Co-op Bank to pay interim dividend as Q3 net profit soars to Sh21.6 billion

The Co-operative of Kenya has declared an interim dividend following the release of its Q3 2025 results. The interim dividend has come riding on the back of a Q3 net profit that soared by 12.3 percent to Sh21.6 billion.

The Q3 net profit of Sh21.6 billion that Co-op Bank posted for the period that concluded on September 30, 2025 was an improvement from the Sh19.2 billion that the bank had posted in the same period the previous year. The net profit was derived from a profit before tax of Sh30.03 billion, which was an improvement of 4.4 percent from the previous period’s Sh26.78 billion.

During the period, the bank’s total assets grew by 8.6 percent to Sh815.3 billion from the Sh750.78 billion that was recorded in the same period the previous year.

At the same time, customer deposits soared by 6.7 percent to Sh548.6 billion. In the previous period, customer deposits had come in at Sh513.98 billion.

Loans and advances to customers increased by 6.6 percent to Sh406.5 billion. Loan loss provision went up by 31.9 percent to Sh7.4 billion. Net interest income grew by 22.8 percent to Sh45.3 billion while non-interest income came in at Sh22.1 billion.

Over the same period, shareholder funds expanded by 24.5 percent to stand at Sh164.2 billion from the Sh131.83 billion that had been realized by the bank as at September 30, 2024.

For the shareholders, the interim dividend that the bank announced will see shareholders of Co-operative Bank pocket Sh1 per share by December 4, 2025.

“The directors have approved payment of an interim dividend of Sh1 for every ordinary share held. 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,” the Co-op Bank’s Board of Directors said in a statement.

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