BSP posts strong third quarter 2025 growth in revenue, profit

BSP Financial Group Limited reported a strong third quarter for 2025, with revenue climbing 15% to K860 million compared to the prior comparable period. This growth was driven by a 13% rise in net interest income, a 24% surge in FX income, and a 12% increase in fee income. Despite a 17% increase in operating expenses to K374 million due to ongoing investments, the company's operating profit still rose by 13% to K486 million.

Unaudited earnings before tax (EBT) reached K462 million, a 14% increase from 3Q24, contributing to a 22% rise in unaudited statutory NPAT, which hit K284 million for the quarter. The Group maintained a strong capital position, with a Capital Adequacy Ratio of 26.0% and a Leverage Capital Ratio of 8.4%, both comfortably exceeding regulatory minimums.

The company's cost-to-income ratio rose marginally from 43% in 3Q24 to 44% in 3Q25, remaining within the target range. Credit impairment expenses increased by 3%, aligning with the Group's expectations for credit provisioning relative to lending balances.