NCB Financial Group is reporting a solid first-half performance for its 2025 financial year, posting a consolidated net profit of J$22.2 billion for the six months ended March 31.
The results were boosted by a $15.1 billion one-time gain from the sale of Thoma—a non-core, Netherlands-based brokerage previously owned by Guardian Holdings.
The Group also announced that shareholders will receive an interim dividend of 50 cents per share, payable on June 9, to those on record by May 26.
Profit attributable to shareholders climbed to $13.3 billion, representing a 94 per cent increase year-on-year while second-quarter profit more than doubled to $17 billion.
Return on equity rose to 15.06 per cent, and NCB's consolidated equity surged by 35 per cent to $230.4 billion.
Operating income grew by 25 per cent, reaching $77.3 billion, while expenses were up just eight per cent, improving the Group's cost-to-income ratio.
Customer deposits increased by $45.5 billion, pushing total deposits to $800.2 billion. Total assets now stand at $2.35 trillion.
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