BK GROUP (BKG) Q4 2025 earnings summary

Executive summary

• Profit after tax/net income rose 20.9% year-over-year to RWF 110.1Bn, driven by strong loan growth, improved asset quality, and disciplined cost management.

• Total assets increased 15.8% YTD to RWF 2,919.5Bn.

• Dividend per share surged 80% YoY to RWF 53.04, with payout ratio increased to 45% of net profit.

• Return on equity improved to 22.9%, and cost-to-income ratio optimized to 37.9%.

• Shareholders' equity expanded 19.5% YTD to RWF 524.2Bn, and book value per share increased to RWF 560.9.

Financial highlights

• Net interest income grew 15.6% YoY; profit before tax up 24.9% YoY, driven by reduced impairment charges.

• Loans and advances expanded 16.1% YTD to RWF 1,688.1Bn; gross loans grew 15.5% to RWF 1,759.1Bn.

• Customer/client deposits increased 14.8% YTD to RWF 1,884.4Bn.

• NPL ratio improved to 2.9% (vs 3.2% FY 2024); capital adequacy ratio at 21.1%.

• Earnings per share rose 20.5% YoY to RWF 117.8.

Outlook and guidance

• 2026 priorities include maintaining a 45% dividend payout, disciplined loan growth, and digital investments.

• Management expects continued macroeconomic support, balance sheet growth, and focus on sustainable, earnings-driven returns.