I&M Group Plc, a leading Eastern African lender with a presence in Kenya, Mauritius, Rwanda, Tanzania and Uganda, posted a net profit of KSh 19.8 billion in 2025 from KSh 15.9 billion the prior year, while the Group’s anchor business I&M Bank Kenya saw its net profit rise to KSh 6.04 billion in 2025 from KSh 4.7 billion in 2024.
The Group’s regional subsidiaries sustained a strong growth, contributing 24% of the Group’s overall performance.
The strong performance was driven by the I&M Group’s robust operating revenues across all markets, reflecting the continued success of its regional diversification strategy.
I & M Group Balance Sheet Size
In addition, I&M Bank maintained a resilient and high-quality income mix, and a solid balance sheet, with the Bank’s asset base maintaining upward momentum and rising 15% to KSh668.9 billion.
As the I&M Group accelerated the execution of its iMara 3.0 strategy anchored on supporting individuals and sectors driving East Africa’s economic growth, including Micro, Small and Medium Enterprises (MSMEs), loans and advances increased by 7% to KSh 306 billion during the period.
Revenue increased by 19% to KSh.60.3 billion, boosted by a 16% rise in net interest income to KSh.46 billion. At the same time, non-interest income increased by 31% to KSh.14.4 billion, owing to positive outcomes from the ongoing revenue diversification.
Specifically, I&M Group registered strong growth in Bancassurance and Wealth Management Business, with Assets Under Management growing by 223% to close at KSh 99 billion, driven by strong consumer demand for wealth solutions.
I&M Bancassurance Intermediary Limited also recorded strong growth, with underwritten premiums rising to KSh 4.7B in 2025 from KSh 2.8B in 2024, supported by an expanded client base.
Commission and interest income increased by 20% to KSh 549M in 2025, up from KSh 457M in 2024.
Customer deposits increased by 17% in the year to KSh.484 billion, allowing for further balance sheet expansion. Operating expenses increased by 19% on account of branch expansions, investment in brand-building initiatives and staff upskilling aimed at driving business growth.
I&M Group Regional CEO Kihara Maina said, “The Group’s strong performance is a clear testament to the growing strength, resilience and synergy of our operations across all our markets. It reflects the disciplined execution of our strategy and reinforces our confidence that we are delivering meaningful value for both our customers and shareholders. This momentum positions us firmly on the path toward our long-term ambition of becoming Eastern Africa’s leading financial partner for growth.”
During the period, I&M Group accelerated its innovation and digitization agenda through the launch of I&M FX Direct and enhancements to the OTG platform in Kenya, driving digital adoption to 98% of transacting customers.
The Group also invested KSh 404.7 million in its Community Investment Plan, demonstrating a strong commitment to shared prosperity across its markets. A significant portion of this investment (62%) was directed toward environmental conservation, resulting in the planting of over one million trees with a 85% survival rate, supporting climate resilience and biodiversity.
Additionally, the Group advanced human capital development by awarding 440 scholarships and supporting 95 learning institutions, while its economic empowerment programs reached 38,075 women and youth. Overall, its broader community initiatives positively impacted 348,930 lives, underscoring effective delivery of its social impact agenda.
The I&M Group Board recommended a final dividend of KSh 2.25per share, bringing the total dividend to KSh 3.75 per share – a 25% increase from 2024, reinforcing our commitment to delivering long-term and sustainable value to shareholders.
I&M Bank Kenya, the Group’s anchor business, reported 22% growth in total operating income year-on-year to KES 40.4B in 2025 from KES 33.1B in 2024, driven by 17% growth in net interest income (NII) and 41% growth in non-interest income (NFI) while the Profit Before Tax (PBT) increased by 29% to KSh 17.4B from KSh 13.5B in 2024.
Operating expenses rose 15% YoY, reflective of the continued investments to support business growth and the expansion of its branch network.
The Bank’s balance sheet remained resilient, with customer deposits growth of 15% despite the tight operating environment. Asset quality equally strengthened, with the gross NPA ratio declining from 14.3% in 2024 to 13.3% in 2025.
Kihara Maina, Interim CEO of I&M Bank Kenya and Group Regional CEO, said: “Our 2025 performance reflects the resilience of our customers and our commitment to supporting their growth ambitions. We focused on deepening our relevance by strengthening tailored propositions across Agribusiness, MSMEs, SACCOs, Chamas, Retail and Corporate Banking, while maintaining customer experience above global benchmarks.”
