Coronation Merchant Bank held its 10th Annual General Meeting (AGM) in Lagos celebrating a decade of institutional resilience and reaffirming its position as a catalyst in Nigeria’s merchant banking sector.
The event marked a significant milestone in the bank’s journey, highlighting a year of strategic repositioning and long-term value creation.
The AGM provided an opportunity to reflect on the bank’s strong full-year 2024 performance, previously announced to the market, which demonstrated its strategic momentum and growing market relevance. Gross earnings grew by 58 percent year-on-year to N97.1 billion, while profit before tax rose to N13.4 billion, marking a 283 percent increase.