2025 Q3 Financial Results – Page 1

30.09.2025

30.06.2025 31.03.2025 31.12.2OM 30.09.2024

30.09.2025

30.06.2025 31.03.2025 31.12.2O2A 30.09.2024

KShs'OOO

KShs'OOO KShs'OOO KShs'OOO KShs'OOO

KShs'OOO

KShs'OOO KShs'OOO KShs'OOO KShs'OOO

Un-audited

Un-audited Un-oudiLed Audited Un-audited

Un-audited

Un-audited Un-audited AudiLed Un-audited

ASSETS

Cosh (both local and Foreign)

3,645,177

3,157,377 3,171,583 4,166,406 3,462,008

3,645,177

3,157,377 3,171,583 4,166,406 3,462,008

Balances due from Central Bank of Kenya

19,635,686

12,159,513 24,948,897 28,173,143 17,618,774

19,635,686

12,159,513 24,948,897 28,173,143 17,618,774

Kenya Government and other securities held for dealing purposes

11,783,746

10,524,029 3,152,584 774,509 2,719,879

11,783,746

10,524,029 3,152,584 774,509 2,719,879

Financial assets at I°oir value through profit and loss

627,385

566,688 1,399,696 3,275,741 2,397,155

627,385

566,688 1,399,696 3,275,741 2,397,155

Investment Securities:

a) Amortised cost:

i. Kenya Government securities

ii. Other securities

b) Fair value through other comprehensive income (FVOCI}

i. Kenya Government securities

94,391,979

92,550,760 92,546,047 92,911,506 65,388,336

94,391,979

92,550,760 92,546,047 92,911,506 65,388,336

ii. Other securities

2,578,153

5,159,495 5,109,531 5,091,207 2,487,588

2,578,153

5,159,495 5,109,531 5,091,207 2,487,588

Deposits and balances due From local banking institutions

6,946,879

10,518,949 500,151 5,172,172

6,946,879

10,518,949 500,151 5,172,172

Deposits and balances due from banking institutions abroad

354,147

556,837 3,610,615 657,492 1,403,862

354,147

556,837 3,610,615 657,492 1,403,862

Tox recoverable

1,930,017

2,291,243 917,349 961,104 885,026

2,053,005

2,413,150 1,023,178 1,080,212 989,983

Loans and advances to customers (net)

