KCB (Kenya Commercial Bank) Group, a leading Kenyan regional lender with subsidiaries in Democratic Republic of Congo(DRC), Tanzania, Rwanda, South Sudan, Uganda and Burundi saw its Half-Year Net Profit grow 14% to KSh 36.9 billion at the close of the first six months ended June 30th 2026. This is compared to KSh 32.3 billion over a similar period in 2025.
The Group’s Pre-Tax Profit were up 20% to KSh 49.3 billion in H1 2026 compared to KSh 40.8 billion in H1 2025.
According to KCB Group financials, its subsidiaries contributed 27% of the Pre-Tax Profit. Net Interest Income increased to KSh 74.0 billion from KSh 69.1 billion a year earlier, while non-funded income grew 15% to KSh 34.1 billion.
KCB Group cut down its provisions for loan losses to KSh10.8 billion from KSh 12.5 billion in H1 2025.
In terms of Balance Sheet metrics, KCB Group saw Customer Deposits increase 15% to KSh 1,711 billion while Net Loans grew 13% to KSh 1,241 billion. The lender’s investment in Government Securities grew 22% to KSh 518 billion while borrowings were up 12% to KSh 89 billion.
Total assets in subsidiaries outside of KCB Bank Kenya were up by 21% with all subsidiaries registering double-digit growth in the year. Owing to diligent strategy execution, KCB saw its Balance Sheet size grow by 17% to KSh2.3 trillion.
The KCB Kenyan subsidiary contributed 17% to growth of the Group’s balance sheet or KSh 1,584 billion.
KCB Group loan book size and disbursements
The lender disbursed some KSh 1,348.6 billion in gross loans to various sectors, led by Personal/Household loans at KSh 44.2 billion, Agriculture KSh 33.6 billion, Energy and Water KSh 27.4 billion, Building and Construction KSh 19.6 billion, Real Estate KSh 15 billion, Trade KSh 10.2 billion, Manufacturing KSh 7.8 billion and Others KSh 9.4 billion. In H1 2025, the Group’s loan book size was worth KSh 1.181.4 billion.
Out of the KSh 1.3 trillion loan book size, the Kenyan unit disbursed KSh 86 billion to its customers, KCB Tanzania KSh 16.1 billion, KCB Uganda KSh 10.1 billion, KCB Burundi KSh 3 billion, KCB South Sudan KSh 1.4 billion.
The lender’s Non-performing loans portfolio shrunk to 15.1% in H1 2026 from 18.7% in h1 2025, attributable to targeted resolution initiatives, including recoveries, rehabilitations, full & final settlements, government engagements on associated entities, and strategic write-offs, measures which the lender says delivered positive outcomes.
KCB Group told investors in a briefing that sustained revenue generation capacity delivered KSh 108 billion in Total Income.
Total revenue grew by 10% supported by a 7% increase in net interest income and a 15% growth in non-funded income. There was a 5% decline in interest expense on customer deposits driven by strategic re-pricing of high-cost deposits and further supported by reduction in the cost of funds from 3.9% in H1 2025 to 3.4% in H1 2026.
The lender posted a 30% growth in lending fees driven by growth in loan volumes. The Group posted a 22% growth in foreign exchange income driven by increased volumes.
Interest income from loans grew 4% to KSh 73.6 billion and KSh 25.1 billion from Government Securities.
The Board of Directors approved an interim dividend of KSh 3.00 per share, or KSh 9.6 billion, to be paid on or about 10th November 2026, to shareholders on the Register of Members at the close of business on 2nd September 2026. This represents a 50% increase in interim dividend compared to 2025.
Leave a comment