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HomeDaily NewsTuesday, May 26, 2026Family Bank Posts Sh1.6bn Q1 Profit on Strong Lending Growth - May 2026
Business & Economy3 stories from 1 sources

Family Bank Posts Sh1.6bn Q1 Profit on Strong Lending Growth - May 2026

Family Bank reported a significant increase in its first-quarter net profit, reaching Sh1.6 billion, a 52.6 percent rise compared to the previous year. This follows I&M Group announcing a 19% increase in Profit After Tax, reaching KES 5.0 billion in Q1 2026. Meanwhile, HF Group Plc has rebranded to HFCB, consolidating its parent company and subsidiaries into a single identity to streamline operations and market presence. The banking sector shows strong performance metrics across multiple institutions.

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Tuesday 9:12 AMCapital BusinessFirst

Family Bank Posts Sh1.6bn Q1 Profit on Strong Lending Growth

Family Bank Posts Sh1.6bn Q1 Profit on Strong Lending Growth

Family Bank has reported a significant increase in its first-quarter net profit, reaching Sh1.6 billion, a 52.6 percent rise compared to the previous year.

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Key Highlights

Family Bank has reported a significant increase in its first-quarter net profit, reaching Sh1.6 billion, a 52.6 percent rise compared to the previous year.

  • Net profit surged to Sh1.6 billion from Sh1.0 billion in the first quarter ended March 2026.
  • The bank, led by Chief Executive Officer Nancy Njau, saw its loan book expand by 12.6 percent to Sh108.3 billion.
  • This strong performance precedes Family Bank's planned listing on the Nairobi Securities Exchange, following a successful private placement.
Tuesday 11:26 AMCapital Business

HF Group consolidates subsidiaries under new HFCB identity

HF Group consolidates subsidiaries under new HFCB identity

HF Group Plc has rebranded to HFCB, consolidating its parent company and subsidiaries into a single identity to streamline operations and market presence.

Read Story

Key Highlights

HF Group Plc has rebranded to HFCB, consolidating its parent company and subsidiaries into a single identity to streamline operations and market presence.

  • Reported a 250 percent increase in profitability to Sh1.6 billion in FY2025.
  • The rebrand involves the financial services and property group, HF Group Plc, now known as HFCB.
  • The move aims to unify its banking, property, and financial services under one brand, enhancing brand consistency and market positioning, according to Group Chief Executive Officer Robert Kibaara.
Tuesday 1:46 PMCapital Business

I&M Group reports 19% profit growth to Sh5.0 billion in Q1 2026

I&M Group reports 19% profit growth to Sh5.0 billion in Q1 2026

I&M Group has announced a significant 19% increase in its Profit After Tax, reaching KES 5.0 billion in the first quarter of 2026.

Read Story

Key Highlights

I&M Group has announced a significant 19% increase in its Profit After Tax, reaching KES 5.0 billion in the first quarter of 2026.

  • Profit After Tax grew to Sh5.0 billion, up from Sh4.2 billion year-on-year.
  • The key organization is I&M Group.
  • Further gains were seen in total revenue, which rose 24% to Sh16.1 billion, and a substantial 31% growth in net interest income.
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