Stanbic Holdings Plc · NSEKE:SBIC
Stanbic — H1 2026 Earnings Presentation
28 slides from Stanbic's earnings presentation, Aug 6, 2026
Slide 1: H1 2026 Financial Results
STANBIC HOLDINGS PLC H1 2026 Financial Results 0 6 TH A U G U S T 2 0 2 6 KENYA AND SOUTH SUDAN IS OUR HOME, WE DRIVE HER GROWTH STANDARD BANK GROUP 1H26 Q&A 1
Slide 2: Agenda
Agenda Opening Remarks Joseph Muganda Chairman, Stanbic Holdings Plc Operating Environment & Strategy Execution Dr. Joshua Oigara, Chief Executive, Stanbic Holdings Plc Financial Outcomes Dennis Musau, Chief Financial and Value Officer STANDARD BANK GROUP 1H26 Q&A 2 Stanbic Holdings Plc | H1 2026 Fi
Slide 3: Opening Remarks
Opening Remarks Joseph Muganda Chairman, Stanbic Holdings Plc STANDARD BANK GROUP 1H26 Q&A 3
Slide 4: Our Operating Environment
Our Operating Environment Dr. Joshua Oigara, Chief Executive, Stanbic Holdings Plc STANDARD BANK GROUP 1H26 Q&A 4
Slide 5: A War-Shocked Global Economy
A War-Shocked Global Economy GLOBAL M ACROS Global GDP Growth, 2026 (%) 3.1% Global GDP forecast 2026 cut from 3.3% 3,3 3,1 4.4% Headline inflation revised upward from 4.1% Brent crude oil projected year-end 2026 Growth $80 2026 price, after peaking at $112.95/Barrel in April Jan 2026 (pre-conflict)
Slide 6: Africa's Resilience Amid Global Volatility
Africa’s Resilience Amid Global Volatility AFRICA– 2026 EST GDP GROWTH Multi speed economic growth across SSA – Projected GDP growth rate at 4.2% Sources: IMF, STANDARD Standard BANK GROUP Bank 1H26Research Q&A 6
Slide 7: East Africa Outpaces Rest of SSA at 5.9% GDP Growth
East Africa Outpaces Rest of SSA at 5.9% GDP Growth EAST AFRICAN M ACROS Kenya Uganda Tanzania Rwanda DRC South Sudan REAL GDP GROWTH 4.5–4.9% 6.5–7.8% 5.9–6.3% 7.2–9.4% 5.2–5.9% 4.1–17.1% 2026f real GDP FY25/26f real GDP 2026f real GDP 2026f — EAC's fastest 2026f real GDP 2025/26f, oil rebound INFL
Slide 8: Growth Moderates, as Fundamentals Hold Firm
Growth Moderates, as Fundamentals Hold Firm KENYA M ACROS GDP Growth Private Sector Credit Growth CBR and T-Bill Rates 5,6% 5,3% 9,3% 9,8% 4,9% 8,75% 8,83% 2,0% 8,1% Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 2023 2024 2025 2026 Q1 2026 (F) Private Sector Credit Growth CBR 91-d Tbil
Slide 9: Market Opportunities and Risks in 2026
Market Opportunities and Risks in 2026 BANKING SECTOR LANDSCAPE Global Economic and Geopolitical Volatility Uptick in Private Sector Credit Growth • Middle East conflict • From 2% in mid 2025 to 9.3% currently • Increasing trade protectionist practices • Rising local political tensions Expansion in
Slide 10: Turnaround in Infrastructure-Related Sectors Could Hold Over the Medium Term
Turnaround in Infrastructure-Related Sectors Could Hold Over the Medium Term EM ERGING GROWTH DRIVERS Aided by securitization of government levies and the new infrastructure funding model Construction, Real Estate, Mining and quarrying Over 100 new building construction in Nairobi alone. Contractors
