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Originally published by The Standard BusinessMay 13, 2026
2h ago
Co-op Bank posts Sh8.41 billion profit amid tough economy
Co-op Bank has reported a record 21.3 per cent jump in first-quarter net profit, as a surge in earnings from its non-banking subsidiaries helped the lender defy a broader economic slowdown...
✨ Key Highlights
Co-operative Bank of Kenya has announced its strongest-ever quarterly performance, posting a 21.3% rise in net profit to Sh8.41 billion for the first three months of 2026, defying the challenging economic landscape.
- Net profit reached Sh8.41 billion, a 21.3% increase from the previous year.
- The results were boosted by earnings from non-banking subsidiaries and significant growth in net interest income.
- Co-op Bank was also recognized by the Financial Times as one of Africa's Fastest Growing Companies.
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