LivingTrust Mortgage {Bank} has revealed its half-year {financial} outcomes for the interval ended June 30, 2025, posting a pre-tax revenue of N562.5 million.
This marks a 32.78% year-on-year improve from the N423.6 million recorded in the identical interval final yr, pushed largely by a strong rise in curiosity and associated earnings.
Curiosity and comparable earnings rose sharply to N2.04 billion, reflecting a 46.79% improve in comparison with N1.3 billion within the corresponding interval of 2024.
Nonetheless, the price of funding rose considerably. Curiosity bills surged to N1.5 billion, greater than doubling the N585.6 million recorded within the first half of 2024.
On a constructive word, payment and fee earnings jumped 115.72% to N86.8 million, with the bulk—N66.7 million—coming from credit-related charges.
The {bank} additionally recorded N542.9 million in ‘different working earnings’. Curiosity from treasury payments stood at N342.7 million, a major bounce from simply N31.6 million in the identical interval final yr.
Regardless of a 40.66% spike in whole working bills, the {bank} maintained its profitability.
On the steadiness sheet, whole belongings rose by 20.1% to N28.8 billion, whereas retained earnings stood at N1.4 billion.
As of the shut of buying and selling on July 11, shares of the corporate had been priced at N7.30, reflecting a year-to-date efficiency of 67%.
