Zenith Bank has earned N291.8 billion from commissions and fees in the 2025 financial year.
The company disclosed this in its financial results for the year, which was released on Tuesday.
Bank fees and commission income include credit-related fees, which comprise advisory, penal, and commitment fees charged for administration and advisory services to customers up to the point of acceptance of offer letters.
Other items under this segment are account maintenance fees (N1 on every N1,000 in respect of all customer-induced debit transactions) and card maintenance fees, charged monthly and valid throughout the card’s period.
According to the bank’s results, all the fees and commissions received for the year totalled N405.8 billion.
However, the bank said it spent N114 billion to realise the amount, leaving it with N291.8 billion as income.
A breakdown of the income shows that the bank made the largest amount from account maintenance fees at N91.9 billion.
The bank’s income from fees on electronic products stood at N89.1 billion, while N29.4 billion was realized from foreign currency transaction fees and commissions.
Zenith Bank also earned N19.1 billion from foreign withdrawal charges, while income from financial guarantee contracts issued stood at N53.1 billion.
