TAJBank Limited has sustained its frontline position in the nation’s ethical banking space with its profit before tax (PBT) surging by 74 per cent year-on-year to N31.562 billion in 2025, from N18.166 billion recorded in 2024.

The latest data from the bank’s audited full-year report for last year noted that its total assets grew to N1.34 trillion from N953 billion in the preceding year, while the non-interest lender’s total equity grew to N149.23 billion, translating to 144 per cent growth over the N61.25 billion recorded in the preceding year, among other positive key performance indicators (KPIs) of its operations during the year.

To reward the shareholders for their commitment to the sustainable growth of the bank as Nigeria’s largest ethical bank by assets, the board at the bank’s just-concluded virtual 2026 yearly general meeting (AGM) approved 20 kobo dividend per share for the investors, one of the highest dividend per share ratios in the nation’s banking industry.

Commenting on the Board’s decision on the dividend payment during a brief chat with journalists on decisions taken during the AGM, the Board Chairman, Tanko Gwamna, said: “The Board rewarded the shareholders for their contributions to the growth of TAJBank as we have been doing over the years.”

The Managing Director, Hamid Joda, described the improving financial performance of TAJBank as a clear demonstration of the management’s adoption of a prudential financial approach in our operations and this is already helping to grow investor confidence in the bank.

Also, the bank’s Executive Director, Mr. Sheriff Idi, enthused: “We greatly value our shareholders and customers because their interest is why we are in business and we will always prioritize them in our operations.”

After five years of operations in Nigeria’s rapidly evolving non-interest banking (NIB) space, TAJBank Limited was recently rated by the regulatory authorities as the biggest player in the NIB subsector based on its approved financial statements for the half year 2025, in terms of total assets and gross earnings values.

It would be recalled that TAJBank had in 2021, 2022 and 2023 won the BusinessDay’s awards and before then, bagged the Leadership Newspapers’ 2020 ‘Bank of The Year’ award.

In recognition of the non-interest lender’s strict compliance with global best practices, particularly in information security standards in its operations, TAJBank had between year 2022 and 2023 bagged the Payment Card Industry Data Security Standard (PCI DSS) certification, and three International Standards Organisation (ISO) certifications by the Certification Partner Global (CPG), namely ISO 27001, ISO 22301, and ISO 20000 on Information Security, Business Continuity, and IT Service Management Systems