Ncba Group Plc · NSEKE:NCBA
Ncba — H1 2026 Earnings Presentation
46 slides from Ncba's earnings presentation, August 2026
Slide 1: NCBA H1 2026 Investor Deck
PG NCBA H1 2026 Investor Deck August 2026
Slide 2: Contents
CONTENTS WHO WE ARE < OPERATING ENVIRONMENT < UPDATE ON STRATEGY < FINANCIAL PERFORMANCE H1 2026<
Slide 3: H1 2026 Key Messages
PG 3 H1 2026 KEY MESSAGES 1 2 3 We have began delivering on our Strong Financial Performance Strategic Partnership with Nedbank 2026-2030 Strategy In H1 2026 1. Fortify the Core of our Business; 1. Strong Earnings Growth and Improved Profitability; ✓ Core platform investments yielding 1. The offer c
Slide 4: Contents
CONTENTS WHO WE ARE < OPERATING ENVIRONMENT < UPDATE ON STRATEGY < FINANCIAL PERFORMANCE H1 2026<
Slide 5: Who We Are | Our Group Structure
PG 5 WHO WE ARE | Our Group Structure We have expanded beyond our banking roots to providing non-banking services to our customers NCBA GROUP PLC BANKING SUBSIDIARIES NON-BANKING SUBSIDIARIES NCBA NCBA NCBA NCBA NCBA NCBA NCBA BANK BANK BANK BANK INSURANCE NCBA LOOP DFS BANCASSURANCE INVESTMENT KENY
Slide 6: Who We Are | NCBA Overview
PG 6 WHO WE ARE | NCBA Overview Our footprint demonstrates a diversified group and a unique financial services partner across the region UGANDA Banking Business 5 Branches Customers KES KES KES • 9.9K Core Bank • 16.4Mn Digital 739Bn 551Bn 382Bn Total Assets Deposits Lending +4,058 Staff ~USD 6Bn ~U
Slide 7: Who We Are | Our Positioning
PG 7 WHO WE ARE | Our Positioning Anchored in our core values & customer promise, we are committed to becoming East Africa’s most trusted financial ally OUR PURPOSE, VISION & GOAL OUR VALUES CUSTOMER PROMISE Our Purpose, Vision and Goal are We remain deeply committed to Our Customer aligned to enabl
Slide 8: Who We Are | Our Positioning: Ubuntu
PG 8 WHO WE ARE | Our Positioning Ubuntu mindset is our edge; uniting teams, aligning with our customers and transforming shared belief into shared value BELONGING UNDERSTANDING “I am part of something “My Bank gets me. My bigger than myself. My ideas and challenges presence matters here.” are under
Slide 9: Who We Are | Awards & Accolades
PG 9 WHO WE ARE | Awards & Accolades We have received several notable accolades, including excellence in Customer Experience, Data Protection & Compliance, Youth Financial Inclusion, and recognitions in Leadership & Governance Digital & Operational Governance & Leadership BRAND DATA & GOVERNANCE & C
Slide 10: Who We Are | Senior Leadership
PG 10 WHO WE ARE | Senior Leadership We are led by an exceptional team who have demonstrated resilience & agility in responding to market dynamics & pursuing growth with an average tenure of 10yrs with the Group John Gachora David Abwoga Esther Kung’u Monicah Kihia Tim Armitage Louisa Wandabwa James
Slide 11: Contents
CONTENTS WHO WE ARE < OPERATING ENVIRONMENT < UPDATE ON STRATEGY < FINANCIAL PERFORMANCE H1 2026<
Slide 12: Our Operating Environment
PG 12 OUR OPERATING ENVIRONMENT Global economic activity is expected to slow to 3.0% in 2026 from 3.5% in 2025, underpinned by heightened geopolitical risks Global growth remains resilient supported Favorable regional economic growth with Major central banks are expected to 1 by AI-driven productivi
Slide 13: Our Operating Environment: Regional Economies
PG 13 OUR OPERATING ENVIRONMENT Regional economies continue to demonstrate resilience, though current external shocks warranted the implementation of tighter policies in Rwanda and Tanzania KENYA UGANDA RWANDA TANZANIA • Real GDP growth likely to print lower at about • Broad-based growth & investmen
