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HomeDaily NewsThursday, August 13, 2026KCB raises interim dividend 50pc to Sh3 on higher profit - August 2026
Business & Economy7 stories from 4 sources

KCB raises interim dividend 50pc to Sh3 on higher profit - August 2026

KCB Group has announced a 50% increase in its interim dividend to Sh3 per share for the six months ended June 2026, driven by a significant rise in earnings. Co-operative Bank of Kenya separately posted 28 percent growth in net profit during the same period. Sanlam Allianz Holdings (Kenya) also reported a fourfold increase in net profit, reaching Sh124.6 million for the first half of 2026, up from the same period last year. Car & General reported its net profit increased four-fold to Sh2.6 billion in the first half of 2026, driven by robust sales growth across key markets.

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Wednesday 6:15 PMCapital BusinessFirst

KCB raises interim dividend 50pc to Sh3 on higher profit

KCB raises interim dividend 50pc to Sh3 on higher profit

KCB Group has announced a 50% increase in its interim dividend to Sh3 per share for the six months ended June 2026, driven by a significant rise in earnings.

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Key Highlights

KCB Group has announced a 50% increase in its interim dividend to Sh3 per share for the six months ended June 2026, driven by a significant rise in earnings.

  • The bank's gross profit surged by 20.8% to Sh49.3 billion.
  • This payout will see shareholders receive a total of Sh9.64 billion.
  • CEO Paul Russo attributed the strong performance to the group's diversified business model and effective cost management.
Wednesday 11:08 PMNTV Kenya (Youtube)

KRA Customs and Border Control Department records highest-ever monthly collection in July

Wednesday 11:12 PMNTV Kenya (Youtube)

Co-operative Bank of Kenya posts 28 percent growth in net profit

Co-operative Bank of Kenya posts 28 percent growth in net profit

Co-operative Bank of Kenya posts 28 percent growth in net profit

Wednesday 11:24 PMKTN News (Youtube)

Co-op Bank, KCB post strong half-year profits as lenders record robust growth in 2026

Co-op Bank, KCB post strong half-year profits as lenders record robust growth in 2026

Co-op Bank, KCB post strong half-year profits as lenders record robust growth in 2026

Thursday 8:21 AMCapital Business

Sanlam half-year net profit rises fourfold to Sh124.6mn

Sanlam half-year net profit rises fourfold to Sh124.6mn

Sanlam Allianz Holdings (Kenya) has announced a significant surge in its net profit for the first half of 2026, reaching Sh124.6 million, a fourfold increase from the same period last year.

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Key Highlights

Sanlam Allianz Holdings (Kenya) has announced a significant surge in its net profit for the first half of 2026, reaching Sh124.6 million, a fourfold increase from the same period last year.

  • Net profit of Sh124.6 million for the half-year ended June 30, 2026.
  • The company, a listed non-bank financial services provider, attributes this growth to increased insurance revenue to Sh2.2 billion.
  • Group Chief Executive Officer Dr Nyamemba Patrick Tumbo highlighted the company's focus on growth, cost reduction, and a balance sheet exceeding KSh40 billion.
Thursday 1:57 PMCapital Business

Car & General net profit up four-fold to Sh2.6bn

Car & General net profit up four-fold to Sh2.6bn

Car & General (C&G) has reported a significant increase in its net profit for the first half of 2026, driven by robust sales growth across its key markets.

Read Story

Key Highlights

Car & General (C&G) has reported a significant increase in its net profit for the first half of 2026, driven by robust sales growth across its key markets.

  • Net profit soared to Sh2.6 billion, a more than four-fold jump from Sh637 million in the same period last year.
  • The company, which sells motorcycles and other products, saw increased sales in Kenya (40 percent), Uganda (35 percent), and Tanzania (22 percent).
  • C&G Chairman Nicholas Ng’ang’a attributed the performance to strong sales and increased profits from its associate, Watu, which focuses on mobile-phone financing.
Thursday 5:08 PMCitizen TV (Youtube)

Co-op Bank profit before tax rises to Sh23.1 billion

Co-op Bank profit before tax rises to Sh23.1 billion

Co-op Bank profit before tax rises to Sh23.1 billion

Co-operative Bank has reported a significant increase in its financial performance, with its profit before tax for the first half of 2026 reaching Sh23.1 billion.

Key Highlights

Co-operative Bank has reported a significant increase in its financial performance, with its profit before tax for the first half of 2026 reaching Sh23.1 billion.

  • Profit before tax surged to Sh23.1 billion for the half year ended June 30, 2026, an increase from Sh19.7 billion in the prior year.
  • The key organization involved is Co-operative Bank.
  • Profit after tax saw a substantial growth of 28 per cent.
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