Nigeria, Nov. 3 -- Zenith Bank Plc has emerged as the bank with the highest Profit After Tax in the 2024 financial year.

The ranking is based on a review of the 2025 edition of the PREMIUM TIMES Annual Banking Report, released in October.

The magazine, an annual special print publication of PREMIUM TIMES, Nigeria's leading investigative newspaper, primarily draws on the audited reports of Nigeria's top commercial banks and intelligence gathered from the sector.

The latest review of the 2025 edition of the magazine shows that Zenith led others in profit after tax (PAT) in 2024, recording a 52.6 per cent increase to N1.03 trillion from N676.9 billion in 2023.

Next came Guaranty Trust Holding Company, whose PAT touched N1.02 trillion, ha...