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NPF Microfinance Bank Reports 7.7% H1 Pre-Tax Profit Growth

NPF Microfinance Bank Plc reported a 7.7% rise in profit before tax to N3.20 billion for the first half of 2026, compared to N2.97 billion in the same period of 2025. Profit after tax grew by 5.68% to N2.04 billion, while gross earnings climbed 21.17% to N11.18 billion. The performance was driven by a 25.15% increase in interest income, though profitability was partially constrained by a sharp 121.19% spike in interest expenses and rising operating costs. The bank’s total assets grew by 15.86% to N61.70 billion.

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