Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (read from the page image) (17 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review
I&M Group
On this page
Company details
- Legal name
- I&M Group PLC
- Incorporated in
- Kenya
- Listing
- IMH on the Nairobi Securities Exchange, active · ISIN KE0000000125 (observed 2026-10-07)
- Sector
- Not classified (our classification from the stated principal activity)
- Financial year ends
- 31 December
Overview
Year ended 31 December 2024 · published summary of audited statements, final status not established · source
Read with these figures
- Published summary of audited statements not confirmed as final. The published copy is not confirmed as the final version. The FY2024 figures come from it.
Full wording and sources
Published summary of audited statements for 2024: final status not established
No auditor's report on the summary is printed. The directors' message states that the statements are an extract from audited financial statements, that 'The financial statements were audited by KPMG Kenya and received an unqualified opinion' and were approved by the board on 25 March 2025; it closes 'By order of the Board, Oliver Fowler, Chairman, 25 March 2025' with a hand signature (PDF p1, page image).
Source: The Board of Directors of I&M Group PLC is pleased to announce audited results of the Group as at 31 December 2024 (dated 2025-03-25)
2024, 2023: figures from a published summary
These columns come from a summary of the audited statements, not the full audited financial statements. 'These financial statements are an extract from audited financial statements of the Company and Group for the period ended 31 December 2024 which have been prepared in accordance with IFRS Accounting Standards and in a manner required by the Kenyan Companies Act, 2015.' (p1) No auditor's report on the summary is printed. The directors state: 'These financial statements are an extract from audited financial statements of the Company and Group for the period ended 31 December 2024 ... The financial statements were audited by KPMG Kenya and received an unqualified opinion. The financial statements were approved by the Board of Directors on 25 March 2025 and were signed on its behalf by Messrs. Oliver Fowler, Sarit S.Raja Shah and Ms. Rose W. Kinuthia.' (p1). Statement of financial position, statement of comprehensive income (CBK format), other disclosures (NPLs, insider loans, off-balance sheet, capital and liquidity ratios), summary consolidated statement of cash flows (three section totals only) and summary consolidated statement of changes in equity, Company and Group columns, printed oldest first (Dec 2023, Dec 2024) (p1). The cash-flow statement prints no line items within the sections.
Source: The Board of Directors of I&M Group PLC is pleased to announce audited results of the Group as at 31 December 2024 (dated 2025-03-25)
-
3 NET INTEREST INCOME/(LOSS)
KES 37.6 billion
37,562,368 KES thousands · p1
+31.2% vs 2023
Printed '3 NET INTEREST INCOME/(LOSS)' 37,562,368 (p1).
-
5 TOTAL OPERATING INCOME
KES 51.2 billion
51,218,857 KES thousands · p1
+20.0% vs 2023
Printed '5 TOTAL OPERATING INCOME' 51,218,857 (p1), the bank's own top-line measure; no revenue line is printed.
-
12 PROFIT/(LOSS ) AFTER TAX AND EXCEPTIONAL ITEMS
KES 16.7 billion
16,653,749 KES thousands · p1
+24.8% vs 2023
Printed '12 PROFIT/(LOSS) AFTER TAX AND EXCEPTIONAL ITEMS' 16,653,749 (p1).
-
Total assets
KES 581 billion
581,280,300 KES thousands · p1
+0.3% vs 2023
Printed '21 TOTAL ASSETS' 581,280,300 (p1).
-
23 Customer deposits
KES 412 billion
412,179,477 KES thousands · p1
−1.1% vs 2023
Printed '23 Customer deposits' 412,179,477 (p1).
-
43 TOTAL SHAREHOLDERS' EQUITY
KES 94.5 billion
94,474,063 KES thousands · p1
+7.1% vs 2023
Printed '43 TOTAL SHAREHOLDERS' EQUITY' 94,474,063 (p1); non-controlling interest 7,172,992 is printed separately and no total-equity line is printed.
