I&m Group Plc · NSEKE:IMH
I&m — FY2025 Earnings Presentation
44 slides from I&m's earnings presentation, March 2026
Slide 1: Investor Presentation 2025
Investor Presentation 2025 Investor Presentation
Slide 2: Our Regional Footprint
Our Regional Footprint Our Regional Footprint 119 Branches Kenya Uganda Rwanda • 673,600+ Customers • 66,700+ Customers • 146,500+ Customers • 71 Branches • 12 Branches • 20 Branches 154 • 78 ATMs • 14 ATMs • 40 ATMs ATMs • 2094 Staff • 318 Staff • 529 Staff Over 965k Total Customers Over 3,500 Staf
Slide 3: iMara 3.0 Strategy (2024-2026)
iMara 3.0 Strategy (2024-2026) Long Term Eastern Africa’s Leading Financial Partner for Growth Ambition Best Bank for >90 % 3 Year Impact +10 Mn Lives Customer Experience Digitally Active Objectives Impacted (NPS>70%) Customers 1 2 3 Develop Leadership in Build Relevance in Our Emerging Customer Bec
Slide 4: Our North Star
Our North Star Our North Star 2026 Aspiration +20% Return on Equity Develop Leadership in our Core Segments (Corporate & Commercial) +90% + Digitally Active Customers Impact +70% >10 Net Promoter Score Build Relevance in Emerging Customer Million Lives Segments (Retail & SMEs) + >1 Million Customers
Slide 5: Our Key Successes – at the end of Y2 of iMara 3.0
Our Key Successes – at the end of Y2 of iMara 3.0 Our Key Successes – at the end of Y2 of iMara 3.0 Customer Numbers Revenue Contribution from New Business 2024 2025 2024 2025 +727K +965K 25% 24% Net Promoter Score Subsidiary PBT Contribution 2024 2025 2024 2025 75% 79% 28% 24% >11 Million Digitally
Slide 6: Group Highlights
Group Highlights 2025 Group Highlights
Slide 7: Region's real GDP growth expected above 5.0% in 2026
bove 5.0% in 2026 Inflationary pressures are moderating across the region Currencies trend towards stabilisation, however global risks spill over could impact the trend The region’s real GDP growth expected to average above 5.0% in 2026 Inflationary pressures are moderating across the region Currenc
Slide 8: Group Income Statement
Group Income Statement Total Operating Income (KES Bn) Profit Before Provisions (KES Bn) ❑ Overall strong growth in total operating income 32.1 60.3 driven by a 31% increase in non-interest income 26.7 50.6 19% 20% supported by a 33% increase in customer numbers 42.7 22.3 during the year; 19% ❑ Oper
Slide 9: Group Balance Sheet
Group Balance Sheet Total Assets (KES Bn) Customer Deposits (KES Bn) ❑ The Group balance sheet expanded on the 669 back of growth across all subsidiaries; 484 580 581 15% 417 412 17% ❑ Focus on asset quality led to the Gross NPLs 1% -1% declining from KES 36 bn to KES 31bn, leading to an improved Gr
Slide 10: Strong Liquidity and Capital Position across Subsidiaries
Strong Liquidity and Capital Position across Subsidiaries Liquidity Ratio Capital Adequacy Ratio 58.8% 55.3% 19.6% 18.7% 17.9% 47.1% 16.6% 16.9% 3.7% 5.1% 3.4% 41.6% 2.1% 4.4% 38.8% 35.3 27.1% 21.6% 28.0% 8.0% 14.5% 15.0% 14.5% 14.5% 12.5% 20% 20% 20% 20% 20% Kenya Rwanda Tanzania Uganda Mauritius K
Slide 11: Segment Highlights
Segment Highlights 2025 Segment Highlights
Slide 12: Group Segment Contribution
Group Segment Contribution Operating Income (KES Bn) Contribution to Operating Income 60.3 10% 9% 50.6 17.3 4.5 29% 42.7 4.2 41% 39% 26% 26.5 -2% 28% 21.0 25.9 49% 52% 12% -12% 43% 17.5 19.6 17.2 FY 2023 FY 2024 FY 2025 FY 2023 FY 2024 FY 2025 Corporate & Institutional Banking Retail & Business Bank
Slide 13: Developing Leadership in our Core Segment: CIB
