BK GROUP (BKG) Q2 2026 earnings summary

Executive summary

• Delivered strong H1 2026 results with total operating income up 15.6% year-over-year to RWF 152.0 billion and net income up 8.6% to RWF 56.4 billion, driven by resilient core banking revenues and improved profitability across subsidiaries.

• Strengthened balance sheet with total assets rising 2.9% year-to-date to RWF 2,984.5 billion and shareholders' equity up 6.9% to RWF 543.4 billion.

Financial highlights

• Net interest income increased 14.8% year-over-year to RWF 124.5 billion, supported by interest income of RWF 150.7 billion and a lower cost of funds at 2.2%.

• Net non-interest income rose 19.1% to RWF 27.5 billion, with fee and commission income up 28.5% and foreign exchange income down 26%.

• Pre-provision operating profit grew 18.4% to RWF 99.1 billion; profit before tax up 10.6% to RWF 80.4 billion.

• Client balances and deposits increased 11.7% year-to-date to RWF 2,105.4 billion.

Outlook and guidance

• Positioned to deepen customer relationships and support economic activity across all markets, with continued investment in operating platform and growth businesses.