Slide 11: Strategy Execution
Strategy Execution STANDARD BANK GROUP 1H26 Q&A 11
Slide 12: Our One Stanbic Strategy (2024-2026)
Our One Stanbic Strategy (2024-2026) STRATEGY ON A PAGE Strategic priorities Transform Client Execute With Drive Sustainable Experience Excellence Growth and Value Outcomes 14 - 16% +50 41 - 43% <9% 23 - 25% REVENUE GROWTH CAGR NPS SCORE COST-TO-INCOME RATIO NPL RATIO RETURN ON EQUITY Success Pillar
Slide 13: Delivering on Our Commitments: Tangible Progress Across Strategic Pillars
Delivering on Our Commitments: Tangible Progress Across Strategic Pillars KEY ACHIEVEMENTS KEY H1 2026 ACHI EVEMENTS Energy Sector KPC IPO Assets Management Staff Diversity Transforming Client Experience • Client Focus USD 263m KES 10Bn KES 7.0Bn 50%:50% Our Strategy Execution • Employee Engagement
Slide 14: We Are Recognised for Performance and Trust
We Are Recognised for Performance and Trust ACCOLADES General Corporate Finance Financial Advisors by Deal Value 2025 Dealmakers Africa Annual Awards. Warrior for Good Award – Financial inclusion and access to finance- Stanbic Foundation Pezesha – Financial Literacy Winner, Mergers and Award- Stanbi
Slide 15: Financial Outcomes
Financial Outcomes Dennis Musau Chief Financial and Value Officer STANDARD BANK GROUP 1H26 Q&A 15
Slide 16: Strategic Performance Drivers
PERFOM ANCE DRIVERS Strategic Performance Drivers PERFOM ANCE DRIVERS 18% 76% 17% Core Active 90-day Digitally Growth in SME Active digital Customers Customers Transactions Growth in VAF Trading Brokerage Disbursements Volumes Volumes 11% 16% 29% STANDARD BANK GROUP 1H26 Q&A KES 2.65 Billion Investe
Slide 17: A Fortress Balance Sheet Continues to Underpin Our Growth
A Fortress Balance Sheet Continues to Underpin Our Growth BALANCE SHEET GROWTH Total Assets Customer Deposits Customer Loans Assets Under Management CAGR CAGR CAGR 16% 18% 6% 63% 421,7 289,8 7,0 602,2 359,7 244,0 238,8 497,9 329,6 233,5 473,7 384,3 258,6 4,3 H1 23 H1 24 H1 25 H1 26 H1 23 H1 24 H1 25
Slide 18: Balance Sheet Growth Enabled by Strong Deposit Mobilization
Balance Sheet Growth Enabled by Strong Deposit Mobilization BALANCE SHEET Kes millions % of Portfolio H1 2026 FY 2025 H1 2025 YoY Change % Assets Prudential holdings and transitory portfolio Financial investments 29 176.9 108.1 108.4 63.2 Liquidity versus yield rationalization Loans and advances to
Slide 19: Balance Sheet Highlights
Balance Sheet Highlights BALANCE SHEET PROFILE GROSS LOAN MOVEMENT KES "M" DEPOSIT MIX STEADY - YoY 85% 85% 17.2 ( 0.0) ( 0.1) 30.8 25.2 ( 14.5) 15% 15% Term CASA H1 25 Additions FX Impact Write-offs Repayments H1 26 H1 25 H1 26 LOAN BOOK CURRENCY MIX 18% 11% LOAN COMPOSITION 61% BY PRODUCT 51% 6% 4
Slide 20: Volume Growth And Transaction Activity Offset Margin Pressure