Large amounts are rounded for reading (KES million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.
Financial statements
Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in KES thousands unless the row says otherwise; brackets are negative.
† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table
Column sources
- FY2024 — published summary of audited statements (summary), final status not established; reported for the year · source
- FY2023 — published summary of audited statements (summary), final status not established; comparative in the FY2024 filing · source
- 2024, 2023: figures from a published summary. These columns come from a summary of the audited statements, not the full audited financial statements. 'These financial statements are an extract from audited financial statements of the Company and Group for the period ended 31 December 2024 which have been prepared in accordance with IFRS Accounting Standards and in a manner required by the Kenyan Companies Act, 2015.' (p1) No auditor's report on the summary is printed. The directors state: 'These financial statements are an extract from audited financial statements of the Company and Group for the period ended 31 December 2024 ... The financial statements were audited by KPMG Kenya and received an unqualified opinion. The financial statements were approved by the Board of Directors on 25 March 2025 and were signed on its behalf by Messrs. Oliver Fowler, Sarit S.Raja Shah and Ms. Rose W. Kinuthia.' (p1). Statement of financial position, statement of comprehensive income (CBK format), other disclosures (NPLs, insider loans, off-balance sheet, capital and liquidity ratios), summary consolidated statement of cash flows (three section totals only) and summary consolidated statement of changes in equity, Company and Group columns, printed oldest first (Dec 2023, Dec 2024) (p1). The cash-flow statement prints no line items within the sections.
Income statement
| Line (as printed) | FY2024Published summary of audited statements (summary)reported for the year | FY2023Published summary of audited statements (summary)comparative in FY2024 filingsource limitations |
|---|---|---|
| 1.5 Total interest income | 68,105,524 | 50,458,574 |
| 2.4 Total interest expense | (30,543,156) | (21,828,108) |
| 3 NET INTEREST INCOME/(LOSS) | 37,562,368 | 28,630,466 |
| 4.6 Total non-interest income | 13,656,489 | 14,051,265 |
| 5 TOTAL OPERATING INCOME | 51,218,857 | 42,681,731 |
| 6.1 Loan loss provisions1 | (7,818,349) | (6,869,542) |
| 6.2 Staff costs2 | (9,071,745) | (7,477,130) |
| 6.3 Directors' emoluments3 | (127,290) | (177,419) |
| 6.4 Rentals charges4 | (651,218) | (818,821) |
| 6.5 Depreciation charge on property and equipment | (2,009,487) | (1,773,714) |
| 6.6 Amortisation charges | (1,047,178) | (1,098,527) |
| 6.7 Other operating expenses | (10,614,204) | (8,989,896) |
| 6.8 Total other Operating Expenses | (31,339,471) | (27,205,049) |
| 7 PROFIT/(LOSS) BEFORE TAX AND EXCEPTIONAL ITEMS5 | 19,879,386 | 15,476,682 |
| 8 Share of profit of Joint Venture6 | 896,971 | 1,203,644 |
| 9 PROFIT/(LOSS ) AFTER EXCEPTIONAL ITEMS | 20,776,357 | 16,680,326 |
| 10 Current tax7 | (5,949,320) | (4,765,100) |
| 11 Deferred tax8 | 1,826,712 | 1,429,993 |
| 12 PROFIT/(LOSS ) AFTER TAX AND EXCEPTIONAL ITEMS | 16,653,749 | 13,345,219 |
| 13 Non controlling interest9 | (1,274,470) | (730,042) |
| 16 OTHER COMPREHENSIVE INCOME FOR THE YEAR NET OF TAX | (4,234,270) | 4,064,012 |
| 17 TOTAL COMPREHENSIVE INCOME FOR THE YEAR | 12,419,479 | 17,409,231 |
Notes and alternative reported figures (9)
- “6.1 Loan loss provisions”: mapping to a shared definition is uncertain. Loan loss provisions charge in the CBK format (line 6.1).
