Zimbabwe Bank Performance Insights show CBZ Holdings leading the pack with notable growth in the nine months to September 2025. The group reported a 10 percent rise in after-tax profit to ZWL 1.11 billion, driven by strong deposit mobilisation and higher non-funded income from fees and transactional activity. Total income jumped 58 percent to ZWL 4.23 billion, while assets increased to ZWL 38.93 billion and deposits reached ZWL 27.09 billion, reflecting the bank’s scale and market leadership.

FBC Holdings also recorded a robust performance over the same period, reporting profit before tax of ZWL 692.6 million and total income of ZWL 2.8 billion. The bank operates with the US dollar as its functional currency, aligning transactional activity efficiently. FBC’s total assets reached ZWL 23.6 billion, and customer deposits grew to ZWL 15.7 billion. The group’s strategic focus on digitalisation and fee income contributed significantly to this growth, demonstrating how operational strategy can influence performance across Zimbabwe’s banking sector.

Stanbic Bank Zimbabwe published strong half-year results ending June 2025, with after-tax profit of ZWL 682.2 million. This performance highlights the bank’s steady growth, supported by a strong corporate and transactional franchise. Similarly, smaller listed banks such as ZB and NMB have demonstrated resilience. ZB improved quarterly profits and strengthened capital positions, while NMB showed growth in deposits, loans, and fee income, supported by digital channels. Overall, Zimbabwe Bank Performance Insights indicate that the sector is benefiting from renewed customer activity and higher transactional volumes.

CBZ’s standout performance is anchored in its market share and scale. Its leadership in deposit mobilisation drives higher non-funded income from transaction fees, account services, and payment volumes. The group’s diversified subsidiary portfolio adds fee income and stabilises interest margin volatility. Additionally, CBZ’s strategy of broadening long-term deposits has helped maintain funding cost stability and supported robust asset growth.

Also Read ~ Zimbabwe Launches Big River Cleanup to Repair Illegal Mining Damage

Other banks performed strongly using varied strategies. FBC emphasised digitalisation and automation, expanding fee income while reaching a broader customer base. Prudent credit growth and liquidity management further strengthened profitability. Stanbic leveraged its corporate and investment franchise to collect substantial transactional fees and benefit from lending spreads in select segments. ZB and NMB focused on cost control, retail deposit growth, and channel expansion to capture daily banking flows efficiently.

Sector drivers explain the variations in performance. Income mix is a critical factor, with banks generating higher non-funded income from fees outperforming those relying heavily on interest margins. Currency management and inflation control also matter, with banks adopting clear functional currency policies or managing FX exposures effectively showing reduced profit volatility. Digital capabilities are increasingly decisive. Banks that scaled payment platforms, digital wallets, and online banking increased transaction volumes and reduced cost-to-serve. Deposit mobilisation and liquidity management affect funding costs and lending capacity, while prudent provisioning and asset quality influence net profitability across the sector.

Looking forward, Zimbabwe Bank Performance Insights suggest that banks with diversified income, strong deposit franchises, and digital distribution are best positioned to leverage improving macroeconomic conditions. Recovery in agriculture, higher export receipts, and easing energy constraints will likely support loan growth and transaction volumes. However, credit risk and foreign exchange exposure remain areas requiring careful management. Investors should monitor capital ratios, non-performing loan trends, and progress on local currency stability alongside payout policies.

In conclusion, CBZ’s nine-month results highlight the bank’s scale and income diversity, while FBC, Stanbic, ZB, and NMB delivered resilient performances through digital innovation, deposit growth, and disciplined credit management. Zimbabwe Bank Performance Insights underscore that income mix, strategic execution, and operational breadth are critical to leadership in the sector. Banks combining strong retail franchises, diversified fee income, and robust risk management will likely drive the industry in 2026 and beyond.

---

Article by Billy Makore