Malawian billionaire Thom Mpinganjira’s FDH Bank pays $6.7 million dividend in 2025

FDH Bank, a wholly owned subsidiary of FDH Financial Holdings Limited and founded by Malawian billionaire Thom Mpinganjira, is set to reward its shareholders with a final dividend payout of $6.67 million for the 2025 fiscal year.

The payout reflects the lender’s focus on rewarding investors following an impressive financial performance in 2025, driven by robust growth in interest income, fueled by an expanded loan book and increased holdings in government securities, alongside a strong rise in non-interest income from higher fees, commissions, and transaction volumes.

While the Blantyre-based lender’s dividend declined by 66.99%, it reflects the impact of its acquisition of a 98.87% controlling stake in Ecobank Mozambique SA (EMZ) from Ecobank Transnational Incorporated (ETI), completed on Sept. 5, 2025.

The MWK1.68 ($0.00097) per share dividend, which amounted to a total payout of MWK11.59 billion ($6.67 million), compared to MWK35.13 billion ($20.17 million) the previous year, after the year-end, on January 14 2026, the Bank declared its second interim dividend of MWK7.25 ($0.0042) per share, which was paid on February 12 2026.

FDH’s profit jumps nearly 100% in 2025

FDH Bank posted impressive results for 2025, with a 99.55% increase in profit, from MWK74.06 billion ($42.54 billion) in 2024 to MWK147.8 billion ($84.96 million). This performance was driven by a 71% surge in revenue, which grew to MWK333 billion ($191.23 million), particularly thanks to net interest income, which increased by 82% to MWK257 billion ($147.57 million), driven by robust growth in the loan book, despite challenging macroeconomic conditions.

Customer deposits increased by 27% from MWK883 billion ($507.91 million) to MWK1.13 trillion ($647.11 million). Non-interest income increased by 43%, mainly driven by higher fees and commission income. Total income grew by 71%, supported by strong growth in both interest and non-interest income streams. 

Mpinganjira family leadership

Founded in 2008, FDH Bank has become a top player in Malawi’s financial sector. After Thom Mpinganjira stepped down in 2020 following a bribery scandal tied to the 2019 presidential election, his son, William Mpinganjira, assumed leadership of FDH Financial Holdings.

Under William’s leadership, total assets rose 31.78% to MWK1.64 trillion ($939.4 million) at the end of December, up from MWK1.24 trillion ($712.88 million) a year earlier. Growth was fueled primarily by an increase in the loan book by 65% and Government Securities by 49%.

Total equity rose 155.7% to MWK249.07 billion ($143.03 million), up from MWK97.41 billion ($55.94 billion), underscoring stronger capital buffers and improved balance sheet resilience. These impressive figures reinforce FDH’s standing as a leading financial institution in Malawi, reflecting its ability to scale assets, deepen lending activity, and sustain robust capital growth despite a challenging macroeconomic environment.