Co-operative Bank of Kenya has reported a profit before tax of KSh 40.3 billion for the year ended December 31, 2025, marking a 15.8 per cent increase from KSh 34.8 billion posted the previous year.
The lender said this is its strongest performance so far, pointing to gains made under its 2025–2029 “Good to Great” strategy and the “Soaring Eagle” transformation agenda.
During the year, total assets grew by 11.32 per cent to KSh 827.4 billion, up from KSh 743.3 billion in 2024. The group now ranks among the region’s largest financial institutions, with five subsidiaries: Kingdom Bank Ltd, Co-optrust Investment Services Ltd, Co-op Bancassurance Intermediary Ltd, Kingdom Securities Ltd, and Co-op Bank of South Sudan. It also holds a 24.8 per cent stake in CIC Insurance Group and a 25 per cent stake in Co-op Bank Fleet Africa Leasing Ltd, a joint venture with South Africa’s Super Group.
Its network spans 217 branches in Kenya and six in South Sudan, supported by 616 ATMs and cash deposit machines, as well as more than 16,000 Co-op Kwa Jirani agents. The bank also maintains links with over 15 million members in the co-operative movement across Africa.
The bank has proposed a final dividend of KSh 1.50 per share, bringing the total payout to KSh 2.50 per share after an earlier interim dividend of KSh 1.00. This represents a 67 per cent increase from the KSh 1.50 paid in the 2024 financial year. The final dividend will be subject to shareholder approval at the Annual General Meeting scheduled for May 2026.
Also, the board has agreed to the adoption of a Non-Operating Holding Company (NOHC) status in line with the provisions of the Banking Act and the requirements of the Central Bank of Kenya.
According to the reforms, the bank’s name will be changed from The Co-operative Bank of Kenya Ltd to Co-opBank Group PLC and will function as a non-operating holding company which will remain quoted in the Nairobi Securities Exchange. In addition, there will be a subsidiary called Co-op Bank Kenya Ltd responsible for carrying out its banking business in Kenya.
The financial institution has stated that the new structure will be useful for future expansion, effective governance, and further developments in terms of venturing into other financial services.
The restructuring of The Co-operative Bank of Kenya Ltd requires approval from the stakeholders during the Annual General Meeting slated for May 2026.
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