The Co-operative Bank of Kenya has reported a profit of Ksh21.6 billion for its Q3 2025.
According to the statement released on Wednesday, November 12, the bank’s profit before tax reached KSh30 billion, representing a 12.1% increase compared to the same period last year.
Profit after tax stood at KSh 21.6 billion, marking a 12.3% increase.
Additionally, the value of the company’s total assets increased to KSh 815.3 billion, an 8.6% rise.
Loans and advances increased by 6.6% to KSh406.5 billion, while customer deposits grew to KSh548.6 billion, a 6.7% increase.
Co-operative Bank Declares Dividend
The Board of Directors has since approved an interim dividend of KSh 1.00 per share for all ordinary shareholders.
“The Directors have approved payment of an interim dividend of Ksh1.00 for every ordinary share held,” the Co-operative Bank statement read.
According to the statement, shareholders on the company’s register at the close of business on November 26, 2025, will be entitled to the dividend.
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Payments are scheduled to be made on or immediately after 4th December 2025, providing investors with a timely return on their investment.
“The interim dividend will be payable to the shareholders in the company’s register on the close of business on 26th November, 2025 (the closing date for determination of entitlements) and will be paid on or immediately after 4th December, 2025,” it noted.
Co-Operative Bank Subsidiary Announces Reduction in Interest Rates
Earlier, Kingdom Bank, a subsidiary of Co-operative Bank of Kenya, announced a reduction of its base lending rate from 15.5% to 15% per annum, effective November 1, 2025.
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This was after the Central Bank of Kenya (CBK) lowered the Central Bank Rate (CBR) by 25 basis points to 9.25%, a move aimed at stimulating private sector credit and supporting economic growth.
In a public notice, Kingdom Bank stated that the new effective lending rate for variable-rate facilities will be the revised base rate of 15% plus a margin ranging between 0.5% and 5%, depending on the individual customer’s credit profile.
The bank added that the rate cut was a move towards making credit more affordable, particularly for micro, small, and medium-sized enterprises (MSMEs), which form the backbone of Kenya’s economy.
“This reduction underscores our commitment to empowering growth in key sectors,” the statement read.
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