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August 14, 2025
2d ago

Co-op Bank's H1 Profits Jump to Ksh19.7 Billion

Co-op Bank's H1 Profits Jump to Ksh19.7 Billion

All key sectors have shown growth, with the Shareholders Fund growing by 23 per cent to Ksh156.3 billion...

✨ Key Highlights

Co-op Bank announced a significant surge in its half-year profits for 2025, reaching Kshs19.7 billion in profit before tax. This marks a substantial increase of Kshs1.5 billion compared to the same period last year, driven by strong performance across key financial indicators.

  • Co-op Bank’s profit after tax for the first six months of 2025 stood at Kshs14.1 billion , an increase of Kshs1.1 billion .
  • Total assets grew by 13.2% to Kshs811.9 billion , while customer deposits rose 7.9% to Kshs547.7 billion .
  • Shareholders’ funds saw a remarkable 23.4% increase to Kshs156.3 billion , boosted by retained earnings of Kshs18.4 billion .
  • The bank's operating income increased 10.8% to Kshs43.5 billion , with the net interest income rising 23.1% .
  • Over 90% of Co-op Bank’s transactions are now conducted through digital and alternative channels.
  • Co-op Bank also expanded its branch network by 15 new branches, bringing the total to 212 , and increased staff numbers by 450 to 5,850 employees.

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