Diamond Trust Bank (DTB) posted a strong recovery in its FY2025 results, with profit after tax climbing 23.1% to Sh9.41 billion, up from Sh7.6 billion in 2024.
The growth was driven by a 24.2% surge in net interest income, which rose to Sh34.88 billion from Sh28.4 billion the previous year, reflecting renewed momentum in lending and asset growth.
Total operating income grew 13.6% to Sh46.69 billion, while profit before tax increased 20.5% to Sh13.40 billion, compared with a 24.2% rise to Sh11.2 billion in 2024. The performance highlights a stronger earnings trend after a year of modest growth.
DTB’s balance sheet also rebounded, with total assets expanding 14.8% to Sh659.12 billion, reversing the 9.6% decline recorded in 2024. Net loans and advances rose 13.6% to Sh324.17 billion, recovering from a 7.5% drop to Sh285.3 billion, while customer deposits grew 13.9% to Sh509.14 billion, a turnaround from an 8% decline the previous year.
Non-interest income fell 9.1% to Sh11.81 billion, contrasting with the relatively stable income mix seen in 2024. Meanwhile, loan loss provisions increased 14.6% to Sh9.96 billion, indicating a cautious approach as the bank expanded lending amid an improving but still carefully managed credit environment.
Gross non-performing loans had declined by 13.3% to Sh37.9 billion in 2024, signaling improved asset quality, but the 2025 rise in provisions suggests DTB is maintaining buffers against potential risks while pursuing growth.
Shareholder returns mirrored the earnings growth, with earnings per share rising 23.1% to 33.65. The bank announced a proposed final dividend of Sh9.00 per share, up 28.6% from the previous year, representing a payout ratio of 26.7% and an estimated yield of 5.8% based on the current share price of Sh154.
The share register will close on May 22, 2026, with payments scheduled for June 26, 2026, underscoring management’s confidence in the bank’s continued profitability and capital strength.