STANBIC stock gained 1.11 percent on October 7

Published on 10/08/2026 at 00:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

STANBIC stock gained 1.11 percent on October 7 as the NGN 4.50 interim dividend schedule moved closer. First-half profit rose 38 percent to NGN 239.68 billion.

STANBIC, NGSTANBIC003, Illustration mit AI erstellt.

STANBIC stock (ISIN NGSTANBIC003) was last at NGN 163.90 on the Nigerian Exchange on October 7, 2026, up 1.11 percent on the session. The market is weighing a strong first-half result against a changing earnings mix and an approaching interim dividend qualification date.

Profit reaches NGN 239.68 billion

According to BusinessDay in its September 30, 2026 report, Stanbic IBTC Holdings lifted first-half profit after tax 38 percent year over year to NGN 239.68 billion. Profit before tax rose 40 percent to NGN 341.56 billion from NGN 243.74 billion in the first half of 2025.

The improvement was not driven by net interest income. That figure fell 14 percent to NGN 266.28 billion, while non-interest revenue more than doubled to NGN 278.02 billion from NGN 123.08 billion. Total operating income therefore increased 25 percent to NGN 544.30 billion.

Dividend dates set for October

Stanbic IBTC declared an NGN 4.50 interim dividend for the six months ended June 30, 2026. Nairametrics reported on October 7, 2026, that the qualification date is October 15 and payment is scheduled for November 13.

The payout is 80 percent higher than the NGN 2.50 interim dividend paid for the corresponding period. That distribution gives the earnings release a direct shareholder angle, although the payment is interim and does not represent the full-year payout.

Funding mix shapes the next test

Stanbic IBTC's cost-to-income ratio improved to 35.9 percent from 41.3 percent in the first half of 2025, while return on average equity reached an annualized 39.8 percent. At the same time, the 14 percent decline in net interest income shows why fee income and trading activity matter for the group's earnings profile.

Total assets rose 27 percent to NGN 10.91 trillion from NGN 8.62 trillion at the end of 2025. Gross loans increased 9 percent to NGN 2.67 trillion, customer deposits reached NGN 4.63 trillion, and the Stage 3 loan ratio improved to 2.7 percent from 3.4 percent.

STANBIC stock stays below yearly high

STANBIC stock was last at NGN 163.90 on October 7, 2026, with a 52-week range of NGN 94.60 to NGN 188.55 and market capitalization of NGN 2.6 trillion. Trading volume was 725,500 shares, giving investors a dated market measure alongside the earnings and dividend figures.