Family Bank posted a 55.7 percent rise in profit for the third quarter, ending September 30, 2025, reaching Sh3.597 billion. The lender attributed the growth to robust lending activity, which lifted net interest income to Sh10.95 billion, according to results released Tuesday.
Net interest income jumped 43 percent compared to Sh7.655 billion in September 2024, reflecting the expansion of the bank’s loan book and higher interest earnings across its portfolio. Non-interest income also rose, climbing 14.4 percent to Sh3.789 billion from Sh3.312 billion a year earlier. Together, these factors boosted total operating income by 34.4 percent to Sh14.74 billion.
Family Bank’s total assets grew strongly to Sh202.6 billion from Sh163.2 billion, a 24.1 percent increase. Customer deposits rose 15.3 percent to Sh146.8 billion, up from Sh127.3 billion, signaling continued confidence from clients and improved liquidity.
Loans and advances (net) climbed 10.1 percent to Sh103.7 billion from Sh94.21 billion, supporting the surge in interest income that the bank highlighted as the main performance driver.
Equity recorded one of the largest gains in the statement, rising 48.1 percent to Sh28.27 billion. The bank noted that core capital increased by Sh5 billion, strengthening its capital adequacy and capacity for future lending.
Despite the overall strong performance, loan loss provisions rose sharply from Sh587.5 million in September 2024 to Sh1.361 billion in September 2025, a 131.6 percent increase, reflecting a cautious approach to credit risk. Total operating expenses increased 33 percent to Sh10.24 billion from Sh7.703 billion, partly due to higher loan impairment charges and heightened business activity.
Earnings per share rose to 2.49 from 1.77, a 40.7 percent increase, while profit before tax climbed 37.7 percent to Sh4.495 billion. Profit after tax surged to Sh3.597 billion, confirming a strengthened bottom line.
Gross non-performing loans (NPLs) increased 9.09 percent from Sh14.30 billion to Sh15.60 billion, consistent with the higher provisioning for potential credit losses.
Overall, Family Bank’s Q3 2025 results demonstrate growth across income, assets, and capital, underscoring the institution’s improved operational momentum and competitive standing in Kenya’s banking sector. The bank’s focus on lending, deposit growth, and capital reinforcement has driven its positive trajectory during the year.
