Skip to content
The African Exponent DATA
Resources

Review pending. Every figure has been checked against its cited source page in an AI-assisted source verification (7 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review

Stanbic Holdings

SBIC · Nairobi Securities Exchange · Incorporated in Kenya · Consolidated statements

On this page
Company details
Legal name
Stanbic Holdings Plc
Incorporated in
Kenya
Listing
SBIC on the Nairobi Securities Exchange, active · ISIN KE0000000091 (observed 2026-10-07)
Sector
Banking (our classification from the stated principal activity)
Activity
Banking, bancassurance intermediation, asset management and stock brokerage in Kenya and South Sudan.
Financial year ends
31 December

Overview

Year ended 31 December 2025 · annual report, signed / final · source

  • Net interest income

    KES 24.1 billion

    24,084 KES millions · p76

    −1.0% vs 2024

    Interest income less interest expense, as printed.

  • Total income

    KES 38.5 billion

    38,511 KES millions · p76

    −3.1% vs 2024

    The bank's own total of its income lines before credit impairment and operating expenses, under its printed label. What it includes differs between banks; it is not revenue.

  • Profit / (loss) for the year

    KES 13.7 billion

    13,718 KES millions · p76

    +0.0% vs 2024

  • Total assets

    KES 541 billion

    541,253 KES millions · p77

    +19.0% vs 2024

  • Customer deposits

    KES 374 billion

    373,725 KES millions · p77

    +17.5% vs 2024

  • Total equity

    KES 80.1 billion

    80,149 KES millions · p77

    +6.3% vs 2024

Large amounts are rounded for reading (KES million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.

Financial statements

Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in KES millions unless the row says otherwise; brackets are negative.

† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table

Column sources

  • FY2025 — annual report, signed / final; reported for the year · source
  • FY2024 — annual report, signed / final; comparative in the FY2025 filing · source
  • FY2023 — audited financial statements, signed / final; comparative in the FY2024 filing · source

Income statement

Income statement, KES millions. Columns: FY2025 — annual report (signed / final), as reported for the year; FY2024 — annual report (signed / final), comparative reported in the annual report for 2025; FY2023 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2024.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filingFY2023Audited financial statementscomparative in FY2024 filing
Interest income 37,214 48,165 37,942
Interest expense (13,130) (23,828) (12,294)
Net interest income 24,084 24,337 25,648
Fees and commission revenue 6,778 6,042 6,670
Fees and commission expense (1,271) (1,069) (1,032)
Net fees and commission income 5,507 4,973 5,638
Trading revenue 7,608 7,502 10,247
Net gain from financial instruments at fair value through profit or loss12 1,006 2,849 (92)
Other gains/(losses) on financial instruments34 26 (32) (277)
Other income 280 114 153
Trading and other income5 8,920 10,433 10,031
Total income 38,511 39,743 41,317
Credit impairment losses (1,628) (3,099) (6,236)
Net income before operating expenses6 36,883 36,644 35,081
Employee benefits expense (9,147) (9,135) (8,656)
Depreciation and amortisation expense7 (781) (707) (622)
Depreciation on right‑of use assets89 (317) (324) (336)
Other operating expenses (7,698) (7,497) (8,367)
Finance costs (14) (10) (6)
Total operating expenses (17,957) (17,673) (17,987)
Profit before income tax 18,926 18,971 17,094
Income tax expense (5,208) (5,255) (4,936)
Profit for the year 13,718 13,716 12,158
Total other comprehensive income for the year, net of income tax 7 (529) (367)
Total comprehensive income for the year 13,725 13,187 11,791
Notes and alternative reported figures (9)
  1. “Net gain from financial instruments at fair value through profit or loss” is an issuer-specific line, not mapped to a shared definition: Note 11(a).
  2. Printed under different labels across filings: “Net gain from financial instruments at fair value through profit or loss”; “Net gain/ (loss) from financial instruments at fair value through profit or loss”.
  3. “Other gains/(losses) on financial instruments” is an issuer-specific line, not mapped to a shared definition: Note 11(b).
  4. Printed under different labels across filings: “Other gains/(losses) on financial instruments”; “Other losses on financial instruments”.
  5. “Trading and other income” is an issuer-specific line, not mapped to a shared definition: Trading revenue, the two financial-instrument lines and other income (fees are separate).
  6. “Net income before operating expenses” is an issuer-specific line, not mapped to a shared definition: Total income after credit impairment losses.
  7. “Depreciation and amortisation expense” is an issuer-specific line, not mapped to a shared definition: Notes 26, 27 and 28 (property and equipment, leasehold land, intangibles).
  8. “Depreciation on right‑of use assets” is an issuer-specific line, not mapped to a shared definition: Note 30.
  9. Printed under different labels across filings: “Depreciation on right-of use assets”; “Depreciation on right‑of use assets”.

