic IBTC Holdings reported N239.68 billion in profit after tax for the first half of 2026 and declared an interim dividend of N4.50 per share. BusinessDay covered the announcement on October 22, 2026, highlighting the shift toward fee income and improved operating efficiency.

What changed in H1 2026?

The half-year result showed profit after tax up 38 percent from N173.43 billion in the first half of 2025. Profit before tax rose 40 percent to N341.56 billion from N243.74 billion, while total operating income increased 25 percent to N544.30 billion from N433.92 billion.

The earnings mix was the central issue. Net interest income fell 14 percent to N266.28 billion from N310.83 billion, but non-interest revenue more than doubled to N278.02 billion from N123.08 billion. Operating expenses increased 9 percent, allowing the cost-to-income ratio to improve to 35.9 percent from 41.3 percent.

Why did profit grow?

Yahoo Finance reported on October 23, 2026 that management linked the result to stronger non-interest revenue, a 27 percent rise in fees and commissions, and lower credit risk. Total assets grew 27 percent to N10.91 trillion at the end of the first half of 2026, while customer deposits rose 6 percent to N4.63 trillion.

The balance sheet also showed a quantified quality improvement. Stage 3 loans declined to 2.7 percent of total loans from 3.4 percent at the end of 2025, while the capital adequacy ratio stood at 25.1 percent. The counterweight was margin pressure, with management identifying competition and lower yields as factors behind weaker interest income.

When is the dividend paid?

The next dated shareholder event is the interim dividend payment on November 13, 2026, as reported by Independent. The N4.50 distribution gives the strong first-half earnings a direct shareholder-return component.

Business profile and shareholder return

Stanbic IBTC operates across banking, asset management, capital markets, insurance and pensions, according to the company's official website. The first-half numbers show a lender growing earnings while relying more heavily on fees, trading and other non-interest activities as net interest income contracts.