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KCB Group

KCB · Nairobi Securities Exchange; also KCB · Uganda Securities Exchange · Incorporated in Kenya · Consolidated statements

On this page
Company details
Legal name
KCB Group PLC
Incorporated in
Kenya
Primary listing
KCB on the Nairobi Securities Exchange, active · ISIN KE0000000315 (observed 2026-10-06)
Also listed
KCB on the Uganda Securities Exchange, active · ISIN KE0000000315 (observed 2026-10-06)
Sector
Banking (our classification from the stated principal activity)
Activity
Holding company whose main subsidiaries provide corporate, investment and retail banking services in East Africa.
Financial year ends
31 December

Overview

Year ended 31 December 2025 · annual report, signed / final · source

  • Net interest income

    KES 158 billion

    157,643 KES millions · p78

    +14.9% vs 2024

    Interest income less interest expense, as printed.

  • Total income

    KES 203 billion

    203,199 KES millions · p78

    +8.4% vs 2024

    The bank's own total of its income lines before credit impairment and operating expenses, under its printed label. What it includes differs between banks; it is not revenue.

  • Profit / (loss) for the year

    KES 68.4 billion

    68,351 KES millions · p78

    +10.6% vs 2024

  • Total assets

    KES 2.15 trillion

    2,147,206 KES millions · p79

    +9.4% vs 2024

  • Customer deposits

    KES 1.59 trillion

    1,592,612 KES millions · p79

    +15.2% vs 2024

  • Total equity

    KES 341 billion

    340,555 KES millions · p79

    +20.3% vs 2024

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 millions 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

  • FY2025 — annual report, signed / final; reported for the year · source
  • FY2024 — annual report, signed / final; comparative in the FY2025 filing · source
  • FY2023 — annual report, signed / final; comparative in the FY2024 filing · source