- “6.2 Staff costs” is an issuer-specific line, not mapped to a shared definition: Line 6.2.
- “6.3 Directors' emoluments” is an issuer-specific line, not mapped to a shared definition: Line 6.3.
- “6.4 Rentals charges” is an issuer-specific line, not mapped to a shared definition: Line 6.4.
- “7 PROFIT/(LOSS) BEFORE TAX AND EXCEPTIONAL ITEMS” is an issuer-specific line, not mapped to a shared definition: Line 7: total operating income less other operating expenses, before the share of joint-venture profit.
- “8 Share of profit of Joint Venture”: mapping to a shared definition is uncertain. Share of profit of a joint venture, recorded under share of results of associates.
- “10 Current tax” is an issuer-specific line, not mapped to a shared definition: Line 10: current tax charge.
- “11 Deferred tax” is an issuer-specific line, not mapped to a shared definition: Line 11: deferred tax (a credit in both years).
- “13 Non controlling interest” is an issuer-specific line, not mapped to a shared definition: Line 13: profit attributable to non-controlling interests, printed negative.
Balance sheet
| Line (as printed) | FY2024Published summary of audited statements (summary)reported for the year | FY2023Published summary of audited statements (summary)comparative in FY2024 filingsource limitations |
|---|---|---|
| 1 Cash (both local and foreign)1 | 7,182,677 | 6,501,173 |
| 2 Balances due from central banks2 | 26,280,285 | 34,774,324 |
| 4 Financial Assets at fair value through profit or loss (FVTPL) | 1,098,455 | 2,779,798 |
| 5 a) Held at amortised cost: a. Kenya Government securities3 | 40,072,602 | 26,878,671 |
| 5 a) Held at amortised cost: b. Other securities4 | 48,878,066 | 27,471,365 |
| 5 b) Fair value thorugh other comprehensive income (FVOCI): a. Kenya Government securities5 | 62,246,902 | 51,224,351 |
| 5 b) Fair value thorugh other comprehensive income (FVOCI): b. Other securities6 | 9,516,032 | 9,062,794 |
| 6 Deposits and Balances due from local banking institutions7 | 5,051,245 | 4,279,293 |
| 7 Deposits and Balances due from banking institutions abroad8 | 43,768,110 | 54,897,696 |
| 8 Tax recoverable | 189,106 | 690,697 |
| 9 Loans and advances to customers (net) | 287,082,574 | 311,330,840 |
| 13 Investment in joint ventures9 | 6,514,568 | 7,878,467 |
| 15 Property and equipment | 15,999,921 | 14,487,824 |
| 17 Intangible assets | 6,897,074 | 7,492,131 |
| 18 Deferred tax asset | 12,211,941 | 11,913,221 |
| 20 Other assets | 8,290,742 | 8,056,793 |
| 21 TOTAL ASSETS | 581,280,300 | 579,719,438 |
| 22 Balances due to central banks10 | 14,010,049 | 13,025,651 |
| 23 Customer deposits | 412,179,477 | 416,674,435 |
| 24 Deposits and balances due to local banking institutions11 | 8,110,686 | 4,685,311 |
| 25 Deposits and balances due to foreign banking institutions12 | 12,925,743 | 21,788,127 |
| 27 Borrowed funds | 14,069,877 | 18,271,289 |
| 29 Tax payable | 1,325,662 | 219,406 |
| 30 Dividends payable | 2,149,708 | –13 |
| 31 Deferred tax liability | 658,429 | 476,359 |
| 33 Other liabilities | 14,203,614 | 8,878,605 |
| 34 TOTAL LIABILITIES | 479,633,245 | 484,019,183 |
| 35 Paid up/Assigned share capital | 1,653,621 | 1,653,621 |
| 36 Share premium/(discount) | 17,561,629 | 17,561,629 |
| 37 Revaluation reserves - (Buildings) | 1,460,251 | 1,241,566 |
| 38 Retained earnings/(Accumulated losses) | 63,083,313 | 53,642,621 |
| 39 Statutory loan loss reserves | 12,167,593 | 11,249,371 |
| 40 Other reserves14 | (2,566,650) | (5,231,077) |
| 41 Proposed dividends15 | 2,870,657 | 4,216,735 |
| 42 Translation reserve16 | (1,756,351) | 3,838,683 |
| 43 TOTAL SHAREHOLDERS' EQUITY | 94,474,063 | 88,173,149 |
| 44 Non controlling interest | 7,172,992 | 7,527,106 |
| 121 TOTAL LIABILITIES & SHAREHOLDERS' EQUITY | 581,280,300 | 579,719,438 |
- Printed “-”, read as nil: subtotal_arithmetic: bs.total_liabilities.
