Jaiz Bank Plc has recorded an unaudited profit of N4.21billion for the financial period ended December 31, 2021.
The results released to the Nigerian Exchange Group, showed a 37.17% growth in Profit Before Tax (PBT), from N3.07 billion in December 2020 to N4.21 billion in December 2021.
The Bank also declared a 31.76% increase in Gross Income, from N19.61 billion realised in December 2020 to N25.84 billion at the end of December 2021.
During the period under review, the premier non-interest bank in Nigeria grew its total asset by 19.62% from N233.58 billion as at end of December 2020 to N279.42 billion at the end of December 2021.
The bank’s shareholders’ funds for the period under review also grew by 14.84%, from N17.85 billion as at end of December 2020 to N20.50 billion as at end of December 2021.
Earnings per share for the period increased by 21.62% from 9.85 kobo in the 2020 to 11.98 kobo in 2021.
Jaiz bank has consistently delivered remarkable results in the last four years, which clearly is a reaffirmation of its continuous growth trajectory, being the leader in Nigeria Non-Interest Banking space.
Managing Director/Chief Executive Officer, Hassan Usman attributed the achievements to the bank’s footprints across the country, coupled with the strong ambition to provide par excellence service to customers while meeting their financial needs.
The Usman who also congratulated the board, management and staff on these achievements acknowledged the immense hard work of staff, excellent service delivery to customer, and support from shareholders.
