Key Business Points
- FMBCH’s 47% profit growth to $152 million (K266 billion) shows strong regional diversification is working for Malawian-owned institutions
- Loans exceeding $900 million (K1.5 trillion) and deposits over $1.8 billion (K3.1 trillion) reflect rising customer confidence and capital deepening across the network
- Higher dividend payout signals healthy capital buffers and continued confidence in sustained earnings across the five-country footprint
FMB Capital Holdings plc (FMBCH) has reported a 47 percent increase in profit after-tax to $152 million (about K266 billion), reflecting steady execution of its regional strategy and the strength of its diversified banking model. The group’s reported profit growth is supported by its markets in Malawi, Zambia, Zimbabwe, Botswana and Mozambique and a more balanced mix of income streams. A subsidiary of First Capital Group, FMBCH continued to expand its lending and deposit base during the year, with loans rising to over $900 million (about K1.5 trillion) and customer deposits exceeding $1.8 billion (about K3.1 trillion). The group also grew income from everyday banking activities such as transactions, foreign exchange and client services, demonstrating progress in building a more resilient and diversified earnings base.
FMBCH achieved the results in a challenging operating environment, with currency volatility, high interest rates and tight liquidity affecting many of the markets in which the group operates. Its presence in regional markets, combined with strong local management teams, helped the group navigate these conditions while continuing to support customers and grow the business. In a statement, FMBCH group managing director Jaco Viljoen said the performance reflects consistent execution and the benefits of a regional strategy that is now delivering. "We have built a more diversified and resilient business, supported by strong teams in each of our markets," he said. The group’s board of directors proposed total dividends of $34.5 million (about K60.4 billion), reflecting confidence in the group’s financial position while maintaining a prudent approach to capital. The results underline FMBCH’s progress in deepening its regional footprint, strengthening client offerings and delivering shareholder value amid an uncertain macroeconomic climate.
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