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United Capital grows revenue 35% to N58.55bn

by News Break
March 3, 2026
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United Capital grows revenue 35% to N58.55bn
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United Capital Plc recorded a 35 per cent year-on-year increase in revenue, rising from N43.43bn at the end of 2024 to N58.55bn in 2025.

This was indicated in the Audited Financial Results for the year ended 31 December 2025, filed with the Nigerian Exchange Limited on Monday.

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The Group said the performance reflects its execution capability, diversified revenue base and resilience across its business lines. Growth was largely driven by a 176 per cent year-on-year surge in net trading income and a 59 per cent increase in fee and commission income.

Profitability also improved during the period. Profit before tax rose 37 per cent year-on-year to N41.18bn, while profit after tax increased 17 per cent to N28.15bn. Total comprehensive income for the year stood at N30.97bn.

The company stated that the result affirms its ability to sustain its historic growth trajectory and enhance shareholders’ wealth despite a volatile operating environment.

In line with its commitment to shareholders, the Board approved a final cash dividend of N0.70 per ordinary share, amounting to N12.6bn. This brings the total dividend for the 2025 financial year to N1.00 per share, valued at N18bn, representing a 25 per cent increase from the N14.4bn payout in 2024.

United Capital said the improved distribution reflects its strong cash flow position and continued focus on delivering solid earnings performance while enhancing shareholder value.

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Commenting on United Capital Group’s FY-2025 audited financials, the Board Chairman, Mr Uche Ike, said, “I am immensely proud of the leadership and the entire United Capital team for the stellar performance delivered in the 2025 financial year. I applaud our people for approaching every challenge with diligence, discipline, and an unwavering commitment to excellence.

“This level of excellence continues to set United Capital apart as a leader in the investment banking and financial services industry. I extend my sincere appreciation to our clients, partners, and shareholders for their enduring trust and to our teams across the Group whose passion and professionalism make performances like this possible.”

On the performance, the Group Chief Executive Officer, Mr Peter Ashade, added, “I am delighted to inform all our stakeholders that United Capital Group ended the year on an impressive note as Profit before Tax rose 37 per cent year-on-year despite the challenging operating environment. This remarkable business performance was driven by growth in core business operations, a resilient business model and strong execution of our strategic initiatives.

“As we proceed into the 2026 financial year, I remain excited about the opportunities ahead. Our robust risk management framework, technical expertise, operational scale, focused team and strategic clarity provide us a strong platform to effectively harness the opportunities inherent in our operating environment.”

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