146,395,275

152,205,456 137,859,438 151,647,379 151,282,200

146,395,275

152,205,456 137,859,438 151,6A7,379 151,282,200

Balances due from banking instibubions in the group

Investments in associates

78,881,214

74,944,980 81,108,301 79,428,275 100,701,732

79,003,894

74,520,651 80,931,240 78,564,954 100,097,678

Investments in subsidiary companies Investments in joinC ventures

145,243

145,243 145,243 145,243 145,243

Investment properties

Property and equipment

3,380,834

3,439,117 3,441,657 3,471,552 3,499,179

3,380,834

3,439,117 3,441,657 3,471,552 3,499,179

Prepaid lease rentals

Intangible assets

5,564,788

5,739,810 5,706,787 5,516,312 5,624,617

5,564,788

5,739,810 5,706,787 5,516,312 5,624,617

Deferred tax asset

2,545,674

2,412,894 1,869,386 2,276,221 3,026,244

2,620,321

2,473,290 1,915,424 2,382,115 3,088,604

Retirement benefit asset

6,980

-

- 6,980

Other assets

5,311,781

6,496,184 6,799,634 6,209,627 5,571,464

5,454,379

6,623,442 6,920,779 6,361,410 5,703,511

TOTAL ASSETS

384,117,978

372,349,626 382,305,697 385,205,868 371,392,459

384,435,648

372,089,615 382,256,405 384,574,089 370,942,526

LIABILITIES

Balances due to Central Bank oFKenya Customer deposits

283,428,922

29O,589,58A 285,213,531 295,690,089 284,416,734

283,428,922

290,589,584 285,213,531 295,690,089 284,416,734

Deposits and balances due to local banking institutions

6,061,912

5,897 9,192 75,541 28,342

6,061,912

5,897 9,192 75,541 28,342

Deposits and balances due to foreign banking institutions

117,757

412,960 1,038,487 231,321 332,101

117,757

412,960 1,038,487 231,321 332,101

Other money market deposits

Borrowed Funds

Balances due to banking institutions in the group

20,130,856

8,882,606 12,138,062 9,174,388 7,220,031

19,494,251

8,181,159 11,163,961 8,087,854 6,204,292

Tax payable

2,549,402 1,587,139 1,731,460

86,421

17,551 2,789,860 1,742,437 1,937,919

Dividends payable

4,367,710

152,560 3,283,589

4,367,710

152,560 3,283,589

Deferred tax Iiobilif:y

Retirement benefit IiobiIiI:y

35,905

35,250 34,439 33,960 -

35,905

35,250 34,439 33,960 -

Other liabilities

7,034,515

7,218,495 5,897,597 6,757,765 8,166,233

7,063,909

7,247,970 5,917,350 6,784,207 8,204,129

TOTAL LIABILITIES

321,177,577

307,1A4,792 306,880,710 313,702,763 305,178,490

320,656,787

306,490,371 306,166,820 312,797,969 304,407,106

SHAREHOLDERS' FUNDS

Paid up/assigned capital

2,169,253

2,169,253 2,169,253 2,169,253 2,169,253

2,169,253

2,169,253 2,169,253 2,169,253 2,169,253

Shore premium/(discount)

7,792,427

7,792,427 7,792,427 7,792,427 7,792,427

7,792,427

7,792,427 7,792,427 7,792,427 7,792,427

Revaluation reserves

568,005

717,511 719,588 721,665 723,769

568,005

717,511 719,588 721,665 723,769

Retained earnings/(accumulated losses)

49,684,124

47,982,113 47,884,019 43,415,503 53,242,985

50,522,584

A8,376,523 A8,548,617 43,688,518 53,56A,436

Statutory loan loss reserves

-

297,258 - - -

-

297,258

Other reserves (fair value)

678,166

1,115,277 823,864 1,288,308 296,806

678,166

1,115,277 823,864 1,288,308 296,806

Proposed dividends

3,106,114 14,06A,702 14,064,702

-

3,106,114 14,064,702 14,064,702

Co pilot grants

2,048,426

2,024,881 1,971,134 2,051,247 1,988,729

2,048,426

2,024,881 1,971,134 2,051,247 1,988,729

TOTAL SHAREHOLDERS' FUNDS

62,94O,4O1

65,204,834 75,4M,987 71,503,105 66,213,969

63,778,861

65,599,2AA 7G,O89,585 71,776,120 66,535,420

TOTAL LIABILITIES AND SHAREHOLDERS' FUNDS

384,117,978

372,349,626 382,305,697 385,205,868 371,392,459

384,A35,648

372,089,615 382,256,405 384,574,089 370,942,526

INTEREST INCOi' IE

Loans and advances

13,619,094

9,405,434 5,007,210 22,829,270 17,318,311

13,619,094

9,405,434 5,007,210 22,829,270 17,318,311

Government securities

8,713,109

6,059,415 3,440,393 9,755,403 6,677,861

8,713,109

6,059,415 3,440,393 9,755,403 6,677,861

Deposits ond placements with banking institutions

2,803,237

1,750,252 846,220 6,231,011 5,053,902

2,803,237

1,750,252 846,220 6,231,011 5,053,902

Other interest income

Total interest income

25,135,440

17,215,101 9,293,823 38,815,684 29,050,074

25,135,MO

17,215,101 9,293,823 38,815,684 29,050,074

INTEREST EXPENSES

Customer deposits

2,668,381

1,777,243 1,026,039 4,550,504 3,269,911

2,656,614

1,770,804 1,024,927 4,528,008 3,252,877

14d,711

104,41d 48,599 300,439 270,839

146,711

Deposit and placement from banking institutions

104,416 48,599 300,439 270,839

59,858

38,801 12,653 721,934 687,695

59,858

OCher interest expenses

38,801 12,653 721,934 687,695

Total interest expenses

2,874,950

1,920,460 1,087,291 5,572,877 4,M8,W5

2,863,183

1,914,021 1,086,179 5,550,381 ',Z11,4JJ

NET INTEREST IHCOI• IE/(LOSS)

22,260,490

15,294,6A1 8,206,532 33,242,807 24,821,629

22,272,257

15,3O1,O8O 8,207,644 33,265,303 24,838,663

NON-INTEREST INCOI»IE

Fees and commissions on loans ond advances

194,778

135,324 63,922 237,448 181,129

194,778

135,324 63,922 237,448 181,129

Other fees and commissions

2,880,067

1,919,861 946,097 4,607,223 3,839,410

4,917,149

3,212,901 1,598,025 6,425,911 5,308,970

Foreign exchange trading income/(loss)

