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Originally published by Tech Arenatech
May 22, 2026
22h ago
National Bank of Kenya Posts 275% Profit Surge in Q1 2026
National Bank of Kenya (NBK) recorded KShs 1.03 billion in profit after tax for the first quarter ending March 31, 2026..
✨ Key Highlights
National Bank of Kenya (NBK) has announced a remarkable 275% surge in its profit after tax for the first quarter ending March 31, 2026, reaching KShs 1.03 billion.
- NBK's profit after tax soared to KShs 1.03 billion from KShs 275.7 million in Q1 2025.
- The profit growth was primarily driven by increased net interest income and a significant 92% reduction in credit impairment charges.
- Improved asset quality and recoveries contributed to the substantial decline in loan loss provisions.
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