I&M Group reports 19% profit growth to Sh5.0 billion in Q1 2026
NAIROBI,Kenya,May 26-I&M Group has reported a 19% increase in Profit After Tax to KES 5.0 billion for the first quarter of 2026, up from Sh4.2 billion Kenya breaking news | Kenya news today |..
✨ Key Highlights
I&M Group has announced a significant 19% increase in its Profit After Tax, reaching KES 5.0 billion in the first quarter of 2026.
- Profit After Tax grew to Sh5.0 billion, up from Sh4.2 billion year-on-year.
- The key organization is I&M Group.
- Further gains were seen in total revenue, which rose 24% to Sh16.1 billion, and a substantial 31% growth in net interest income.
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Family Bank Posts Sh1.6bn Q1 Profit on Strong Lending Growth - May 2026
Family Bank reported a 52.6 percent increase in first-quarter net profit, reaching Sh1.6 billion compared to the previous year, driven by strong lending growth. I&M Group also posted strong results with a 19% profit growth to KES 5.0 billion in Q1 2026, demonstrating continued momentum in Kenya's banking sector. Meanwhile, HF Group Plc has rebranded to HFCB, consolidating its parent company and subsidiaries into a single identity to streamline operations and market presence. These developments reflect a broader trend of Kenyan financial institutions expanding their footprint and improving profitability.
