United Capital Plc has posted strong half-year financial results for 2025, reporting significant growth in revenue and profitability that underscores the company’s sustained expansion over the past five years.

In its unaudited financial statement released this week, the Pan-African investment bank reported a 57 per cent year-on-year increase in revenue, which rose to ₦23.76 billion in the first half of 2025. Profit after tax stood at ₦11.89 billion, representing a 54 per cent increase compared to the same period last year. Profit before tax also climbed by 52 per cent to ₦13.79 billion.

The company’s shareholders’ funds rose by 25 per cent to ₦166.91 billion, while an interim dividend of ₦5.4 billion—translating to ₦0.30 per 50 kobo ordinary share—was declared, continuing a tradition that began last year.

The latest results reflect a five-year growth trajectory that has seen the group’s profit increase by 522 per cent—from ₦1.91 billion in H1-2020 to ₦11.89 billion in H1-2025—alongside a 434 per cent revenue increase over the same period.

Commenting on the performance, United Capital’s Group Chief Executive Officer, Mr. Peter Ashade, said the results highlight the company’s operational strength and strategic focus.

“We are pleased to report that we ended the first half of the year on a strong and positive note. Once again, we have continued our track record of excellence and strong financial performance, which reflects the strength of our diversified business model,” Ashade said.

He added that the interim dividend reaffirmed the group’s commitment to delivering value to shareholders.

“Last year, we made history by declaring our first-ever interim dividend, alongside a 2-for-1 bonus issue, which was met with great enthusiasm by our shareholders. This year, we continue to honour our commitment by declaring another interim dividend of ₦5.4 billion, reinforcing our dedication to delivering sustainable returns and enhancing shareholder value,” he said.

United Capital said it remains focused on expanding its retail business and growing its footprint across Africa. Following a recent entry into Francophone West Africa, the company is advancing its Pan-African growth strategy, backed by strong fundamentals and a clear strategic direction.

The group’s performance comes amid a challenging macroeconomic environment in Nigeria and across the continent, with capital markets and financial institutions adjusting to shifting monetary policies and currency volatility. However, United Capital has continued to post consistent growth, positioning itself as a resilient player in Africa’s investment services landscape.

Founded as one of the first investment banks to list on the Nigerian Exchange, United Capital offers a suite of services including investment banking, asset management, securities trading, wealth management, trusteeship, consumer finance, and microfinance.