National Australia Bank (NAB) reported quarterly unaudited cash earnings of A$1.77 billion for Q3 FY2025, with a CET1 ratio of 12.14% at quarter-end. The bank's non-performing exposures to gross loans and acceptances stood at 1.54%, while net interest margin increased by 8 basis points during the quarter. Operating expenses for FY2025 are projected to grow by approximately 4.5%. In Kenya, I&M Bank posted a 36% growth in half-year earnings to KES 8.3 billion, with customer deposits rising 2% to KES 429 billion; however, no dividend was declared. I&M Bank's wealth management business saw assets under management surge 238% year-over-year to KES 70 billion, and customer numbers increased 182% to 9,400. Sidian Bank's H1 2025 results showed total assets up 54.5% to KES 76.2 billion, loans and advances increasing 5.1% to KES 26.9 billion, and customer deposits rising 71.1% to KES 60 billion. Net interest income grew 42.8% to KES 1.6 billion, while profit after tax jumped 423.5% to KES 942.3 million. Gross non-performing loans increased 37.5% to KES 8 billion, and core capital rose 36.9% to KES 6.2 billion. Family Bank reported H1 2025 total assets of KES 192.9 billion, up 22%, with deposits growing 26% to KES 149.8 billion and loans increasing 10.4% to KES 100.9 billion. Gross non-performing loans rose 15% to KES 15.2 billion. Net interest income increased 40% to KES 6.9 billion, non-interest income grew 18% to KES 2.7 billion, and loan loss provisions rose 68% to KES 663.5 million. Family Bank's core capital increased 14% year-over-year to KES 16.57 billion, exceeding the Central Bank of Kenya's 2025 minimum requirement of KES 3 billion. The bank's profit after tax rose 38.6% year-over-year to KES 2.2 billion. Liberty Holdings reported a 61% decline in insurance service results to KES 225 million and a 59% drop in net income to KES 260 million for H1 2025, despite a 4.6% increase in net investment income to KES 2 billion and a slight 0.3% rise in assets to KES 45.3 billion. The company completed the sale of Heritage Insurance Tanzania on April 4, 2025, with proceeds of KES 492 million against a net asset value of KES 520 million. Sidian Bank's core capital rose 37% year-over-year to KES 6.18 billion, surpassing the Central Bank of Kenya's 2025 minimum requirement but still below the 2029 target of KES 10 billion. Meanwhile, the Nairobi Securities Exchange recorded a KES 1 trillion gain as equities surged, driven by lower returns on government bonds prompting a shift of funds into equities. The top 10 richest firms accounted for 84.7% of the NSE's year-to-date gains.
I&M Bank’s wealth management business surged in H1’2025: ◾ AUM rose 238% YoY to KES 70B (H1’2024: KES 20.7B) ◾ Customers grew 182% YoY to 9,400 (H1’2024: 3,300) https://t.co/n51oKVBFf6
Sidian Bank’s core capital rose from KES 4.52B in Jun ’24 to KES 6.18B in Jun ’25, an increase of KES 1.66B (37% y/y). The bank clears CBK’s 2025 minimum of KES 3B, but must still build up to the KES 10B target by 2029. https://t.co/y2VRzYhHVM https://t.co/7Pe3Fm3uB9
Liberty Holdings H1 2025 (KES, YoY) —Insurance service result -61% to 225M —Net investment income +4.6% to 2B —Net income -59% to 260M —Assets +0.3% to 45.3B The company completed the sale of Heritage Insurance Tanzania on Apr 4, 2025. Proceeds were 492M against a NAV of 520M, https://t.co/KrM0nTnGMY