Standard Chartered H1 Unaudited Financial Results

Standard Chartered Bank Kenya Ltd – Consolidated and Company Financial Statements and Disclosures

Balance Sheet Overview

Total Assets stood at KSh 372.1B (down from KSh 384.6B in Dec 2024)

• Loans & Advances to Customers: KSh 152.2B (stable compared to KSh 151.6B in Dec 2024)
• Investment in Government Securities (FVOCI): KSh 92.6B (flat vs Dec 2024).
• Balances due from Group Institutions: KSh 74.5B (down from 78.6B).

Total Liabilities

• Customer Deposits: KSh 290.6B (down from KSh 295.7B).
• Group Balances Due: KSh 8.2B (slightly lower than KSh 8.1B in Dec 2024).

Shareholders’ Equity: 65.6B (down from KSh 71.8B in Dec 2024).

Analysis: The bank shows stable loan growth but slightly reduced deposits and lower shareholder equity, partly due to heavy dividend payouts.

Profit & Loss Performance

For the half year ending June 2025:

• Total Interest Income: KSh 17.2B (driven by loans KSh 9.4B & government securities KSh 6.1B).
• Interest Expense: KSh 1.9B (mainly customer deposits).
• Net Interest Income: KSh 15.3B.

Non-Interest Income: KSh 6.8B (FX trading KSh 2.0B, Fees & Commissions KSh 3.3B, Other income KSh 1.4B).

Total Operating Income: KSh 22.1B.
Operating Expenses: KSh 11.2B (with staff costs KSh 4.4B and loan loss provisions KSh 1.2B).

Profit Before Tax: KSh 10.9B.
Profit After Tax: KSh 8.1B.

Earnings per Share (EPS): KSh 21.1B.
Dividend per Share: KSh 8 (interim).

Analysis: Profitability remains strong, though slightly lower than H1 2024. Non-interest income continues to be a key contributor (31% of revenues). The interim dividend payout shows confidence in earnings stability.