Income statement

Income statement, KES millions. Columns: FY2025 — annual report (signed / final), as reported for the year; FY2024 — annual report (signed / final), comparative reported in the annual report for 2025; FY2023 — annual report (signed / final), comparative reported in the annual report for 2024.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filingFY2023Annual reportcomparative in FY2024 filing
Interest income 217,140 206,8571 181,653
Interest expense (59,497) (69,622)2 (60,841)
Net interest income 157,643 137,2353 120,812
Fees and commission income 34,209 34,4734 31,828
Fees and commission expense (5,905) (5,610)5 (4,862)
Net fees and commission income 28,304 28,8636 26,966
Net foreign exchange gain 11,111 16,6487 6,969
Other operating income 6,141 4,7788 4,598
Total income 203,199 187,5249 159,345
Allowance for expected credit losses (29,665) (24,019)10 (27,415)
Net gain / (loss) from financial assets at fair value through profit or loss11 (139) 64312 (472)
Credit losses and FVTPL result (unlabelled subtotal)13 (29,804) (23,376)14 (27,887)
Net operating income15 173,395 164,14816 131,458
Employee benefits (37,241) (35,490)17 (38,469)
Depreciation and amortisation18 (8,371) (9,030)19 (9,329)
Other operating expenses (39,993) (36,817)20 (35,351)
Loss on monetary position21 (877) (2,333) –22
Share of net profit from associates accounted for using equity method 191 246 144
Profit before income tax 87,104 80,72423 48,453
Income tax expense (22,004) (20,176)24 (10,991)
Profit for the year from continuing operations25 65,100 60,548 Not reported in this filing26
Profit from discontinued operation, net of tax27 3,251 1,227 Not reported in this filing28
Profit for the period29 68,351 61,775 37,462
Non-controlling interest30 1,532 1,685 1,286
Other comprehensive loss for the year net of income tax 6,471 (9,536) (4,966)
Total comprehensive income for the year 74,822 52,239 32,496
  1. Printed “-”, read as nil: subtotal_arithmetic: is.profit_before_tax.
Notes and alternative reported figures (29)
  1. Annual report dated 2025-03-12 prints 225,807 (millions, p73) for this line and year.
  2. Annual report dated 2025-03-12 prints (76,056) (millions, p73) for this line and year.
  3. Annual report dated 2025-03-12 prints 149,751 (millions, p73) for this line and year.
  4. Annual report dated 2025-03-12 prints 36,624 (millions, p73) for this line and year.
  5. Annual report dated 2025-03-12 prints (5,852) (millions, p73) for this line and year.
  6. Annual report dated 2025-03-12 prints 30,772 (millions, p73) for this line and year.
  7. Annual report dated 2025-03-12 prints 17,541 (millions, p73) for this line and year.
  8. Annual report dated 2025-03-12 prints 4,845 (millions, p73) for this line and year.
  9. Annual report dated 2025-03-12 prints 202,909 (millions, p73) for this line and year.
  10. Annual report dated 2025-03-12 prints (29,694) (millions, p73) for this line and year.
  11. “Net gain / (loss) from financial assets at fair value through profit or loss” is an issuer-specific line, not mapped to a shared definition: Note 13.
  12. Annual report dated 2025-03-12 prints 1,456 (millions, p73) for this line and year.
  13. “Credit losses and FVTPL result (unlabelled subtotal)” is an issuer-specific line, not mapped to a shared definition: Allowance for expected credit losses plus net gain/(loss) on financial assets at FVTPL, printed as an unlabelled subtotal.
  14. Annual report dated 2025-03-12 prints (28,238) (millions, p73) for this line and year.
  15. “Net operating income” is an issuer-specific line, not mapped to a shared definition: Total income after credit losses and the FVTPL result.
  16. Annual report dated 2025-03-12 prints 174,671 (millions, p73) for this line and year.
  17. Annual report dated 2025-03-12 prints (40,255) (millions, p73) for this line and year.
  18. “Depreciation and amortisation” is an issuer-specific line, not mapped to a shared definition: Note 15; one combined line.
  19. Annual report dated 2025-03-12 prints (9,747) (millions, p73) for this line and year.
  20. Annual report dated 2025-03-12 prints (40,609) (millions, p73) for this line and year.
  21. “Loss on monetary position” is an issuer-specific line, not mapped to a shared definition: Note 18: hyperinflation adjustment (IAS 29) for the South Sudan subsidiary.
  22. Annual report dated 2025-03-12 prints 81,973 (millions, p73) for this line and year.
  23. Annual report dated 2025-03-12 prints (20,198) (millions, p73) for this line and year.
  24. “Profit for the year from continuing operations” is an issuer-specific line, not mapped to a shared definition: Profit after tax excluding the discontinued operation.
  25. Not reported in this filing: No discontinued operation in the 2024 report: no continuing-operations profit line is printed (PDF p73).
  26. “Profit from discontinued operation, net of tax” is an issuer-specific line, not mapped to a shared definition: Note 49(b): National Bank of Kenya, sold in 2025.
  27. Not reported in this filing: No discontinued operation in the 2024 report (PDF p73).
  28. Printed under different labels across filings: “Profit for the period”; “Profit for the year”.
  29. “Non-controlling interest” is an issuer-specific line, not mapped to a shared definition: As printed under 'Profit attributable to'.

