LivingTrust Mortgage Declares N1.01bn Profit After Tax

LivingTrust Mortgage Bank Plc has declared a profit after tax of N1.01 billion in its financial year ended December 31, 2025.

The released unaudited financial statements of the Company revealed a healthy growth trajectory in both revenue and profitability despite rising operating costs and credit provisioning.

The Company’s gross earnings grew by 74.9 per cent to N6.523 billion from N3.726 billion in 2024. Interest income up by 55 per cent to N4.491 billion, compared to N2.90 billion in 2024; while profit after tax grew by 18.3 per cent to N1.01 billion as against N854.499 million in 2024. The Company’s earnings per share rose to 20.23 kobo higher than 17.09 kobo in 2024.

Total loans and advances stood at N17.08 billion, up 21.7 per cent year-on-year from N14.017 billion as at December 2024. Total assets increased to N32.740 billion from N24.046 billion in 2024.

The Company stated that the unaudited results not only surpass the audited full-year 2024 figures but also outperform on all indices, reinforcing the Bank’s trajectory as a profitable and well-capitalised mortgage institution.

LivingTrust Mortgage Bank stated that the bank maintained cost discipline while scaling operations, contributing to operational efficiency, saying that the Q4 2025 results demonstrate growth with discipline, profitability with prudence, and ambition anchored in strong governance.

It added that LivingTrust Mortgage Bank enters 2026 with strong capitalisation, liquidity, and profitability, positioning it to continue delivering value to shareholders, regulators, customers, and the market.