Infinity Trust Mortgage Bank Records N3.02 Billion Pre-Tax Profit For 2025 Financial Year
Infinity Trust Mortgage Bank
Infinity Trust Mortgage Bank (ITMB) Plc has announced a profit before tax of N3.02 billion for the full year ended 31 December 2025. This figure represents a 113.3% increase compared to the N1.41 billion recorded in the 2024 financial year, reflecting a period of significant fiscal expansion for the mortgage lender.
According to the unaudited financial statements released to the Nigerian Exchange Group (NGX), the bank’s performance was driven largely by a substantial rise in interest income and the strategic management of its loan portfolio. The results underscore a resilient growth trajectory despite the prevailing macroeconomic headwinds in the Nigerian financial services sector.
Core Revenue and Interest Income Performance
A detailed breakdown of the financial report reveals that gross earnings rose by 72%, moving from N3.12 billion in 2024 to N5.37 billion in 2025. The primary driver of this revenue growth was interest income, which surged by 85% to reach N4.82 billion.
The bank’s ability to optimize its interest earning assets played a critical role in this outcome. Income from loans and advances to customers contributed significantly to the bottom line, alongside returns from investment securities. Conversely, interest expenses increased to N1.15 billion, up from N685 million in the previous year, reflecting the higher cost of funds in a high interest rate environment.
Operational Efficiency and Asset Quality
Despite the inflationary pressures impacting operating costs across the banking industry, ITMB maintained a disciplined approach to expenditure. Total operating expenses stood at N1.58 billion, a moderate increase from the N1.22 billion recorded in 2024. Personnel expenses and administrative costs remained the primary components of this expenditure.
The bank's balance sheet also showed expansion. Total assets grew to N26.4 billion, representing a 15% increase from the N22.9 billion reported at the end of December 2024. Furthermore, the bank’s loan book experienced healthy growth, with loans and advances to customers increasing as the institution continued to facilitate mortgage access for Nigerian homeowners.
Shareholder Value and Market Position
The profit after tax for the period settled at N2.57 billion, a 105% increase from the N1.25 billion achieved in 2024. Consequently, earnings per share (EPS) rose to 61.54 kobo, providing a strengthened value proposition for shareholders.
This financial milestone reinforces Infinity Trust Mortgage Bank’s position as a leading Tier 1 Primary Mortgage Bank (PMB) in Nigeria. By maintaining a low non performing loan (NPL) ratio and a robust capital adequacy ratio, the bank has demonstrated a capacity for sustainable growth in the competitive mortgage financing landscape.
Forward Looking Perspective
The 2025 performance places Infinity Trust Mortgage Bank on a solid footing for the 2026 fiscal year. As the federal government and private sector stakeholders seek to bridge the national housing deficit, ITMB’s capital strength and liquidity position it to play a pivotal role in providing affordable housing finance. Investors will likely monitor the bank's ability to maintain these growth margins if interest rates stabilize or decline in the coming quarters.