Balance sheet

Balance sheet, KES millions. Columns: FY2025 — annual report (signed / final), as reported for the year; FY2024 — annual report (signed / final), comparative reported in the annual report for 2025; FY2023 — annual report (signed / final), comparative reported in the annual report for 2024.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filingFY2023Annual reportcomparative in FY2024 filing
Cash and balances with Central Bank 228,275 114,420 136,111
Loans and advances to banks 158,320 168,352 370,399
Assets classified as held for sale1 –2 148,805 –2
Financial assets at fair value through other comprehensive income 172,172 165,310 200,275
Financial assets at fair value through profit or loss 46,324 19,438 69
Derivative financial assets 172 –2 Not reported in this filing3
Financial assets at amortised cost 235,227 224,147 196,859
Other assets and prepayments 61,612 42,906 65,653
Loans and advances to customers at amortised cost 1,148,176 987,552 1,094,289
Loans and advances at fair value through profit and loss4 3,400 2,861 1,655
Investment accounted for using equity method 1,054 837 1,580
Property and equipment 24,270 22,036 23,910
Investment property 7,184 14,436 19,191
Right-of-use assets 3,822 2,547 3,095
Intangible assets 18,596 14,944 19,324
Current income tax recoverable 2,135 –2 Not reported in this filing5
Deferred income tax 36,467 33,729 38,464
TOTAL ASSETS 2,147,206 1,962,320 2,170,874
Deposits from banks 63,163 43,017 87,809
Deposits from customers 1,592,612 1,381,975 1,690,909
Liabilities relating to assets held for sale6 –7 135,588 –7
Payables and accrued expenses8 51,063 36,2099 54,413
Derivative liability 708 267 Not reported in this filing10
Lease liabilities11 4,292 3,896 5,797
Current income tax payable12 1,774 6,455 3,668
Post-employment benefits obligation13 701 664 601
Borrowings 90,151 69,273 88,658
Deferred income tax 2,187 1,997 3,459
Total liabilities 1,806,651 1,679,341 1,935,314
Share capital 3,213 3,213 3,213
Share premium 27,690 27,690 27,690
Statutory credit risk reserve 17,903 20,687 17,152
Other reserves14 (17,155) (24,588) (16,684)
Proposed dividends15 9,640 4,820 –16
Retained earnings 290,175 243,066 196,151
Attributable to equity holders of the company 331,466 274,888 227,522
Non-controlling interest 9,089 8,091 8,038
Total equity 340,555 282,979 235,560
TOTAL LIABILITIES AND EQUITY 2,147,206 1,962,320 2,170,874
  1. Printed “-”, read as nil: subtotal_arithmetic: bs.total_assets.
  2. Printed “-”, read as nil: subtotal_arithmetic: bs.total_liabilities.
  3. Printed “-”, read as nil: subtotal_arithmetic: bs.equity_attributable_to_owners.
Notes and alternative reported figures (13)
  1. “Assets classified as held for sale” is an issuer-specific line, not mapped to a shared definition: Note 49: National Bank of Kenya at 31 December 2024.
  2. Not reported in this filing: The 2024 statement of financial position (PDF p75) prints no derivative assets line.
  3. “Loans and advances at fair value through profit and loss” is an issuer-specific line, not mapped to a shared definition: Note 26.
  4. Not reported in this filing: The 2024 statement of financial position (PDF p75) prints no current income tax recoverable line.
  5. “Liabilities relating to assets held for sale” is an issuer-specific line, not mapped to a shared definition: Note 49.
  6. “Payables and accrued expenses” is an issuer-specific line, not mapped to a shared definition: Note 37.
  7. Annual report dated 2025-03-12 prints 36,476 (millions, p75) for this line and year.
  8. Not reported in this filing: The 2024 statement of financial position (PDF p75) prints no derivative liability line.
  9. “Lease liabilities” is an issuer-specific line, not mapped to a shared definition: Note 38; not split into current and non-current.
  10. Printed under different labels across filings: “Current income tax”; “Current income tax payable”.
  11. Printed under different labels across filings: “Post-employment benefits obligation”; “Retirement benefits obligation”.
  12. “Other reserves” is an issuer-specific line, not mapped to a shared definition: Note 42: fair value, translation and other reserves combined.
  13. “Proposed dividends” is an issuer-specific line, not mapped to a shared definition: Proposed final dividend held in equity until approved.

