Wednesday, August 13, 2025
spot_img
spot_img

KCB shareholders to pocket Sh4 per share dividend; 2025 half year net profit hits Sh31.5bn

KCB shareholders are set to pocket Sh4 per share dividend. This was announced on Wednesday August 13, 2025, when the bank released its 2025 half year results.

This dividend is made up of Sh2 per share interim dividend and an additional special dividend of Sh2 per share derived from the sale of the National Bank of Kenya (NBK).

“This is split between Sh2 for the interim and Sh2 special out of the sale of NBK. All that amounts to a payout of just under Sh13 billion. I think that’s the largest interim dividend that KCB has ever paid,” KCB Group finance director Lawrence Kimanthi said, adding that part of the money the Group got from sale of NBK will be allocated towards capitalizing its Tanzania operations.

Co-Op post

The bank also announced that in the first six months of 2025, it had returned a net profit of Sh31.5 billion. This 2025 half year net profit was a growth 7.9 percent from the Sh29.2 billion that the lender had recorded in the same period the previous year.

The bank further announced that subsidiaries outside Keny now contribute 33.4 percent of the total Group profits and 31.4 percent of the balance sheet.

At the same time, non-banking arms, KCB Investment Bank, KCB Asset Management, and KCB Bancassurance grew their profit before tax share to 2.1 percent up from 1.8 percent last year in the six month period under review.

NCBA

In the same period, KCB Group’s total revenue grew 4.3 percent, boosted by higher net interest income that rose to Sh69.1 billion, from 61.3 billion.

KCB Group posts Sh16.53 Billion Q1 profit, strengthens regional footprint and digital drive

Interest income from customer loans increased on the back of improved yields and loan volumes in the period.

Total assets dipped by 0.4 percent to Sh2 trillion while customer deposits dipped 0.3 percent to Sh1.5 trillion.

The bank however recorded a 6.1 percent gain in loans and advances to Sh1.1 trillion while net interest income increased by 12.7 percent to Sh69.1 billion. Gross non-performing loans inched up by 4.2 percent  to Sh221.1 billion.

“As we navigate the second half of the year, we see opportunities in expanding trade corridors, digital banking penetration, and regional integration,” said Dr. Joseph Kinyua, KCB Group Chairman.

In the same vein, KCB chief executive officer Paul Russo noted that the bank continued to have the largest footprint in the region and is also eyeing more expansion.

“We are monitoring the developments in Ethiopia and doing sufficient evaluation… We are on course with our strategy. At the end of the day, we just have to get our customer experience right,” said Russo.

spot_img
680,250FansLike
6,900FollowersFollow
6,447FollowersFollow
9,120FollowersFollow
2,260SubscribersSubscribe

Latest Stories

spot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Stories

error: Content is protected !!