NMBZ Holdings reported a 337% surge in profit after tax to ZiG343.89 million for the six months ended June 30, 2026, up from ZiG78.70 million recorded in the prior year period, driven by total asset expansion and growing contributions from its regional fintech and microfinance acquisitions.

The financial services group’s total assets grew by 40% to reach ZiG13.09 billion during the period under review, up from ZiG9.35 billion at the end of December 2025.

The group’s net interest income surged by 84% to ZiG453.55 million compared to ZiG246.42 million in the half-year ended June 30, 2025, while total operating income rose 34% to ZiG1.29 billion from ZiG964.73 million.

Gross loans and advances expanded by 60% to ZiG6.81 billion from ZiG4.27 billion recorded in December 2025, supported by customer deposits growing to ZiG6.12 billion.

The group maintained a capital adequacy ratio of 19.46%, comfortably surpassing the regulatory minimum of 12%, while its non-performing loan ratio declined to 2.69%.

During the period under review, the company expanded its regional footprint through the acquisition of a 96.29% equity interest in Zambian deposit-taking microfinance institution Pulse Financial Service, trading as EFC Zambia.

From its consolidation date through June 30, 2026, EFC Zambia contributed ZiG50.49 million in net operating income and ZiG27.73 million in profit after tax to the group.

NMBZ Holdings Chairman Pearson Gowero attributed the strong financial metrics to favorable operating conditions and focused execution across the group’s subsidiaries.

“The operating environment across the Group’s core markets of Zimbabwe and Zambia remained broadly favourable during the first half of 2026, characterised by moderating inflation, greater exchange rate stability and resilient economic activity,” Gowero said.

“The board is encouraged by this performance, delivered against a backdrop of continued investment in initiatives aimed at strengthening and diversifying the group’s earnings base and supporting sustainable long-term growth.”

Gowero added that the company expects operating conditions to remain stable through the second half of the year.

“”Our strategic priorities remain the successful integration of EFC Zambia and the disciplined pursuit of growth while preserving asset quality and a strong capital base,” he noted.

NMBZ Holdings Chief Executive Officer Gerald Gore highlighted operational advancements in digital transformation, regional presence, and physical network expansion.

“We remained focused on growing the loan book prudently while preserving asset quality, diversifying our income streams and improving operational efficiency through continued investment in digital technologies, automation and artificial intelligence,” Gore said.

The group’s basic earnings per share rose to 77 ZiG cents from 18 ZiG cents in the comparative 2025 period, while headline earnings per share stood at 54 ZiG cents.