Family Bank recorded the biggest increase between the two lenders after its profit after tax climbed 62 per cent to Sh3.7 billion, compared with Sh2.2 billion a year earlier.
By Maureen KinyanjuiThe listing is expected to expand investment opportunities within Kenya’s capital markets as it transitions into a publicly traded institution
By Chrispho OwuorThe lender also recorded solid balance sheet expansion, with total assets growing 23.8% to Sh208.69 billion and customer deposits rising 19.9% to Sh151.88 billion.
By David AbonyoThe bank announced a 56 percent rise in net profit to Sh3.5 billion for the nine months to September, driven by higher earnings from government securities. Management says the listing journey is already underway with regulators engaged.
By Chrispho OwuorDespite 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.
By Chrispho Owuor