Stanbic Uganda Holdings Limited (UGSE:SBU)

Stanbic Uganda Holdings Income Statement

Financials in millions UGX. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	876,652	847,957	781,926	635,025	543,995	536,234
Interest Paid on Deposits	105,293	86,107	71,000	45,612	45,969	45,441
Interest Paid on Borrowings	2,234	2,047	2,033	-	-	-
Total Interest Expense	107,527	88,154	73,033	45,612	45,969	45,441
Net Interest Income	769,125	759,803	708,893	589,413	498,026	490,792
Net Interest Income Growth (YoY)	7.36%	7.18%	20.27%	18.35%	1.47%	9.32%
Income From Trading Activities	323,853	304,287	270,116	261,426	233,702	177,344
Gain (Loss) on Sale of Assets	165.61	165.61	382.77	324.18	-43.28	204.64
Gain (Loss) on Sale of Investments	-	-	-	-	-20.96	16.77
Gain (Loss) on Sale of Equity Investments	7.4	7.4	7.98	6,100	3,800	4,100
Other Non-Interest Income	252,037	233,096	214,744	180,636	168,019	158,932
Total Non-Interest Income	576,063	537,556	485,251	448,486	405,456	340,598
Non-Interest Income Growth (YoY)	9.60%	10.78%	8.20%	10.61%	19.04%	-4.91%
Revenues Before Loan Losses	1,345,188	1,297,360	1,194,144	1,037,899	903,482	831,390
Provision for Loan Losses	26,930	34,013	69,454	59,572	70,408	91,734
Revenue	1,318,258	1,263,347	1,124,691	978,326	833,075	739,656
Revenue Growth (YoY)	10.11%	12.33%	14.96%	17.44%	12.63%	-3.13%
Salaries and Employee Benefits	287,180	272,195	250,290	211,780	177,248	167,212
Occupancy Expenses	31,525	31,487	32,307	34,216	33,018	48,424
Amortization of Goodwill & Intangibles	15,026	15,549	15,252	15,162	15,041	-
Selling, General & Administrative	34,623	34,623	30,154	23,618	23,246	20,336
Other Non-Interest Expense	261,802	258,422	255,742	210,515	233,312	185,070
Total Non-Interest Expense	630,156	612,277	583,744	495,290	481,865	421,043
EBT Excluding Unusual Items	688,102	651,070	540,947	483,036	351,210	318,613
Pretax Income	688,102	651,070	540,947	483,036	351,210	318,613
Income Tax Expense	167,134	172,972	129,416	125,655	81,898	76,926
Net Income	520,969	478,097	411,531	357,381	269,312	241,686
Net Income to Common	520,969	478,097	411,531	357,381	269,312	241,686
Net Income Growth	16.59%	16.18%	15.15%	32.70%	11.43%	-6.72%
Basic Shares Outstanding	51,189	51,189	51,189	51,189	51,189	51,189
Diluted Shares Outstanding	51,189	51,189	51,189	51,189	51,189	51,189
EPS (Basic)	10.18	9.34	8.04	6.98	5.26	4.72
EPS (Diluted)	10.18	9.34	8.04	6.98	5.26	4.72
EPS Growth	16.59%	16.18%	15.15%	32.70%	11.43%	-6.72%
Dividend Per Share	5.860	5.860	5.470	4.590	0.980	1.860
Dividend Growth	93.40%	7.13%	19.17%	368.37%	-47.31%	-13.49%
Effective Tax Rate	24.29%	26.57%	23.92%	26.01%	23.32%	24.14%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.