NCBA Group PLC has posted a profit after tax of KES 16.4 billion in its Q3 2025 financial results which is an 8.5 per cent increase compared to KES 15.1 billion reported during a similar period in 2024.
The Group’s profit before tax stood at KES 20.5 billion, an11.1 per cent up year on year and its operating income stood at KES 53.4 billion,13.8 per cent up year on year. Digital Loans disbursed were KES 1 trillion, 35 per cent up year on year.
According to NCBA ‘s Group Managing Director, John Gachora, “Our profitability was driven by prudent cost of funding management and better asset quality. Over the review period, regional subsidiaries demonstrated improved effectiveness in recovering bad debts, reflecting disciplined execution of remedial actions. Our balance sheet remained solid with assets and customer deposits impacted by pricing adjustments and softer lending activities across the markets.”
The Group’s operating expenses stood at KES 27.9 billion,14.0 per cent up year on year while its provision for credit losses was KES 5.1 billion, 24.5 per cent up year on year. The Group’s customer deposits closed at KES 488 billion, 5.3 per cent down year on year while its total assets closed at KES 665 billion, 2.0 per cent down year on year.
“Our Kenya Bank subsidiary remained the key driver of Group PBT with 82 per cent
contribution, while the regional subsidiaries delivered KES 2.6 billion PBT a contribution of
12.5 per cent to Group,” Gachora added.
The non-banking subsidiaries including the Investment Bank, Bancassurance, Leasing and NCBA Insurance delivered a combined PBT growth of 48 per cent to reach KES 1.2 billion, which was a 5.5 per cent contribution to Group PBT.
The Group`s ongoing retail network expansion now reaching 122 branches and recently launched its upgraded Corporate Banking digital platform NCBA ConnectPlus to customers becoming the first bank in East Africa to deploy Intellect’s cloud-based banking solution.
The platform which has already onboarded +20,000 Kenya customers will be rolled out in Uganda, Tanzania and Rwanda to provide upgraded corporate banking services for all East African clientele.
