United Capital Plc has announced a record financial performance for the year ended December 31, 2025, with profit after tax rising to ₦28.15 billion, reflecting a 17 percent year-on-year increase.
The results were presented at the company’s 13th Annual General Meeting held in Abuja on April 24, 2026, where management attributed the strong performance to significant growth in revenue streams. Gross earnings climbed by 35 percent to ₦58.55 billion, driven largely by a sharp 176 percent surge in net trading income.
Profit before tax also rose substantially to ₦41.18 billion, while total assets increased modestly to ₦1.76 trillion, underscoring the firm’s steady balance sheet expansion despite a challenging economic environment.
Shareholders are set to benefit from the performance, as the Board approved a final dividend of ₦0.70 per share. This brings the total dividend for the 2025 financial year to ₦1.00 per share, amounting to a total payout of ₦18 billion—up 25 percent from the previous year.
Group Chief Executive Officer Peter Ashade described the year as a milestone for the company, noting that all subsidiaries recorded profitability across its key business segments, including asset management, trusteeship, securities, and microfinance banking.
“We delivered strong growth despite a volatile macroeconomic environment, reinforcing our long-term strategy and operational discipline,” Ashade said.
Group Chairman Uche Ike highlighted that the company achieved a Return on Average Equity of 20 percent, signaling sustained value creation for investors.
Looking ahead, United Capital said it plans to deepen its presence across Africa while expanding its digital capabilities to support future growth. Shareholders at the AGM commended the management for maintaining consistent returns amid ongoing economic pressures.