The Co-operative Bank of Kenya has reported its highest-ever profit, posting KSh29.75 billion for the year ending December 2025.
This is a 16.9 per cent increase from the KSh25.46 billion the bank made in 2024, showing steady growth despite a tough economic environment.
The bank said its strong performance was driven by higher earnings and growth in key areas of its business. Profit before tax rose to KSh40.3 billion, up from KSh34.8 billion the previous year.
A big part of the growth came from interest earned on loans, which increased significantly. Net interest income rose by nearly 22 per cent to KSh62.85 billion.
At the same time, the bank continued to attract more customers, with deposits growing to KSh576.5 billion. Loans issued to customers also went up, reaching KSh421 billion, a sign that more people and businesses are still borrowing.
The bank’s total assets also grew, rising to KSh827.4 billion.
Even as income increased, costs were kept under control. Operating expenses grew at a slower rate, helping the bank remain efficient in its operations.
The strong results have allowed the bank to propose a higher dividend for its shareholders. It plans to pay KSh2.50 per share, up from KSh1.50 last year.
A large portion of this payout is expected to go to members of the co-operative movement, which has millions of members across the country.
Digital banking also played a big role in the bank’s performance. The bank said more than 90 per cent of transactions are now done through channels such as mobile banking, internet banking and agents.
During the year, the lender also increased support for small businesses by offering digital loans. It disbursed more than KSh72 billion through digital lending platforms, with part of this going to small and medium-sized businesses.
The bank’s subsidiaries, including its investment and insurance units, also recorded growth and contributed to the overall performance.
Group Managing Director and CEO Gideon Muriuki said the results show the bank’s business model remains strong and stable.
Looking ahead, the bank says it will continue to focus on digital services, supporting small businesses and growing its customer base to maintain its performance.
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