Stanbic earnings jumps 12.8% to stand at 13.7 billion in 2024

Stanbic Bank has posted a 12.8 percent growth in earnings to stand at 13.7 billion shillings profit after tax. The earnings comes despite the lender recording nearly 4 percent drop in revenue which stood at 39.7 billion. However, it is the banks shareholders who will be smiling all the way to the bank after the lender announced a 35.1 percent increase in dividend payout to 20.74 shillings per ordinary share.