KCB Group has posted a Ksh. 32.33 billion profit after tax for the first half of 2025. This represents an 8.05% rise from Ksh. 29.2 billion realized in a similar period last year.
The rise in profitability was on the back of a 1.99% rise in Net interest income to KSh 70.57 billion, driven by a 6.10% expansion in the loan book to KSh 1.095 trillion. On the other hand, Non-interest income declined 11.40% to KSh 29.53 billion due to softer trading income and reduced transactional fees. With operating income rising by 4.28% to KSh 98.67 billion as revenue growth outpaced expense.
Operating expenses increased 2.35% to KSh 57.84 billion, reflecting higher staff costs, inflationary pressures, and ongoing investments in technology.
The bank’s total assets sit at KSh 1.969 trillion, a marginal decline of 0.40% year-on-year. Customer deposits have dipped 0.34% to KSh 1.486 trillion, reflecting tighter liquidity in some markets. Total equity surged 27.31% to KSh 306.83 billion, boosted by retained earnings and fair value gains.
Gross non-performing loans rose 4.24% to KSh 221.07 billion, with continued pressure in specific corporate and SME sectors. The NPL ratio remained manageable, supported by provisioning and recovery initiatives.
Subsidiaries outside KCB Bank Kenya contributed 33.4% of the overall Group earnings, and 31.4% of the balance sheet. PBT contribution from non-banking entities—KCB Investment Bank, KCB Asset Management and KCB Bancassurance Intermediary Limited was up to 2.1% from 1.8% a similar period last year.
The Board of Directors recommended an interim dividend of KShs.2.00 per share for the 2025 period and a further special dividend of KShs 2.00 per share (in relation to the sale of National Bank of Kenya). This means shareholders will get a payout of KShs.13 billion, the largest interim payment and first ever special dividend in the Bank’s history.
| Metric | H1 2025 | H1 2024 | YoY % |
|---|---|---|---|
| Net Interest Income | 70.57 Bn | 69.19 Bn | +1.99% |
| Non-Interest Income | 29.53 Bn | 33.33 Bn | -11.40% |
| Operating Expenses | 57.84 Bn | 56.51 Bn | +2.35% |
| Operating Income | 98.67 Bn | 94.62 Bn | +4.28% |
| Profit Before Tax (PBT) | 40.83 Bn | 38.11 Bn | +7.14% |
| Profit After Tax (PAT) | 32.33 Bn | 29.92 Bn | +8.05% |
| Total Assets | 1.969 Tn | 1.977 Tn | -0.40% |
| Total Equity | 306.83 Bn | 241.01 Bn | +27.31% |
| Customer Deposits | 1.486 Tn | 1.491 Tn | -0.34% |
| Loans and Advances (Net) | 1.095 Tn | 1.032 Tn | +6.10% |
| Gross NPLs | 221.071 Bn | 212.082 Bn | +4.24% |
| Earnings per Share (EPS) | 19.61 | 18.15 | +8.04% |
| Dividend per Share (DPS) | 4.00 | 1.50 | +166.67% |