Developing Leadership in our Core Segment Corporate & Institutional Banking (CIB) Segment Revenue KES 17.2 Bn Contribution to Total Operating income 29% New Target Growth Areas Oil & Gas Sector Public Sector China Desk Leasing 24% (2024: 20%) of CIB’s Operating Income
Slide 14: Financial Contribution: Corporate & Institutional Banking (CIB)
Financial Contribution: Corporate & Institutional Banking (CIB) Operating Income (KES Bn) CIB Contribution to Total Operating Income ❑ Decline in operating income is partly 41% 39% attributable to the depreciation the regional currencies against KES 19.6 29% 17.5 17.2 especially Rwanda; -12% 12% ❑ C
Slide 15: Building Relevance in Emerging Customer Segment: RBB
Building Relevance in Emerging Customer Segment Retail & Business Banking (RBB) Accelerating Growth through Distribution Customer Centric Product Channels +8 Innovation 154 143 33% 107 +11 119 Growth in Customer Numbers Building Scale and Relevance in Emerging Customer Segment 46% No. of Branches FY
Slide 16: Financial Contribution: Retail & Business Banking (RBB)
Financial Contribution: Retail & Business Banking (RBB) Operating Income (KES Bn) RBB Contribution to Total Operating Income ❑ Slight decline in operating income 26.5 52% mainly attributable to the depreciation 25.9 49% of regional currencies against KES 21.0 26% -2% 43% especially Rwanda; All subsi
Slide 17: Becoming a Leader in Ecosystems
Becoming a Leader in Ecosystems Becoming a Leader in Ecosystems 11.1Mn 8% >KES 5.5Bn Lives Contribution to Total Lending in Short Term Impacted Operating Income Loans 2025 Achievements ❑ Digital business accounted for 18% (2024:10%) of Payments Digital RBB’s total operating income; services lending
Slide 18: Investing for Growth: Digitization
Investing for Growth: Digitization 51% of Total Capital Expenditure spent on Technology Platform Value Growth* ❑ In 2025, 69% (2024: 50%) of new to bank accounts were opened Number of Accounts through our digital channels; >155,000 Opened Digitally +91% ❑ Total revenue from digital channels increase
Slide 19: Investing for Growth: People
Investing for Growth : People Investing for Growth : People HR costs amounted to 30% of Total Operating Expenses Overall, Gender Senior Talent To Talent Diversity Management Support Growth Engagement Ratio F:M Gender Diversity Ratio F:M 2025 3,601 81% 50%:50% 45%:55% 2024 3,246 78% 52%:48% 40%:60% ❑
Slide 20: Investing for Growth: Brand
Investing for Growth: Brand 3% (KES 930 Mn) of Total Operating Expenses invested in Brand ❑ Sustained investment in building brand and customer relevance yielding significant growth on our spontaneous Brand Awareness Score to 42%; ❑ Relevance has grown as per consumer insights 2026 report emerging a
Slide 21: Creating Impact
Creating Impact Creating Impact Resource Efficiency 7% 11% 98% 9% decrease in Reduction in of total waste increase in energy paper recycled water consumption per usage per (including e-waste) consumption per employee employee employee Enhancing the Quality of Life 1,041,250 440 >38K c.KES 400Mn c.300
Slide 22: Recognition: Living Our Brand Promise – Awards
Recognition: Living Our Brand Promise ‘On Your Side’ – Awards 2025 2025 2025 2025 2025 2025 1st Runner Up 1st Runner Up 1st Runner Up Best Bank in Product Best Bank in Product Best Bank in Sustainable Best Bank in Retail Banking Corporate Social Best Bank in Digital Best Bank in Corporate Marketing
Slide 23: Recognition: Living Our Brand Promise – Awards
