Co-op Bank Reports 15.8% Profit Growth to Ksh40.3 Billion in FY2025

Co-op Bank has reported a 15.8% growth in profit before tax to Ksh40.3 billion for the year ended December 2025, up from Ksh34.8 billion recorded in 2024.

Profit after tax rose by 16.9% to Ksh29.75 billion, marking the bank’s strongest financial performance to date.

The lender has proposed a total dividend of Ksh2.50 per share for FY2025, up from Ksh1.50 paid in the previous year, translating to a total payout of Ksh14.67 billion, subject to shareholder approval.

Balance Sheet Growth and Efficiency

Total assets grew by 11.3% to Kah827.4 billion, while customer deposits increased by 13.3% to Ksh576.5 billion. Loans and advances rose by 12.7% to Ksh421 billion.

Net interest income increased by 22% to Ksh62.85 billion, supporting a 13.9% rise in operating income to Ksh91.89 billion.

The bank maintained a cost-to-income ratio of 46.3%, reflecting improved operational efficiency.

Digital Transactions and Network Expansion

Over 90% of customer transactions were processed through alternative channels, including mobile, internet, and USSD platforms.

The bank’s distribution network includes over 16,000 agents, 620 ATMs and cash deposit machines, and 222 branches across Kenya and the region.

The lender also expanded its digital offering through the Co-op Bank App, now integrated with investment and bancassurance services.

MSME Lending and Financial Inclusion

E-credit disbursements reached Ksh72.96 billion in 2025, with Ksh10.43 billion directed to micro, small, and medium enterprises (MSMEs).

Since inception, the E-credit platform has disbursed over Ksh500 billion.

The bank has on boarded over 259,000 MSMEs and supported more than 71,000 businesses through capacity-building programmes.

Subsidiary and Investment Performance

Co-op Trust Investment Services reported funds under management of Ksh507.1 billion, with profit before tax rising to KSh 936.2 million.

Other subsidiaries, including bancassurance and regional banking units, also recorded growth during the year.

Sustainability and Customer Base

The bank continued to expand its sustainability agenda, aligning with global and local frameworks on climate risk and ESG reporting.

Customer numbers rose to over 9.4 million account holders, supported by a nationwide network and integration within the co-operative movement.

Awards and Recognition

During the year, the bank received multiple awards, including Product Innovation of the Year at the IFC Global SME Finance Awards and recognition for digital transformation and ESG reporting.

Outlook

Co-op Bank said its performance reflects continued growth under its “Good to Great” strategy, supported by digital expansion, MSME financing, and a strong co-operative ecosystem.