LivingTrust Mortgage Bank Plc earned a profit after tax of ₦1.01 billion in 2025, up 18.3% from ₦854.5 million in 2024.
Moreover, gross earnings rose 74.9% to ₦6.52 billion, driven by the bank’s expansion in mortgages and term loans.
LivingTrust Mortgage Strong Profit Growth
Consequently, interest income climbed 55% to ₦4.49 billion, reflecting the bank’s strategic focus on growing its lending portfolio.
In addition, net interest income more than doubled to ₦766.94 million, significantly boosting revenue from interest-earning assets.
However, impairment losses increased to ₦2.72 million, indicating slightly higher credit risk as the bank extended more loans.
Meanwhile, operating expenses rose 18.9% to ₦1.71 billion, due to higher personnel costs, depreciation, and amortisation.
Despite these increases, the bank delivered strong profit growth, demonstrating effective operational management and financial discipline.
Expanding Assets
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Furthermore, total assets grew 36.3% to ₦32.74 billion, led by loans, advances, and funds due from other banks.
Loans and advances increased 21.7% to ₦17.08 billion, highlighting strong demand in mortgages and term loans.
Equity remained stable at ₦5.05 billion, supported by retained earnings, and maintained a solid capital foundation.
Positive Market Response
Additionally, the stock rebounded in 2026, with a 55.4% year-to-date gain, rising 9.8% post-results to ₦5.36.
Investors may expect higher dividends following 18.3% EPS growth, continuing the bank’s history of rewarding shareholders.
Looking ahead, LivingTrust must actively manage credit risk, asset quality, and operating costs to sustain future growth.
With an expanding portfolio and disciplined strategy, the bank positions itself well to continue delivering strong performance.
