NCBA reports profits as lending, deposits expand
Total income climbed to sh157.6b from sh136.2b, driven largely by stronger interest earnings from government securities and customer lending.
The bank’s total expenditure rose to sh110.8b, weighed down by higher operating expenses and interest paid on deposits.
KAMPALA - NCBA Bank posted a net profit of sh37.9b for the year ended December 2025, according to its annual financial report.
The net profitability for the period is slightly lower than the sh38.9b recorded a year earlier. The pullback comes even as the bank’s balance sheet stretches further.
Total income climbed to sh157.6b from sh136.2b, driven largely by stronger interest earnings from government securities and customer lending.
Returns from treasury instruments also rose, reflecting a wider trend in the industry where more commercial banks leaned more into relatively safer assets.
The bank’s total expenditure rose to sh110.8b, weighed down by higher operating expenses and interest paid on deposits. That pressure narrowed the room for profit growth, leaving pre-tax earnings almost flat at sh46.8b.
On the balance sheet, total assets jumped to sh1.2 trillion from sh960.7b, crossing the trillion mark with a clear push into government securities. Customer loans and advances grew to sh320.3b from sh295.4b.
Customer deposits surged to sh803.7b from sh654.2b. Asset quality showed signs of improvement. Non-performing loans dropped to sh8.9b from sh18.8b, a decline that could ease credit risk concerns and support future earnings stability.