LivingTrust Mortgage Bank Plc has unveiled its financial performance for the year ending 31 December 2025, reporting a profit after tax of N1.01 billion. This figure represents an impressive 18.3% increase from the N854.5 million recorded in 2024, as detailed in a report from the Nigerian Exchange (NGX). The bank's fourth-quarter 2025 results highlight robust growth across key metrics, including assets, loans, and deposits, achieved despite a challenging macroeconomic environment in Nigeria.
Strong Financial Performance and Growth Indicators
In a statement released by Acting Company Secretary Dorcas Ajayi, the unaudited results for 2025 were described as surpassing the audited full-year 2024 figures and outperforming on all indices. Ajayi emphasized that this reinforces the bank's trajectory as a profitable and well-capitalised mortgage institution. She highlighted that total assets expanded by over 40% year-on-year, while loans and advances increased by 35%, reflecting the bank's pivotal role in housing finance and credit intermediation within the Nigerian economy.
Revenue and Operational Highlights
Customer deposits grew by more than 50%, significantly strengthening the bank's liquidity buffers, alongside balances due from banks. Gross earnings saw a remarkable rise of over 76% compared to 2024, driven by the bank's strategic revenue diversification and asset-mix initiatives. Net operating income also increased, and profit before tax reached N1.09 billion, exceeding the prior year's full-year results. Earnings per share improved over previous periods, indicating enhanced shareholder value.
Discipline and Governance in Operations
Ajayi noted that LivingTrust Mortgage Bank maintained strict cost discipline while scaling its operations, which contributed to improved operational efficiency. She stated, "The Q4 2025 results demonstrate growth with discipline, profitability with prudence, and ambition anchored in strong governance." This approach has enabled the bank to navigate economic challenges effectively while expanding its market presence.
Future Outlook and Market Positioning
As LivingTrust Mortgage Bank Plc enters 2026, it does so with strong capitalisation, liquidity, and profitability. This solid financial foundation positions the institution to continue delivering value to a broad range of stakeholders, including shareholders, regulators, customers, and the broader market. The bank's performance underscores its resilience and strategic focus in the competitive mortgage banking sector, setting a positive tone for future growth and stability in Nigeria's financial landscape.
