Tatum Bank Records N1.7 Billion Profit Before Tax in First Financial Year

Tatum Bank has announced a strong financial performance for the 2025 financial year, recording a Profit Before Tax (PBT) of ₦1.7 billion in its first eight months of operation.

According to the Bank’s abridged financial statement, Tatum Bank also closed the financial year with a deposit base of over ₦117 billion, underscoring growing customer confidence, strong market acceptance, and the Bank’s strategic drive for sustainable growth.

The impressive performance comes amid significant investments in operational setup, technology infrastructure, talent acquisition, and customer experience initiatives undertaken during the Bank’s formative stage.

The Bank further disclosed that it successfully met the recapitalisation requirements stipulated by the Central Bank of Nigeria (CBN), reinforcing its financial strength, long-term stability, and commitment to supporting the Nigerian financial system.

Speaking on the milestone, the Managing Director of Tatum Bank, Mr. Niyi Adeseun, described the Bank’s first year as both challenging and rewarding, noting that the performance reflects the resilience of the institution and the confidence reposed in it by customers and stakeholders.

“Our first year has been defined by transformative growth and meaningful achievements”. Despite significant pre-operational investments, we achieved a Profit Before Tax of ₦1.7 billion in 2025, a testament to the strength of our strategy, the dedication of our team, and the trust of our customers.

We have built not just a bank, but a platform for growth, innovation, and inclusion,” he said.

Mr. Adeseun further stated that the Bank will continue to reinforce efforts geared towards strengthening stakeholder confidence, maintaining strong regulatory compliance standards, and delivering innovative financial solutions tailored to Retail, SME, Corporate, and Institutional customers.

He added that Tatum Bank remains committed to expanding its operational footprint across key markets while deepening financial inclusion through accessible, technology-driven banking solutions.

The Bank noted that its growth trajectory is anchored on customer-centricity, digital transformation, operational excellence, and sustainable value creation for all stakeholders.

Tatum Bank also recently gained international recognition as a finalist at the Infosys Finacle Innovation Awards 2026 in the “Transformation Excellence – Core Banking Transformation” category, further highlighting its commitment to innovation and technology-led banking transformation.

As the Bank enters a new phase of growth, management reaffirmed its commitment to building a resilient, future-focused financial institution positioned to support Nigeria’s evolving economic landscape.

About Tatum Bank
Tatum Bank is a forward-thinking financial institution committed to delivering innovative, secure, and customer-focused banking solutions. With a digital-first approach, the Bank provides a wide range of services to individuals, SMEs, corporates, and institutions, driving financial inclusion and enabling economic progress.

For further information, visit www.tatumbank.com