NCBA Group PLC has posted a net profit of KES16.4 billion in its nine-month trading period ending 30 September 2025, marking 8.5 percent increase in earnings compared to KES15.1 billion reported during a similar period last year.

During the period, however, customer deposits dipped by 5.2 percent to KES487.9 billion even as the Group assets eased by 2 percent to KES665 billion.

A tough environment marked by high inflation saw the stock of loans and advances reduce by 3.5 percent to KES292.7 billion even though the lenders virtual lending platforms across the subsidiaries posted 35 per cent Year on Year increase to KES1 trillion. 

"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," explained NCBA Group Managing Director and CEO John Gachora.

He added, "Our Kenya Bank subsidiary remained the key driver of Group Profit Before Tax (PBT) with 82 percent contribution, while the regional subsidiaries delivered KES2.6 billion PBT a contribution of 12.5 percent to Group. The non-banking subsidiaries including the Investment Bank, Bancassurance, Leasing and NCBA Insurance delivered a combined PBT growth of 48 percent to reach KES1.2 billion, which was a 5.5 percent contribution to Group PBT.”

Group reported a 13.8 per cent year on year increase in operating income closing at KES53.4 billion even as expenses surged by 14 percent YoY to KES27.9 billion.

Nine-month NCBA Group Performance Highlights:-

• Profit before tax of KES20.5 billion, 11.1 per cent up YoY.
• Profit after tax of KES16.4 billion, 8.5 per cent up YoY.
• Operating income of KES53.4 billion,13.8 per cent up YoY.
• Operating expenses of KES27.9 billion,14.0 per cent up YoY.
• Provision for credit losses was KES5.1 billion, 24.5 per cent up YoY.
• Digital Loans disbursed were KES1 trillion, 35 per cent up YoY.
• Customer deposits closed at KES488 billion, 5.3 per cent down YoY.
• Total Assets closed at KES665 billion, 2.0 per cent down YoY.

During the period under review, the Group reinforced its market share leadership in Asset Finance by revamping the PSV proposition through offering up to 90 percent financing and bundling with Komiut, the digital fare collection platform designed to simplify, secure and modernize revenue management for public transport operators. 

Further, NCBA signed vehicle financing MOUs with Mobikey and Car & General and to advance sustainable transport,partnered with CFAO Mobility (Loxea) to finance electric vehicles, including up to 90 percent financing for the latest BYD Shark 6 plug-in hybrid pickup.

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