Slide 14: Contents
CONTENTS WHO WE ARE < OPERATING ENVIRONMENT < UPDATE ON STRATEGY < FINANCIAL PERFORMANCE H1 2026<
Slide 15: Our Strategy 2026-2030
PG 15 OUR STRATEGY 2026-2030 We have entered our next strategic cycle — anchored on four strategic pillars that will unlock greater possibilities for our stakeholders – customers, communities & partners Our Purpose Banking on Belief, Empowering Ambitions 1. Fortify the Core 2. Scale High Growth Segm
Slide 16: Our Strategy 2026-2030: Delivery Outcomes
PG 16 OUR STRATEGY 2026-2030 Building on our foundation; we have begun delivering on our 2026-2030 Strategy with solid outcomes Strategy Pillars H1 26 Business Outcomes H1 26 Financial Outcomes Core Bank Customer Growth Total assets Fortify the Core Engineer our business to 542,334 20% KES 739Bn 12%
Slide 17: Our Strategy: Fortify the Core
PG 17 OUR STRATEGY: FORTIFY THE CORE Reliability as the Proof of our Brand: We continue to strengthen our operational reliability and deepen customer trust across every touchpoint H1 2026 performance metrics show consistent, measurable improvement across our systems; Rising NPS scores across both ch
Slide 18: Our Strategy: Fortify the Core: Data as a Platform
PG 18 OUR STRATEGY: FORTIFY THE CORE Data as a Platform for Growth: We are embracing an AI-first mindset to unlock greater efficiency and enhance commercial effectiveness Highlights AI USE CASES 1. Enterprise-wide AI 37 DEPLOYED adoption gaining momentum. Live AI and intelligent automation solutions
Slide 19: Our Strategy: Fortify the Core: Elevate Corporate Banking
PG 19 OUR STRATEGY: FORTIFY THE CORE Elevate Corporate Banking: We have a large and resilient corporate business, with disciplined margin management improving outcomes and Connect Plus enhancing customer experience Corporate Loans & Deposits Beyond Lending Connect Plus Usage and Adoption Corporate L
Slide 20: Our Strategy: Fortify the Core: SMEs
PG 20 OUR STRATEGY: FORTIFY THE CORE Speed & Agility for Business (SMEs): We continue to deepen our SME franchise through regional lending growth, expanding customer relationships, and growing our digital merchant ecosystem, through LOOP SME Lending (KES Bns) LOOP Merchant Lending LOOP Merchants Ken
Slide 21: Our Strategy: Scale High Growth Segments: Wealth
PG 21 OUR STRATEGY: SCALE HIGH GROWTH SEGMENTS Access as our Wealth Edge: By elevating access, curating more and partnering wider, we are building the platform and capabilities to win in Wealth Management How We are Scaling Elevate Wealth Access Curate New Products Enhance our Advisory Services Tran
Slide 22: Our Strategy: Scale High Growth Segments: Digital Simplicity
PG 22 OUR STRATEGY: SCALE HIGH GROWTH SEGMENTS Digital Simplicity for the Modern Consumer: We are accelerating customer acquisition through a blend of traditional and digital channels, driving growth in our mobile lending activity & digital account opening Customer Acquisition Transaction Volume Cha
Slide 23: Our Strategy: Digital Disbursements
PG 23 OUR STRATEGY: SCALE HIGH GROWTH SEGMENTS Digital Simplicity for the Modern Consumer: We are the undisputed digital lending leader, scaling our digital disbursements to over KES 819 Billion across Africa Evolution of Digital Disbursements (KES Bns) Group Kenya Regions Fuliza 741.1 MoKash (UG) M
Slide 24: Our Strategy: Insurance Embedded in Every Relationship
PG 24 OUR STRATEGY: SCALE HIGH GROWTH SEGMENTS Insurance Embedded in every relationship: Our insurance subsidiaries have delivered remarkable gains, with significant growth in our Gross written premiums NCBA Insurance NCBA BancAssurance Current Position NCBA Insurance GWP Bancassurance GWP (KES Bns)
