KAMPALA — Shareholders of Stanbic Uganda Holdings Limited are set to receive a dividend payout of Shs360 billion following a strong financial performance for the year ended December 31, 2025.
The Group reported a 23.6 percent rise in net profit to Shs591 billion, up from Shs478 billion in 2024, driven by steady revenue growth and tight cost management.
Outgoing Chief Executive Francis Karuhanga said the results reflect the strength of the bank’s long-term strategy and resilience of its operations.
“Our robust earnings of Shs591 billion and a return on equity of 26.8 percent reflect the strength of our strategy, the resilience of our franchise, and our unwavering focus on delivering long-term shareholder value,” Karuhanga said.
The results also mark a leadership transition within the Group, with Karuhanga closing his tenure on a high note, while Mumba Kalifungwa completed his first year as Chief Executive of Stanbic Bank Uganda, the Group’s main subsidiary.
Strong growth across key indicators
Stanbic recorded an 11 percent increase in revenue to Shs1.4 trillion, in line with its medium-term targets. The Group also improved efficiency, with its cost-to-income ratio dropping to 47.1 percent.
Return on equity rose to 26.8 percent, well above the Group’s 20 percent benchmark, highlighting strong value creation for investors. The company’s share price has also climbed 89 percent over the past three years to close at Shs60 by the end of 2025.
The performance was supported by a relatively stable economic environment, with Uganda’s economy growing by 6.3 percent in 2025, alongside low inflation and a stronger shilling.
Bank subsidiary drives performance
Stanbic Bank Uganda remained the key driver of the Group’s performance, posting strong growth in both deposits and lending.
Customer deposits rose 13 percent to Shs8 trillion, reflecting sustained public confidence, while net loans and advances increased by 16.4 percent to Shs5.1 trillion, supporting business activity across various sectors.
Kalifungwa attributed the performance to teamwork and customer trust. “This performance reflects the collective effort of our people, the trust of our clients, and the strength of our partnerships. I am encouraged by the momentum we have built and confident in our ability to sustain it,” he said.
Strong balance sheet and risk management
Chief Financial Officer Ronald Makata said the Group maintained strong financial fundamentals, with capital adequacy at 23 percent—well above the regulatory minimum.
Asset quality remained solid, with the non-performing loan ratio at 1.7 percent, while liquidity levels stayed robust, positioning the bank to withstand potential economic shocks.
“Our balance sheet strength and disciplined risk management continue to position us for sustainable growth, while providing resilience in an evolving operating environment,” Makata said.
Focus on long-term impact
Looking ahead, Stanbic said it will continue to focus on inclusive growth through its “Positive Impact” agenda, targeting financial inclusion, enterprise development, infrastructure financing, and climate resilience.
“Our Positive Impact agenda is a clear expression of our purpose—Uganda is our home, and we are committed to driving her growth in a way that is inclusive, sustainable, and far-reaching,” Kalifungwa said.
The Group is also preparing to mark 35 years of operations in Uganda in 2026, reinforcing its long-standing role in the country’s financial sector.