The Co-operative Bank of Kenya has announced a 16.9 growth in full net year profit. This has seen the Co-op Bank full year 2025 net profit rise to Sh29.75 billion from the previous year’s Sh25.46 billion.
During the year under review, the bank’s total assets increased by 11.32 percent to Sh827.4 billion from the previous year’s Sh743.3 billion as the bank eyes for the Sh1 trillion asset base milestone.
Customer deposits in the period increased by 13.28 percent to Sh576.5 billion while loans and advances grew by 12.65 percent to Sh421 billion.
At the same time, shareholder funds increased by 13.82 percent to Sh165.5 billion. This was supported by a strong Sh15.1 billion increase in retained earnings.
Net interest income grew by 21.99 percent to Sh62.85 billion while operating income increased 13.93 percent to Sh91.89 billion.
“This is the best-ever performance by the bank. It underscores the significant gains made under the 2025-2029 Good to Great Strategy and the Soaring Eagle Transformative Agenda,” said Co-op Bank Managing Director and Chief Executive Officer Dr. Gideon Muriuki.
According to Dr. Muriuki, the bank will continue to focus on digital transformation, financing for micro small and medium enterprises, and sustainable banking as part of its long-term strategy.
The bank further announced that through its digitization strategy, over 90 percent of all customer transactions are currently being processed through alternative delivery channels.
“Our omni-channel platform across mobile, internet and USSD continues to support seamless and efficient service delivery, complemented by an extensive distribution infrastructure comprising of over 60,000 Co-op Kwa Jirani agents, 620 ATMS, and Cash Deposit Machines, ad a 24-hour contact centre,” said Dr. Muriuki.
Parallel to digital banking, the bank has maintained a network of 222 branches. This comprises of 189 Co-op Bank Kenya branches, 6 branches in South Sudan, and 27 branches under Kingdom Bank which is a subsidiary of the banking group. In the year under review, the bank opened up to 12 new branches in its expansion drive.
During the year under review, the bank extended its support for small businesses by onboarding over 259,000 micro small businesses onto MSMEs packages specifically designed to support small businesses.
At the same time, over 71,000 small businesses were supported in the year under review through capacity-building and training initiatives.
“MSMEs remained a key segment for the Group, accounting for 16.8 percent of the bank’s loan book and 23.4 percent of customer deposits. This reflected strong engagement across both lending and transactional relationships,” said Dr. Muriuki.
Following this performance, the banking group has announced that it shall be paying shareholders a final dividend of Sh1.50 per share. This dividend pay will the total dividend payout for the full year 2025 to Sh2.50 per share. Earlier in the year, the bank had paid out an interim dividend of Sh1 per share.
The total of Sh2.50 per share now represents a total growth of 67 percent in dividend pay from the Sh1.50 per share that was paid out in the full year 2024.
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At the same time, the proposed dividend will amount to a total pay of Sh14.67 billion, out of which the 15-million member cooperative movement is expected to receive an estimated Sh9.47 billion.
