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JMMB Group Limited has posted a net profit of J$3.74 billion and J$25.2 billion in net operating revenue for the 2024/25 financial year, representing a 6 per cent increase compared to the previous year. The performance reflects the Group’s ability to maintain steady earnings amid high interest rates and global economic challenges.
At its 12th annual general meeting, JMMB reaffirmed its commitment to sustainable growth through its Smart Growth Strategy, which focuses on capital-efficient expansion, diversified income sources, and prudent risk management. Earnings per share stood at J$1.80, and the Group signaled plans to increase dividends by at least 20 per cent annually over the next three years.
CEO Keith Duncan highlighted the company’s resilience, noting that its client-first lending approach has helped cushion customers from volatile market conditions. Meanwhile, Chairman Dr Archibald Campbell reiterated JMMB’s mission to empower communities and strengthen financial inclusion.
The Group is also progressing on two major real estate projects—Harbour Street and The Haughton—with construction scheduled to begin in late 2025. Despite ongoing costs tied to Jamaica’s asset tax, JMMB remains focused on long-term value creation, supported by J$60.11 billion in equity and robust liquidity buffers.
JMMB’s continued profitability and strategic diversification reaffirm its role as a leading regional financial player, combining stability, innovation, and social responsibility.