Notes and alternative reported figures (15)
- “1 Cash (both local and foreign)” is an issuer-specific line, not mapped to a shared definition: CBK format line A1.
- “2 Balances due from central banks” is an issuer-specific line, not mapped to a shared definition: CBK format line A2.
- “5 a) Held at amortised cost: a. Kenya Government securities” is an issuer-specific line, not mapped to a shared definition: CBK format line A5(a)(a).
- “5 a) Held at amortised cost: b. Other securities” is an issuer-specific line, not mapped to a shared definition: CBK format line A5(a)(b).
- “5 b) Fair value thorugh other comprehensive income (FVOCI): a. Kenya Government securities” is an issuer-specific line, not mapped to a shared definition: CBK format line A5(b)(a).
- “5 b) Fair value thorugh other comprehensive income (FVOCI): b. Other securities” is an issuer-specific line, not mapped to a shared definition: CBK format line A5(b)(b).
- “6 Deposits and Balances due from local banking institutions” is an issuer-specific line, not mapped to a shared definition: CBK format line A6.
- “7 Deposits and Balances due from banking institutions abroad” is an issuer-specific line, not mapped to a shared definition: CBK format line A7.
- “13 Investment in joint ventures” is an issuer-specific line, not mapped to a shared definition: CBK format line A13.
- “22 Balances due to central banks” is an issuer-specific line, not mapped to a shared definition: CBK format line B22.
- “24 Deposits and balances due to local banking institutions” is an issuer-specific line, not mapped to a shared definition: CBK format line B24.
- “25 Deposits and balances due to foreign banking institutions” is an issuer-specific line, not mapped to a shared definition: CBK format line B25.
- “40 Other reserves” is an issuer-specific line, not mapped to a shared definition: CBK format line C40.
- “41 Proposed dividends” is an issuer-specific line, not mapped to a shared definition: CBK format line C41: proposed dividend held in equity.
- “42 Translation reserve” is an issuer-specific line, not mapped to a shared definition: CBK format line C42.
Cash flow
| Line (as printed) | FY2024Published summary of audited statements (summary)reported for the year | FY2023Published summary of audited statements (summary)comparative in FY2024 filingsource limitations |
|---|---|---|
| Cash flows generated from/(used in) operating activities | (10,184,708) | 60,416,365 |
| Cash flows used in investing activities | (4,361,260) | (2,603,472) |
| Net cash used in financing activities | (6,402,729) | (7,046,766) |
| Net increase/(decrease) in cash and cash equivalents | (20,948,697) | 50,766,127 |
| Cash and cash equivalents at beginning of period | 77,848,257 | 27,082,130 |
| Cash and cash equivalents at end of period | 56,899,560 | 77,848,257 |
Segments
Segment data not yet collected for this company in the pilot.
