Tatum Bank has reported a Profit Before Tax of N1.7bn for the 2025 financial year, its first eight months of operation, according to its abridged financial statement.
The bank also closed the year with a deposit base of more than N117bn, reflecting customer growth and increased market penetration during its early operations.
The performance came amid investments in operational setup, technology infrastructure, talent acquisition, and customer experience initiatives undertaken during the bank’s formative stage.
Tatum Bank further disclosed that it met the recapitalisation requirements stipulated by the Central Bank of Nigeria, strengthening its capital position and long-term stability.
Commenting on the performance, the Managing Director of Tatum Bank, Niyi Adeseun, said the bank recorded significant growth despite the costs associated with its early-stage expansion.
“Our first year has been defined by transformative growth and meaningful achievements. Despite significant pre-operational investments, we achieved a Profit Before Tax of ₦1.7bn 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.
Adeseun stated that the bank would continue efforts aimed at strengthening stakeholder confidence, maintaining regulatory compliance standards, and delivering financial solutions to retail, SME, corporate, and institutional customers.
He added that the bank remained focused on expanding its operations across key markets while deepening financial inclusion through technology-driven banking services.
According to the bank, its growth strategy is anchored on customer-centric operations, digital transformation, operational efficiency, and long-term value creation.
Tatum Bank also disclosed that it was recently named a finalist at the Infosys Finacle Innovation Awards 2026 in the “Transformation Excellence – Core Banking Transformation” category.
The management said the bank would continue building a resilient financial institution positioned to support Nigeria’s evolving economic environment.
Tatum Bank described itself as a digital-focused financial institution providing banking services to individuals, SMEs, corporates, and institutions.
