KCB Group (KCB) Q1 2026 earnings summary

Executive summary

• Achieved 11% year-over-year growth in total assets to Ksh 2.3 trillion, driven by new customer segments and innovative value propositions.

• Total assets reached Kshs 2,254.5 billion as of March 31, 2026, up from Kshs 2,147.2 billion year-over-year.

• Profit before tax rose 15% to Ksh 24.4 billion, supported by strong revenue growth and prudent cost management.

• Customer deposits increased to Kshs 1,652.1 billion from Kshs 1,592.6 billion year-over-year.

• Group ranked among Africa's fastest growing companies in 2026 and received multiple industry awards.

Financial highlights

• Net loans and advances increased 19% year-over-year to Ksh 1.2 trillion.

• Net interest income for the period was Kshs 26.6 billion.

• Profit after tax increased 10% to Ksh 18.2 billion.

• Profit after tax and exceptional items stood at Kshs 12.9 billion.

• Operating expenses rose 7% due to technology investments and business expansion.

Outlook and guidance

• FY 2026 guidance: deposit growth 9–11%, net loans growth 10–11%, ROE 20–22%.

• Cost-to-income ratio targeted at 42–44%, NPL ratio expected at 14–16%.

• Net interest margin projected at 7.2–7.8%.

• The Board approved the financial statements on May 20, 2026, indicating confidence in ongoing performance.