NCBA Group PLC has posted a net profit of KES 23.4 billion for the year ended 2025, supported by strong growth in digital lending, corporate banking, and regional expansion.
The performance marks a 7 per cent increase from KES 21.9 billion in 2024, with shareholders set to receive a 30 per cent higher dividend of KES 11.7 billion, up from KES 9.1 billion.
Digital banking remained the main growth driver, with digital loans rising 33 per cent to KES 1.4 trillion, while digital operations now contribute 32 per cent of total profitability.
NCBA also reported a 10.9 per cent rise in profit before tax to KES 27.9 billion, backed by a 17 per cent increase in operating income to KES 73.3 billion.
Total assets grew to KES 716 billion, while customer deposits rose 6 per cent to KES 532 billion, although provisions for credit losses jumped 46.3 per cent to KES 8.0 billion.
The lender attributed growth to its expanded branch network, stronger corporate banking performance, and continued dominance in asset finance, which remains above 30 per cent market share.
The results also mark the end of NCBA’s 2020–2025 strategy, with the bank now shifting focus to its new “Ubuntu Strategy” targeting SME banking, wealth management, insurance, and regional expansion.
The Group said its Kenya banking unit remained the main profit driver, contributing 82 per cent of earnings, while regional and non-banking subsidiaries continued to grow steadily.
NCBA further highlighted the proposed Nedbank stake acquisition as a key move expected to strengthen capital, enhance global access, and support future expansion.
Group Managing Director John Gachora said the results reflect disciplined execution and position the lender for its next phase of growth.