Cash flow

Cash flow, KES millions. Columns: FY2025 — annual report (signed / final), as reported for the year; FY2024 — annual report (signed / final), comparative reported in the annual report for 2025; FY2023 — annual report (signed / final), comparative reported in the annual report for 2024.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filingFY2023Annual reportcomparative in FY2024 filing
Net cash flows from/ (used in) operating activities1 103,951 (135,786)2 249,445
Proceeds from disposal of property and equipment 278 79 35
Purchase of intangible assets (6,108) (3,883) (2,400)
Purchase of property and equipment (4,048) (6,252) (1,726)
Disposal of subsidiary, net of cash disposed of3 (16,666) Not reported in this filing4 Not reported in this filing5
Net cash flows from/ (used in) investing activities6 (26,544) (10,056) (4,091)
Proceeds from borrowings 35,593 18,645 17,043
Payment of principal portion of borrowings (14,563) (11,292) (6,629)
Payment of interest portion of borrowings (5,547) (5,004) (5,303)
Payments of standby letters of credit7 –8 (12,400) –8
Payment of principal portion of lease liabilities (1,646) (2,380) (497)
Dividends paid (17,674) (4,820) (3,213)
Net cash flows used in financing activities (3,837) (17,251) 1,401
Increase/ (Decrease) in cash and cash equivalents9 73,570 (163,093)10 246,755
Cash and cash equivalents at start of year 329,257 495,02111 212,073
Effects of foreign currency translation 2,072 (2,671)12 809
Cash and cash equivalents at end of year 404,899 329,25713 459,637
  1. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
Notes and alternative reported figures (12)
  1. Printed under different labels across filings: “Net cash flows from/ (used in) operating activities”; “Net cash flows generated from operating activities”.
  2. Annual report dated 2025-03-12 prints (131,189) (millions, p78) for this line and year.
  3. “Disposal of subsidiary, net of cash disposed of” is an issuer-specific line, not mapped to a shared definition: Note 49(a).
  4. Not reported in this filing: No 2024 amount and no dash printed for 'Disposal of subsidiary, net of cash disposed of' (PDF p82).
  5. Not reported in this filing: The 2024 cash-flow statement (PDF p78) prints no disposal-of-subsidiary line.
  6. Printed under different labels across filings: “Net cash flows from investing activities”; “Net cash flows from/ (used in) investing activities”.
  7. “Payments of standby letters of credit” is an issuer-specific line, not mapped to a shared definition: Note 40.
  8. Printed under different labels across filings: “(Decrease)/ Increase in cash and cash equivalents”; “Increase/ (Decrease) in cash and cash equivalents”.
  9. Annual report dated 2025-03-12 prints (158,496) (millions, p78) for this line and year.
  10. Annual report dated 2025-03-12 prints 459,637 (millions, p78) for this line and year.
  11. Annual report dated 2025-03-12 prints (1,857) (millions, p78) for this line and year.
  12. Annual report dated 2025-03-12 prints 299,284 (millions, p78) for this line and year.

Per share and shares

Per share and shares. Columns: FY2025 — annual report (signed / final), as reported for the year; FY2024 — annual report (signed / final), comparative reported in the annual report for 2025; FY2023 — annual report (signed / final), comparative reported in the annual report for 2024.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filingFY2023Annual reportcomparative in FY2024 filing
Earnings / (loss) per share (per share)1 20.80 18.70 11.26
Profit / (loss) attributable to shareholders (KES millions)2 66,819 60,090 36,176
Weighted average shares (shares)3 3,213 million 3,213 million 3,213 million
Notes and alternative reported figures (3)
  1. Earnings / (loss) per share: printed as “Basic earnings per share”.
  2. Profit / (loss) attributable to shareholders: printed as “Equity holders of the company”.
  3. Weighted average shares: printed as “Weighted average number of ordinary shares”.

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.

Dividend events, the issuer's wording, and amounts as printed
Year endedEventWording as printedAmountUnitSource
31 Dec 2025 Dividend recommended, subject to shareholder approval The directors have proposed payment of a final dividend in respect of the year 31 December 2025 of Ksh 3.00 per ordinary share no amount Annual report, p71
31 Dec 2025 Dividend proposed per share, as printed in a statement Final dividend proposed for the year, per share 3.00 KES per share Annual report, p71
31 Dec 2025 Dividends paid (cash flow statement) Dividends paid (17,674) KES millions Annual report, p82
31 Dec 2024 Dividend proposed per share, as printed in a statement Final dividend proposed for the year, per share 1.50 KES per share Annual report, p71
31 Dec 2024 Dividend proposed per share, as printed in a statement Final dividend proposed for the year, per share 1.5 KES per share Annual report, p124
31 Dec 2024 Dividends paid (cash flow statement) Dividends paid (4,820) KES millions Annual report, p82
31 Dec 2023 No dividend proposed The directors have proposed a final dividend in respect of the year ended 31 December 2024 of Ksh 1.5 per ordinary share (2023: Nil) no amount Annual report, p124
31 Dec 2023 Dividends paid (cash flow statement) Dividends paid (3,213) KES millions Annual report, p78

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.

