Merger Buzz Rallies NCBA to KSh 124Bn Valuation

NCBA shares hit an all-time high of KSh75.25 after Stanbic merger report, lifting valuation to a record KSh124B on strong investor demand...

✨ Key Highlights

NCBA Group Plc shares surged after reports indicated Stanbic Holdings Plc is in talks to acquire the lender, driving NCBA's valuation to a record KSh 124 billion.

NCBA's stock jumped 8.27% to KSh 75.25, its highest level since its 2019 merger.
The potential acquisition by Standard Bank Group's Kenyan unit, Stanbic Holdings Plc, could create Kenya's third-largest lender with assets of approximately KSh 1.1 trillion.
NCBA's consistent profitability, with a 12.6% rise in profit after tax to KSh 11.1 billion in the first half of 2025, and improving credit quality have boosted investor confidence.

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