Custodian Investment Plc recorded a modest 0.56% increase in pre-tax profit for the nine months ended September 30, 2025, reaching N52.74 billion compared to N52.45 billion in the same period last year.

For the third quarter alone, the company posted a pre-tax profit of N22.26 billion, down from N27.16 billion in Q3 2024 and N22.96 billion in Q2 2025.

Despite the positive year-to-date profit growth, the company underperformed its earnings forecast, which projected N58.1 billion in pre-tax profit and N175.8 billion in revenue.

The actual revenue for the nine months came in slightly lower at N173.85 billion.

Revenue growth was driven primarily by increases in insurance service revenue, which rose to N121.71 billion from N92.09 billion YoY, alongside strong investment income and fees.

The company also reduced its external borrowings significantly, and cash reserves improved sharply, suggesting healthy liquidity management.

Market Reaction

Following the release of the Q3 2025 financial results, Custodian Investment Plc’s share price closed at N42.90, up 4.95% on the day.