Chamwe Kaira
SBN Holdings Limited, the parent company of Standard Bank Namibia, reported a 12.8% increase in profit for the year ended 31 December 2025.
Profit after tax rose to N$1.187 billion compared to N$1.053 billion recorded in 2024, according to the group’s audited consolidated financial results.
The group said the increase was supported by revenue growth, expansion of the loan book, cost control and lower credit impairments.
Net income before tax for the period stood at N$1.649 billion. The bank said stable net interest income and improved credit conditions supported its performance during the year.
Basic earnings per share increased to 227 cents, while headline earnings per share also reached 227 cents.
Net asset value per share rose to 1,138 cents. Return on equity improved to 21%, up from 20% recorded in 2024. The group said the return remains above its cost of equity.
Following the improved results, the board recommended a final dividend of 78 cents per share. This compares to a dividend of 70 cents per share declared in the previous year.
The last day to trade shares with the dividend will be 23 April 2026. Shares will trade without the dividend from 24 April 2026. The record date is 30 April 2026 and payment will be made on 15 May 2026.
