Co-op Bank Posts KSh 40.3 Billion Pre-Tax Profit, Up 15.8%
The Co-operative Bank of Kenya has strengthened its position in digital banking and financial inclusion after posting a Profit Before Tax of KSh 40.3 billion for the year ended December 31, 2025, marking a 15.8 per cent increase from KSh 34.8 billion in 2024.
Profit After Tax rose by 16.9 per cent to KSh 29.75 billion, in what the lender described as its best-ever performance, driven by its Good to Great Strategy (2025–2029) and “Soaring Eagle” Transformation Agenda.
A key driver of this growth was the bank’s continued investment in digital platforms, with over 90 per cent of customer transactions now conducted through alternative channels such as mobile, internet, and USSD.
The lender further enhanced its digital offering with the upgraded Co-op Bank App, now integrated with investment and bancassurance services, alongside the launch of a multi-currency prepaid card targeting retail and business clients involved in trade and international travel.
The bank also reinforced its commitment to small businesses and financial inclusion, disbursing KSh 72.96 billion in E-Credit, of which KSh 10.43 billion went to micro, small, and medium enterprises (MSMEs).
Since inception, the platform has disbursed over KSh 500 billion, underscoring its impact in supporting livelihoods and enterprise growth.
Over 259,000 MSMEs have been onboarded onto tailored packages, while more than 71,000 businesses have benefited from capacity-building programmes, with the segment accounting for 16.8 per cent of the loan book and 23.4 per cent of customer deposits.
The lender’s strong digital push is supported by a wide distribution network, including over 16,000 Co-op Kwa Jirani agents, 620 ATMs and cash deposit machines, and 222 branches across Kenya, South Sudan, and Kingdom Bank, complemented by 625 SACCO front offices.
Its customer base has grown to over 9.4 million account holders, including more than 22,000 diaspora clients, while staff numbers rose to 6,235, reflecting 372 new jobs created in 2025.
Despite the focus on digital expansion, the bank maintained solid fundamentals, with total assets rising to KSh 827.4 billion, customer deposits to KSh 576.5 billion, and loans and advances to KSh 421.0 billion.
Net interest income increased by 21.99 per cent to KSh 62.85 billion, supporting overall operating income of KSh 91.89 billion, while efficiency improved with the cost-to-income ratio at 46.3 per cent.
Shareholders are also set to benefit from the strong performance, with the bank proposing a total dividend of KSh 2.50 per share, a 67 per cent increase from the previous year, translating to a payout of KSh 14.67 billion.
The 15-million-member co-operative movement is expected to receive approximately KSh 9.47 billion of this amount, subject to approval at the Annual General Meeting.
The Group’s subsidiaries also delivered strong results, with notable growth in fund management, bancassurance, and capital markets businesses, reflecting the strength of its universal banking model.
On sustainability, the bank continued to align with global ESG frameworks while expanding its social impact through education support, with over 11,834 students benefiting from scholarships under the Co-op Bank Foundation.
It also supported 3,879 co-operative advisory mandates, reinforcing its role in strengthening the co-operative movement and enterprise ecosystem.
The bank’s performance and innovation earned it multiple recognitions, including awards at the IFC Global SME Finance Forum Awards 2025, Energy Management Awards, and the Infosys Finacle Innovation Awards 2025, where it received two platinum awards.
Group Managing Director and CEO Dr. Gideon Muriuki said the bank remains focused on leveraging digital innovation, strengthening its MSME ecosystem, and delivering sustainable growth anchored on its deep integration within Africa’s largest co-operative movement.