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Infinity Trust Mortgage Profit Q1 2026 Jumps 49% on Interest Surge

Infinity Trust Mortgage Profit Q1 2026 Jumps 49% on Interest Surge

Infinity Trust Mortgage Plc has kicked off 2026 on a remarkable note, posting a pre-tax profit of N898.58 million for the first quarter ended March 31, 2026, a 49.38% year-on-year surge from the N601.55 million recorded in the same period of 2025.

The Infinity Trust Mortgage profit Q1 2026 result signals the firm is on a strong trajectory, with analysts projecting full-year earnings could hit N3.6 billion if momentum holds.

The standout driver of this performance was a near-doubling of interest income, which climbed to N1.768 billion a 100.78% year-on-year rise. Mortgage loans and advances to customers contributed N1.3 billion to that figure, up sharply from N714 million in Q1 2025. Treasury placements added another N305 million, according to the company’s unaudited Q1 2026 financial statement.

What the Numbers Reveal About the Bank’s Growth Engine

Total revenue climbed 50.05% to N1.928 billion, while net fees and commission income rose 77.67% to N73.75 million. Net operating income stood at N1.384 billion, up 46.74% year-on-year. Interest expenses came in at N538.76 million just 30% of interest income reflecting healthy margins. Profit after tax settled at N846.38 million, a 56.44% jump year-on-year.

On the balance sheet, total assets grew to N48.78 billion, up 9% from December 2025 levels, largely driven by a 16% expansion in loans and advances to customers, which reached N34.76 billion. Total equity stood at N11.72 billion, up 13% year-on-year, reinforcing financial stability.

Market investors have taken notice. Shares of Infinity Trust Mortgage have gained 36% year-to-date in 2026, closing at N9.35 on April 29, compared to N7 at the close of last year a clear signal of growing market confidence in the bank’s outlook.

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