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August 12, 2026
4h ago

Co-op Bank Profit Hits Record Ksh23.1 Billion in H1 2026

Co-op Bank Profit Hits Record Ksh23.1 Billion in H1 2026

The bank's best-ever half-year performance comes as nonperforming loans fell and Return on Average Equity grew...

✨ Key Highlights

Co-operative Bank of Kenya has achieved a record half-year profit before tax of Ksh23.1 billion for the six months ending June 30, 2026, marking a significant 17.3% increase in earnings.

  • The bank's profit after tax surged by 28% to Ksh18 billion.
  • This outstanding performance was driven by Co-operative Bank, led by Group Managing Director and CEO Dr. Gideon Muriuki.
  • Key contributors to the growth included a 13% rise in net interest income and a 12.5% increase in operating income, with total assets growing to Ksh869.5 billion.

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