Republic Financial Holdings Limited (RFHL) has demonstrated robust financial performance in its first fiscal quarter, reporting substantial growth across key metrics. Chairman Yashmid Karamath revealed the Group achieved $89 million in profit attributable to equity holders for the three-month period ending December 31, marking a significant $7 million (8.9%) increase compared to the $82 million recorded during the same period in the previous financial year.
The financial institution’s total assets reached $19.6 billion as of December 31, representing a $1.1 billion (6%) expansion over December 2024 figures. This asset growth was primarily driven by increased lending activity across RFHL’s subsidiary network, despite persistent economic headwinds in certain operational markets.
Karamath attributed the strong quarterly results to ‘steady core earnings, supported by stable asset quality and disciplined cost management.’ He emphasized the Group’s ‘robust capital and liquidity positions’ which provide a solid foundation for sustained future expansion.
Reflecting this positive performance, RFHL’s board declared a quarterly interim dividend of $0.08 per share, maintaining the same distribution rate as the previous year. The dividend will be payable on February 27, 2026, to shareholders of record as of February 13, 2026.
Regarding strategic direction, Karamath highlighted the Group’s continued advancement of key initiatives focused on strengthening operational efficiency, enhancing customer experience, and investing in digital transformation capabilities. ‘We remain focused on sustainable growth,’ he stated, ‘ensuring that innovation and expansion align with our long-term value creation objectives and our commitment to sound governance.’
The Chairman expressed gratitude to RFHL management and staff for their professionalism and dedication, and thanked shareholders for their ongoing trust. He also acknowledged the contributions of former Chairman Vincent A. Pereira, recognizing his ‘exemplary leadership, commitment and outstanding service to the Board and the organisation during his tenure.’