Volume Growth And Transaction Activity Offset Margin Pressure PROFIT AND LOSS Kes "Bn" H1 2026 H1 2025 % Change Income growth despite overall yield reduction Interest Income 19.7 18.8 5.0 Prudent funding cost management amid deposit growth Interest Expense (7.4) (6.9) (6.7) Net Interest Income 12.3
Slide 21: Corporate Led Volumes Growth, With Net Interest Margin Trade-Offs
Corporate Led Volumes Growth, With Net Interest Margin Trade-Offs SEGM ENT PERFOM ANCE Operating Income Profit After Tax Gross Loans & Advances 2% 1% H1 26 H1 26 11% H1 26 20% 19% CIB 8% CIB BCB BCB CIB KES 19.9Bn KES 6.6Bn 15% KES 308Bn BCB PPB PPB 18% 61% AIM AIM PPB 66% 80% 2% 1% H1 25 H1 25 11%
Slide 22: Operating Ratios Moderated by Market and Yield Curve Dynamics
Operating Ratios Moderated by Market and Yield Curve Dynamics KEY PERFOM ANCE RATIO H1 25 H1 26 Net Interest Margin (NIM) Net Interest Margin (NIM) 5.93% -122 bps 4.71% Cost to Income Ratio (CTI) Cost to Income Ratio (CTI) 48.1% -140 bps 49.5% Credit Loss Ratio (CLR) Credit Loss Ratio (CLR) 1.19% -6
Slide 23: Revenue Resilience Outpaced by Cost Growth, Elevating CTI
Revenue Resilience Outpaced by Cost Growth, Elevating CTI OPERATING EFFICIENCY NIR Ratio Operating Expenses CTI Trend (5.3%) H1 26 49,5% 4,5 0.5% 4,8 48,1% H1 25 61% 62% 46,2% 38% 39% 45,9% 5,1 4,8 45,6% (11.6%) Staff Costs Other Operating Expenses Q2' 25 Q3' 25 Q4' 25 Q1' 26 Q2' 26 Net Interest Inc
Slide 24: Protecting Portfolio Health Through Active Risk Discipline
Protecting Portfolio Health Through Active Risk Discipline PORTFOLIO HEALTH NPLs and CLR Risk Profile of the Loan book 17,6% 16,7% 15,5% 15,5% 15,3% 9,5% 8,4% 8,0% 6,3% 7,4% 4,8% 4,0% 9,6% 8,4% 9,50% 9,3% 8,37% 7,99% 8,42% 7,37% 1,19% 1,11% 0,57% 0,45% 0,50% Q2' 25 Q3' 25 Q4' 25 Q1' 26 Q2' 26 CLR NP
Slide 25: Capital And Funding Capacity Aligned With Growth Strategy
Capital And Funding Capacity Aligned With Growth Strategy FUNDING AND LIQUIDITY Funding Total Capital Adequacy Ratio Liquidity Ratio 18,90% 14% 12% 56,95% 16,81% 55,50% 5% 9% 4% 3% 3% 4% 14,5% 75% 72% 20,0% H1 25 H1 26 H1 25 H1 26 H1 25 H1 26 Customer deposits Deposits from banks Total capital to RW
Slide 26: Subsidiary and Branch Performance Overview
Subsidiary and Branch Performance Overview CONSOLIDATED PERFOM ANCE STANBIC BANK (SOUTH SUDAN STANBIC BANK KENYA LIMITED BRANCH OPERATIONS) H1 2026 Growth YoY H1 2026 Growth YoY PAT KES 5,980m (14%) PAT KES 503m >100% STANBIC HOLDINGS PLC PAT: 6,607m YOY GROWTH: 1% STANBIC BANCASSURANCE INTERMEDIARY
Slide 27: Strategic Priorities for H2 2026
Strategic Priorities for H2 2026 LOOKING FORWARD Accelerate Revenue Deepen Ecosystem Disciplined Risk & Improve Return on Growth Banking Capital Management Equity Maintain strong capital Sustain margin discipline Retail and Wealth segments Agribusiness Value Chains buffers amid sector-wide as the ra
Slide 28: Thank You
THANK YOU STANDARD BANK GROUP 1H26 Q&A 28