Zenith Bank (NSA:ZENITH) Total Noninterest Expense: ₦1,782,683 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSA:ZENITH Zenith Bank PLC NSA:ZENITH
84 GF Score
Price ₦121.00
GF Value ₦61.00
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Zenith Bank Total Noninterest Expense?

Zenith Bank NSA:ZENITH +2.72% 84 Total Noninterest Expense is ₦1,782,683 Mil as of Mar. 2026. GuruFocus rates NSA:ZENITH with a GF Score™ of 84/100 and a GF Value™ of ₦61.00 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Zenith Bank's Total Noninterest Expense for the three months ended in Mar. 2026 was ₦346,100 Mil. Zenith Bank's Total Noninterest Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₦1,782,683 Mil.


Zenith Bank Total Noninterest Expense Related Terms


Zenith Bank Total Noninterest Expense Historical Data

* Premium members only.

The historical data trend for Zenith Bank's Total Noninterest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zenith Bank Total Noninterest Expense Chart

Zenith Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Noninterest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 331,881.00 373,354.00 828,536.00 1,449,755.00 1,751,190.00

Zenith Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Noninterest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 314,607.00 993,168.00 189,720.00 253,695.00 346,100.00
NSA:ZENITH
84GF Score
Zenith Bank PLC NSA:ZENITH
Total Noninterest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zenith Bank Total Noninterest Expense Calculation

Total Noninterest Expense is any expenses incurred that not related to interest. It includes:
Selling, General, & Admin. Expense
Occupancy
Equipment
Professional fees
Amortization of intangibles
Any other special income/charges (too numerous to list)
Some banks can do choose to report each of these items separately. Yet, there are a variety of noninterest expense which are simply too numerous to list.

Total Noninterest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦1,782,683 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Noninterest Expense of ₦1,782,683 Mil mean?
Zenith Bank (NSA:ZENITH) has a Total Noninterest Expense of ₦1,782,683 Mil as of Mar. 2026. Total noninterest expense is any expenses incurred that not related to interest. View historical data on Zenith Bank and its competitors.
Is Zenith Bank's Total Noninterest Expense too high?
Zenith Bank's current Total Noninterest Expense is ₦1,782,683 Mil. Overall, Zenith Bank has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zenith Bank's Total Noninterest Expense compare to competitors?
Zenith Bank's Total Noninterest Expense of ₦1,782,683 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Noninterest Expense for a Banks company?
A good Total Noninterest Expense depends on the Banks industry context. However, Total Noninterest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Noninterest Expense mean?
A high Total Noninterest Expense can signal that a stock is expensive relative to its fundamentals. Total noninterest expense is any expenses incurred that not related to interest. View historical data on Zenith Bank and its competitors. Zenith Bank's current Total Noninterest Expense is ₦1,782,683 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenith Bank stock overvalued right now?
Based on GuruFocus' analysis, Zenith Bank (NSA:ZENITH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦61.00, compared to a current price of ₦121.00 — trading 98.4% above its estimated fair value. The current Total Noninterest Expense is ₦1,782,683 Mil. Zenith Bank's overall GF Score™ is 84/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Noninterest Expense calculated?
Total Noninterest Expense is calculated from a company's financial statements. For Zenith Bank (NSA:ZENITH), the current Total Noninterest Expense is ₦1,782,683 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zenith Bank (NSA:ZENITH) Overvalued in 2026?

Based on GuruFocus' analysis, Zenith Bank stock appears to be overvalued. The current stock price of ₦121.00 is trading 98.4% above its estimated GF Value™ of ₦61.00. GuruFocus considers Zenith Bank to be Significantly Overvalued.

Key valuation signals for NSA:ZENITH:

  • Total Noninterest Expense: ₦1,782,683 Mil
  • GF Value™: ₦61.00 vs. price of ₦121.00 (98.4% above fair value)
  • GF Score™: 84/100 with 1 warning sign

No single metric tells the full story. See the NSA:ZENITH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zenith Bank Business Description

Address Plot 84/87, Ajose Adeogun Street, Zenith Heights, Victoria Island, Lagos, NGA
Zenith Bank PLC is a Nigeria- based company. Its core business is the provision of banking and other financial services to corporate and individual customers. The bank provides services such as granting of loans and advances, corporate finance and money market activities. It also provides banking and pension custodial services to a diverse group of corporations, financial institutions, investment funds, governments and individuals; provision of investment advisory, financial planning services and investment product offerings; providing brokerage services, financing services and securities lending services to institutional clients, including mutual funds, pension funds and to high-net-worth individuals. Revenue generated by bank consists of interest income, fees and commission received.
84GF Score

Get the complete analysis for NSA:ZENITH

Total Noninterest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦121.00
Price
₦61.00
GF Value