Balance sheet

Balance sheet, KES millions. Columns: FY2025 — annual report (signed / final), as reported for the year; FY2024 — annual report (signed / final), comparative reported in the annual report for 2025; FY2023 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2024.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filingFY2023Audited financial statementscomparative in FY2024 filing
Cash and balances with central banks 30,116 24,677 25,503
Financial assets – (FVTPL)1 56,043 54,649 2,898
Financial assets – (FVOCI)2 33,167 15,462 19,892
Financial assets – (amortised cost)3 18,866 29,079 22,555
Derivative assets 674 2,095 2,250
Current tax asset 1,334 1,461 –4
Loans and advances to banks 93,610 64,486 95,705
Loans and advances to customers 272,919 230,218 260,509
Other assets and prepayments 11,440 10,449 7,608
Investment in subsidiaries & other investments56 18 18 18
Property and equipment 2,376 2,231 2,078
Right‑of‑use assets (buildings)7 1,586 693 858
Right‑of‑use assets (leasehold land)89 27 30 33
Other intangible assets 898 993 740
Intangible assets ‑ goodwill1011 9,350 9,350 9,350
Deferred tax asset 8,829 8,943 9,287
Total assets 541,253 454,834 459,284
Derivative liabilities 1,161 2,746 2,570
Financial liabilities – FVTPL1213 16,036 16,322 14,071
Current tax liability 99 20 2,192
Deposits from banks 44,884 20,819 26,004
Deposits from customers 373,725 318,193 321,234
Borrowings 13,025 10,482 12,713
Other liabilities and accrued expenses 10,669 10,140 10,939
Lease liabilities14 1,505 712 1,007
Total liabilities 461,104 379,434 390,730
Ordinary share capital 1,977 1,977 1,977
Ordinary share premium 16,897 16,897 16,897
Other reserves15 (1,011) (642) (1,065)
Retained earnings 62,286 57,168 50,745
Total shareholders' equity 80,149 75,400 68,554
Total equity and liabilities 541,253 454,834 459,284
  1. Printed “-”, read as nil: subtotal_arithmetic: bs.total_assets.
Notes and alternative reported figures (14)
  1. Printed under different labels across filings: “Financial assets - (FVTPL)”; “Financial assets – (FVTPL)”.
  2. Printed under different labels across filings: “Financial assets - (FVOCI)”; “Financial assets – (FVOCI)”.
  3. Printed under different labels across filings: “Financial assets - (amortised cost)”; “Financial assets – (amortised cost)”.
  4. “Investment in subsidiaries & other investments” is an issuer-specific line, not mapped to a shared definition: Note 25 (Group: other investments).
  5. Printed under different labels across filings: “Investment in subsidiaries & other investments”; “Investment in subsidiaries and other investments”.
  6. Printed under different labels across filings: “Right-of-use assets (buildings)”; “Right‑of‑use assets (buildings)”.
  7. “Right‑of‑use assets (leasehold land)” is an issuer-specific line, not mapped to a shared definition: Note 27.
  8. Printed under different labels across filings: “Right-of-use assets (leasehold land)”; “Right‑of‑use assets (leasehold land)”.
  9. “Intangible assets ‑ goodwill” is an issuer-specific line, not mapped to a shared definition: Note 29.
  10. Printed under different labels across filings: “Intangible assets ‑ goodwill”; “Intangible assets-goodwill”.
  11. “Financial liabilities – FVTPL” is an issuer-specific line, not mapped to a shared definition: Note 20(b).
  12. Printed under different labels across filings: “Financial liabilities - FVTPL”; “Financial liabilities – FVTPL”.
  13. “Lease liabilities” is an issuer-specific line, not mapped to a shared definition: Note 31; not split into current and non-current.
  14. “Other reserves” is an issuer-specific line, not mapped to a shared definition: Note 44: statutory credit risk, fair value, revaluation and translation reserves.

