Stanbic Bank has reported a KES 9.38 billion profit after tax in the nine months to September 30, 2025. This is a 7.5% decline in profitability as compared to Ksh. 10.1 billion reported in a similar period last year.
The decline in profitability was on the back of a 24.5% decline in the non-interest income to Ksh. 7.8 Billion. This was due to While the net interest income rose by 8% to Ksh. 20.5 Billion due to solid growth from core lending and interest-earning assets.
On the other hand, Stanbic bank’s operating expenses rose by 0.87%r to KSh 15.431 billion, influenced by increased investment in staff and technology.
Loan loss provisions declined by 6.58% to KSh 2.505 billion, reflecting an improvement in asset quality. This was underscored by an 8.25% decrease in gross non-performing loans (NPLs) to KSh 22.760 billion, indicating continued clean-up efforts across key lending segments.
The loan book expanded by 15.72% to KSh 253.144 billion, while customer deposits rose 4.88% to KSh 343.854 billion. Total assets increased by 2.95% to KSh 476.207 billion, and shareholder equity strengthened by 7.11% to KSh 65.905 billion.
The cumulative effect of these results was a decline in Stanbic Bank’s earnings per share (EPS) to KSh 55.01, down from KSh 59.46 in the same period last year.
Stanbic key financial metrics
| Metric | Value (Ksh.) | YoY Change | Interpretation |
| Profit After Tax (PAT) | 9.4 Billion | ▼ -7.5% | Declined, indicating a squeeze on the bottom line despite revenue growth. |
| Earnings Per Share (EPS) | 55.01 | ▼ -7.5% | Declined in line with PAT. |
| Non-interest Income (NII) | 7.8 Billion | ▼ -24.5% | Significant drop, which is the primary driver of the PAT decline. This often includes Forex income, fees, and commissions. |
| Net Interest Income (NII) | 20.5 Billion | ▲ +8% | Solid growth from core lending and interest-earning assets. |
| Loans | 253.1 Billion | ▲ +15.7% | Strong growth in the loan book, suggesting increased lending activity. |
| Deposits | 343.9 Billion | ▲ +4.8% | Moderate growth, but slower than loan growth. |
| Assets | 476.2 Billion | ▲ +3% | Moderate balance sheet expansion. |
| Non-Performing Loans (NPLs) | 22.8 Billion | ▼ -8% | Improved asset quality, indicating better loan recovery or healthier book compared to the previous year. |
| Loan Loss Provisions (LLP) | 2.5 Billion | ▼ -6.6% | Lower provisions, which typically boosts PAT, but was not enough to offset the non-interest income drop. |