HBM Nigeria posts N318 billion H1 profit, declares interim dividend

The Nigerian bank's strong first-half results and payout signal resilience in the local financial sector, joining a wave of corporate earnings from peers like Unilever Nigeria.

By Handelsavisen Newsroom · Automated 2026-07-28 16:53 UTC · 1 min read

HBM Nigeria has reported a first-half 2026 profit of N318 billion, accompanied by the declaration of an interim dividend for shareholders.

The results, published on Tuesday, underscore the lender's continued profitability despite broader economic headwinds in the region.

The announcement follows a similar disclosure from ETI, which reported a pre-tax profit of N584.

The announcement follows a similar disclosure from ETI, which reported a pre-tax profit of N584.01 billion for the same period.

These figures highlight a trend of robust earnings among major Nigerian financial institutions, suggesting that domestic demand and operational efficiency are offsetting inflationary pressures.

HBM's dividend declaration adds to a growing list of corporate payouts in Nigeria.

Earlier this week, Unilever Nigeria reported a first-half profit of N29.2 billion and declared an interim dividend of N2.00 per share.