Family Bank has announced a 62% increase in Profit After Tax to KES 3.7 billion for the six months ended June 30, 2026, up from KES 2.2 billion in the corresponding period last year.
The bank attributed the strong performance to balance sheet expansion, increased lending activity and disciplined cost management as it continues to implement its 2025–2029 strategic plan.
The results come shortly after Family Bank’s listing on the Nairobi Securities Exchange (NSE) in June 2026, marking its first major financial update as a listed bank.
Total assets increased by 24% to KES 238.9 billion, driven largely by increased lending to the private sector. During the period, the bank disbursed KES 35.6 billion to retail and micro, small and medium-sized enterprise (MSME) customers, while commercial customers received KES 15.2 billion in new financing.
Net Interest Income rose by 41% to KES 9.7 billion, supported by higher interest income from loans and advances to customers. The growth in lending was accompanied by a 20% rise in customer deposits, which reached KES 180.2 billion.
The increase in deposits was supported by the bank’s network optimization efforts and continued customer engagement, strengthening its funding base as it expanded credit to businesses and individual borrowers.
Family Bank CEO Nancy Njau said the results reflected the resilience of the business and the bank’s focus on executing its strategy.
She added that the bank will continue to prioritize retail, MSME, and commercial customers while investing in service delivery and building the foundations for sustainable long-term growth.
Operating expenses increased by 11% to KES 7.4 billion, with the rise attributed to investments in technology and people, as well as continued optimization of the branch network.
Despite the higher operating costs, the bank maintained strong capital and liquidity positions, with both ratios remaining above regulatory requirements.
The latest results underline the bank’s continued expansion as it enters a new phase following its NSE listing, with stronger lending, deposit growth and profitability providing momentum for the execution of its 2025–2029 strategy.
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