The parent company for Republic Bank, Republic Financial Holdings Limited (RFHL), has announced that the group has recorded net profit of US$349 million for the year ended September 30, 2026, which represents an increase of 5.8% compared to last year.
The company’s total assets also grew to US$20.3 billion, while earnings per share increased to US$2.13, compared with US$2.01 in the previous year. The Group maintained strong capital and liquidity positions, providing a solid foundation to support future growth and withstand potential economic challenges.
In a release, the Chairman of the Bank, Yashmid Karamath, attributed the increase to core banking revenues and operational efficiencies.
“Our 2026 performance was underpinned by growth in core banking revenues, contributions from our insurance and investment businesses, and continued focus on operational efficiency. Throughout the year, we continued to invest in digital transformation initiatives, process enhancements, and customer-focused solutions designed to strengthen service delivery and improve the overall client experience across our markets,” the Chairman noted.
Based on the performance, the Board of Directors has declared a final dividend of US$0.62 per share, bringing the total dividend to US$0.94 per share for the fiscal year (2025: US$0.90), an increase of 5% or US$0.04, over the previous year.
With a closing share price of US$16.92, this equates to a dividend yield of 5.57% (2025: 5.63%). The Group’s capital adequacy ratios remain healthy across all countries and at the consolidated level. The final dividend will be paid on December 4, 2026, to shareholders on record as of November 20, 2026.
“The Group continues to maintain its commitment to prudent risk management and sound corporate governance. These principles remain central to our long-term success and are critical to sustaining the confidence of our customers, regulators, shareholders, and the communities we serve,” the Chairman stated.
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