Billions Each Top Kenyan Bank Has Made So Far in Profits This Year [LIST]

Top Kenyan banks listed on the Nairobi Securities Exchange (NSE) have published their Q3 2025 financial results, offering a glimpse into how the country’s largest lenders are performing amid tough economic conditions. 

The reports reveal how each bank fared in profitability, asset growth, loan performance, customer deposits, and strategic shifts across different markets.

Equity Group remains Kenya’s most profitable bank after posting a record Ksh54.1 billion Profit After Tax (PAT), followed by KCB Group, which posted Ksh47.3 billion PAT for the same period.

The Kenya Times has compiled a detailed summary of the profits and key financial highlights from each lender for the period.

Equity Group — Ksh54.1 billion

Equity Group posted a record Ksh54.1 billion profit after tax in the first nine months of the year, a 32% surge from Ksh40.9 billion in the same period last year. The strong performance was powered by diversified income streams, improved efficiency, and notable contributions from regional subsidiaries.

Net interest income rose 16%, reflecting improved lending margins, while non-interest income expanded 3% driven by growth in digital transactions and trade finance activities. The Group’s cost-to-income ratio improved to 50.6%, signalling more cost-efficient operations across markets.

Asset quality also strengthened, with Non-performing Loans (NPL) coverage rising to 71.4% and cost of risk contained at 1.9%. Equity Bank Kenya recorded a standout performance with PAT rising 51% to Ksh31.1 billion, supported by a 27% increase in net interest income and a major reduction in interest expenses.

Also Read: Equity Unveils Digital Academy with Free Online Courses and Certifications Targeting 600,000 Youth

Total Group equity grew 36% to Ksh171.4 billion, while the regional markets continued to expand, with Equity BCDC in DRC reporting 19% loan growth and Equity Bank Rwanda growing loans by 34%.

KCB Group — Ksh47.3 billion

KCB Group made Ksh47.3 billion in profit for the nine months to September 2025, sustained by rising revenue streams, efficient cost management, and solid contributions from regional subsidiaries.

Total assets stood at Ksh2.04 trillion, even after completing the sale of National Bank of Kenya (NBK), while gross loans increased to Ksh1.24 trillion on the back of credit expansion in agriculture, construction, manufacturing, and energy.

Net interest income rose 12.4% to Ksh104.3 billion, while non-interest income reached Ksh45.1 billion, accounting for just over 30% of total revenue. Growth in non-funded income was held back by lower foreign exchange earnings and reduced transaction activity in TMB DRC following branch closures.

Operating expenses grew by only 2%, improving the cost-to-income ratio to 46.2%. KCB also reduced its NPL ratio from 18.5% to 17.8%, driven by recoveries and the exit from National Bank of Kenya (NBK). The Group remains well capitalised, with core capital at 17% and total capital at 19.6%.

Co-operative Bank — Ksh21.56 billion

Co-operative Bank posted Ksh21.56 billion in PAT, a 12.3% year-on-year uplift that extended its decade-long profitability streak. Strong interest income performance drove results, with net interest income jumping 22.8% to Ksh45.28 billion, forming the bulk of its Ksh67.38 billion operating income.

The bank’s balance sheet continued to expand, with total assets rising to Ksh815.27 billion, customer deposits increasing to Ksh548.58 billion, and net loans growing to Ksh406.52 billion.

However, rising loan impairment pressures led to gross NPLs rising 12.7% to Ksh78.93 billion, prompting the bank to ramp up provisions by 31.9% to Ksh7.36 billion. The bank declared its first-ever interim dividend of Ksh1.00 per share, signalling confidence in the sustainability of its earnings.

Absa Bank Kenya — Ksh16.9 billion 

Absa Bank reported a profit after tax of Ksh16.9 billion, a 14.7% increase compared to the same period last year. The lender continued to grow its balance sheet, with total assets rising 14.4% to Ksh554.3 billion and customer deposits increasing 9.2% to Ksh384.3 billion.

Net interest income fell 4.6% to Ksh33 billion, mainly due to pressure on lending margins, but this was offset by an 11.2% rise in non-interest income driven by higher fee and commission earnings.

Loan loss provisions dropped by 39.6% to Ksh4.8 billion, reflecting improved asset quality. Although loans and advances slipped slightly by 0.6% to Ksh309.7 billion, the bank maintained strong operating momentum across core business units.

NCBA Group — Ksh16.4 billion

NCBA posted Ksh16.4 billion in PAT, up 8.5% year-on-year. Operating income grew 13.8% to Ksh53.4 billion, while loan loss provisions increased to Ksh5.1 billion.

Total assets stood at Ksh665 billion, and customer deposits closed at Ksh488 billion. The Group also disbursed Ksh1 trillion in digital loans over the period.

I&M Group — Ksh12.7 billion

I&M Group achieved Ksh12.7 billion in PAT, representing a 27% increase. Total assets rose to Ksh640 billion, deposits grew to Ksh456 billion, and loans expanded to Ksh302 billion.

The Group recorded a 21% rise in both net interest income and non-funded income, while its NPL burden fell 27% to Ksh10 billion. The board approved an interim dividend of Ksh1.50 per share.

Stanbic Bank — Ksh9.38 billion

Stanbic Bank reported Ksh9.384 billion in profit, reflecting a 7.47% decline driven by weaker non-interest revenue. Net interest income increased to Ksh20.5 billion, while non-interest income fell sharply to Ksh7.82 billion.

Also Read: Stanbic Bank Announces Leadership Changes

The bank reduced its loan loss provisions to Ksh2.5 billion, with gross NPLs also improving. Total assets stood at Ksh476.2 billion, and deposits at Ksh343.8 billion.

Prime Bank — Ksh4.4 billion

Prime Bank posted a Ksh4.4 billion profit, a 29.5% year-on-year increase. Net interest income surged by 52% to Ksh6.97 billion, while deposits rose 15.6% to Ksh156.7 billion. Its loan book remained largely flat at Ksh56.2 billion, and gross NPLs dropped by 18.3%, indicating improved asset quality.

Sidian Bank — Ksh1.47 billion

Sidian Bank posted one of the strongest turnaround performances, recording Ksh1.47 billion in PAT — a 470% increase.

The bank’s assets rose sharply to Ksh95 billion, deposits expanded to Ksh77.9 billion, and non-interest income jumped 146% to Ksh2.9 billion. Net interest income also grew 55%, while loan loss provisions rose to Ksh1 billion.

Follow our WhatsApp Channel and X Account for real-time news updates.