Harare, Zimbabwe – March 30, 2026 – First Capital Bank Limited Zimbabwe, a subsidiary of FMBcapital Holdings plc and listed on the Victoria Falls Stock Exchange (VFEX), has announced a remarkable 52% increase in Profit After Tax to US$30 million for the financial year 2025. This achievement is attributed to the bank’s disciplined strategy execution, operational efficiency, and a stabilising macroeconomic environment.
Total Assets registered a 12% growth. Customer Deposits grew by 12%, while loans and advances increased by 14%. The company declared a dividend of USD0.90 cents, up from USD0.66 cents in FY2024.
“Our performance reflects a clear strategic focus, prudent market expansion, and a responsive business model,” said Tapera Mushoriwa, Chief Executive Officer. “We are well-positioned for continued growth, driven by our strong risk management and sustainable value creation.”
60,000+ new individual accounts and 1,000+ new corporate accounts were onboarded during the financial year.
The company deployed 16 new Automated Teller Machines (ATMs) nationwide to enhance access.
Strategic funding lines from EIB and Afreximbank were leveraged to support key sectors of the economy.
The cost-to-income ratio improved to 47% (from 63% in FY2024).
The company has gained recognition, being awarded Bank of the Year 2025 by the Financial Times (United Kingdom) and Best Investor Returns in 2025 by the Old Mutual Top Companies Survey 2025.
The bank’s strong performance has attracted international investor interest, with its share price responding positively to FY2025 results.
