Co-op Bank Net Profit For Q1 2023 Grows To Sh6.1B
The Co-operative Bank of Kenya recorded a 5.2% growth in its profit after tax to Ksh6.1 billion in first quarter of 2023, from Ksh5.8 billion the previous year
Record Loss Pushes Standard Group To The Brink
The Standard, had its loss balloon to Ksh1 billion for the period ending December 2022, from just Ksh22 million in 2021. It's the biggest loss in its over 120-year history.
Family Bank Profit Before Tax Jumps To Sh1.1B
Family Bank has recorded a Ksh1.05 billion Profit Before Tax for the first three months of 2022, marking a 43.7% growth in earnings up from Ksh728.8 million recorded in March 2021. The growth was primarily driven by net interest income which increased by 13.5 %...
Co-op Bank Delivers Strong Return To Investors As Q1 Profit Tops Sh7.78B
Co-op Bank Group has reported a profit before tax of Ksh7.78 billion for the first quarter of 2022, an impressive 56% growth from Ksh4.98 billion recorded in the first quarter of 2021. This represents a strong profit after tax of Ksh5.8 billion compared to...
Co-op Bank Q3 Profit Before Tax Jumps To Sh16.5B
Co-operative Bank Group has reported a profit before tax of Ksh16.5 billion for the period ending 30th September 2021, an impressive 20% growth compared to Ksh13.8 Billion in the same period of the previous year. Net profit hit Ksh11.6 billion up from Ksh9.8 billion...
Standard Group Headed Back To Profit Territory as Loss Shrinks
The company reported an improvement in revenue to Ksh1.6 billion at the end of June this year, from Ksh1.4 billion at the end of June last year, supported by improved performance in the various sectors of the economy.