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Zenith Bank H1 2026 Profit Grows to N637.6 Billion, Dividend Increased by 20%

Zenith Bank Plc has reported a pre-tax profit of N637.6 billion for the half-year ending June 30, 2026, marking a 1.9% year-on-year increase. The performance was driven by improved net interest margins, lower funding costs, and a significant 81% reduction in impairment charges. Consequently, the bank has announced a 20% increase in its interim dividend to N1.50 per share, payable on October 30, 2026, to shareholders on the register by October 23, 2026. Despite a rise in tax expenses following the Nigerian Tax Act 2025, the bank maintains strong capital adequacy at 25.1%.

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