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Stanbic Uganda Holdings

SBU · Uganda Securities Exchange · Incorporated in Uganda · Consolidated statements

On this page
Company details
Legal name
Stanbic Uganda Holdings Limited
Incorporated in
Uganda
Listing
SBU on the Uganda Securities Exchange, active · ISIN UG0000000386 (observed 2026-10-06)
Sector
Banking (our classification from the stated principal activity)
Activity
Holding company of Stanbic Bank Uganda; commercial banking and related financial services.
Financial year ends
31 December

Overview

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

  • Net interest income

    UGX 788 billion

    788,276,207 UGX thousands · p94

    +3.7% vs 2024

    Interest income less interest expense, as printed.

  • Total income before credit impairment charge

    UGX 1.44 trillion

    1,439,521,451 UGX thousands · p94

    +11.0% 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

    UGX 591 billion

    590,812,625 UGX thousands · p94

    +23.6% vs 2024

  • Total assets

    UGX 11.5 trillion

    11,524,646,375 UGX thousands · p96

    +10.9% vs 2024

  • Customer deposits

    UGX 8.03 trillion

    8,027,470,064 UGX thousands · p96

    +13.0% vs 2024

  • Total equity

    UGX 2.36 trillion

    2,356,271,735 UGX thousands · p96

    +14.7% vs 2024

Large amounts are rounded for reading (UGX 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 UGX thousands 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 — annual report, signed / final; comparative in the FY2024 filing · source

Income statement

Income statement, UGX thousands. 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 — annual report (signed / final), comparative reported in the annual report for 2024.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filingFY2023Annual reportcomparative in FY2024 filing
Interest revenue calculated using the effective interest method 907,644,966 847,956,737 781,926,437
Interest expense calculated using the effective interest method (116,822,656) (86,106,828) (71,000,136)
Other interest and similar expense1 (2,546,103) (2,046,683) (2,032,897)
Net interest income 788,276,207 759,803,226 708,893,404
Fee and commission income 264,477,948 235,708,359 221,166,962
Fee and commission expenses (22,552,069) (19,378,419) (17,116,627)
Net fees and commission income 241,925,879 216,329,940 204,050,335
Net trading income 380,032,570 304,287,307 270,116,145
Other gains on financial instruments2 13,496,935 6,306,324 –3
Other operating income4 15,789,860 10,632,833 11,084,313
Non interest revenue5 651,245,244 537,556,404 485,250,793
Total income before credit impairment charge 1,439,521,451 1,297,359,630 1,194,144,197
Impairment charge for credit losses (18,641,554) (34,012,819) (69,453,662)
Total income after credit impairment charge6 1,420,879,897 1,263,346,811 1,124,690,535
Employee benefits expense (328,232,252) (281,114,461) (252,911,564)
Amortisation (13,811,160) (15,549,440) (15,252,032)
Depreciation (32,283,132) (31,487,431) (32,306,644)
Other operating expenses (303,208,986) (284,125,867) (283,273,568)
Profit before income tax 743,344,367 651,069,612 540,946,727
Income tax expense7 (152,531,742) (172,972,168) (129,415,623)
Profit for the year attributable to the equity holders of the Group 590,812,625 478,097,444 411,531,104
Net change in fair value reserve on financial investments measured at fair value through other comprehensive income (OCI), net of tax 10,467,096 (9,508,424) (2,903,169)
Total comprehensive income for the year, net of tax 601,279,721 468,589,020 408,627,935
  1. Printed “-”, read as nil: subtotal_arithmetic: is.non_interest_income.
Notes and alternative reported figures (6)
  1. “Other interest and similar expense” is an issuer-specific line, not mapped to a shared definition: Note 6.
  2. “Other gains on financial instruments” is an issuer-specific line, not mapped to a shared definition: Note 9.
  3. Printed under different labels across filings: “Other income”; “Other operating income”.
  4. Printed under different labels across filings: “Non interest revenue”; “Non-interest revenue”.
  5. “Total income after credit impairment charge” is an issuer-specific line, not mapped to a shared definition: As printed.
  6. Printed under different labels across filings: “Income tax (expense)/credit”; “Income tax expense”.