Slide 25: Our Strategy: Unlock New Growth Frontiers: Nedbank
PG 25 OUR STRATEGY: UNLOCK NEW GROWTH FRONTIERS Beyond Organic: The Nedbank- NCBA transaction will accelerate our strategy; deepen capabilities & accelerate long-term growth while offering value to shareholders About Nedbank Strategic Rationale ▪ Nedbank is one of Africa’s oldest and largest diversi
Slide 26: Our Strategy: Nedbank Offer Closed
PG 26 OUR STRATEGY: UNLOCK NEW GROWTH FRONTIERS Beyond Organic: The offer closed on 10 July 2026 with 79.9% shareholder acceptance, with key regulatory approvals on track and completion expected between Q3 & Q4 2026 1. Offer Closed 2. Total Acceptances Received 3. Breakdown 1.316 Billion NCBA Shares
Slide 27: Our Strategy: Future Ready Ubuntu: ESG Integrated
PG 27 OUR STRATEGY: FUTURE READY UBUNTU ESG Integrated: We continue to deliver measurable environmental & social impact by scaling sustainable finance, investing in our communities and fostering an inclusive workplace H1 2026 Progress Update Environmental Green Finance People, Planet & Inclusion Soc
Slide 28: Our Strategy: Future Ready Ubuntu: Brand Ubuntu
PG 28 OUR STRATEGY: FUTURE READY UBUNTU Brand Ubuntu: Brand consideration rose to 49% in H1 2026, supported by stronger brand power & targeted youth-led initiatives that continue to make the brand more relevant to young audiences Our Brand Assets Brand Health Outcomes Brand Power Index People reache
Slide 29: Contents
CONTENTS WHO WE ARE < OPERATING ENVIRONMENT < UPDATE ON STRATEGY < FINANCIAL PERFORMANCE H1 2026<
Slide 30: NCBA Group Financial Performance
PG 30 NCBA GROUP FINANCIAL PERFORMANCE Our diversified business model continues to demonstrate growth and resilience, with our digital bank subsidiaries leading the charge delivering a 49% profit growth in H1 2026 Core Banking Subsidiaries Digital Banking Subsidiaries Amount in KES Millions (PBT) H1
Slide 31: NCBA Group Financial Performance
PG 31 NCBA GROUP FINANCIAL PERFORMANCE Our Group continues to deliver resilient earnings growth, supported by a stronger balance sheet, improving asset quality and disciplined execution Amounts in KES Bns Balance Sheet Income Statement Gross Loans NPL ratio Total NFI/Total Total Assets ROAA Customer
Slide 32: Banking Subsidiaries
PG 32 NCBA GROUP FINANCIAL PERFORMANCE We are seeing strong revenue contributions across our Group with stable return outcomes REVENUE % CONTRIBUTION EFFICIENCY RETURNS* TOTAL INCOME COST TO INCOME RATIO RETURN ON AVERAGE EQUITY NCBAK KES33.5Bn 82.3% 44.6% 22.2% Banking Subsidiaries NCBAU KES2.2Bn 5
Slide 33: Regional Franchise Performance
PG 33 NCBA GROUP FINANCIAL PERFORMANCE Our regional franchise continues to deliver meaningful earnings and loan growth diversification, contributing over 10% of Group income and lending Regional Ops Income (KES B) % Share of Group % Share of Group 14.2% 15.0% 11.9% 11.7% 12.4% 11.3% 11.2% 10.5% 10.8
Slide 34: Digital Investments Driving Disbursement Growth
PG 34 NCBA GROUP FINANCIAL PERFORMANCE Digital investments are driving strong disbursement growth (+27%) and improving profitability, with our digital business now contributing 32% to the Group’s profit before tax Total Disbursements (KES Bns) Digital PBT (KES Bns) % Share of Group 32.0% 23.0% 25.0%
Slide 35: Deposits and CASA Mix
