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Originally published by The Kenyan Wall Street
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business
August 18, 2025
4h ago

Stanbic Uganda H1 Profit Rises 18% to UGX 278.4Bn, Maintains Interim Dividend

Stanbic Uganda H1 Profit Rises 18% to UGX 278.4Bn, Maintains Interim Dividend

Stanbic Uganda’s H1 2025 profit rose 18% to UShs 278B as deposits grew 29% and assets hit UShs 11.8T. Dividend held at UShs 2.73 per share...

✨ Key Highlights

Stanbic Uganda reported an 18.2% rise in net profits to UShs 278.4 billion in the first half of 2025, up from UShs 235.5 billion in June 2024. The bank maintained its interim dividend, reflecting strong financial performance.

  • Profit after tax increased by 18.18%, driven by a 7.5% increase in total income, reaching UShs 685.2 billion.
  • Stanbic Uganda, the largest lender by asset base and market capitalization, declared an interim dividend of UShs 2.73 per share, unchanged from 2024, totaling a payout of UShs 140 billion.
  • Credit impairments significantly decreased by nearly half to UShs 7.3 billion, and the non-performing loan ratio declined to 1.3% from 1.6% in June 2024, indicating improved asset quality.

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