By Fatou Sillah
Trust Bank reported stronger earnings, asset growth, and an improved capital position during its 2025 financial year, underscoring what its leadership described as the bank’s resilience in a challenging operating environment.
The results were presented on Thursday during the bank’s Annual General Meeting at the Ocean Bay Hotel in Bakau, where shareholders, members of the Board of Directors, senior management, staff, and invited guests gathered to review the institution’s financial performance and strategic priorities.
Presenting the board’s report, Chairman Franklin A. Hayford said profit before tax rose to D491.02 million in 2025, compared with D463.23 million the previous year, reflecting sustained earnings growth.
“Profit before tax increased to D491.02 million, up from D463.23 million in 2024, reflecting our ability to sustain earnings momentum despite a dynamic operating environment,” Mr. Hayford said.
Net interest income climbed to D1.11 billion from D946.79 million in 2024, driven by stronger returns on earning assets and what Mr. Hayford described as disciplined balance sheet management.
The bank also reported continued expansion in its balance sheet. Total assets increased to D14.69 billion from D12.84 billion a year earlier, while customer deposits rose to D12.75 billion from D10.7 billion, a gain the chairman said reflected continued customer confidence and provided a stable source of funding for future growth.
Trust Bank further strengthened its financial position during the year, with its capital adequacy ratio improving to 21 percent, comfortably above regulatory requirements. Liquidity also increased to 76 percent, a level the bank said leaves it well positioned to meet customer obligations and support continued lending.
Mr. Hayford said lending activity moderated during the year as part of a deliberate effort to strengthen risk management.
“Loans and advances moderated during the year as part of a deliberate risk management strategy. Nonetheless, we continue to prioritize asset quality,” he said.
Comments are closed.