First HoldCo Plc (NGX:FIRSTHOLDCO)
Nigeria
· Delayed Price · Currency is NGN 50.00
-2.00 (-3.85%)
At close: Mar 9, 2026
First HoldCo Income Statement
Financials in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Interest Income on Loans | 2,963,940 | 2,397,428 | 936,682 | 551,937 | 369,047 | Upgrade
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| Interest Income on Investments | 14,240 | 10,657 | 5,742 | 3,166 | 6,520 | Upgrade
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| Total Interest Income | 2,978,180 | 2,408,085 | 942,424 | 555,103 | 375,567 | Upgrade
|
| Interest Paid on Deposits | 1,053,811 | 996,119 | 390,394 | 188,688 | 140,805 | Upgrade
|
| Net Interest Income | 1,924,369 | 1,411,966 | 552,030 | 366,415 | 234,762 | Upgrade
|
| Net Interest Income Growth (YoY) | 36.29% | 155.78% | 50.66% | 56.08% | -8.15% | Upgrade
|
| Gain (Loss) on Sale of Assets | 2,609 | -194 | 7 | 1,249 | -79 | Upgrade
|
| Gain (Loss) on Sale of Investments | -33,739 | 501,930 | 74,166 | 18,991 | 60,260 | Upgrade
|
| Other Non-Interest Income | 354,826 | 242,684 | 511,100 | 213,636 | 297,870 | Upgrade
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| Total Non-Interest Income | 323,696 | 744,420 | 585,273 | 233,876 | 358,051 | Upgrade
|
| Non-Interest Income Growth (YoY) | -56.52% | 27.19% | 150.25% | -34.68% | 96.78% | Upgrade
|
| Revenues Before Loan Losses | 2,248,065 | 2,156,386 | 1,137,303 | 600,291 | 592,813 | Upgrade
|
| Provision for Loan Losses | 748,125 | 426,294 | 224,948 | 68,619 | 91,711 | Upgrade
|
| Revenue | 1,499,940 | 1,730,092 | 912,355 | 531,672 | 501,102 | Upgrade
|
| Revenue Growth (YoY) | -13.30% | 89.63% | 71.60% | 6.10% | 33.37% | Upgrade
|
| Salaries and Employee Benefits | 385,913 | 308,472 | 175,901 | 117,376 | 128,772 | Upgrade
|
| Occupancy Expenses | 76,295 | 61,982 | 29,053 | 20,982 | 20,022 | Upgrade
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| Amortization of Goodwill & Intangibles | - | - | 13,825 | 7,068 | 8,258 | Upgrade
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| Selling, General & Administrative | 336,945 | 210,694 | 103,065 | 55,094 | 45,768 | Upgrade
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| Other Non-Interest Expense | 472,417 | 353,012 | 235,183 | 173,425 | 131,362 | Upgrade
|
| Total Non-Interest Expense | 1,270,843 | 933,625 | 556,207 | 373,770 | 334,440 | Upgrade
|
| EBT Excluding Unusual Items | 229,097 | 796,467 | 356,148 | 157,902 | 166,662 | Upgrade
|
| Pretax Income | 229,097 | 796,467 | 356,148 | 157,902 | 166,662 | Upgrade
|
| Income Tax Expense | 176,344 | 132,977 | 47,715 | 21,591 | 15,515 | Upgrade
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| Earnings From Continuing Operations | 52,753 | 663,490 | 308,433 | 136,311 | 151,147 | Upgrade
|
| Earnings From Discontinued Operations | -7,771 | 13,515 | 1,937 | -138 | -68 | Upgrade
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| Minority Interest in Earnings | -6,938 | -6,206 | -2,167 | -1,770 | -1,370 | Upgrade
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| Net Income | 38,044 | 670,799 | 308,203 | 134,403 | 149,709 | Upgrade
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| Net Income to Common | 38,044 | 670,799 | 308,203 | 134,403 | 149,709 | Upgrade
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| Net Income Growth | -94.33% | 117.65% | 129.31% | -10.22% | 70.15% | Upgrade
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| Basic Shares Outstanding | 41,885 | 36,093 | 35,895 | 35,895 | 35,895 | Upgrade
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| Diluted Shares Outstanding | 41,885 | 36,093 | 35,895 | 35,895 | 35,895 | Upgrade
|
| Shares Change (YoY) | 16.05% | 0.55% | - | - | - | Upgrade
|
| EPS (Basic) | 0.91 | 18.59 | 8.59 | 3.74 | 4.17 | Upgrade
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| EPS (Diluted) | 0.91 | 18.59 | 8.59 | 3.74 | 4.17 | Upgrade
|
| EPS Growth | -95.11% | 116.45% | 129.31% | -10.22% | 70.23% | Upgrade
|
| Dividend Per Share | - | 0.600 | 0.400 | 0.500 | 0.350 | Upgrade
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| Dividend Growth | - | 50.00% | -20.00% | 42.86% | -22.22% | Upgrade
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| Effective Tax Rate | 76.97% | 16.70% | 13.40% | 13.67% | 9.31% | Upgrade
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Source: S&P Capital IQ. Banks template. Financial Sources.