WorldStage– United Capital Plc has described as ‘ a stellar performance’ the N1.61 trillion total liabilities and N149.99 billion shareholder funds, respectively 89 percent and 8 percent of the N1.76 trillion assets the trading firm posted, among other indices, for 2025.
Both assets and liabilities rose about 4 percent and 3 percent respectively from N1.70 trillion and N1.57 trillion in 2024.
The shareholder equity also jumped 12 percent from its N133.50 billion a year before thanks to a 34 percent growth in retained earnings.
A press release that followed the audited financial statement disclosure pointed at the gross earnings which increased 35 percent— to N58.55 billion in 2025, from N43.43 billion the year before. The firm attributed the growth to 176 percent growth in fees, and 59-percent increase in commissions.
It also highlighted the N28.15 billion profit after tax, 17 percent up from N24.10 billion in 2024, as parts of the indices that mark the firm’s ‘diligence, discipline, and excellence’.
“I am immensely proud of the leadership and the entire United Capital team for the stellar performance delivered in the 2025 financial year,” Board Chairman Uche Ike said.
Besides the debt-asset ratio revealing creditors own almost 90 percent of United Capital despite the growths it recorded, operating expenses (OPEX) figures also revealed its operational efficiency level.
According to the report, the firm’s OPEX—on rents, utilities, marketing, salaries, and others—increased 60 percent from N16.85 billion in 2024 to about N27 billion in 2025. However, its net operating income rose 46 percent from N36.56 billion in 2024 to about N53.53 billion last year.
Nevertheless, with the 12 percent rise in shareholder funds, United Capital has proposed a dividend of N0.70 per share, which add up to N12.6 billion.
