Stanbic Holdings Plc · NSEKE:SBIC
Stanbic — FY2024 Earnings Presentation
26 slides from Stanbic's earnings presentation, 2025
Slide 1: Financial Results Presentation for the Year Ended 31 December 2024
Stanbic Bank Kenya Limited is licensed and regulated by the Central Bank of Kenya STANBIC HOLDINGS PLC Financial Results Presentation For The Year Ended 31 December 2024 STANBIC HOLDINGS PLC © 2025 STANBIC HOLDINGS PLC FINANCIAL RESULTS PRESENTATION ALL RIGHTS RESERVED
Slide 2: Contents
CONTENTS Opening Remarks 01 Joseph Muganda Chairman, Stanbic Holdings Plc Operating Environment and Strategy Execution 02 Patrick Mweheire Chief Executive, Stanbic Holdings Plc Financial Outcomes 03 Dennis Musau Chief Financial and Value Officer 04 Q&A STANBIC HOLDINGS PLC © 2025 STANBIC HOL
Slide 3: Opening Remarks
01 Opening Remarks Joseph Muganda Chairman, Stanbic Holdings Plc STANBIC HOLDINGS PLC © 2025 STANBIC HOLDINGS PLC FINANCIAL RESULTS PRESENTATION ALL RIGHTS RESERVED 3 3
Slide 4: Driving Sustainable Returns
Driving Sustainable Returns Dividend per Share Evolution Return on Equity Evolution 19.3% Total dividend 20.74 18.6% per share 15.3% 15.35 13.3% 13.13 12.60 KES 10.3% 9.00 20.74 2023: KES 15.35 35.1% 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 4
Slide 5: Operating Environment & Strategy Execution
02 Operating Environment & Strategy Execution Patrick Mweheire Chief Executive, Stanbic Holdings Plc STANBIC HOLDINGS PLC FINANCIAL RESULTS PRESENTATION
Slide 6: Who We Are
Who We Are CUSTOMERS STANBIC HOLDINGS PLC 291k 2023: 266k Our Purpose Non-Banking BRANCHES Banking Subsidiary Subsidiaries Kenya/South Sudan is our home, we drive 30 her growth 2023: 28 SBG Securities Ltd ATMs Stanbic Bank Kenya Ltd 53 2023: 52 Stanbic Bancassurance Intermediary Ltd CDMs Our Vision
Slide 7: Global Macro Economic Outlook
Global Macro Economic Outlook: Modestly optimistic, 3% growth, supported by strong growth in US Key highlights • Geo-political tension, trade wars and ongoing conflicts • Climate related risks / extreme weather events • AI Tech Opportunity Key highlights • Population growth dividend 7
Slide 8: Regional Economic Growth: Modest Optimism Subdued by Regional Conflicts
Regional Economic Growth: Modest Optimism Subdued by Regional Conflicts GDP Growth Inflation 27.2% 5.2% 3.1% 4.4% 4.7% 5.0% 6.0% 7.5% 5.7% 6.0% 3.1% Kenya Uganda Tanzania S. Sudan 2021 2022 2023 2024 2025 F Kenya Uganda Tanzania -26.4% 120.7% 79.3% 2023 2024 2025 F 30.2% 40.2% -3.2% S. Sudan Central
Slide 9: Themes and Trends Shaping Regional Business
Themes and Trends Shaping Regional Business Natural Resources Population • >$24tr worth of untapped • >400m people resources in DRC • Youthful population, • $13tr in Gold deposits in Uganda 80% below 35yrs • 6.3bn barrels of Proven Oil reserves GDP Regional Trade • CAGR of 5.4% • EAC’s move towards
Slide 10: Operating Environment - Kenya Macros
Operating Environment - Kenya Macros Stanbic Bank Kenya PMI Kenyan Economy in 2024 Economic Prospects for 2025 • Kenya's economic growth estimated to be 51.8 • Real GDP growth projected at 5.4% 48.8 50.6 50.6 49.7 49.7 4.6%, from an initial 5.2%. 43.1 (CBK).. • Agriculture and Service sectors were t
Slide 11: Resilience in a Tough Operating Environment
Resilience in a Tough Operating Environment Eurobond redemption Flooding Protests Appreciation of KES Disrupted Oil Supply - South Sudan Elevated Rates 11
Slide 12: 2024-26 Strategy On a Page
2024-26 Strategy On a Page OUR PURPOSE Kenya / South Sudan is our home, we drive her growth OUR VISION To be a leading financial services organisation in Kenya and South Sudan, delivering exceptional client experiences and superior value Transform Client Execute With Drive Sustainable STRATEGIC PRIO
Slide 13: Transforming Client Experience: Client Focus and Employee Engagement
Transforming Client Experience: Client Focus and Employee Engagement Employee Build Middle engagement Sovereign Markets Support 30 new workplace banking schemes onboarded Diversity & Inclusion Male : Female – 51%:49% Differently abled staff – Successfully facilitated a $1.5 billion Eurobond Partners
