First National Bank Botswana (FNBB) projects a profit before tax increase of 10% to 15% for the period ending 31 December 2024. This translates to a profit bump of between P88 million and P132 million.
For the period ended 21 December 2023, FNB's profit before tax was P839 million, meaning the bank projects an increase to more than P1 billion when it releases the results on or around March 4th 2024.
For the year ended 31 June 2024, FNBB, which is Botswana’s largest bank by customer base, recorded a profit before tax of P1.8 billion.