Cash flow

Cash flow, KES millions. Columns: FY2025 — annual report (signed / final), as reported for the year; FY2024 — annual report (signed / final), comparative reported in the annual report for 2025; FY2023 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2024.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filingFY2023Audited financial statementscomparative in FY2024 filing
Cash flows from operating activities1 (2,027) (492) 3,956
Interest received 36,145 43,267 36,277
Interest paid2 (13,066) (24,633) (13,860)
Income tax paid (4,887) (8,723) (6,173)
Cash flows from operating activities before Changes in operating assets and liabilities34 16,165 9,419 20,200
Net change in loans and advances to customers5 (43,397) 31,653 (31,966)
Net change in financial assets – FVOCI6 (17,024) (6,972) 10,024
Net change in financial assets – FVTPL7 (1,382) (52,159) (1,633)
Net change in other assets and prepayments8 (992) (2,841) (1,507)
Net change in deposits from banks9 23,356 (4,119) (13,931)
Net change in other liabilities and accrued expenses10 529 (799) 40
Net change in deposits from customers11 55,532 (2,204) 49,670
Net change in financial liabilities – FVTPL12 (286) 2,251 6,070
Net cash generated from /(used in) operating activities13 32,501 (25,771)14 33,271
Acquisition of financial assets – at amortised cost1516 (3,039) (16,276) –17
Proceeds from financial assets – at amortised cost1819 13,314 9,752 3,734
Additions to property and equipment (610) (674) (615)
Additions to intangible assets (220) (505) (122)
Proceeds from sale of property and equipment 3 24 15
Net cash generated from/ (used in) investing activities20 9,448 (7,679)21 3,012
Dividends paid (8,976) (6,341) (5,435)
Proceeds from subordinate borrowings 2,586 Not reported in this filing22 Not reported in this filing23
Payment of lease liabilities24 (407) (415) (476)
Net cash used in financing activities (6,797) (6,756) (5,911)
Net increase/(decrease) in cash and cash equivalents25 35,152 (40,206)26 30,372
Effect of exchange rate changes (584) (2,919) 2,483
Cash and cash equivalents at start of year 76,236 119,36127 69,189
Cash and cash equivalents at end of year 110,804 76,23628 102,044
Net change in cash reserve requirements29 Not reported in this filing30 Not reported in this filing3031 (3,696)
Net change in financial assets – at amortised cost32 Not reported in this filing33 Not reported in this filing3334 3,734
  1. Printed “-”, read as nil: subtotal_arithmetic: cf.native.co_j8w6gyh52exy.net_change_amortised_cost_assets.
  2. Printed “( 7,679 )”; read as (7,679).
Notes and alternative reported figures (32)
  1. “Cash flows from operating activities” is an issuer-specific line, not mapped to a shared definition: Printed on the line of the bold heading 'Cash flows from operating activities' with note 39(a): profit before tax adjusted for non-cash items, before interest received and paid and tax (see the page image).
  2. “Interest paid” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  3. “Cash flows from operating activities before Changes in operating assets and liabilities” is an issuer-specific line, not mapped to a shared definition: As printed.
  4. Printed under different labels across filings: “Cash flows from operating activities before Changes in operating assets and liabilities”; “Cash flows from operating activities before changes in operating assets and liabilities”.
  5. “Net change in loans and advances to customers” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  6. “Net change in financial assets – FVOCI” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  7. “Net change in financial assets – FVTPL” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  8. “Net change in other assets and prepayments” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  9. “Net change in deposits from banks” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  10. “Net change in other liabilities and accrued expenses” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  11. “Net change in deposits from customers” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  12. “Net change in financial liabilities – FVTPL” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  13. Printed under different labels across filings: “Net cash (used in)/ generated from operating activities”; “Net cash generated from /(used in) operating activities”.
  14. Audited financial statements dated 2025-03-04 prints (23,614) (millions, p21) for this line and year.
  15. “Acquisition of financial assets – at amortised cost” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  16. Printed under different labels across filings: “Acquisition”; “Acquisition of financial assets – at amortised cost”.
  17. “Proceeds from financial assets – at amortised cost” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  18. Printed under different labels across filings: “Proceeds from financial assets – at amortised cost”; “Proceeds from sales”.
  19. Printed under different labels across filings: “Net cash (used in)/ generated from investing activities”; “Net cash generated from/ (used in) investing activities”.
  20. Not reported in this filing: The 2024 cell prints a non-breaking hyphen ('‑', U+2011), a dash in this report's typesetting (PDF p78); not recorded as an amount.
  21. Not reported in this filing: Not printed: the statement of cash flows of this filing (PDF p21) has no 'Proceeds from borrowings' line for this column.
  22. “Payment of lease liabilities” is an issuer-specific line, not mapped to a shared definition: Note 31; financing activities.
  23. Printed under different labels across filings: “Net (decrease)/ increase in cash and cash equivalents”; “Net increase/(decrease) in cash and cash equivalents”.
  24. Audited financial statements dated 2025-03-04 prints (38,049) (millions, p21) for this line and year.
  25. Audited financial statements dated 2025-03-04 prints 102,044 (millions, p21) for this line and year.
  26. Audited financial statements dated 2025-03-04 prints 61,076 (millions, p21) for this line and year.
  27. “Net change in cash reserve requirements” is an issuer-specific line, not mapped to a shared definition: Operating activities (as first reported).
  28. Not reported in this filing: Not printed: the statement of cash flows of this filing (PDF p78) has no 'Net change in cash reserve requirements' line for this column.
  29. Audited financial statements dated 2025-03-04 presents this line for this year: 2,157 (p21). Not shown in this column, which follows one filing's presentation.
  30. “Net change in financial assets – at amortised cost” is an issuer-specific line, not mapped to a shared definition: Investing activities: acquisitions less proceeds, printed with its two components.
  31. Not reported in this filing: Not printed: the statement of cash flows of this filing (PDF p78) has no 'Net change in financial assets – at amortised cost' line for this column.
  32. Audited financial statements dated 2025-03-04 presents this line for this year: (6,524) (p21). Not shown in this column, which follows one filing's presentation.

