Family Bank Group has posted a 56 percent increase in profit after tax to KES3.5 billion for the nine months ended September 30, 2025, up from KES2.3 billion reported during a similar period last year. The lender attributed the strong performance to sustained growth in interest income, a strong balance sheet and prudent cost management.

Total assets grew by 24.1 percent to KES202.5 billion driven by increase in investments in government securities to KES39.0 billion while the loan book expanded by 10.1 percent to KES103.7 billion.

Group said total interest income grew by 21.2 percent during the period largely due to interest from loans and income from investments in government securities. The bank closed the nine months with KES10.9 billion net interest income.

Total non-funded income grew by 14.4 percent, driven by increased customer transactions, sustained investment in digital solutions, and a focus on partnerships targeting SME lending.

Family Bank CEO Nancy Njau attributed the strong performance to the Bank’s effective execution of its strategic priorities, “This robust performance is in line with our strategic focus, prioritising innovation, digital transformation, customer-centricity, and strategic partnerships aimed at scaling our SME lending capabilities."

She added, "This positions Family Bank as the Preferred Bank for Biashara as we work towards our planned listing at the NSE in 2026. As we go to the final quarter of the year, close of the year, we continue to place our customers at the fore and drive sustainable shareholder value."

Customer deposits grew by 15.3 percent to KES146.8 billion, underlining customers’ continued trust and confidence in the Bank’s financial stability and service delivery.

Operating expenses increased by 33 percent, primarily driven by a moderate growth in staff costs and a prudent provisioning for loan losses, which rose to KES1.3 billion in line with the Bank’s risk management approach.

Core capital stood at KES19.6 billion, up from KES14.7 billion, signalling strong capital adequacy in light of the progressive core capital requirements. The liquidity ratio also remained well above the statutory requirement of 20 percent at 54.4 percent underscoring the Bank’s strong balance sheet and capital adequacy.