Absa Bank Kenya PLC has posted a 10% rise in net profit for the year ended December 31, 2025, reaching Sh22.9 billion, driven by a 12% increase in total revenue to Sh64.6 billion.
The growth highlights the lender’s strong financial performance and its continued focus on meeting the needs of customers while delivering value to shareholders.
The bank’s group-level total assets rose to Sh537.6 billion, up from Sh506.5 billion in 2024. Customer deposits increased by 6% to Sh537.6 billion, while loans and advances grew 7% to Sh322.5 billion, compared with Sh309.1 billion the previous year.
Earnings per share improved to Sh4.22 from Sh3.84 in 2024, and total dividends were raised by 17% to Sh2.05 per share from Sh1.75.
In a statement accompanying the results, the Board of Directors said: “Improved profitability reflects the strength of our strategy and our continued focus on meeting the evolving needs of individuals, businesses, and communities, while delivering sustainable shareholder value.”
The bank noted that both net interest income and non-interest income recorded strong growth, climbing 12% each to Sh42.8 billion and Sh21.8 billion respectively. This follows a more mixed performance in 2024, when net interest income rose 15.4% to Sh46.2 billion but customer loans fell 7.9% to Sh309.1 billion.
Absa also achieved efficiency gains, with credit impairment costs declining 5% to Sh2.4 billion and overall impairment charges improving 32% to Sh6.2 billion, a sign of prudent credit risk management.
Strategic initiatives across business segments contributed to the strong results. In Personal and Business Banking, the bank launched Absa Wealth, revamped its Prestige service, and strengthened offerings for high-net-worth clients.
Corporate and Investment Banking completed major deals, including a Sh16 billion Medium Term Note, advisory on key corporate acquisitions, and a US$156 million solar securitisation. Business Banking expanded Shariah-compliant products under the La Riba brand, marking 20 years of Islamic Banking, while supporting SMEs through mentorship and partnerships.
“The Board remains committed to pursuing growth with discipline, supported by a solid financial foundation and a clear strategic vision,” the statement added. “We will continue to invest in customer-centric innovations and empower our colleagues through focused talent development.”
