Zenith Bank profit hits N1.3tn

The profit before tax of Zenith Bank surged by 67 per cent to N1.3tn at the end of the 2024 financial year from N796bn in 2023.

This was indicated in the audited financial report filed with the Nigerian Exchange Limited on Wednesday.

According to the annual report, Zenith Bank’s profit before tax increased by 67 per cent on the back of effective management and pricing of its risk assets, as well as an optimised treasury portfolio.

Its gross…