Stanbic Bank Kenya has reported a profit after tax of KES 9.38 billion for the nine months ended 30 September 2025.
While this marks a 7.5% year-on-year decline, the bank maintained strong fundamentals amid a challenging macroeconomic environment, driven by interest rate compression and reduced foreign exchange margins.
Despite the dip in profitability, Stanbic’s balance sheet remained resilient, with customer loans growing by 16% to KES 253 billion and customer deposits rising by 5% to KES 344 billion, reflecting continued customer confidence and strategic execution.
Stanbic Bank Q3 2025 Financial Summary
| Metric | Q3 2025 (KES Bn) | YoY Change (%) |
|---|---|---|
| Profit After Tax | 9.38 | –7.5% |
| Customer Loans | 253.0 | +16% |
| Customer Deposits | 344.0 | +5% |
| Net Interest Income | 20.5 | +8% |
| Non-Interest Income (Share of Revenue) | ↓ | –8% |
| NPL Ratio | 8.4% | vs. industry avg. 17.1% |
| Credit Loss Ratio (CLR) | 1.11% | Healthy |
| Financial Investments | 100.4 | +31.8% |
| Trade Loans Issued | 94.8 | — |
| Affordable Housing Loans | 1.27 | — |
| Loans to Women (D.A.D.A. Initiative) | 47.6 (since inception) | — |
| Green Building Loans | 4.5 | — |
| Climate-Smart Agriculture Lending | 1.8 | — |
| Solar Financing | 0.0115 | — |
Stanbic Bank CEO Dr. Joshua Oigara emphasised the bank’s long-term strategy, stating:
“Our Q3 performance reflects the strength of our franchise and the confidence our customers place in us. With robust growth in loans and deposits, we are building the foundations for sustainable earnings as we transform for the future.”
The bank’s KES 476 billion balance sheet was anchored by lending to key sectors such as oil and gas, agriculture, SMEs, and individual borrowers. Notably, Stanbic facilitated a USD 1.5 billion Eurobond transaction for the Government of Kenya, reinforcing its role in sovereign advisory and capital markets.
Chief Financial and Value Officer Dennis Musau added:
“While margin compression has moderated earnings, our strategic position remains solid, anchored in a stable operating environment. Our commitment to elevating our customer experience and creating operational efficiencies continues to deliver value.”
Sustainability and Innovation
Stanbic continued to advance its sustainability agenda with:
- KES 4.5 billion in green building loans
- KES 1.8 billion in climate-smart agriculture financing
- Over KES 11.5 million in solar energy loans