Balance sheet

Balance sheet, UGX thousands. 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 — annual report (signed / final), comparative reported in the annual report for 2024.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filingFY2023Annual reportcomparative in FY2024 filing
Cash and balances with Bank of Uganda 1,472,030,836 1,211,168,332 1,079,035,695
Derivative assets 71,427,252 99,818,442 99,208,570
Trading assets 1,546,866,457 1,411,507,272 1,778,937,821
Pledged assets1 9,377,661 55,380,467 4,661,138
Financial investments 1,543,404,964 1,119,893,564 1,221,181,033
Current income tax recoverable –2 –2 –2
Loans and advances to banks 599,497,552 376,592,468 240,585,250
Loans and advances to customers 5,091,311,611 4,373,754,036 4,225,122,489
Amounts due from group companies3 745,561,805 1,173,660,878 330,064,839
Investment in subsidiaries4 –2 –2 –2
Other assets 229,877,149 376,973,573 128,773,542
Property, equipment and right of use assets5 96,827,043 82,433,590 83,682,517
Non-current assets held-for-sale6 930,871 –2 Not reported in this filing7
Deferred tax assets 83,681,516 69,730,655 59,370,617
Goodwill and other intangible assets 33,851,658 42,887,563 52,775,000
Total assets 11,524,646,375 10,393,800,840 9,303,398,511
Ordinary share capital 51,188,670 51,188,670 51,188,670
Fair value reserve on financial investments FVOCI 8,184,631 (2,282,465) 7,225,959
Retained earnings 2,076,898,434 1,846,085,809 1,667,988,365
Proposed dividends8 220,000,000 160,000,000 155,000,000
Total shareholders' equity 2,356,271,735 2,054,992,014 1,881,402,994
Derivative liabilities 123,347,934 132,889,663 135,159,501
Current income tax payable 10,741,105 12,763,014 21,988,995
Deposits from customers 8,027,470,064 7,106,871,603 6,332,851,589
Deposits from banks 104,509,791 263,640,570 96,704,725
Amounts due to group companies9 205,040,442 230,416,933 243,593,384
Borrowed funds 110,629,753 61,882,497 16,627,259
Subordinated debt10 74,048,077 75,433,169 77,641,462
Provisions and other liabilities 512,587,474 454,911,377 497,428,602
Total liabilities 9,168,374,640 8,338,808,826 7,421,995,517
Total equity and liabilities 11,524,646,375 10,393,800,840 9,303,398,511
  1. Printed “-”, read as nil: subtotal_arithmetic: bs.total_assets.
Notes and alternative reported figures (9)
  1. “Pledged assets” is an issuer-specific line, not mapped to a shared definition: Note 19.
  2. “Amounts due from group companies” is an issuer-specific line, not mapped to a shared definition: Note 38: balances with Standard Bank Group entities.
  3. “Investment in subsidiaries” is an issuer-specific line, not mapped to a shared definition: Note 40; nil in the Group columns.
  4. “Property, equipment and right of use assets” is an issuer-specific line, not mapped to a shared definition: Note 25; one combined line.
  5. “Non-current assets held-for-sale” is an issuer-specific line, not mapped to a shared definition: Note 25.
  6. Not reported in this filing: The 2024 statement of financial position (p148) prints no held-for-sale line.
  7. “Proposed dividends” is an issuer-specific line, not mapped to a shared definition: Note 35.
  8. “Amounts due to group companies” is an issuer-specific line, not mapped to a shared definition: Note 38.
  9. “Subordinated debt” is an issuer-specific line, not mapped to a shared definition: Note 34.

Cash flow

Cash flow, UGX thousands. 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 — annual report (signed / final), comparative reported in the annual report for 2024.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filingFY2023Annual reportcomparative in FY2024 filing
Net cash flows from operating activities1 287,615,930 1,109,044,741 873,250,847
Purchase of property and equipment (17,453,353) (21,155,741) (26,457,650)
Purchase of computer software (4,775,255) (5,662,003) (598,448)
Proceeds from sale of property and equipment 270,127 181,857 485,373
Net cash flows used in investing activities2 (21,958,481) (26,635,887) (26,570,725)
Principal lease payments (14,068,446) (20,156,479) (16,286,876)
Dividends paid to shareholders (300,000,000) (295,000,000) (310,000,000)
Investment in subsidiaries3 –4 –4 –4
Increase in borrowed funds5 48,747,256 45,255,238 (20,697,388)
Decrease in subordinated debt67 (1,598,290) (2,250,394) 2,088,627
Net cash flows used in financing activities8 (266,919,480) (272,151,635) (344,895,637)
Net (decrease)/increase in cash and cash equivalents9 (1,262,031) 810,257,219 501,784,485
Cash and cash equivalents at beginning of the year10 2,396,478,905 1,586,221,686 1,084,437,201
Cash and cash equivalents at end of the year 2,395,216,874 2,396,478,905 1,586,221,686
  1. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
Notes and alternative reported figures (9)
  1. Printed under different labels across filings: “Net cash flows from operating activities”; “Net cash from operating activities”.
  2. Printed under different labels across filings: “Net cash flows used in investing activities”; “Net cash used in investing activities”.
  3. “Investment in subsidiaries” is an issuer-specific line, not mapped to a shared definition: Note 40; nil in the Group columns.
  4. Printed under different labels across filings: “Increase in borrowed funds”; “Increase/(decrease) in borrowed funds”.
  5. “Decrease in subordinated debt” is an issuer-specific line, not mapped to a shared definition: Financing activities.
  6. Printed under different labels across filings: “(Decrease)/increase in subordinated debt”; “Decrease in subordinated debt”.
  7. Printed under different labels across filings: “Net cash flows used in financing activities”; “Net cash used financing activities”.
  8. Printed under different labels across filings: “Net (decrease)/increase in cash and cash equivalents”; “Net increase/(decrease) in cash and cash”.
  9. Printed under different labels across filings: “Cash and cash equivalents at beginning of the”; “Cash and cash equivalents at beginning of the year”.

