Family Bank has announced a net profit jump of 56 percent in the first nine months of the year. The Family Bank Q3 2025 net profit covering the period to September 30 came in at Sh3.59 billion.
In the same period the previous year, the lender had realized a net profit of Sh2.3 billion. The Sh3.59 billion net profit was derived from a profit before tax of Sh4.49 billion.
The bank’s assets increased by 24.1 percent in the period to stand at Sh202.6 billion while customer deposits went up by 15.3 percent to close the period at Sh146.8 billion. In the nine-month period for the 2024 financial year, Family Bank’s assets had stood at Sh163.2 billion while customer deposits had stood at Sh127.3 billion.
At the same time, net interest income stood at Sh10.9 billion. This represented a gain of 43 percent. Non-interest income came in at Sh3.8 billion which was equivalent to a growth of 14.4 percent.
Loans and advances to customers went up to Sh103.7 billion. This was a growth of 10.1 percent from the 94.21 billion that the lender had dispersed to customers in loans and advances in the same period the previous year.
Family, which became a fully-fledged commercial bank in May 2007, is currently preparing to list on the Nairobi Securities Exchange (NSE). This listing is expected to be by way of introduction.
This means that the lender will list its existing shares for trading on the local securities market without raising new capital as would happen with an Initial Public Offer (IPO). This listing is expected to happen in 2026.
In October 2025, Family received shareholder approval to list on the NSE during its Extraordinary General Meeting (EGM) event.
“We have taken time to prepare, to build value, and to ensure that when we list, it is from a position of strength. This listing is not just about prestige but about creating long-term value for our shareholders and positioning the Bank for sustainable growth,” Board Chairman Lazarus Muema said.
READ MORE: Family Bank ready for NSE listing after shareholders’ approval
Did you love the story? You can also share YOUR story and get it published on Bizna Click here to get started.