Kayode Tokede
On the again of hike in loans & advances and deposit development, a complete of 9 listed banks on the Nigerian Exchange Limited (NGX) recorded a whooping N162.45 trillion whole property for half yr (H1) ended June 30, 2026.
This is a few 6.42 per cent improve over N152.65 trillion reported within the full yr ended December 31, 2025.
The 9 banks are: Ecobank Transnational Incorporated, First Holdco Plc, Zenith Bank and Guaranty Trust Holding Company Pllc (GTCO). Others are: FCMB Group Plc, Stanbic IBTC Holdings Plc, Sterling Financial Holdings Company Plc, Jaiz Bank Plc and Wema Bank Plc.
Analysis of the banks consequence confirmed that Ecobank Transnational Incorporated recorded N49.21 trillion whole property as of June 2026, a decline of 0.91 per cent from N49.66 trillion reported in 2025, whereas Zenith Bank whole property reached N32.65trillion, a development of three.78 per cent from N31.46 trillion reported in 2025.
In the interval underneath overview, First Holdco recorded N30.64 trillion whole property, a development of 12.46 per cent from N27.25 trillion reported in 2025 whereas GTCO posted N18.62trillion whole property a rise of 4.81 per cent from N17.76 trillion in 2025.
Commenting, GTCO said that it strengthened the group’s funding and asset deployment capability, with buyer deposits growing by 10.3 per cent and whole property increasing by 4.8 per cent from 2025.
“The 21.9 per cent growth in investment securities reflects continued deployment of the expanded funding base while maintaining balance-sheet flexibility. Well-diversified asset base structure across all the group’s business verticals with loans accounting for 16.9 per cent, a pointer to future opportunities for growth; investment securities – 36.9 per cent, cash & cash equivalent – 25.4 per cent, a testament of the Group’s strong liquidity position and robust earning capacity,” GTCO defined in a presentation,” it stated.
On its half, Stanbic IBTC Holdings posted a 26.59 per cent improve in whole property to N10.9 trillion; FCMB Group reported 9.53 per cent development in whole property to N8.4trillion; Wema Bank declared 13.52 per cent appreciation in whole property to N5.76 trillion. Also, Sterling Financial Holdings Company noticed its whole property up by 19.30 per cent to N4.67trillion and Jaiz Bank introduced 27.01 per cent elevate in whole property to N1.64trillion.
The banks audited/ unaudited H1 2026 confirmed a development in deposit that contributed 72 per cent of the N162.45 trillion whole property as of June 30, 2026.
Among the 9 banks’ outcomes and accounts posted on NGX, Ecobank leads others with the deposit, declaring N37.3 trillion, about 2.27 per cent improve over N36.44 trillion in 2025.
It was adopted by Zenith Bank that closed the interval underneath overview at N26.35trillion, a 8.29 per cent improve over N24.33 trillion in 2025.
Commenting, the Vice President, Highcap Securities, Mr. David Adnori stated, “The substantial N162.45trillion total assets by the nine commercial banks as of June 30, 2026 underscores the banking sector’s robust growth and resilience. This asset expansion highlights the strength of Nigeria’s banking industry, which plays a pivotal role in Nigeria, and other regions’ economic stability. Factors contributing to this growth include increased capital inflows, enhanced lending strategies, and ongoing recapitalisation efforts within the sector.”
