Kingdom Bank has recorded a major increase in profits, posting a 59 per cent rise in net earnings for the year ended December 31, 2025.
The growth comes as the bank extended more loans, attracted higher customer deposits, and opened new branches across the country, strengthening its presence in both urban and regional markets.
The lender, a subsidiary of the Co-operative Bank Group, reported that operating income rose to Ksh 3.7 billion, compared to Ksh 2.7 billion in 2024. Both interest and non-interest income contributed to the growth. Net interest income, earned from loans and investments, climbed 28 per cent to Sh2.7 billion, while non-interest income, including fees, commissions, and other services, jumped 55 per cent to nearly Sh1 billion.
“The results demonstrate Kingdom Bank’s strong growth trajectory, driven by its focus on flexibility, convenience and affordability,” the management said. “The bank remains focused on delivering sustainable value to its customers, shareholders and stakeholders while strengthening its position in the Kenyan banking sector.”
Lending, Deposits, and Branch Expansion
Kingdom Bank saw its loan portfolio grow significantly, with net loans and advances rising 58 per cent to Sh22.19 billion. Customer deposits increased 39 per cent to Ksh 29.74 billion, reflecting rising confidence in the bank’s products. Total assets rose 24 per cent to Ksh 51.17 billion, while gross earnings edged up five per cent to Ksh 1.13 billion.
The bank continued its physical expansion, opening four new branches in 2025 in Bungoma, Kariobangi, Tom Mboya Street, and Embu, bringing its total network to 27 branches. The growth in branches is complemented by digital banking services, which allow customers to access loans, make payments, and manage accounts remotely.
Growth Strategy and Social Impact
Kingdom Bank’s strong 2025 performance is the result of strategic investments over several years. Since being acquired by the Co-operative Bank Group in 2020, the bank has focused on serving small and medium-sized businesses, enhancing digital services, and offering more retail products. By 2023, total assets had reached around Ksh 36.7 billion, and pre-tax profits were Ksh 1.08 billion, setting the stage for the current surge in earnings.
The bank also launched its first secondary school scholarship programme in 2025, supporting 40 students and demonstrating a commitment to community impact. Looking ahead, Kingdom Bank plans to continue expanding its branches, strengthening digital banking, and improving operational efficiency while maintaining a focus on convenience and affordable services for both retail and SME clients.
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