Executive Summary on CRDB Bank Q3 Financial Results

CRDB Bank Group delivered a robust financial performance for the quarter ended 30 September 2025, marked by double-digit growth in profitability, sustained balance sheet expansion, and contained credit risk indicators. The Group continues to benefit from strong loan book growth, expanding interest income, disciplined cost management, and resilient capital adequacy.

Key highlights include:

• Profit after tax rose to TZS 520.5 billion, up 27% year-on-year
• Total assets expanded to TZS 20.46 trillion, a 28% YoY increase
• Gross loans and advances reached TZS 12.83 trillion
• Customer deposits grew to TZS 13.75 trillion
• Non-performing loan (NPL) ratio remained contained at 3.24%
• Return on average equity (ROAE) strengthened to 29.0%

These results reinforce CRDB’s position as one of Tanzania’s strongest and most consistently profitable banking groups.

CRDB Bank Q3 2025 Profitability Analysis: Earnings Momentum Remains Strong

Profit After Tax Surges 27% YoY CRDB Bank Group reported a profit after tax of TZS 520.5 billion for the nine months ended September 2025, compared with TZS 408.9 billion in the same period of 2024

This growth was driven by:

• Strong expansion in net interest income

• Rising non-interest revenue, particularly fees and commissions

• Improved operating efficiency despite higher staff and operating costs

CRDB Bank Q3 2025 Earnings Per Share (EPS)

• Basic EPS increased to TZS 199, up from TZS 157 in the prior year
• Quarterly EPS stood at TZS 67, reflecting strong shareholder value creation

Income Statement Breakdown

Interest Income and Net Interest Margin

• Interest income: TZS 1.41 trillion (YTD), up from TZS 1.12 trillion
• Net interest income: TZS 989.9 billion, a 23% increase YoY

The improvement reflects:

• Expansion in the loan book
• Higher yields from government securities
• Effective repricing of assets amid tightening liquidity conditions

Net interest income to average earning assets improved to 8.3%, indicating sustained margin strength

CRDB Bank PLC Q3 2025 Non-Interest Income Growth

Non-interest income rose to TZS 506.8 billion, up from TZS 396.4 billion, driven by:

• Fees and commissions: TZS 396.5 billion
• Foreign currency dealings: TZS 85.2 billion
• Digital banking, trade finance, and payment services remained key contributors

This diversification reduces reliance on interest income and enhances earnings resilience.

Cost Management and Operating Efficiency

• Non-interest expenses: TZS 643.6 billion

• Cost-to-income ratio: improved to 43.0%, from 45.6% previously Despite inflationary pressures, CRDB maintained disciplined cost control while continuing to invest in:

• Branch network expansion

• Technology and digital platforms

• Human capital development

CRDB Bank PLC Q3 2025 Balance Sheet Analysis: Scale and Stability

Total Assets Cross TZS 20 Trillion CRDB Bank Group’s total assets increased to TZS 20.46 trillion, compared with TZS 16.05 trillion in September 2024, representing a 28% YoY increase

Key asset drivers:

• Loans and advances: TZS 12.83 trillion

• Government securities: TZS 2.72 trillion

• Strong liquidity buffers at the Bank of Tanzania

CRDB Bank’s Loan Book Expansion

• Gross loans and advances: TZS 12.83 trillion

• Loans-to-assets ratio: 62.7%

• Loans-to-deposits ratio: 93.6%

Loan growth was supported by:

• SME and corporate lending

• Retail and consumer finance

• Trade finance and infrastructure-linked projects

CRDB Bank Deposit Base Remains Strong

• Customer deposits: TZS 13.75 trillion

• Quarterly deposit growth: 0.9%

• Year-on-year deposit growth: 16.7%

The stable deposit base provides low-cost funding and supports balance sheet resilience.

CRDB Bank PLC Q3 2025 Asset Quality: Credit Risk Well Managed

Non-Performing Loans (NPLs)

• NPLs: TZS 426.0 billion

• NPL ratio: 3.24% (within regulatory comfort levels)

Provisioning Coverage

• Allowances for probable losses: TZS 185.0 billion

• Conservative provisioning continues to protect earnings against downside credit risk Overall, asset quality remains robust despite macroeconomic uncertainties.

CRDB Bank Capital Adequacy and Shareholders’ Funds

Strong Capital Position

• Shareholders’ funds: TZS 2.55 trillion

• Equity-to-assets ratio: 12.5%

• Retained earnings increased to TZS 2.21 trillion

CRDB remains well capitalised to support future growth, regulatory buffers, and dividend sustainability.

CRDB Bank Q3 2025 Cash Flow and Liquidity Position

• Net cash from operating activities (YTD): TZS 193.2 billion

• End-period cash and equivalents: TZS 2.87 trillion

Liquidity remains adequate to fund lending activities and meet regulatory requirements.

Operational Scale and Network Growth

• Employees: 4,480
• Branches: 264 (up from 255)
• Continued expansion reflects confidence in long-term growth prospects and financial inclusion strategy

CRDB Bank Key Performance Ratios at a Glance

Outlook: What Investors Should Watch

Looking ahead, CRDB Bank Group is well positioned to sustain earnings momentum, supported by:

• Expanding loan demand
• Continued digital banking growth
• Stable macroeconomic environment in Tanzania
• Strong capital buffers and asset quality discipline

Key risks to monitor include interest rate volatility, credit quality pressures, and regulatory changes, though current indicators suggest manageable exposure.

Conclusion

CRDB Bank Group’s Q3 FY2025 performance confirms its status as a leading banking franchise in Tanzania, combining scale, profitability, and balance sheet strength. For long-term investors and income-focused shareholders, CRDB continues to demonstrate consistent value creation underpinned by prudent risk management and strategic growth execution.