United Capital records profit of N28.15bn

Shareholders of United Capital Group have approved a total dividend payment of N18 billion in 2025 financial year. The amount represents 25 per cent increase over N14.4 billion distributed in the preceding financial year.

This translated to a final dividend of 70 kobo per share, bringing the total dividend for the review period to N1.00 per share.

The Company recorded its most profitable financial year, growing profit after tax  by 17 per cent to N28.15 billion in the 2025 financial year.

The Group reported a 35 per cent increase in revenue, from N43.43 billion in 2024 to N58.55 billion in 2025, driven by a 176 per cent surge in net trading income and a 59 per cent rise in fee and commission income.

The result showed that Profit before tax rose 37 per cent to N41.18 billion, while total comprehensive income closed the year at N30.97 billion, figures that reflect both strong revenue growth and disciplined cost management across the Group.

The most significant milestone of the year was the simultaneous profitability of all seven of United Capital’s subsidiaries: Asset Management, Trusteeship, Securities, Investment Banking, Wealth Management, Microfinance Banking, and Consumer Finance. It reinforces the organisation’s position as a resilient, future-ready, and sustainable institution. It also positions the organisation on course to be a clear leader in the Nigerian Capital markets, a result that shareholders and market observers described as a reflection of the Group’s leadership, resilience, innovation, strategic clarity and execution prowess.

Addressing Shareholders at the AGM, Group Chief Executive Officer of United Capital Group, Mr Peter Ashade said: “2025 was a defining year for United Capital. In a challenging macroeconomic environment, we grew revenue by a third, returned every single subsidiary to profit, and strengthened our capital base. These results are not accidental, they reflect years of deliberate choices around people, products, and discipline. We enter 2026 with strong momentum and a clear ambition: to continue to build a financial services group that can deploy, manage and utilize capital in a manner that empowers Africans everywhere.”

In line with its commitment to shareholder value, the Board of Directors approved a final dividend of N0.70 per share, bringing the total dividend for the 2025 financial year to N1.00 per share, equivalent to N18 billion. This represents a 25 per cent increase over the N14.4 billion distributed to shareholders in 2024 and signals the Group’s confidence in the sustainability of its earnings and its dedication to consistent wealth distribution.

The performance is particularly notable given the macroeconomic headwinds that characterised Nigeria’s financial services sector in 2025, including elevated interest rates, currency volatility, and evolving regulatory requirements. United Capital’s ability to deliver record profitability across diverse business lines through this period positions the Group as a benchmark for resilience and operational excellence in the industry.

With a restored capital base, a fortified leadership team, and profitability entrenched across all business lines, United Capital Group enters 2026 with strong foundations for growth. The Group’s strategic priorities for the year ahead include accelerating its Pan-African expansion, deepening its digital capabilities, and significantly scaling Asset Under Management across its wealth and asset management platforms.