KCB Group reports KES 68.4B net profit for 2025

KCB Group, East Africa's largest lender by assets, reported a KES 68.4 billion ($530 million) net profit for 2025, up 11% from 2024. Cost cuts and the sale of National Bank of Kenya (NBK) to Nigeria's Access Bank for KES 3.18 billion ($24.5 million) boosted earnings despite slow revenue growth and persistent loan defaults. Operating costs fell 3% to KES 90.5 billion ($698 million) after NBK's disposal and spending discipline. Total assets grew 9.3% to KES 2.15 trillion ($16.6 billion), while gross loans increased 16% to KES 1.25 trillion ($9.7 billion). Digital lending and mobile transactions drove activity, with loans via mobile channels rising 30% to KES 1.1 billion ($8.5 million) daily. Subsidiaries outside Kenya accounted for 30% of profits, reflecting regional diversification. The board proposed a final dividend of KES 3 ($0.023) per share, bringing total 2025 payout to KES 7 ($0.054) per share.

SOURCE: https://techcabal.com/2026/03/11/kcb-reports-530-million-profit-after-nbk-sale-lifts-earnings/