Demerara Bank Reports $9.82 Billion After Tax Profit for FY Ended September 30, 2026

According to the Guyana Times, Demerara Bank Limited (DBL) achieved After Tax Profits of $9.82 billion for the fiscal year that concluded on September 30, 2026. This profit level reflects a 16.8 per cent increase when compared to the $8.41 billion that was recorded in 2025. The Group's Profit Before Tax expanded by 20.6 per cent to $13.36 billion, up from $11.07 billion in the preceding year. DBL demonstrated robust profitability indicators, reporting a Return on Average Assets (ROAA) of 3.6 per cent and a Return on Equity (ROE) of 25 per cent. Additionally, the Group’s deposit market share reached approximately 20 per cent, reflecting increasing customer confidence and the continued expansion of its banking relationships.

DBL's loans and advances grew by 26 per cent to reach $158.51 billion, compared to $126.02 billion in the prior year. During the financial year, Demerara Bank provided an additional $32.49 billion in credit, which the bank stated reflects its increasing role in supporting Guyana’s economic development through financing for sectors such as housing, agriculture, manufacturing, services, and other productive economic areas.

Over the last five years, the Group's lending portfolio has expanded by approximately 172 per cent, amounting to an increase of $100.32 billion. During this period, Demerara Bank accounted for around 33 per cent of the total lending growth within the commercial banking industry, elevating its lending market share from 17.7 per cent in 2022 to approximately 25 per cent in 2026. Customer deposits also saw a significant rise of 27.6 per cent to $265.53 billion, contrasting with $208.15 billion in 2025, which substantially outperformed the industry's deposit growth of about 15 per cent. Total Group assets increased by 26.8 per cent to $307.36 billion, surpassing the $300 billion mark for the first time.

Despite the considerable expansion of its lending portfolio, Demerara Bank maintained zero non-performing loans for the fifth consecutive year. The Group's technological advancements included the deployment of Salesforce Financial Services Cloud, automated account origination, digital customer onboarding, and the introduction of new mobile and internet banking platforms.

At its meeting on October 21, 2026, the Board of Directors approved the Group’s audited consolidated financial statements. The Board proposed a final dividend of $3.75 per share, which brings the total dividend for the year to $4.75 per share, marking an 18.8 per cent increase over the $4.00 dividend paid in 2025. The Group's Chief Executive Officer, Dowlat Parbhu, stated that DBL's progress illustrates a deliberate strategy focused on expanding financial accessibility, backing productive economic activity, and utilizing technology to provide banking services that are faster, more efficient, and customer-focused.

For the 2027 financial year, the Group's stated priorities involve expanding responsible lending, reinforcing customer relationships, speeding up digital adoption, and further improving service delivery.