Diamond Trust Bank (DTB) Kenya has reported a 9.9% increase in after-tax profit for the six months ended June 2025, driven by strong growth in net interest income despite a lower interest rate environment.
The lender posted a net profit of KES 4.77 billion, up from KES 4.34 billion in the same period last year. Net interest income rose 11.77% to KES 15.86 billion, supported by increased lending activity.
Key Performance Highlights (H1 2025 vs H1 2024)
| Metric | Jun 30, 2025 | Jun 30, 2024 | YoY Change |
|---|---|---|---|
| Net Interest Income | KES 15.86B | KES 14.19B | +11.77% |
| Non-Interest Income | KES 6.07B | KES 6.39B | -5.06% |
| Operating Income | KES 21.93B | KES 20.58B | +6.56% |
| Loan Loss Provisions | KES 3.20B | KES 3.57B | -10.36% |
| Operating Expenses | KES 11.50B | KES 10.60B | +8.49% |
| Profit Before Tax (PBT) | KES 7.18B | KES 5.96B | +20.46% |
| Profit After Tax (PAT) | KES 4.77B | KES 4.34B | +9.91% |
| Earnings per Share (EPS) | 17.04 | 15.54 | +9.65% |
| Total Assets | KES 611.50B | KES 585.20B | +4.50% |
| Loans and Advances | KES 288.46B | KES 267.86B | +7.70% |
| Customer Deposits | KES 483.17B | KES 431.90B | +11.87% |
| Gross NPLs | KES 40.60B | KES 38.60B | +5.18% |
Navigating a Lower Rate Regime
DTB’s lending income rose to KES 16.13 billion, defying the Central Bank of Kenya’s (CBK) rate cuts. The CBK has trimmed the benchmark rate from 13% in early 2024 to 9.5% in August 2025, prompting commercial banks to lower lending rates.
Despite this, DTB expanded its loan book by 7.7% to KES 288.46 billion, reflecting increased credit uptake. However, income from government securities fell to KES 12.02 billion, down from KES 12.72 billion, as Treasury yields declined—91-day T-bill rates dropped from 16% in January 2024 to 8% in July 2025.
Balance Sheet Strength
Customer deposits surged 11.87% to KES 483.17 billion, while total assets grew 4.5% to KES 611.5 billion. Operating expenses rose 8.49%, reflecting inflationary pressures and strategic investments.
