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Standard Chartered (StanChart) Bank Kenya posted weaker half-year earnings as lower interest and non-interest income weighed on performance despite stable asset quality and deposit growth.
- •Profit before tax fell 25% to KSh 10.9Bn, while profit after tax declined 21% to KSh 8.09Bn.
- •Operating income dropped 15% to KSh 22.1Bn, reflecting a 29% fall in non-interest income and a 7% dip in net interest income, which the lender attributed the decline to subdued trading income and margin compression.
- •Stanchart Kenya’s total assets closed the half at KSh 372.1Bn, slightly lower than last year, while equity grew 2% to KSh 65.6Bn.
The lender’s operating costs were contained, down 3% to KSh 11.2Bn, and loan loss provisions eased 25% to KSh 1.18Bn, offering some relief. Gross non-performing loans improved 29% year-on-year to KSh 9.6Bn.
| Metric | Jun 30 2025 | Jun 30 2024 | YoY % |
|---|---|---|---|
| Net Interest Income | 15.30Bn | 16.52Bn | -7.4% |
| Non-Interest Income | 6.79Bn | 9.57Bn | -29.1% |
| Operating Income | 22.09Bn | 26.08Bn | -15.3% |
| Loan Loss Provisions | 1.18Bn | 1.56Bn | -24.6% |
| Operating Expenses | 11.19Bn | 11.58Bn | -3.4% |
| Profit Before Tax (PBT) | 10.90Bn | 14.49Bn | -24.8% |
| Profit After Tax (PAT) | 8.09Bn | 10.28Bn | -21.4% |
| Total Assets | 372.09Bn | 377.28Bn | -1.4% |
| Total Equity | 65.60Bn | 64.11Bn | +2.3% |
| Customer Deposits | 290.59Bn | 276.40Bn | +5.1% |
| Loans & Advances (Net) | 152.21Bn | 149.30Bn | +1.9% |
| Gross NPLs | 9.59Bn | 13.58Bn | -29.4% |
| Interim Dividend | 8.00 | 8.00 | flat |
Customer deposits rose 5% to KSh 290.6Bn, and loans and advances inched up 2% to KSh 152.2Bn.
Stanchart Kenya has maintained its interim dividend payout at 8.00 per share.