KCB Group Posts KShs. 47.3 Billion Q3 Net Profit, Assets Clock KShs. 2.04 Trillion
KCB Group PLC announced a strong financial performance for the nine months ended September 2025, posting a profit after tax of KShs. 47.3 billion. The results were driven by a higher income and prudent cost management, despite a challenging operating environment.
The Group’s balance sheet expanded by 2.6% to KShs. 2.04 trillion. Crucially, when excluding the impact of the National Bank of Kenya (NBK) sale in May 2025, the balance sheet grew by a robust 10.9%, demonstrating the Group’s capacity for sustained growth.
The Group’s regional and non-banking subsidiaries were vital to the performance, contributing 35.0% to the overall Profit Before Tax (PBT) and 31.3% of the total balance sheet. Non-banking units saw exceptional growth, with KCB Investment Bank’s PBT jumping 90% to KShs. 230 million.
Group Chief Executive Officer Paul Russo highlighted the Group’s resilience noting “Despite a tough operating environment in all our markets, we have delivered a strong performance showing the resilience of the Group. We continue to execute our business strategy anchored on ‘Transforming Today Together’.”
Total revenue grew by 4.5% to KShs. 149.4 billion, propelled by a 12.4% rise in net interest income. Costs were tightly controlled, growing by only 2.0%, below the inflation rate, which improved the cost-to-income ratio to an efficient 46.2%.
The Group’s strategic focus on key economic drivers resulted in a 7% increase in gross loans and advances to KShs. 1.24 trillion. Asset quality showed improvement, with the Non-Performing Loan (NPL) ratio dropping to 17.8% from 18.5%, benefiting from recovery actions and the NBK sale. KCB maintained strong capital and liquidity buffers, well above regulatory minimums.
KCB announced key strategic moves, including an agreement to invest in a minority stake in Pesapal Limited to accelerate digital commerce across Africa. The Group also partnered with Afreximbank to provide US$ 800 million in initial funding for investors in the Vipingo Special Economic Zone. Furthermore, the bank’s commitment to sustainability was clear, having disbursed KShs. 53.2 billion in green loans, growing its cumulative green portfolio to 21.3%.
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