Stanbic digs deep to lift dividend as profit remain flat at Sh13Bn
Dr. Joshua Oigara, CEO, Stanbic Holdings Plc says in 2025, the bank increased its share of diaspora remittance flows from 7 percent to 13 percent, becoming the preferred outlet for Kenyans abroad. (Photo/The Standard)
Stanbic Bank closed fiscal year ended December 2025 with net earnings flat at KES13.7 billion, same as 2024. However, in a sign of underlying strong performance, the board has proposed the payment of a final dividend of KES18.55 per share, bringing the year's shareholder pay out to KES22.35 per unit, a 7.3 percent jump year-on-year.
While the regional lenders total assets grew by 19 percent to KES541.3 billion, the bank saw its operating income dip by 3 percent to KES38.5 billion.
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In a period marked by 225 cumulative basis point cut in the Central Bank of Kenya key lending rate, Stanbic Bank recorded 18.5 percent rise in loans and advances to customers, totalling KES 272.9 billion.
The lender disbursed over KES4.5 billion in green building loans and KES273 million in credit to finance solar energy projects. Additionally, it channelled KES133 billion into trade loans while also directing 9.9 percent of its credit portfolio to borrowers in the agricultural sector.
On the liability side, Stanbic said customer deposits grew by 17.5 percent to KES373.7 billion, signalling strong market confidence.
"Our performance, defined by strategic adaptation and deepened partnerships, underscores the strength of our 'reset strategy.' We are proud to have increased our share of diaspora remittance flows from 7 percent to 13 percent, becoming the preferred outlet for Kenyans abroad," Dr. Joshua Oigara, CEO, Stanbic Holdings Plc, said.
Additionally, the lender's assets under management posted exponential growth, rising to KES5.3 billion in 2025 from KES2.45 billion recorded in 2024.
"Our financial architecture is now more efficient. Simultaneously, our asset quality improved markedly; our non-performing loan ratio saw a significant decline compared to FY 2024, reflecting our prudent risk management and a healthier economic environment for our customers," said Mr. Dennis Musau, Chief Financial and Value Officer.
Last year, the Group through its parent entity, Standard Bank, successfully arranged a US$1.5 billion Eurobond to support Kenya’s liquidity management. The Bank also invested US$450 million in the energy sector to facilitate fuel import financing.
