Business
NCBA Group registers rise in profit after tax to sh355.6b
The improved earnings were supported by growth in both funded and non-funded income streams, prudent cost management, and sustained momentum across the Group's regional operations.
John Gachora, NCBA Group managing director. (Courtesy)
By: Simon Okitela, Journalist @New Vision
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NCBA Group PLC has reported a strong financial performance, posting a profit after tax of KES 12.4b (sh355.6b) for the latest reporting period, reflecting the group's continued resilience and strategic focus on sustainable growth despite a challenging operating environment.
The improved earnings were supported by growth in both funded and non-funded income streams, prudent cost management, and sustained momentum across the Group's regional operations.
NCBA also maintained a strong balance sheet, underpinned by healthy capital and liquidity positions that continue to support lending and investment activities.
Commenting on the results, NCBA Group Managing Director John Gachora attributed the performance to disciplined execution of its growth strategy, continued investment in digital banking, and a customer-centric approach that has strengthened its market position across East Africa.
Commenting on the results, NCBA Group Managing Director John Gachora attributed the performance to disciplined execution of its growth strategy, continued investment in digital banking, and a customer-centric approach that has strengthened its market position across East Africa.
“The first half of 2026 was marked by a dynamic operating environment with pressure on inflation and a cautious policy approach by the regional Central Banks. Our focused execution of the UBUNTU strategy has ensured that we delivered a resilient total income growth of 15.1% reflecting healthy business volumes, improved margins and continued customer activity,” Gachora noted.
NCBA unlocked new growth through strategic partnerships in Asset Finance to accelerate electric vehicle adoption and solar leasing uptake resulting in 30% Asset Finance market leadership in Kenya.
The bank said it remains committed to supporting businesses, households, and key sectors of the economy through innovative financial solutions while driving financial inclusion and delivering long-term value to shareholders.
NCBA Group operates in several East African markets, including Kenya, Uganda, Tanzania, Rwanda, and Ivory Coast, offering corporate, retail, investment, and digital banking services. The latest results reinforce the Group's position as one of the region's leading financial institutions.
NCBA unlocked new growth through strategic partnerships in Asset Finance to accelerate electric vehicle adoption and solar leasing uptake resulting in 30% Asset Finance market leadership in Kenya.
The bank said it remains committed to supporting businesses, households, and key sectors of the economy through innovative financial solutions while driving financial inclusion and delivering long-term value to shareholders.
NCBA Group operates in several East African markets, including Kenya, Uganda, Tanzania, Rwanda, and Ivory Coast, offering corporate, retail, investment, and digital banking services. The latest results reinforce the Group's position as one of the region's leading financial institutions.