KCB Group (KCB) investor relations material

Executive summary

• Achieved 17% year-over-year growth in total assets to Ksh 2.3 trillion, driven by new customer acquisitions and innovative value propositions.

• Customer deposits rose 15% YoY to Ksh 1.71 trillion, with a strong mix across retail and corporate segments.

• Net loans and advances increased by 13% YoY, supporting both businesses and households, with a diversified sectoral loan book.

• Profit before tax grew 21% YoY to Ksh 49.3 billion, supported by strong revenue momentum and prudent cost and risk management.

• Interim dividend of Ksh 3.00 per share declared, a 50% increase YoY, payable in November 2026.

Financial highlights

• Total income up 10% YoY to Ksh 108.1 billion, with net interest income up 7% and non-funded income up 15%.

• Operating expenses increased by 6% YoY, mainly due to technology investments and business expansion.

• Cost-to-income ratio improved to 44.4% from 46.0% YoY.

• Profit after tax rose 14% YoY to Ksh 36.9 billion, with comprehensive income for H1 2026 at Ksh 36.0 billion.

• Earnings per share (diluted & basic) stood at Ksh 22.45, up from Ksh 19.61 YoY.

Outlook and guidance

• Net loans growth of 13.3% and deposit growth of 15.1% exceeded FY 2026 guidance.

• NPL ratio improved to 15.1%, within the 14%-16% guidance range.

• Return on equity at 21.1%, in line with 20%-22% guidance.

• The Board remains confident in continued growth and capital strength.