Custodian Investment grows revenue by 48%, surpasses N1tn asset milestone in 2025

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Custodian Investment Plc has announced its audited financial results for the year ended December 31, 2025, delivering a strong performance driven by significant growth across key financial indicators and major strategic milestones, despite a challenging operating environment.

A statement from the organisation today said the Group recorded robust growth in both revenue and profitability, highlighting the strength and resilience of its diversified financial services model. Gross Revenue rose by 48% to ₦225 billion (2024: ₦152 billion), while Profit Before Tax increased by 24% to ₦77 billion (2024: ₦62 billion). Profit After Tax also grew by 24% to ₦68 billion (2024: ₦55 billion), with Earnings Per Share advancing 26% to ₦11.19 (2024: ₦8.89).

In a defining milestone, Custodian’s total assets surged by 155% to ₦1 trillion (2024: ₦416 billion), while shareholders’ equity increased by 53% to ₦199 billion, reflecting enhanced balance sheet strength and sustained value creation.

Operationally, the Group made significant strategic progress during the year. Most notably, Custodian completed the acquisition of Quest Merchant Bank through the EverQuest Acquisition LLP consortium, marking its entry into wealth management, and advisory services. This move broadens the Group’s earnings base and reinforces its evolution into a fully diversified financial services powerhouse.

The Group also recorded strong growth in its core insurance business, with Insurance Service Revenue increasing from ₦96 billion to ₦141 billion, driven by improved underwriting performance and expanded distribution capabilities.

Commenting on the results, the Group Managing Director, Mr. Wole Oshin, stated:
“Our 2025 performance reflects disciplined execution, the resilience of our business model, and our deliberate expansion into high-growth financial segments.”