KCB Group has announced a record KShs.13 billion dividend payout after reporting a net profit of KShs.32.3 billion for the first half of 2025, an 8% rise from KShs 29.9 billion last year
The payout comprising both an interim and a special dividend marks the largest mid-year reward to shareholders in the bank’s history, reflecting KCB’s resilience and strong performance in a tough economic climate
Regional and Non-Banking Growth
The Group sustained its focus on deepening and leveraging regional scale to catalyse ongoing economic transformation and deliver value to shareholders, customers and other stakeholders.
Subsidiaries outside KCB Bank Kenya continued to turn in stronger performance, with their profit before tax making up 33.4% of the overall Group earnings, and 31.4% of the balance sheet. PBT contribution from non-banking entities KCB Investment Bank, KCB
Asset Management and KCB Bancassurance Intermediary Limited was up to 2.1% from 1.8% a similar period last year.
Total assets remained stable at KShs1.97 trillion, despite NBK sale in the second quarter of the year, demonstrating the Group’s capacity and capability to support its customers across the seven countries where KCB operates in.
The Group’s loan portfolio grew to KShs.1.18 trillion, representing a 2.8% growth (12% rise excluding the impact of NBK), supported by new business across subsidiaries.
Revenue and Digital Expansion
Total revenue rose 4.3%, driven by higher interest income of KShs 69.1 billion. Non-funded income made up 29.9% of total revenue.
The Group launched a new AI-powered mobile app in Kenya on August 11, offering instant self-onboarding and a range of banking services.
Cost Control and Asset Quality
Operating costs rose slightly by 2.4%, while non-performing loans dropped to 18.7% from 19.2%.
The Group maintained strong capital and liquidity ratios above regulatory requirements.
Shareholder Value
The strong financial fundamentals enabled the Group to deliver stronger value to shareholders. Return on Equity (ROAE) stood at 22.2% while Return on Assets (ROA)of 3.3%.
Total equity attributable to shareholders was up by 27.3% from KShs.241.0 billion to KShs.306.8 billion.
Looking Ahead
KCB Chairman Dr. Joseph Kinyua said the Group will continue to focus on people, the planet, and growth despite regional uncertainties.
“The strong half year performance and the projected trajectory of the business has allowed us a great bandwidth to propose a historic special and interim dividend to shareholders”
Key Developments
- Completed sale of NBK to Access Bank.
- Opened 6 new branches in Kenya, Tanzania, and Rwanda.
- Rolled out a new KCB mobile app that switches with your “Mode”
- Issued KShs 26.9B in green loans in Kenya and Tanzania.
- Group screened loans worth KShs. 133.2B under Environmental and Social Due Diligence in Kenya, Rwanda, Tanzania and Uganda.
- Supported sports, community programs, and environmental initiatives.
- Won multiple international awards, including African Bank of the Year.
- Group CEO, Paul Russo was honored with a Special U.S. Congressional Commendation from the State of Georgia,
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