I&m Group Plc · NSEKE:IMH
I&m — Q1 2026 Earnings Presentation
37 slides from I&m's earnings presentation, June 2026
Slide 1: Q1 2026 Investor Presentation
Investor Presentation Q1 2026 Investor Presentation
Slide 2: Our Regional Footprint
Our Regional Footprint Our Regional Footprint 119 Branches Kenya Uganda Rwanda • 734,300+ Customers • 61,660+ Customers • 159,450+ Customers • 73 Branches • 12 Branches • 20 Branches 154 • 80 ATMs • 14 ATMs • 40 ATMs ATMs • 2,257 Staff • 334 Staff • 538 Staff Over 1Mn Total Customers Over 3,700 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 Q1 2026 +20% 17% Return on Equity Develop Leadership in our +90% 91% Core Segments Digitally Active Customers (Corporate & Commercial) + +70% 76% Net Promoter Score Build Relevance in Emerging Customer Segments >1 >1 Million (Retail & SMEs) Million Custo
Slide 5: Q1 2026 Group Highlights
Group Highlights Q1 2026 Group Highlights
Slide 6: Regional economic outlook 2026
bove 5.0% in 2026 Inflationary pressures are moderating across the region Currencies trend towards stabilisation, however global risks spill over starting to impact the trend The region’s real GDP growth expected to average above 5.0% in 2026 Inflationary pressures are moderating across the region C
Slide 7: Group Income Statement – Operating Income
Group Income Statement – Operating Income Total Operating Income (KES Bn) Total Operating Income Breakdown Segmental Total Operating Income Contribution 16.1 24% 16.1 13.0 11.5 12% 13.0 3.8 30% 30% 11.5 41% 7% 14% 3.6 3.2 47% 41% 12.3 55% 12% 9.4 31% 8.3 22% 28% 4% Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1
Slide 8: Group Income Statement - Profitability
Group Income Statement - Profitability Provisions (KES Bn) Profit Before Provisions (KES Bn) Profit Before Tax (KES Bn) 2.6 8.9 6.4 5.9 63% 7.3 22% 9% 5.1 6.4 13% 4% 16% 1.5 1.6 Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 Key Ratios Q1 2024 Q1 2025 FY 2025 Q1 2026 ❑ Provi
Slide 9: Group Balance Sheet
Group Balance Sheet Total Assets (KES Bn) Net Loans and Advances (KES Bn) Customer Deposits (KES Bn) 743 323 512 291 294 31% 10% 26% 568 407 533 1% 384 6% 7% Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 Key Ratios Q1 2024 Q1 2025 FY 2025 Q1 2026 ❑ The Group Balance sheet e
Slide 10: Group Loans & Advances
Group Loans & Advances Segmental Loans & Advances Sectoral Breakdown of Loans & Advances 323 30% 291 294 Manufacturing 23% ❑ Retail & Business 18% 103 Real Estate 18% Banking loans made up 94 -5% 87 8% 32% of the overall loan Trade 17% 22% portfolio (Q1 2025: 219 Personal/Household 15% 30%) 197 5% 2
Slide 11: Group Customer Deposits
Group Customer Deposits Segmental Customer Deposits CASA Contribution 512 291 384 266 52% 51% 49% 7% 3% 248 ❑ Retail & Business 241 Banking deposits 246 49% 51% made up 52% of the 11% 55% 48% 143 159 overall loan portfolio (Q1 2025: 61%) Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 Corporate & In
Slide 12: Group Summary Highlights
Group Summary Highlights Group Summary Highlights Total Operating Income (KES) Profit Before Tax (KES) Profit After Tax (KES)* 16.1 bn 6.4 bn 5.0 bn +24% +9% +19% *PAT before non-controlling interest Net Loans & Advances (KES) Customer Deposits (KES) Cost of Risk 323 bn 512 bn 3.4% Absolute +10% +26
Slide 13: Geographical Diversification
Geographical Diversification Subsidiary PBT Contribution Breakdown ❑ PBT Contribution of Regional Banking subsidiaries 31% - Bank One, 3% up from 26% as of Q1 2025 Q1 2026 Rwanda, 15% ❑ Contribution of Regional Banking subsidiaries to Total Tanzania, 8% Assets 30% - up from 29% as of Q1 2025 Uganda,