Recognition: Living Our Brand Promise ‘On Your Side’ – Awards 2025 2025 2025 2025 2025 2025 2025 Outstanding Customer Best Emerging Excellence in Digital Best Private Bank Uganda Most Innovative Digital Bank Best Innovation 2025 – Banking innovation East Fastest Growing Debit Centric Bank Uganda Com
Slide 24: Group Summary Highlights
Group Summary Highlights Group Summary Highlights Total Operating Income (KES) Profit Before Tax (KES) Profit After Tax (KES)* 60.3bn 24.1 bn 19.8 bn +18% +22% +22% *PAT before non-controlling interest Net Loans & Advances (KES) Customer Deposits (KES) Cost of Risk 306 bn 484 bn 2.9% Absolute +7% +1
Slide 25: Subsidiary Highlights
Subsidiary Highlights 2025 Subsidiary Highlights
Slide 26: Geographical Diversification
Geographical Diversification Subsidiary PBT Contribution Breakdown ❑ 24% - Subsidiaries contribution to PBT; Bank One, 3% 2025 Rwanda, 13% ❑ 30% - Subsidiaries contribution to Total Assets; Tanzania, 5% ❑ USD 10.6 Mn - Cross-border business revenues Uganda, 2% (76% from 2024); Kenya, PBT Percentage
Slide 27: Kenya's economy projected to grow by 4.9% in 2026
by 4.9% in 2026 driven by sectors like agriculture, transport, finance, and recovering construction / mining. Kenya’s economy projected to grow by 4.9% in 2026 driven by sectors like agriculture, transport, finance, and recovering construction / mining. https://data.imf.org/en/Data-Explorer?datasetU
Slide 28: Kenya: 76% contribution to Profit Before Tax
76% (2024:72%) contribution to Profit Before Tax Kenya 70% (2024:72%) contribution to Total Assets ❑ Strong total operating income growth supported by Total Operating Income (KES Bn) Profit Before Tax (KES Bn) growth in interest income from earning assets driven by a 49% growth in customer numbers;
Slide 29: Kenya Wealth Management Business
Kenya Wealth Management Business Assets Under Management (KES Bn) Total Revenue (KES Mn) 565 99 223% 372% 80% 86% 31 120 17 64 FY 2023 FY 2024 FY 2025 FY 2023 FY 2024 FY 2025 ❑ Strong overall revenue growth achieved during the year driven by robust growth in AUM; ❑ Wealth Fund and USD Fixed-Income p
Slide 30: Kenya Bancassurance Business
Kenya Bancassurance Business Total Revenues (KES Mn) Profit Before Tax (KES Mn) 549 15% 20% 384 457 27% 29% 334 355 264 FY 2023 FY 2024 FY 2025 FY 2023 FY 2024 FY 2025 ❑ 20% growth in revenues driven by a 68% growth in underwritten premiums of KES 4.7bn (2024:KES 2.8bn); ❑ Supported by a 44% increas
Slide 31: Tanzania's economy projected to grow by 6.3% in 2026
grow by 6.3% in 2026, driven by sectors like services including tourism, construction, agriculture, and industry. Tanzania’s economy projected to grow by 6.3% in 2026, driven by sectors like services including tourism, construction, agriculture, and industry. https://data.imf.org/en/Data-Explorer?da
Slide 32: Tanzania: 5% contribution to Profit Before Tax
5% (2024:6%) contribution to Profit Before Tax Tanzania 8% (2024:7%) contribution to Total Assets ❑ Strong growth in total operating income driven by a Total Operating Income (KES Bn) Profit Before Tax (KES Bn) 29% increase in non-funded income on the back of 6.3 robust trade finance growth; 1.2 21%
Slide 33: Rwanda economy projected to grow by 7.5% in 2026
y, 7.5% in 2026 driven by vibrant services, industrial sectors and improving agriculture, supported by digital infrastructure. Rwanda economy projected to grow by, 7.5% in 2026 driven by vibrant services, industrial sectors and improving agriculture, supported by digital infrastructure. https://data