Per share and shares

Per share and shares. Columns: FY2025 — annual report (signed / final), as reported for the year; FY2024 — annual report (signed / final), comparative reported in the annual report for 2025; FY2023 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2024.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filingFY2023Audited financial statementscomparative in FY2024 filing
Earnings / (loss) per share (per share)1 34.70 34.70 30.75
Weighted average shares (shares)32 395 million 395 million 395 million
Notes and alternative reported figures (3)
  1. Earnings / (loss) per share: printed as “Basic and diluted (KShs per share)”.
  2. Printed under different labels across filings: “Number of shares (weighted average for basic earnings per share, millions)”; “Weighted average number of ordinary shares for the purpose of basic earnings per share (in millions)”.
  3. Weighted average shares: printed as “Weighted average number of ordinary shares for the purpose of basic earnings per share (in millions)”.

Segments

Segment data not yet collected for this company in the pilot.

Dividends

Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.

Dividend events, the issuer's wording, and amounts as printed
Year endedEventWording as printedAmountUnitSource
31 Dec 2025 Dividend recommended, subject to shareholder approval a final dividend in respect of the year ended 31 December 2025 of KShs 18.55. (2024: KShs 18.90) per share amounting to a total of KShs 7,333,216,385 no amount Annual report, p112
31 Dec 2025 Dividend proposed per share, as printed in a statement Final dividend proposed for the year, per share 18.55 KES per share Annual report, p112
31 Dec 2025 Dividends paid (cash flow statement) Dividends paid (8,976) KES millions Annual report, p78
31 Dec 2024 Dividend recommended, subject to shareholder approval a final dividend in respect of the year ended 31 December 2024 of KShs KShs 18.90. (2023: KShs 14.20) per share amounting to a total of KShs 7,471,578,958 no amount Audited financial statements, p117
31 Dec 2024 Dividend proposed per share, as printed in a statement Final dividend proposed for the year, per share 18.90 KES per share Annual report, p112
31 Dec 2024 Dividend proposed per share, as printed in a statement Final dividend proposed for the year, per share 18.90 KES per share Audited financial statements, p117
31 Dec 2024 Dividends paid (cash flow statement) Dividends paid (6,341) KES millions Annual report, p78
31 Dec 2023 Dividend proposed per share, as printed in a statement Final dividend proposed for the year, per share 14.20 KES per share Audited financial statements, p117
31 Dec 2023 Dividends paid (cash flow statement) Dividends paid (5,435) KES millions Audited financial statements, p21

Sources

Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.