Slide 14: Executing With Excellence: Operational Excellence and Risk Management
Executing With Excellence: Operational Excellence and Risk Management Digital API Lending Integrations Digital lending / scoring 22 API integrations at customer level driving collections Mobile Banking Platform SBGS APP Flexi Protect Revamped app to Fitch Affirmed Remediated our Omni Channel facilit
Slide 15: Driving Positive Impact: Financial Inclusion and Capacity Building
Driving Positive Impact: Financial Inclusion and Capacity Building • KES 1.8Bn lent under affordable housing • 250 new homeowners Enterprise Growth and Financial KES 63m concessionary Job Creation 9% of loan book in Agric Sector Inclusion funding to MSMEs Over 8k individuals trained on financial fit
Slide 16: Sustainable Development: Sustainable Finance and Climate Resilience
Sustainable Development: Sustainable Finance and Climate Resilience Infrastructure Climate Development Change and KES 9Bn of Loan book to 8k trees planted and Just Energy Mitigation Transition infrastructure development 266 customers Over Kes 500m solar financing screened for E&S risks 99.92% of was
Slide 17: Accolades
Accolades Best Trade Finance Bank Best Private Bank in Kenya in Kenya 2024 Global Finance Global Trade Review Best FX Bank in Best Bank to borrow from Kenya Euromoney Think Business Awards Best Investment Bank in Best Investment Bank Kenya Euromoney CIB Awards Best Trade Finance Platform Initiative,
Slide 18: Financial Outcomes
04 Financial Outcomes Dennis Musau Chief Financial and Value Officer STANBIC HOLDINGS PLC FOR THE YEAR ENDED © 2025 STANBIC HOLDINGS PLC FINANCIAL RESULTS PRESENTATION 31ST DECEMBER 2024 ALL RIGHTS RESERVED 18 18
Slide 19: Income Statement - Highlights
Income Statement - Highlights 3.8% 0.3% 1.1% Revenue Net Interest Margin Cost to Income Ratio Kes 39.7bn (NIM) 5.68% (CTI) 44.5% 1.2% 12.8% 0.7% Credit Loss Ratio Profit After Tax Return on Equity (CLR) 1.16% Kes 13.7bn 19.3% ROE Evolution 12.8% 35.1% 10.3% 13.3% 15.3% 18.6% 19.3% Earnings Per Share
Slide 20: Summary Statement of Profit and Loss
Summary Statement of Profit and Loss FY 2024 FY 2023 Key Highlights % Change KES m KES m Profit after tax of KES 13.7b; Net interest income 24,337 25,648 (5.1) Non-interest revenue 15,406 15,669 (1.7) Net Interest Income – increased cost of funding reflecting the high interest rates environment Tota
Slide 21: Balance Sheet – Highlights
Balance Sheet – Highlights 1.0% 12% 1.0% Total Assets Customer Loans Customer Deposits Kes 454.8bn Kes 230.2bn Kes 318.2bn 0.4% 10% 1.8% Non-Performing Loans Liquidity Ratio Total Capital Ratio 9.11% 50.5% 18.37% 21
Slide 22: Summary Statement of Financial Position
Summary Statement of Financial Position KES millions FY 2024 FY 2023 Change % Key Highlights Assets Financial investments 99,190 45,345 119 Total assets - stable through year end dates, but 13.3% up on average Loans and advances to banks 64,486 95,705 (33) Loans and advances to customers 230,218 260
Slide 23: Financial Outcome - Subsidiaries Contribution
Financial Outcome - Subsidiaries Contribution Stanbic Holdings Plc PAT: KES 13.7b YOY Growth: 13% up Stanbic Bank Stanbic Bank (South Stanbic SBG Securities (Kenya Sudan Branch Bancassurance Limited Operations) Operations) Intermediary Limited Dec 2024 Growth Dec 2024 Growth Dec 2024 Growth Dec 2024
Slide 24: Key Takeaways
Key Takeaways + + + = + Resilient performance across Operational efficiencies from revenue lines digital transformation Increased shareholder return Agile balance sheet Focused risk management Sustainable community management amidst challenging economic engagement environment 24
Slide 25: Q&A
Q&A |STANBIC HOLDINGS PLC - H1 2024 FINANCIAL PERFOMANCE
Slide 26: Financial Results Presentation for the Year Ended 31 December 2024
Stanbic Bank Kenya Limited is licensed and regulated by the Central Bank of Kenya STANBIC HOLDINGS PLC Financial Results Presentation For The Year Ended 31 December 2024 STANBIC HOLDINGS PLC © 2025 STANBIC HOLDINGS PLC FINANCIAL RESULTS PRESENTATION ALL RIGHTS RESERVED