Slide 14: Q1 2026 Subsidiary Highlights
Subsidiary Highlights Q1 2026 Subsidiary Highlights
Slide 15: Kenya economic outlook
2026 driven by sectors like agriculture, transport, finance, and recovering construction / mining. Q1 saw macro stability with low inflation but cost pressures began building towards the end of Quarter; Policy rate maintained at 8.75% in April 2026, signalling a pause amid rising risks; Kenya’s econ
Slide 16: Kenya Contribution to Profit Before Tax
Kenya 69% (Q1 2025:74%) Contribution to Profit Before Tax Total Operating Income (KES Bn) Loan Loss Provision Expense (KES Bn) Profit Before Tax (KES Bn) 10.4 2.1 8.7 21% 84% -1% 7.9 4.1 4.0 10% 9% 8% 1.0 1.1 3.8 Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 ❑ Strong growth
Slide 17: Kenya Contribution to Total Assets
Kenya 70% (Q1 2025:71%) Contribution to Total Assets Total Assets (KES Bn) Net Loans & Advances (KES Bn) Customer Deposits (KES Bn) 365 509 224 224 30% 3% 286 292 25% 386 393 218 2% -3% 2% Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 Key Ratios Q1 2024 Q1 2025 FY 2025 Q1 2
Slide 18: Kenya Bancassurance Business
Kenya Bancassurance Business Total Revenues (KES Mn) Profit Before Tax (KES Mn) 324 280 33% 46% 243 186 192 209 16% 3% Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 ❑ 33% growth in revenues, driven by a 41% increase in customer base; ❑ Profit before tax surged 46% to KES 280 mn, underpinned by dee
Slide 19: Kenya Wealth Management Business
Kenya Wealth Management Business Assets Under Management (KES Bn) Total Revenue (KES Mn) 229 120% 114 209% 212% 52 270% 74 17 20 Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 ❑ Strong overall revenue growth achieved year on year driven by robust growth in AUM. Investor appetite increased during th
Slide 20: Tanzania economic outlook
grow by 6.3% in 2026, driven by sectors like services including tourism, construction, agriculture, and industry. Inflation has been amongst the lowest in the region at an average of 3.3% driven by stable food supply and prudent monetary policy; Central Bank Rate (CBR) held at 5.75% throughout Q1 20
Slide 21: Tanzania Contribution to Profit Before Tax
Tanzania 8% (Q1 2025:6%) Contribution to Profit Before Tax Total Operating Income (KES Bn) Loan Loss Provision Expense (KES Bn) Profit Before Tax (KES Bn) 0.3 0.5 1.6 24% 45% 1.3 0.3 1.0 0.3 126% 35% -7% 0.3 -3% 0.1 Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 ❑ Strong gro
Slide 22: Tanzania Contribution to Total Assets
Tanzania 7% (Q1 2025:8%) Contribution to Total Assets Total Assets (KES Bn) Net Loans & Advances (KES Bn) Customer Deposits (KES Bn) 47 26 32 43 25 38 11% 3% -4% 31 11% 24 7% 12% 29 Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 Key Ratios Q1 2024 Q1 2025 FY 2025 Q1 2026 ❑ T
Slide 23: Rwanda economic outlook
by, 7.5% in 2026 driven by vibrant services, industrial sectors and improving agriculture, supported by digital infrastructure. Inflationary pressures elevated as a result of food prices, energy, transport costs; National Bank of Rwanda raised the policy rate to 7.25% in February 2026 Rwanda’s econo
Slide 24: Rwanda Contribution to Profit Before Tax
Rwanda 15% (Q1 2025:14%) Contribution to Profit Before Tax Total Operating Income (KES Bn) Loan Loss Provision Expense (KES Bn) Profit Before Tax (KES Bn) 2.0 0.8 0.3 16% 34% 14% 0.2 0.8 0.2 1.8 -6% -5% -7% 1.7 0.7 Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 ❑ Total opera
