The Co-operative Bank of Kenya has announced its 2025 financial results, highlighting a strong mix of social impact, digital transformation, and record financial performance.
Co-operative Bank of Kenya posted a record KSh29.75 billion profit after tax for the full year 2025, marking a 16 percent increase from KSh25 billion recorded the previous year.
In the 2025 financial year, the Co-operative Bank Foundation, the social impact arm of the Co-op Bank, continued to deepen its commitment to education and community development.
Co-op Bank Foundation Awards Scholarships to 11,834 Students
According to the bank’s 2025 financial results, more than 11,834 students have benefited from the Foundation’s scholarship program since its inception in 2007, with a 96% completion rate and more than 90% successfully transitioning to university.
The Foundation’s scholarships cover school fees, books, uniforms, and other key educational requirements, helping students to complete their studies and pursue further opportunities.
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The program has grown significantly over the years, becoming one of the largest corporate-backed scholarship initiatives in the country.
In addition to its education efforts, Co-operative Bank strengthened the co-operative movement in FY2025 by supporting 3,879 co-operative advisory mandates, reflecting its broader mission to enhance governance, capacity, and sustainability within co-operative societies and related enterprises.
Co-op Bank Customers Go Digital as 90% of Transactions Move Online
According to the results released on Thursday, customers are increasingly opting for digital channels to meet their banking needs, with over 90 percent of all transactions now processed outside traditional banking halls.
Mobile banking, internet platforms, and USSD services have become essential tools for customers seeking convenience and efficiency.
This widespread adoption has transformed how customers interact with the bank, enabling them to send money, pay bills, access credit, and manage accounts instantly.
The shift has also allowed the bank to handle high transaction volumes efficiently while maintaining service quality.
The digital ecosystem is further supported by a 24-hour contact center, ensuring customers can access assistance at any time.
Co-op Bank continues to maintain a strong physical presence in the country to support customer needs.
The bank’s network includes over 16,000 Co-op Kwa Jirani agents for cash deposits, withdrawals, and other services.
Additionally, more than 620 ATMs and cash deposit machines are available across the country, offering customers easy access to cash and self-service options.
Customer Activity Drives Profit to Record KSh30 Billion
Cooperative Bank said its strong performance has been driven by increased customer activity, including higher savings, borrowing, and uptake of digital and credit services.
Customer activity remained a key driver of the bank’s growth, with deposits rising 13 percent to KSh576.5 billion, indicating stronger savings and increased trust in the lender.
At the same time, loans and advances grew by 12.7 percent to KSh421 billion, reflecting higher demand for credit from both businesses and individuals.
Net interest income rose by 22 percent to KSh63 billion, driven by the expansion in lending, while overall operating income increased by 14 percent to KSh92 billion.
Digital lending also saw significant uptake, with E-credit disbursements reaching KSh73 billion during the year.
Of this, KSh10.4 billion was extended to micro, small, and medium enterprises (MSMEs), with the bank onboarding over 259,000 MSMEs into its ecosystem.
The bank’s reach continued to expand across customer segments, including more than 22,000 Diaspora Banking customers.
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Shareholders’ funds rose by 13.8 percent to KSh165.5 billion, supported by retained earnings growth of KSh15 billion.
Higher Shareholder Returns and Strong Subsidiary Performance
Co-op Bank has proposed a dividend of KSh2.50 per share, up from KSh1.50 in the previous year, representing a 67 percent increase in total shareholder payout.
The proposed dividend translates to a total payout of KSh14.7 billion, compared with the KSh8.8 billion previously paid.
The bank’s subsidiaries also recorded strong growth during the period.
Co-op Trust Investment Services posted a 142 percent increase in profit to KSh936 million, while Co-op Bancassurance reported a 24 percent rise in profit to KSh1.5 billion.
Co-op Bank South Sudan registered a sharp jump in profit from KSh11 million to KSh236 million.
