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Originally published by Capital Business
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business
August 13, 2025
2d ago

KCB declares Sh13bn dividend as net profit climbs to Sh32.3bn

KCB declares Sh13bn dividend as net profit climbs to Sh32.3bn

NAIROBI, Kenya, Aug 13 - KCB Group has announced a record Sh13 billion dividend payout after its board recommended an interim dividend of Sh2 per share Kenya breaking news | Kenya news today |..

✨ Key Highlights

KCB Group has announced a record Sh13 billion dividend payout following an impressive 8 percent growth in profit after tax to Sh32.3 billion for the first half of 2025. This significant financial performance reinforces the bank's strong position in the market.

  • KCB Group declared a total dividend of Sh13 billion, comprising an interim dividend of Sh2 per share and a special dividend of Sh2 per share linked to the National Bank of Kenya (NBK) sale.
  • The bank's net profit climbed to Sh32.3 billion, an 8 percent increase from Sh29.9 billion in the same period last year.
  • Subsidiaries outside Kenya, including those in Tanzania and Uganda, contributed a substantial 33.4 percent to the Group’s overall gross profit.
  • The loan portfolio grew by 2.8 percent to Sh1.18 trillion, excluding the NBK sale, driven by new business across subsidiaries.
  • Total revenue for the period rose by 4.3 percent to Sh69.1 billion, attributed to higher net interest income.
  • Paul Russo, Group CEO, highlighted the resilience of the business across markets despite challenging operating environments.

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