Monday, March 23, 2026

STANBIC LIFTS DIVIDEND 20 PCT AS PROFIT HITS USHS591B

Kampala, March 23, 2026 — Stanbic Uganda Holdings Limited has increased its total dividend payout by 20% to UShs 360 billion, up from UShs 300 billion in 2024, after delivering strong earnings growth for the year ended December 2025.

The payout includes an interim dividend of UShs 2.73 per share and a proposed final dividend of UShs 4.30 per share, bringing total shareholder returns for the year into focus.

Profit after tax rose 23.6% to UShs 591 billion, compared to UShs 478 billion the previous year, driven by growth in both interest income and non-interest revenue.

Total income increased to UShs 1.44 trillion, from UShs 1.30 trillion in 2024. Net interest income rose to UShs 788 billion from UShs 760 billion, while non-interest revenue climbed sharply to UShs 651 billion, up from UShs 538 billion.

The balance sheet also expanded, with total assets growing 10.9% to UShs 11.5 trillion, from UShs 10.4 trillion. Customer deposits increased 12.9% to UShs 8.0 trillion, compared to UShs 7.1 trillion, while loans and advances rose 16.4% to UShs 5.1 trillion, from UShs 4.37 trillion.

Profitability remained strong, with return on equity improving to 26.8% from 24.3%, while the cost-to-income ratio edged down to 47.1% from 47.2%. Asset quality remained stable, with non-performing loans at 1.7%, up slightly from 1.5%.

Group Chief Executive Francis Karuhanga said the results reflect disciplined execution and a diversified income base, while CEO Mumba Kalifungwa highlighted continued growth in digital and transactional banking.

Stanbic Uganda Holdings – Financial Summary

Metric20252024Change
Total IncomeUShs 1.44 trillionUShs 1.30 trillion+11%
Net Interest IncomeUShs 788 bnUShs 760 bn+3.7%
Non-Interest RevenueUShs 651 bnUShs 538 bn+21%
Profit After TaxUShs 591 bnUShs 478 bn+23.6%
Earnings Per Share (EPS)UShs 11.54UShs 9.34+23.6%
Total AssetsUShs 11.5 trillionUShs 10.4 trillion+10.9%
Customer DepositsUShs 8.0 trillionUShs 7.1 trillion+12.9%
Loans & AdvancesUShs 5.1 trillionUShs 4.37 trillion+16.4%
Return on Equity (ROE)26.8%24.3%+2.5pp
Cost-to-Income Ratio47.1%47.2%Improved
Non-Performing Loans (NPL)1.7%1.5%+0.2pp
Dividend Per Share (Total)UShs 7.03*
Total DividendUShs 360 bnUShs 300 bn+20%

*Interim (UShs 2.73) + Final (UShs 4.30)

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