I&M Group Plc reported a 22% increase in pre-tax profit for the year ended December 31, 2025. The Group’s regional subsidiaries sustained a strong growth, contributing 24% of the Group’s overall performance.
The strong performance was driven by the I&M Group’s robust operating revenues across all markets, reflecting the continued success of its regional diversification strategy.
In addition, I&M Bank maintained a resilient and high-quality income mix, and a solid balance sheet, with the Bank’s asset base maintaining upward momentum and rising 15% to KSh668.9 billion.
As the I&M Group accelerated the execution of its iMara 3.0 strategy anchored on supporting individuals and sectors driving East Africa’s economic growth, including Micro, Small and Medium Enterprises (MSMEs), loans and advances increased by 7% to KSh 306 billion during the period.
Revenue increased by 19% to KSh.60.3 billion, boosted by a 16% rise in net interest income to KSh.46 billion. At the same time, non-interest income increased by 31% to KSh.14.4 billion, owing to positive outcomes from the ongoing revenue diversification.
Specifically, I&M Group registered strong growth in Bancassurance and Wealth Management Business, with Assets Under Management growing by 223% to close at KSh 99 billion, driven by strong consumer demand for wealth solutions.
I&M Bancassurance Intermediary Limited also recorded strong growth, with underwritten premiums rising to KSh 4.7B in 2025 from KSh 2.8B in 2024, supported by an expanded client base.
Commission and interest income increased by 20% to KSh 549M in 2025, up from KSh 457M in 2024.
Customer deposits increased by 17% in the year to KSh.484 billion, allowing for further balance sheet expansion. Operating expenses increased by 19% on account of branch expansions, investment in brand-building initiatives and staff upskilling aimed at driving business growth.
I&M Group Regional CEO Kihara Maina said, “The Group’s strong performance is a clear testament to the growing strength, resilience and synergy of our operations across all our markets. It reflects the disciplined execution of our strategy and reinforces our confidence that we are delivering meaningful value for both our customers and shareholders. This momentum positions us firmly on the path toward our long-term ambition of becoming Eastern Africa’s leading financial partner for growth.”
During the period, I&M Group accelerated its innovation and digitization agenda through the launch of I&M FX Direct and enhancements to the OTG platform in Kenya, driving digital adoption to 98% of transacting customers.
The Group also invested KSh 404.7 million in its Community Investment Plan, demonstrating a strong commitment to shared prosperity across its markets. A significant portion of this investment (62%) was directed toward environmental conservation, resulting in the planting of over one million trees with a 85% survival rate, supporting climate resilience and biodiversity.
Additionally, the Group advanced human capital development by awarding 440 scholarships and supporting 95 learning institutions, while its economic empowerment programs reached 38,075 women and youth. Overall, its broader community initiatives positively impacted 348,930 lives, underscoring effective delivery of its social impact agenda.
The I&M Group Board recommended a final dividend of KSh 2.25per share, bringing the total dividend to KSh 3.75 per share – a 25% increase from 2024, reinforcing our commitment to delivering long-term and sustainable value to shareholders.
I&M Bank Kenya, the Group’s anchor business, reported 22% growth in total operating income year-on-year to KES 40.4B in 2025 from KES 33.1B in 2024, driven by 17% growth in net interest income (NII) and 41% growth in non-interest income (NFI) while the Profit Before Tax (PBT) increased by 29% to KSh 17.4B from KSh 13.5B in 2024.
Operating expenses rose 15% YoY, reflective of the continued investments to support business growth and the expansion of its branch network.
The Bank’s balance sheet remained resilient, with customer deposits growth of 15% despite the tight operating environment. Asset quality equally strengthened, with the gross NPA ratio declining from 14.3% in 2024 to 13.3% in 2025.
Kihara Maina, Interim CEO of I&M Bank Kenya and Group Regional CEO, said: “Our 2025 performance reflects the resilience of our customers and our commitment to supporting their growth ambitions. We focused on deepening our relevance by strengthening tailored propositions across Agribusiness, MSMEs, SACCOs, Chamas, Retail and Corporate Banking, while maintaining customer experience above global benchmarks.”
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