Consolidated Bank of Kenya, a state-owned financial institution, has reported a significant surge in its profitability for the first half of 2026. The bank posted a net profit of Sh174.83 million, marking a substantial increase driven by improved income streams.

• Net profit grew by an impressive 1,349.5 percent to Sh174.83 million in the six months ending June 30, 2026.
• The primary drivers for this growth were a 33.9 percent increase in net interest income and a 17.6 percent rise in non-interest income.
• Despite the profit growth, gross non-performing loans saw an increase of 12.5 percent to Sh4.27 billion, with loan loss provisions rising by 23.5 percent.