Black Banx Inc. News Releases

Black Banx Reports $6.5 Billion Profit in 2025, Raises Dividend to $4.00 per Share

Wed, 18 Mar 2026 08:35:00 -0400

Road Town, British Virgin Islands--(Newsfile Corp. - March 18, 2026) - Black Banx Group Holdings Inc. today reported pre-tax profit of USD 6.5 billion for the financial year ended 31 December 2025, compared with USD 3.6 billion in 2024, reflecting continued strong growth across its global digital banking platform. The results were published alongside the Group's 2025 Annual Report.⸻ Financial Performance Overview The Group's performance in 2025 was driven by sustained expansion in its global...

Black Banx Group Reports Record Full-Year 2025 Results, Strong Year on-Year Growth and Quantified Outlook for 2026

Sat, 31 Jan 2026 08:22:00 -0500

Road Town, British Virgin Islands--(Newsfile Corp. - January 31, 2026) - Black Banx Group today announced its full-year financial and operational results for the year ended 31 December 2025, highlighting record revenue and profitability, continued operational efficiency gains, and a year-end customer base just short of 100 million clients. ⸻ Financial Performance Overview Key Financial Metrics* USD (billions) FY 2024 FY 2025 YoY Change Revenue 14.2 17.1 +20.4% Profit before...

Black Banx Group - Third Quarter 2025 Results

Thu, 30 Oct 2025 06:39:00 -0400

Black Banx reports USD 4.3 billion revenue and USD1.6 billion pre-tax profit in third quarter 2025. Road Town, British Virgin Islands--(Newsfile Corp. - October 30, 2025) - Black Banx Group today announced its results for the third quarter ended 30 September 2025, delivering strong performance with further progress toward its full-year targets.Black BanxTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10055/272539_9d807acfa48b6bbe_001full.jpgKey...

Black Banx Reports USD 1.5 Billion Pre-Tax Profit in Q2 2025 amid Ongoing Strategic Expansion

Mon, 28 Jul 2025 10:51:00 -0400

Road Town, British Virgin Islands--(Newsfile Corp. - July 28, 2025) - Black Banx today reported a pre-tax profit of USD 1.5 billion for the second quarter of 2025, slightly down from the record USD 1.6 billion in Q1 2025 but significantly above the USD 1.3 billion achieved in Q4 2024. The Group's Q2 revenues totaled USD 4.1 billion, driven by continued customer acquisition, high transaction volumes, and strong platform usage across global markets.Black BanxTo view an enhanced version of this...

Black Banx Reports USD 1.6 Billion Pre-Tax Profit in the First Quarter of 2025

Wed, 30 Apr 2025 07:26:00 -0400

Road Town, British Virgin Islands--(Newsfile Corp. - April 30, 2025) - Black Banx today announced a first-quarter 2025 profit before tax of USD 1.6 billion, more than doubling the USD 639 million reported in Q1 2024. The Group also posted record quarterly revenues of USD 4.3 billion, driven by sustained client growth, higher platform activity, and further operational efficiencies powered by artificial intelligence. The cost/income ratio improved to 63%, compared to 69% in Q1 2024 and 68% at...

Black Banx Reports First Nine Months of 2024 Profit Before Tax USD 2.3 Billion

Wed, 30 Oct 2024 09:38:00 -0400

Road Town, British Virgin Islands--(Newsfile Corp. - October 30, 2024) - Black Banx announced a profit before tax of USD 892 million for the third quarter of 2024, or a combined profit of USD 2.3 billion for the first nine months of 2024.Black BanxTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10055/228155_7d24f233a41afb8c_001full.jpgFor the first nine months of 2024, profit before tax was USD 2.3 billion, compared to profit before tax of USD...

Black Banx Reports USD 639 Million Pre-Tax Profit and USD 2.1 Billion Revenue in the First Quarter of 2024

Mon, 29 Apr 2024 10:51:00 -0400

Toronto, Ontario--(Newsfile Corp. - April 29, 2024) - Black Banx today announced a first-quarter 2024 profit before tax of $639 million. Results were positively impacted by higher revenues of $1.6 billion generated by the implementation of fixed monthly account maintenance fees for its 45 million customers. Black Banx's target ratios improved compared to 2023. The cost/income ratio improved to 69%, from 87% in the prior year.The group generated net revenues of $2.1 billion, up 268% in comparison...

Black Banx Announces Continued Expansion and Innovation in Global Fintech Landscape

Mon, 25 Mar 2024 09:23:00 -0400

London, United Kingdom--(Newsfile Corp. - March 25, 2024) - Black Banx, a leading global digital banking platform, announces its continued commitment to expanding its services and driving innovation in the fintech industry. This announcement comes amidst a backdrop of significant growth for the global fintech sector, fueled by strong customer demand and the desire for increased financial inclusion.CEO of Black Banx, Michael GastauerTo view an enhanced version of this graphic, please...

Black Banx Reports Continued Growth and Expansion Plans for the Middle East and Africa

Mon, 04 Mar 2024 21:22:00 -0500

Toronto, Ontario--(Newsfile Corp. - March 4, 2024) - Black Banx Group, a leading global digital banking platform, today announced continued growth and expansion plans for the Middle East and Africa (MEA) region.Black Banx GroupTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10055/200328_blackbanx.jpgThis announcement follows a record-breaking year for Black Banx, surpassing 39 million customers and achieving a pre-tax profit of US$239 million and...

Black Banx Reports 2023: USD 2.3 Billion Revenue, USD 289 Million Pre-tax Profit

Sun, 28 Jan 2024 11:22:00 -0500

Toronto, Ontario--(Newsfile Corp. - January 28, 2024) - In 2023, Black Banx Group generated a total of $2.3 billion in revenue and increased its annual pre-tax profit to $289 million. The 2023 results reflect a 109% year-on-year increase on revenue, 62% increase on pre-tax profit and a 95% increase of total number of customers to 39 million, over 2022.Black Banx GroupTo view an enhanced version of this graphic, please...