  • KCB Group Plc 2025 Integrated Report & Financial Statements

    Year ended 31 December 2025 · Annual report · signed / final

    Audit: PricewaterhouseCoopers LLP (Kenya), unmodified opinion · signed

    Auditor's sign-off: PricewaterhouseCoopers LLP; engagement partner FCPA Kang'e Saiti (Practicing Certificate 1652)

    Final status: Auditor's report names the engagement partner and is dated 11 March 2026 (PDF p77); statements approved by the board on 11th March 2026 (PDF p79). The auditor's and directors' signatures are printed in this copy (page images checked in the rc2 verification).

    Document date
    11 Mar 2026
    Auditor's report
    11 Mar 2026
    Board approval
    11 Mar 2026
    Retrieved by us
    6 Oct 2026 (not a publication date)
    Used for
    statement columns FY2025, FY2024
    Basis
    consolidated statements · KES millions (printed “Ksh million”)
    • Profit attribution (PDF p78): 'Profit attributable to owners of the Company arises from: Continuing operations 65,100 58,863, Discontinued operations 3,251 1,227, total 68,351 60,090', whereas profit attributable to equity holders is printed as 66,819 (2025) and 60,090 (2024). Note 20 (PDF p119) bases EPS on 'Ksh 68,351 million' and prints 2024 basic EPS 18.84 against 18.70 on the face of the statement. The face figures are recorded.
    • National Bank of Kenya is presented as a discontinued operation (note 49): the 2024 profit-or-loss comparatives are re-presented on a continuing-operations basis and differ from the 2024 report (e.g. interest income 206,857 here, 225,807 in the 2024 report).
    • The 2024 cash-flow column is headed 'Restated*': cash and cash equivalents now include the Central Bank of Kenya cash reserve ratio balance (note 2.31). The statement of financial position and profit or loss are not restated.
    • Two printed pages per PDF page; page references are PDF pages (printed page numbers in parentheses in the spec).
    Technical details
    File
    138 pages, with a text layer
    SHA-256
    5f8a94a33c43be6773b5fb2daba6cebde30aa3177d5397aeb889a4eda13261f1
    Entity as printed
    KCB Group Plc and its subsidiaries (the Group)
    Issuer copy
    retrieved 2026-10-06T22:57:06Z

  • KCB Group Plc 2024 Integrated Report and Financial Statements

    Year ended 31 December 2024 · Annual report · signed / final

    Audit: PricewaterhouseCoopers LLP (Kenya), unmodified opinion · signed

    Auditor's sign-off: PricewaterhouseCoopers LLP; engagement partner FCPA Michael Mugasa (Practicing Certificate 1478)

    Final status: Auditor's report names the engagement partner and is dated 12 March 2025 (PDF p73); statements approved by the board on 12 March 2025 (PDF p75). The auditor's and directors' signatures are printed in this copy (page images checked in the rc2 verification).

    Document date
    12 Mar 2025
    Auditor's report
    12 Mar 2025
    Board approval
    12 Mar 2025
    Retrieved by us
    6 Oct 2026 (not a publication date)
    Used for
    statement columns FY2023
    Basis
    consolidated statements · KES millions (printed “Ksh million”)
    • The 2025 report re-presents these 2024 figures for the discontinued operation (National Bank of Kenya) and reclassifies the 2024 cash flow for the cash reserve ratio; this document's 2024 figures are as originally published.
    • Two printed pages per PDF page; page references are PDF pages.
    Technical details
    File
    131 pages, with a text layer
    SHA-256
    a99d237b3d4051efd844e6644f1310b108bc2a20f10fb96988872d81cb6b6a92
    Entity as printed
    KCB Group Plc and its subsidiaries (the Group)
    Issuer copy
    retrieved 2026-10-06T22:57:08Z

Data notes

No figure-level notes beyond those in the tables.

Review status: every figure has been checked against its cited source page in an AI-assisted source verification (7 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.

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