PG 35 NCBA GROUP FINANCIAL PERFORMANCE Focus on procuring a higher CASA mix is continually driving lower funding costs We saw a 10% growth in deposits y-o-y …. …with our CASA base showing higher growth of 13% representing 55% of our deposit mix and delivering lower funding costs Amounts in KES Bns C
Slide 36: Margin Expansion and Net Interest Income
PG 36 NCBA GROUP FINANCIAL PERFORMANCE Disciplined balance sheet management and funding optimization have sustained margin expansion and accelerated net interest income growth Our balance sheet re-pricing and funding optimization have …translating into a meaningful uplift in net interest income. dri
Slide 37: Non-Funded Income Growth
PG 37 NCBA GROUP FINANCIAL PERFORMANCE Our diversified business model continues to deepen earnings resilience, with strong transaction activity and multiple fee streams driving non-funded income growth Our franchise strengths continue to show results with …while revenues from digital business, FX an
Slide 38: Risk Management and Asset Quality
PG 38 NCBA GROUP FINANCIAL PERFORMANCE Our disciplined risk management framework continues to support portfolio growth while preserving asset quality and maintaining a better-quality loan book than industry average… We accelerated lending y-o-y through disciplined portfolio …and we continue to show
Slide 39: Provisioning and Coverage
PG 39 NCBA GROUP FINANCIAL PERFORMANCE …supported by our prudent provisioning approach which continues to strengthen coverage across higher-risk portfolios, reinforcing the resilience of our balance sheet and credit franchise Stage 1 Stage 2 Stage 3 0.9% 32.3% 67.4% 0.9% 65.5% 0.8% 12.8% 59.8% Cover
Slide 40: Operational Leverage and Costs
PG 40 NCBA GROUP FINANCIAL PERFORMANCE We are now seeing operational leverage as our investments are translating to higher revenue growth with modest growth in our expenses We saw OPEX increasing modestly by 5% in H1 25 driven by …delivering better efficiency outcomes with CIR strengthening inflatio
Slide 41: Capital Position
PG 41 NCBA GROUP FINANCIAL PERFORMANCE Our strong capital position continues to provide substantial capacity for growth, while preserving resilience well above regulatory requirements across our markets Total Capital/RWA across our Markets Minimum Buffer H1 26 H1 25 Requirements 7.2% 21.7% 22.4% Gro
Slide 42: Return Outcomes: ROE and ROA
PG 42 NCBA GROUP FINANCIAL PERFORMANCE …while consistently delivering strong return outcomes aligned with Tier 1 banking performance over the last three years We are delivering on post merger promises on ROE… …while matching similar sized peers on ROA 21.9% 3.4% 3.4% 18.9% 19.0% 3.0% H1 24 H1 25 H1
Slide 43: H1 2026 Key Messages
PG 43 H1 2026 KEY MESSAGES 1 2 3 We have began delivering on our Strong Financial Performance Strategic Partnership with Nedbank 2026-2030 Strategy In H1 2026 1. Fortify the Core of our Business; 1. Strong Earnings Growth and Improved Profitability; ✓ Core platform investments yielding 1. The offer
Slide 44: FY 2026 Guidance
PG 44 FY 2026 GUIDANCE We expect a continued and strong underlying growth trajectory across the following metrics Metric FY 26 Guidance Commentary • Create value for our shareholders and re-invest Return on Equity >20% internal capital generated to foster growth • Unlock more capital allocation to n
Slide 45: Disclaimer
PG 45 DISCLAIMER Disclaimer: These results are provided for informational purposes only and should not be construed as an offer to buy or sell any securities or financial instruments. With regards to any market or other third-party data included in this release, NCBA Group Plc (“the Group”) can prov
Slide 46: PG
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