First National Bank Botswana (FNBB) shareholders will take home less dividend this year as the bank posts slower performance and adopts a cautious outlook. The total dividend declared for 2025 is 33 thebe per share, down 33% from last year.
Acting CFO Mr. Orapeleng Senwelo told investors and analysts during the presentation of results that the board approved a final dividend of 15 thebe per ordinary share, adding to an interim dividend of 18 thebe declared mid-year. Last year, shareholders received a total of 43 thebe per share.
“The decision on the dividend was carefully considered. We took into account many factors, including economic challenges, and the need to ensure the bank remains well-capitalised for the future,”
Mr Senwelo said.
He added: “At the same time, we recognise that our shareholders expect a return on the profits made. This is why the final dividend is lower at 15 thebe per share.”
FNBB said it continues to maintain strong capital ratios to safeguard its operations and protect stakeholders, even during economic ups and downs.
The bank reported a profit of P1.44 billion for 2025, growing by a modest 4% as income from lending slowed.
