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Showing posts with label sheet reset. Show all posts
Showing posts with label sheet reset. Show all posts

Saturday, May 09, 2026

First HoldCo Plc hits ₦3.4trn gross earnings amid strategic balance sheet reset - ITREALMS

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First HoldCo Plc has announced its audited financial results for the full year ended December 31, 2025, revealing a 6.9% growth in gross earnings to ₦3.4 trillion compared to ₦3.2 trillion in the previous year, reports ITREALMS.
First HoldCo Plc hits ₦3.4trn gross earnings amid strategic balance sheet reset - ITREALMS
This performance was largely supported by a significant 36.8% surge in net interest income, which reached ₦1.9 trillion, driven by proactive asset repricing and enhanced yields. The Group’s total assets also saw a modest expansion of 2.7%, closing the year at ₦27.3 trillion, while customer deposits grew by 10% to reach ₦18.9 trillion, signaling sustained market trust and a stable funding base.