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 — annual report (signed / final), comparative reported in the annual report for 2024.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filingFY2023Annual reportcomparative in FY2024 filing
Earnings / (loss) per share (per share)1 11.54 9.34 8.04
Weighted average shares (shares)2 51,188,670 thousand 51,188,670 thousand 51,188,670 thousand
Notes and alternative reported figures (2)
  1. Earnings / (loss) per share: printed as “Basic and diluted”.
  2. Weighted average shares: printed as “Weighted average number of ordinary shares in issue (thousands)”.

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 The Directors recommend payment of dividends per share of UShs 4.3 no amount Annual report, p185
31 Dec 2025 Dividend proposed per share, as printed in a statement Final dividend recommended for the year, per share 4.3 UGX per share Annual report, p185
31 Dec 2025 Dividends paid (cash flow statement) Dividends paid to shareholders (300,000,000) UGX thousands Annual report, p99
31 Dec 2024 Dividend proposed per share, as printed in a statement Dividends per shareNote 15 divides the proposed (final) dividends by the weighted shares; in the 2025 report the same caption covers interim plus final. 3.13 UGX per share Annual report, p217
31 Dec 2024 Dividends paid (cash flow statement) Dividends paid to shareholders (295,000,000) UGX thousands Annual report, p99
31 Dec 2023 Dividend proposed per share, as printed in a statement Dividends per shareNote 15 divides the proposed (final) dividends by the weighted shares; in the 2025 report the same caption covers interim plus final. 3.03 UGX per share Annual report, p217
31 Dec 2023 Dividends paid (cash flow statement) Dividends paid to shareholders (310,000,000) UGX thousands Annual report, p151

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 Uganda Holdings Limited Annual Report 2025

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

    Audit: Ernst & Young (Uganda), unmodified opinion · signed

    Auditor's sign-off: Ernst & Young; engagement partner CPA Julius Rwajekare (P0307)

    Final status: Auditor's report names the engagement partner and is dated 20 March 2026 (p93); statements approved by the board on 19 March 2026 (p96); the auditor's and directors' signatures are printed in this copy (page images checked in the rc2 verification).

    Document date
    20 Mar 2026
    Auditor's report
    20 Mar 2026
    Board approval
    19 Mar 2026
    Retrieved by us
    7 Oct 2026 (not a publication date)
    Used for
    statement columns FY2025, FY2024
    Basis
    consolidated statements · UGX thousands (printed “UShs' 000”)
    • The cash-flow statement uses the direct method with income tax inside the changes in operating assets and liabilities; only the operating total is transcribed.
    Technical details
    File
    202 pages, with a text layer
    SHA-256
    31d7971b7b2b61d814f175b236e388ab82df89a5439cb5e85d1bfa302179e56c
    Entity as printed
    Stanbic Uganda Holdings Limited and its subsidiaries (the Group)
    Note
    The issuer's investor page links two copies of this report: '2025 SUHL Annual Report.pdf' (SHA-256 d2e1504343a4…, created 4 June 2026) and '2025 SUHLAnnualReport.pdf' (this copy, created 15 June 2026). They differ only on p64 (management titles) and p85 (a directors' remuneration row labelled 'Non-executive directors' corrected to 'Executive directors'); the financial statements are identical. The later copy is used.
    Issuer copy
    retrieved 2026-10-07T00:01:31Z

  • Stanbic Uganda Holdings Limited Annual Report and Financial Statements for the year ended 31 December 2024

    Year ended 31 December 2024 · Annual report · signed / final

    Audit: Ernst & Young (Uganda), unmodified opinion · signed

    Auditor's sign-off: Ernst & Young; engagement partner CPA Julius Rwajekare (P0307)

    Final status: Auditor's report names the engagement partner and is dated 24 March 2025 (p142); statements approved by the board on 20 March 2025 (p148); the auditor's and directors' signatures are printed in this copy (page images checked in the rc2 verification).

    Document date
    24 Mar 2025
    Auditor's report
    24 Mar 2025
    Board approval
    20 Mar 2025
    Retrieved by us
    7 Oct 2026 (not a publication date)
    Used for
    statement columns FY2023
    Basis
    consolidated statements · UGX thousands (printed “UShs' 000”)
    • The cash-flow heading is printed 'CONSOLIDATED AND SEPERATE STATEMENT OF CASH FLOWS' (p151).
    • Direct-method cash flow with income tax inside the changes in operating assets and liabilities; only the operating total is transcribed. Several labels wrap onto a second line after the figures (p151).
    Technical details
    File
    261 pages, with a text layer
    SHA-256
    a0732ce68ab3333a928d2e778b53847a67b912729b9d9c5f70d18244d5bfe8d7
    Entity as printed
    Stanbic Uganda Holdings Limited and its subsidiaries (the Group)
    Issuer copy
    retrieved 2026-10-07T00:01:32Z

Data notes

No figure-level notes beyond those in the tables.

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.

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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.

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