RFHL Records Us$160 Million In Half-Year Profits

Port of Spain, Trinidad, April 30, 2026: Yashmid Karamath, Chairman of Republic Financial Holdings Limited (RFHL), announced today that the the Group delivered a solid financial performance for the first half of the 2026 financial year, recording US$160 million in profits attributable to its equity holders, an increase of US$8 million or 5.4% over the US$152 million recorded in the same period of the prior year. Total assets stood at US$20 billion at March 31, 2026, an increase of US$1 billion or 5.5% above the total assets as at March 31, 2025. This growth was mainly driven by growth in the loans and investments of the Group. This outcome reflects the resilience of our Group, the disciplined execution of our strategy, and the continued trust placed in us by our customers and stakeholders.

In presenting the results Mr. Karamath shared, “Despite this positive momentum, the operating environment across our markets remained challenging. Geo-political uncertainty, economic headwinds, inflationary pressures, tighter liquidity conditions, and uneven growth trajectories have impacted government, consumer and corporate activity across the countries in which we operate. These factors have required careful navigation, particularly in managing credit risk and maintaining prudent capital and liquidity positions, while the Group’s diversified portfolio provide inherent counterweights.”

Based on these results, the Board of Directors has declared a quarterly interim dividend of US$0.09 per share, which is the same as the prior year, payable on May 28, 2026, to shareholders on record as of May 15, 2026.

Mr. Karamath further noted, “We also continue to enhance our risk management frameworks, optimise our cost base, and invest in digital transformation to improve efficiency and customer experience.”

He added, “Looking ahead, we are mindful that the geo-political and economic environments will remain unpredictable in the short term. However, the Group remains well-positioned to navigate these uncertainties. Our strong capital base, robust governance, and clear strategic direction provide a solid foundation for sustainable growth. The Group remains committed to delivering long-term value to shareholders while supporting the communities and economies in which we operate.”

In closing Mr. Karamath said “On behalf of the Board, I would like to extend my sincere appreciation to our management team and staff for their dedication and professionalism, and to our customers, regulators, and shareholders for their continued confidence in the Group.”