WorldStage– Jaiz Bank Plc Jaiz Bank Financial Statement has released its unaudited financial statements for the period ended September 30, 2026, showcasing robust financial performance and continued balance sheet expansion driven by core Shari’ah-compliant financing and robust investment activities.
As Nigeria’s pioneering non-interest bank, the institution reported a Profit Before Tax (PBT) of N23.69 billion for the first nine months of 2026, compared to N23.29 billion recorded during the corresponding period in 2025. Profit After Tax (PAT) similarly grew to N23.28 billion, up from N22.88 billion.
Key Financial Highlights
Gross Earnings: Rose to N88.16 billion in Q3 2026, representing a solid increase from N75.90 billion in the same period of 2025.
Income from Financing Contracts: Expanded significantly to N45.87 billion (up from N31.14 billion), underscoring heightened demand for the bank’s core offerings such as Murabaha and Ijara financing.
Total Assets: Experienced massive growth, climbing to N1.69 trillion from N1.29 trillion at the close of full-year 2025, driven by strong liquidity deployment and customer deposit mobilization.
Customer Deposits: Total customer deposits (comprising current accounts and unrestricted investment accounts) surged to N1.52 trillion, reflecting growing public trust and retail/corporate adoption.
Earnings Per Share (EPS): Stood at 52.22 kobo for the nine-month period, compared to 51.31 kobo in Q3 2025.
Analyst Perspective & Market Outlook
From a capital market standpoint, Jaiz Bank’s Q3 2026 performance highlights the resilience and scalability of non-interest banking within Nigeria’s financial ecosystem. The bank successfully grew its top-line earnings despite macroeconomic headwinds, supported by a balanced mix of sovereign Sukuk investments and expanding asset financing portfolios.With total assets crossing the N1.69 trillion mark and a strong equity base of N93.60 billion, Jaiz Bank remains well-capitalized to meet regulatory requirements and fund strategic business expansions as it moves into the final quarter of the year.
