Optimus Bank PBT doubles to ₦24.55bn in H1 2026, secures Agusto rating upgrade

Optimus Bank PBT doubles to ₦24.55bn in H1 2026, secures Agusto rating upgrade

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Amaka in Business & Making Money • November 13, 2026, 3:50 pm
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Optimus Bank reports a 103.9% surge in Profit Before Tax to ₦24.55 billion for the half-year ended June 30, 2026, up from ₦12.04 billion in H1 2025. The audited results show interest income more than doubling to ₦42.42 billion, while Profit After Tax climbed 84.3% to ₦15.96 billion.

The balance sheet expanded significantly: total assets grew 65.3% to ₦472.69 billion, customer deposits rose 10.7% to ₦126.32 billion, and gross loans increased 26.2% to ₦149.12 billion. Shareholders' equity jumped 222.7% to ₦229.80 billion, driven by the bank's recapitalization exercise and retained earnings. Capital Adequacy Ratio stands at 53.0%—over five times the 10% regulatory minimum for national banks.

Agusto & Co. upgraded Optimus Bank's credit rating to A- (Long-Term) and A1 (Short-Term) with a Stable Outlook, citing strong capitalization, liquidity, and profitability. The rating signals improved risk management and financial resilience.

For customers and businesses, this means a bank with significantly stronger lending capacity and stability. The 26% loan growth suggests Optimus is actively deploying capital across key economic sectors.

With CAR at 53% and a growing loan book, will Optimus become your preferred partner for business funding or personal banking needs?


SOURCE: https://dailypost.ng/2026/11/13/optimus-bank-grows-h1-2026-profit-before-tax-by-104-secures-agusto-rating-upgrade/


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