Kingdom Bank net profit surges 59% to Ksh.946M on strong income growth

The strong bottom-line growth was driven by a significant increase in total operating income, which rose by 35 per cent to Ksh.3.70 billion. The lender benefited from higher interest earnings and a notable expansion in non-interest income streams.

Net interest income grew by 28 per cent to Ksh.2.70 billion, supported by increased lending, while non-interest income surged 55 per cent to Ksh.998.6 million, reflecting improved diversification.

Despite the impressive profit growth, operating expenses climbed by 53 per cent to Ksh.2.58 billion, largely due to investments in branch expansion and operational capacity. Profit before tax posted a modest increase to Ksh.1.13 billion from Ksh.1.07 billion.

The bank’s lending activity accelerated during the year, with net loans and advances rising by 58 per cent to Ksh.22.19 billion. Customer deposits also grew strongly by 39 per cent to Ksh.29.74 billion, indicating rising customer confidence.

Total assets expanded by 24 per cent to Ksh.51.17 billion, reinforcing the bank’s growth trajectory.

Kingdom Bank continued to scale its physical presence, opening three branches in Bungoma, Kariobangi and Tom Mboya in 2025, and an additional outlet in Embu in January 2026, bringing its network to 27 branches.

Beyond financial performance, the lender maintained its social impact initiatives, launching a secondary school scholarship programme supporting 40 students and planting 32,700 trees during the year.

Looking ahead, the bank plans to sustain its growth momentum through further branch expansion and upgrades to its core banking system to enhance efficiency and customer experience.

The strong surge in net profit underscores Kingdom Bank’s accelerating growth strategy as it deepens its footprint in Kenya’s banking sector.