  • Stanbic Holdings Plc Annual Integrated Report for the year ended 31 December 2025

    Year ended 31 December 2025 · Annual report · signed / final

    Audit: Deloitte & Touche LLP (Kenya), unmodified opinion · signed

    Auditor's sign-off: Deloitte & Touche LLP; engagement partner CPA Fredrick Okwiri (Practising certificate No. 1699)

    Final status: Auditor's report signed by CPA Fredrick Okwiri for Deloitte & Touche LLP and dated 10 March 2026 (PDF p75, page image); statements approved by the board on 10 March 2026 and signed by the chairman, chief executive and a director (PDF p77, page image).

    Document date
    10 Mar 2026
    Auditor's report
    10 Mar 2026
    Board approval
    10 Mar 2026
    Retrieved by us
    7 Oct 2026 (not a publication date)
    Used for
    statement columns FY2025, FY2024
    Basis
    consolidated statements · KES millions (printed “KShs. Million”)
    • Note 2.24: the 2024 statement of cash flows is restated to include mandatory reserve deposits with the Central Bank of Kenya and the Bank of South Sudan in cash and cash equivalents. The 2024 column is headed '2024*'.
    • The 2024 investing total is printed '( 7,679 )' with spaces inside the brackets and is read as (7,679). 'Net change in cash reserve requirements' prints dashes in all columns and is not transcribed. The statement of other comprehensive income's component lines are interleaved in the text layer; only its totals are transcribed.
    • The first operating cash-flow amount (2025: (2,027); 2024: (492); note 39(a)) is printed on the line of the bold heading 'Cash flows from operating activities'; it is recorded with that label.
    • Interim dividend KShs 3.80 per share paid in 2025 (2024: 1.84); proposed final KShs 18.55 (2024: 18.90) (note 18).
    Technical details
    File
    143 pages, with a text layer
    SHA-256
    f2925976fd7d8b5eabfc91798b6b2f453dc06a422b24bdccf3b6ba99caaa0595
    Entity as printed
    Stanbic Holdings Plc (the Company) and its subsidiaries (the Group)
    Issuer copy
    retrieved 2026-10-07T18:22:31Z · curl

  • Stanbic Holdings Plc Annual Report and Financial Statements For the year ended 31 December 2024

    Year ended 31 December 2024 · Audited financial statements · signed / final

    Audit: Deloitte & Touche LLP (Kenya), unmodified opinion · signed

    Auditor's sign-off: Deloitte & Touche LLP; engagement partner CPA Charles Munkonge Luo (Practising certificate No. 2294)

    Final status: Auditor's report signed 'Charles Luo' for Deloitte & Touche LLP (engagement partner CPA Charles Munkonge Luo), the date handwritten as '4 March 2025' (PDF p14, scanned, page image); statements approved by the board on 04 March 2025 and signed by the chairman, chief executive and a director (PDF p17, scanned, page image).

    Document date
    4 Mar 2025
    Auditor's report
    4 Mar 2025
    Board approval
    4 Mar 2025
    Retrieved by us
    7 Oct 2026 (not a publication date)
    Used for
    statement columns FY2023
    Basis
    consolidated statements · KES millions (printed “KShs. Million”)
    • This report's 2024 cash flow (closing cash 61,076; net cash used in operating activities (23,614)) is restated in the 2025 report (76,236; (25,771)) to include mandatory reserve deposits in cash (note 2.24 of the 2025 report). Here the 2023 column is headed '2023*' ('reclassified', note 2.24).
    • The statement of financial position and the auditor's report are scanned pages without a text layer; they are read with OCR and checked on the page images. OCR runs the retained-earnings and other-reserves rows together; the amounts are taken from the image.
    • Interim dividend KShs 1.84 per share (2023: 1.15); proposed final KShs 18.90 (2023: 14.20) (note 18).
    Technical details
    File
    177 pages, with a text layer
    SHA-256
    003e7e17cf02151fd826ee7e68c17143480995802024ba4fbb641d7e7c58f0ea
    Entity as printed
    Stanbic Holdings Plc (the Company) and its subsidiaries (the Group)
    Issuer copy
    retrieved 2026-10-07T18:54:07Z · curl

Data notes

  • Net cash generated from/ (used in) investing activities — Printed '( 7,679 )'; read as '(7,679)'. Printed with spaces inside the brackets: '( 7,679 )'. (Stanbic Holdings Plc Annual Integrated Report for the year ended 31 December 2025, p78)

Review status: every figure has been checked against its cited source page in an AI-assisted source verification (7 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.

Download

Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.

Kenya country page · Company methodology and coverage