Chamwe Kaira
Standard Bank Namibia Holdings Limited expects its profit after tax for the six months ended 30 June 2025 to increase by between 8% and 12% compared to the same period last year.
Earnings per share (EPS) and headline earnings per share (HEPS) are projected to rise to between 105 and 109 cents, up from 97 cents in 2024.
This projection is based on a trading statement issued in line with the Namibia Stock Exchange Listings Requirements, which obliges companies to inform shareholders when results are likely to differ materially from the previous period.
The company is expected to release its interim financial results on or around 12 August 2025.
For the financial year ended 31 December 2024, Standard Bank reported a 36.8% increase in profit, from N$770 million to N$1.053 billion.
Growth was supported by a 14.8% rise in net interest income and a 15.3% increase in non-interest revenue.
Trading revenue grew by 11.7%, net fee and commission revenue by 9.2%, other revenue by 31.7%, and other gains and losses on financial investments by 46.8%.
The group’s cost-to-income ratio improved to 56.4% from 60.7% in 2023. Return on equity rose from 15.6% to 20.0%, reflecting better financial performance, capital optimisation, and cost control.
As of December 31, 2024, the group remained well capitalised. The total regulatory capital ratio stood at 18.0%, down from 20.7% in 2023, while the total tier 1 capital ratio was 16.0%, compared to 18.2% in the previous year. The group stated these ratios remain above its risk appetite and regulatory minimum requirements.
