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| NCBA Group Managing Director, John Gachora. |
NAIROBI, Kenya; August 6, 2026 – NCBA Group PLC has reported a 12.2 per cent increase in profit after tax to KES 12.4 billion for the six months ended June 30, 2026, reflecting resilient business growth, strong customer activity, and continued investment in technology and regional expansion.
The Group's operating income increased by 15.1 per cent to KES 40.7 billion, while profit before tax rose 14.3 per cent to KES 15.5 billion, underlining the strength of its diversified banking and financial services business across East Africa.
The Board also declared an interim dividend of KES 3.75 per share, up from KES 2.50 paid during the corresponding period in 2025, rewarding shareholders with a higher payout following the improved financial performance.
Strong Balance Sheet Growth
NCBA continued to strengthen its balance sheet during the first half of the year, with customer deposits rising 11.0 per cent to KES 551 billion, while total assets grew 11.5 per cent to KES 739 billion.
The Group also maintained robust digital momentum, disbursing KES 819 billion in digital loans, representing a 26.9 per cent year-on-year increase, highlighting the growing adoption of its digital lending platforms.
Although operating expenses increased modestly by 5.1 per cent to KES 19.5 billion, provisions for credit losses rose to KES 5.2 billion from KES 3.2 billion a year earlier, reflecting the Group's prudent approach to managing risks in the current operating environment.
CEO Highlights Resilient Performance
Commenting on the results, NCBA Group Managing Director John Gachora said the bank delivered a resilient performance despite a challenging operating environment characterized by inflationary pressures and cautious monetary policy across the region.
He attributed the strong results to disciplined execution of the Group's UBUNTU Strategy, which continues to drive healthy business volumes, improved margins, and sustained customer activity.
According to Gachora, NCBA maintained strong balance sheet momentum through disciplined lending while keeping non-performing loans at 10.5 per cent, significantly below Kenya's banking industry average of 15.3 per cent.