Slide 34: Rwanda: 13% contribution to Profit Before Tax
13% (2024:16%) contribution to Profit Before Tax Rwanda 15% (2024:13%) contribution to Total Assets ❑ Rwanda’s total operating income in Group’s reporting currency showed steady state with 2% Total Operating Income (KES Bn) Profit Before Tax (KES Bn) increase but increased by 23% in local currency a
Slide 35: Uganda's economy projected to grow by 7.6% in 2026
omy projected to grow by 7.6% in 2026, driven by robust domestic demand, expanding services, improving agriculture, and increased investment in industry and infrastructure. Uganda’s economy projected to grow by 7.6% in 2026, driven by robust domestic demand, expanding services, improving agriculture
Slide 36: Uganda: 2% contribution to Profit Before Tax
2% (2024:2%) contribution to Profit Before Tax Uganda 8% (2024:7%) contribution to Total Assets ❑ The subsidiary continued to make positive strides Total Operating Income (KES Bn) Profit Before Tax (KES Bn) with total operating income growing by 21% in local currency on the back of 13% increase in n
Slide 37: Mauritius' economy projected to grow by 3.4% in 2026
cted to grow by 3.4% in 2026, supported by strong performance in services, construction, and tourism, along with easing inflation and resilient domestic demand. Mauritius’ economy projected to grow by 3.4% in 2026, supported by strong performance in services, construction, and tourism, along with ea
Slide 38: Mauritius: 3% contribution to Profit Before Tax
Mauritius 3% (2024:5%) contribution to Profit Before Tax Total Operating Income (KES Bn) Profit Before Tax (KES Bn) ❑ Total operating income declined during the year on the back of lower yields and marginal 2.6 growth in non-funded income; 5.7 6.0 ❑ Operating expenses increased by only 6% in 5.1 1.9
Slide 39: Financial Summary
Financial Summary 2025 Financial Summary
Slide 40: Group Summary Highlights
Group Summary Highlights Group Summary Highlights Total Operating Income (KES) Profit Before Tax (KES) Profit After Tax (KES)* 60.3bn 24.1 bn 19.8 bn +18% +22% +22% *PAT before non-controlling interest Net Loans & Advances (KES) Customer Deposits (KES) Cost of Risk 306 bn 484 bn 2.9% Absolute +7% +1
Slide 41: Financial Metrics
Financial Metrics Earnings Per Share (KES) Book Value Per Share (KES) Dividends Per Share (KES) 10.8 3.75 66 8.9 21% 3.00 57 17% 25% 7.6 53 2.55 17% 6% 18% FY 2023 FY 2024 FY 2025 FY 2023 FY 2024 FY 2025 FY 2023 FY 2024 FY 2025 Share Price Movement (KES) 51.00 ❑ The share price closed at KES 42.50 o
Slide 42: Medium Term Outlook
Medium Term Outlook Medium Term Outlook Loan Growth 2025 Medium Term Subsidiary PBT Contribution Develop Leadership in our 7% 12%-18% Core Segments 2025 Medium Term (Corporate & Commercial) 24% 25%-30% Deposit Growth 2025 Medium Term Return on Equity 17% 15%-20% 2025 Medium Term 18% 18%-21% Gross Lo
Slide 43: Disclaimer
Disclaimer The contents herein have been presented in good faith. The information, statements and opinions set out in this presentation and subsequent discussion do not constitute a public offer for the purposes of any applicable law or an offer to sell or solicitation of any offer to purchase any s
Slide 44: Thank You
Thank You Merci Webale Murakoze Asante Thank You Merci Webale Murakoze Asante I&M GROUP PLC 1 PARK AVENUE 1ST PARKLANDS P.O. BOX 30238 – 00100 TEL: +254 (0)20 3221000 Investor-Relations@imgroup-plc.com