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Originally published by The Kenyan Wall Street
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business
October 22, 2025
7h ago

NCBA Group Hits Record KSh 150Bn Market Valuation

NCBA Group Hits Record KSh 150Bn Market Valuation

NCBA shares hit an all-time high of KSh 91.50, valuing the bank at KSh 150 billion after four straight gains driven by Stanbic Kenya takeover speculation...

✨ Key Highlights

NCBA Group's market valuation has soared past KSh 150 billion, reaching a record high due to a sharp rise in its share price. This surge is largely attributed to speculation regarding a potential acquisition by Stanbic Bank Kenya.

  • NCBA's share price reached KSh 91.50 on Tuesday, its highest level since the NIC–CBA merger in 2019.
  • The bank's market capitalization increased by approximately KSh 26 billion, making it Kenya's third-most valuable bank.
  • The speculated acquisition by Stanbic Bank Kenya would create Kenya's third-largest lender by assets.

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