National Bank of Kenya (NBK), now a wholly owned subsidiary of Access Bank PLC, has posted strong financial results for the year ended 31 December 2025, demonstrating remarkable growth in profitability, strengthened capital, and improved asset quality following its integration into the Access Group.
Profit before tax surged 178 percent to KShs 2.91 billion from KShs 1.05 billion in 2024, while profit after tax grew 125 percent to KShs 2.39 billion from KShs 1.06 billion.
The impressive gains were driven by disciplined execution of turnaround strategies, improved operational efficiency, and a continued focus on strengthening the balance sheet. Net interest income rose to KShs 10.3 billion, supported by a 33 percent reduction in interest expenses, while operating costs declined to KShs 8.49 billion.
Allowances for expected credit losses dropped 37 percent to KShs 1.5 billion, reflecting enhanced asset quality and prudent risk management.
George Odhiambo, Managing Director of NBK, said, “The 2025 financial performance underscores the success of our strategic repositioning and provides a solid foundation for future growth.
This strong profitability not only reinforces the bank’s stability but also enhances confidence among investors, clients, and stakeholders.”
The bank’s balance sheet also strengthened during the period, with customer deposits rising to KShs 106 billion from KShs 98 billion and total equity increasing to KShs 17 billion from KShs 13.4 billion.
Net loans and advances stood at KShs 51 billion, reflecting a more risk-adjusted lending strategy and acquisition-related asset transfers. These improvements ensured full compliance with regulatory capital requirements and positioned NBK for sustainable, long-term growth.
The year 2025 marked a key milestone for NBK, its first full reporting period under Access Bank PLC ownership.
The acquisition enabled the bank to streamline operations, adopt enhanced risk management frameworks, and optimize its funding structure, contributing directly to improved financial performance.
The launch of the W Initiative further demonstrated NBK’s commitment to inclusive growth, supporting women entrepreneurs and professionals through tailored financial solutions, advisory services, and capacity-building programs.
Looking ahead to 2026, NBK plans to leverage its strengthened capital base and improved asset quality to accelerate growth, expand its loan portfolio, enhance digital services, and continue delivering sustainable value to clients, shareholders, and the broader economy. The bank’s 2025 results highlight not only a successful turnaround but also the growing confidence in NBK’s ability to drive financial inclusion, economic development, and investor trust across Kenya.
