KCB Group has crossed KSh100 billion in half-year operating income for the first time, becoming the second Kenyan banking group to reach the milestone after Equity Group.
For the six months ended June 2026, KCB’s operating income rose 9.5% to a record KSh108.09 billion, while profit before tax increased 20.8% to KSh49.32 billion.
Consolidated profit after tax grew 14% to KSh36.87 billion from KSh32.33 billion, while profit attributable to shareholders increased 14.5% to KSh36.07 billion. The Group’s balance sheet also expanded 16.8% to KSh2.30 trillion.
The performance was supported by lower funding costs, stronger fee and commission income, improved cost efficiency and lower credit impairment charges. Net interest income rose 7% to KSh74 billion, while non-interest income increased 15.4% to KSh34.08 billion.
Asset quality also improved, with gross non-performing loans declining to KSh203.83 billion from KSh221.07 billion and the NPL ratio falling to 15.1% from 18.7%.
The KCB board raised the interim dividend by 50% to KSh3 per share, translating to a payout of KSh9.64 billion, as the Group continues to expand lending, digital services and regional operations.
