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Originally published by Capital Businessbusiness
August 10, 2026
2h ago
State-owned Consolidated Bank posts Sh174.83mn net profit in H1
Net interest income grew by 33.9 percent to Sh738.15 million, while non-interest income increased by 17.6 percent to Sh331.55 million...
✨ Key Highlights
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.
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