Stanbic IBTC Deposits Surge 39% to ₦4.17 Trillion, Signaling Growing Customer Confidence

Stanbic IBTC Holdings grew its deposits from customers by 39% to N4.17 trillion in the 9-months period to September 2025.

This signals strong deposit mobilization by the bank, reflecting customer confidence, improved liquidity, and stable funding, while offering customers benefits of higher returns on committed funds.

The largest boost came from term deposits which grew by 161% to N1.53 trillion from N589 billion as at December 2024.

A term deposit is a type of savings account where you deposit a lump sum of money for a fixed period, called a “term,” in exchange for a guaranteed, fixed interest rate.

For Stanbic IBTC this means:

• Increased Funding Base: The bank now has a larger pool of stable funding from term deposits, which generally come with predetermined maturities. This improved funding base can support more lending and investment activities, potentially boosting profitability.
• Lower Reliance on Volatile Funding: Term deposits are less likely to be withdrawn suddenly compared to demand deposits or short-term borrowings, helping the bank manage liquidity risk more effectively.
• Cost Considerations: Since term deposits typically pay higher interest than demand deposits, the bank’s interest expense might increase, which could impact net interest margins unless offset by higher-yielding assets.
• Sign of Customer Confidence: A large increase can signal growing customer trust and confidence in the bank’s stability and offerings.

For Stanbic IBTC Customers it is a sign of:

• Attractive Interest Rates: The surge in term deposits suggests the bank may have offered competitive interest rates or incentives to attract more fixed-term savings.
• Financial Discipline: Term deposits encourage savings discipline among customers with safety and predictable returns, beneficial for planning financial goals.
• Potential Impact on Lending Rates: The increased deposit base could enable the bank to offer more competitive loan rates, benefiting borrowing customers.

A breakdown of the rest of the customer deposits show current accounts came in at N2.02 trillion, while call deposits were N214.2 billion and savings accounts N405.78 billion.

Stanbic IBTC Shareholder funds hit N1 trillion

Following the completion of its rights issue program in the First Quarter (Q1) of 2025, Stanbic IBTC successfully met its revised minimum capital requirement, with its shareholders’ equity now above the N1 trillion mark.

This achievement has increased the group’s equity base to N1.055 trillion as at 9-months 2025, compared to N661.89 billion as at Full Year 2024.

Stanbic IBTC Holdings grew profit by 52% for the third quarter (Q3) period ending September 2025 led by strong growth in Net Interest Income.

Net Interest Income rose 80% to N454.58 billion in the 9-months period compared to N251.85 billion as at September 2024.

This helped to boost profit after tax (PAT) which hit N278.47 billion, from N182.8 billion in the earlier period.

Stanbic IBTC Holdings stock has a 1-Year return of 105% and trades at a Price to Book ratio of 1.86.

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