Dividends
Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.
| Year ended | Event | Wording as printed | Amount | Unit | Source |
|---|---|---|---|---|---|
| 31 Dec 2024 | Dividend declared per share, as printed in a statement | 19 DIVIDEND PER SHARE - (KSHS)Printed 'Dividend per share' for the year: for 2024 the interim KShs 1.30 paid plus the recommended final KShs 1.70 (directors' message). |
3.00 | KES per share | Summary statements, p1 |
| 31 Dec 2023 | Dividend declared per share, as printed in a statement | 19 DIVIDEND PER SHARE - (KSHS)Printed 'Dividend per share' for the year: for 2024 the interim KShs 1.30 paid plus the recommended final KShs 1.70 (directors' message). |
2.55 | KES per share | Summary statements, p1 |
Sources
Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.
-
The Board of Directors of I&M Group PLC is pleased to announce audited results of the Group as at 31 December 2024
Year ended 31 December 2024 · Published summary of audited statements (summary) · final status not established
Audit: KPMG Kenya (named); no auditor's opinion on the full statements in this document · no signature page in this document
Final status: No auditor's report on the summary is printed. The directors' message states that the statements are an extract from audited financial statements, that 'The financial statements were audited by KPMG Kenya and received an unqualified opinion' and were approved by the board on 25 March 2025; it closes 'By order of the Board, Oliver Fowler, Chairman, 25 March 2025' with a hand signature (PDF p1, page image).
- Document date
- 25 Mar 2025
- Published
- 7 Apr 2025
- Auditor's report
- date not found in this document
- Board approval
- 25 Mar 2025
- Retrieved by us
- 8 Oct 2026 (not a publication date)
- Used for
- statement columns FY2024, FY2023
- Basis
- consolidated statements · KES thousands (printed “KSHS'000”)
- The document prints 'I&M Group PLC' throughout ('The Board of Directors of I&M Group PLC is pleased to announce audited results of the Group', header; 'I&M Group PLC is regulated by the Central Bank of Kenya', footer; www.imbankgroup.com, investor-relations@imgroup-plc.com) while the directory lists 'I&M Holdings Ltd' (NSE: IMH, ISIN KE0000000125). No registration number, former name or change-of-name statement is printed. The document is the listed group's annual results published on the NSE under this issuer; transcribed, identity for the controller to confirm (p1).
- HIDDEN TEXT LAYER: the PDF holds an invisible machine-OCR text layer that differs from the printed page ('410.0/4,455' for customer deposits 416,674,435, '21471.30' for 27,471,365, 'GKOUH' for GROUP, garbled labels); every value is read on the render instead. Expense lines are printed as positive amounts and stored as deductions (sign_note). Columns are printed oldest first.
- No auditor's report on the summary is printed. The directors state: 'These financial statements are an extract from audited financial statements of the Company and Group for the period ended 31 December 2024 ... The financial statements were audited by KPMG Kenya and received an unqualified opinion. The financial statements were approved by the Board of Directors on 25 March 2025 and were signed on its behalf by Messrs. Oliver Fowler, Sarit S.Raja Shah and Ms. Rose W. Kinuthia.' (p1).
- Statement of financial position, statement of comprehensive income (CBK format), other disclosures (NPLs, insider loans, off-balance sheet, capital and liquidity ratios), summary consolidated statement of cash flows (three section totals only) and summary consolidated statement of changes in equity, Company and Group columns, printed oldest first (Dec 2023, Dec 2024) (p1). The cash-flow statement prints no line items within the sections.
Technical details
- File
- 1 pages, with a text layer
- SHA-256
c25b49ddc88ff70ad9d56daccd7e84cc6efc38ec55b27b4ce6e58890a90c7881- Entity as printed
- I&M Group PLC ("I&M Group PLC is regulated by the Central Bank of Kenya", p1)
- Exchange copy
- retrieved 2026-10-08T18:06:25Z
Data notes
No figure-level notes beyond those in the tables.
Review status: every figure has been located on its cited source page in an AI-assisted source verification (read from the page image) (17 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.
Download
Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.