Dfcu Limited reported a net loss of Shs15.8 billion (approximately US$4.3 million) for the six months ended 30 June 2026, a sharp reversal from the Shs34.5 billion (approximately US$9.3 million) profit recorded in the same period last year.
The deterioration in profitability was primarily attributed to costs and provisions associated with the ongoing legal dispute involving Crane Bank, which is being adjudicated in London courts.
The half-year results highlight the financial strain of cross-border litigation on the Ugandan lender.
While the bank continues to operate its core banking business, the significant legal exposure has eroded capital buffers and raised questions about near-term liquidity management.
Investors are closely monitoring how the bank intends to fund its legal defense and whether further provisions will be required as the case progresses.
The loss marks a challenging period for dfcu, which had previously benefited from strong growth in the East African banking sector.