Slide 25: Rwanda Contribution to Total Assets
Rwanda 16% (Q1 2025:15%) Contribution to Total Assets Total Assets (KES Bn) Net Loans & Advances (KES Bn) Customer Deposits (KES Bn) 55 78 116 40% 51% 39% 83 36 56 32 68 44 21% 13% 29% Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 ❑ Total Assets grew 40% year on year driven
Slide 26: Uganda economic outlook
026, driven by robust domestic demand, expanding services, improving agriculture, and increased investment in industry and infrastructure. Inflation continued to trend below 5% driven by lower food inflation and stable currency; Bank of Uganda held the Central Bank Rate at 9.75% through Q1 2026 Ugan
Slide 27: Uganda Contribution to Profit Before Tax
Uganda 5% (Q1 2025:2%) Contribution to Profit Before Tax Total Operating Income (KES Bn) Loan Loss Provision Expense (KES Bn) Profit Before Tax (KES Bn) 1.1 0.01 0.30 0.01 169% 49% -619% 135% 0.7 0.6 19% 138% 0.11 0.05 (0.04) Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 ❑
Slide 28: Uganda Contribution to Total Assets
Uganda 8% (Q1 2025:7%) Contribution to Total Assets Total Assets (KES Bn) Net Loans & Advances (KES Bn) Customer Deposits (KES Bn) 56 38 18 48% 23% 40% 15 38 25 27 34 11 13% 32% 6% Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 Key Ratios Q1 2024 Q1 2025 FY 2025 Q1 2026 ❑ To
Slide 29: Mauritius economic outlook
g performance in services, construction, and tourism, along with easing inflation and resilient domestic demand. Inflation moderated in early 2026, but risks remain elevated in line with global trends Policy stance was neutral in Q1 2026 with policy rate at 4.5% but gradually shifting towards tighte
Slide 30: Mauritius Contribution to Profit Before Tax
Mauritius 3% (Q1 2025:4%) contribution to Profit Before Tax Total Operating Income (KES Bn) Loan Loss Provision Expense (KES Bn) Profit Before Tax (KES Bn) 1.5 0.12 0.47 0.45 11% 1.4 0.42 -4% -16% 0.05 13% 1.2 -74% 266% -0.03 Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 Ke
Slide 31: Mauritius Balance Sheet
Mauritius Balance Sheet Total Assets (KES Bn) Net Loans & Advances (KES Bn) Customer Deposits (KES Bn) 78 160 182 14% 17% 13% 3% -3% 5% 141 159 68 155 66 135 Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 Key Ratios Q1 2024 Q1 2025 FY 2025 Q1 2026 ❑ Total Assets grew 14% yea
Slide 32: Q1 2026 Financial Summary
Financial Summary Q1 2026 Financial Summary
Slide 33: Group Summary Highlights
Group Summary Highlights Group Summary Highlights Total Operating Income (KES) Profit Before Tax (KES) Profit After Tax (KES)* 16.1 bn 6.4 bn 5.0 bn +24% +9% +19% *PAT before non-controlling interest Net Loans & Advances (KES) Customer Deposits (KES) Cost of Risk 323 bn 512 bn 3.4% Absolute +10% +26
Slide 34: Q1 Performance against the Medium Term Outlook
Q1 Performance against the Medium Term Outlook Q1 Performance against the Medium Term Outlook KPI Q1 2026 Medium Term Outlook Loan Growth 10% 12%-18% Develop Leadership in our Core Segments (Corporate & Commercial) Deposit Growth 26% 15%-20% Gross NPL Ratio 9.3% 8%-10% Cost to Income Ratio 45% 42%-4
Slide 35: Financial Metrics
Financial Metrics Earnings Per Share (KES) Book Value Per Share (KES) 2.7 71 16% 19% 2.3 59 2.0 16% 53 12% Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 Share Price Movement (KES) 60.00 50.00 48.80 42.50 40.00 The share price closed at KES 48.80 as of 31st 30.00 March 2026 and reflects 20.00 a 15%
Slide 36: 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 37: 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