2,743,885

1,991,624 1,031,841 8,266,151 6,682,470

2,743,885

1,991,624 1,031,841 8,266,151 6,682,470

Dividend income

Other (loss)/income

582,501

2,301,471

582,501 886,267 659,094

1,445,482 696,077 2,482,272 2,058,146

2,301,471

-

1,AA5,482 696,077 2,482,272 2,058,146

Total non-interest income

8,702,702

6,074,792 2,737,937 16,' 79,361 13,420,249

10,157,283

6,785,331 3,389,865 17,411,782 14,230,715

TOTALOPERATINGlNCOivlE

30,963,192

21,369,433 1O,9M,469 49,722,168 38,241,878

32,429,KO

22,086,411 11,597,509 50,677,085 39,069,378

OTHEROPERATINGEXPENSES

Loan loss provision

1,744,391

1,177,155 412,519 2,380,728 1,957,620

1,744,391

1,177,155 412,519 2,380,728 1,957,620

Staff costs

9,024,878

4,354,256 2,156,346 8,934,759 6,822,285

9,123,702

4,416,945 2,181,235 9,055,631 6,908,087

Directors* emoluments

207,479

138,433 68,063 377,986 202,859

208,199

138,433 68,063 377,986 203,519

Rental charges

228,225

131,953 58,518 328,085 235,821

228,225

131,953 58,518 328,085 235,821

Depreciation charge on property and equipment

325,761

206,999 100,444 384,485 273,660

325,761

206,999 100,444 384,485 273,660

Amortisation charges

757,568

509,344 256,494 1,036,141 783,276

757,568

509,344 256,494 1,036,141 783,276

Other operating expenses

6,533,355

4,385,370 1,809,973 8,430,840 5,926,183

6,837,549

4,604,607 1,880,457 8,905,793 6,237,649

Total other operating expenses

18,821,657

1O,9O3,51O 4,862,357 21,873,024 16,201,704

19,225,395

11,185,A36 4,957,730 Z2,468,849 16,599,632

Profit/(loss} beFore box and exceptional items

12,141,535

1O,A65,923 6,082,112 27,8A9,1M 22,040,174

13,204,145

1O,9OO,975 6,639,779 28,208,236 22,A69,746

Exceptional items

Profit/(loss} ofi:er exceptional items

12,141,535

1O,A65,923 6,082,112 27,8A9,1M 22,040,174

13,204,145

10,900,975 6,639,779 28,208,236 22,A69,746

Current tox

(2,928,425)

(2,562,614) (1,200,213) (7,302,766) (6,093,805)

(3,394,343)

(2,830,774) (1,306,442) (7,728,121) (6,497,670)

Deferred tax

7,966

62,519 (415,460) (484,847) (147,812)

(23,281)

17,022 (475,315) (419,528) (126,027)

Profit/(loss} after tax and exceptional items

9,221,076

7,965,828 4,466,M9 20,061,531 15,798,557

9,786,521

8,087,223 4,858,022 20,060,587 15,8A6,O49

Other comprehensive income

Gains/0osses) from tronsIobr›g the financial sfofemenfs oFforeign operations

Fair value changes in financial assets at FVOCI Revaluation deficit on property and equipment

(871,632)

(247189) 694,230 2,877,003 1,500,370

(871,632)

(247,189) 694,230 2,877,003 1,500,370

Shore of other comprehensive income of associates

Income tax relating to components of other comprehensive income

261,490

74,158 (208,269) (863,100) (450,111)

261,490

74,158 (208,269) (863,100) (450,111)

Other comprehensive income for the year new of tax

(610,142)

(173,031) 485,961 2,013,903 1,050,259

(610,142)

(173,031) 485,961 2,013,903 1,050,259

Total comprehensive income for the year

8,610,934

7,792,797 4,952,400 22,075,434 16,848,816

9,176,379

7,914,192 5,343,983 22,074,490 16,896,308

EARNINGS PER SHARE - BASIC &DILUTED (KShs)

24.07

20.86 11.71 52.65 41.48

25.57

21.18 12.75 52.65 41.60

DIYIDEND PER SHARE - DECLARED (KShs}

8.00 45.00 8.00

8.00 45.00 8.00