The Co-op Bank has posted a strong performance for the first six months of the year 2025, with a Profit Before Tax of Ksh19.7 billion, up 8.3% from Ksh 18.2 billion in H1 2024.
After-tax profit rose 8.4% to stand at Ksh 14.1 billion from Ksh 13.0 billion a year earlier.
The strong performance by the Bank is in line with the Group’s strategic focus on sustainable growth, resilience, and agility, riding on the ‘Soaring Eagle’ Transformation Agenda.
Highlights of H1 2025 Performance
Return on Equity reached a competitive 19.9%.
Total Assets increased by 13.2% to KSh 811.9 billion.
Customer Deposits surged 7.9% to KSh 547.7 billion, while Net Loans and Advances increased by 4.2% to KSh 391.3 billion.
Shareholders’ Funds grew 23.4% to KSh 156.3 billion, boosted by retained earnings of KSh 18.4 billion.
Operating Income increased 10.8% to KSh 43.5 billion, driven by a 23.1% rise in net interest income.
Operating Expenses rose 13.0%, with the Cost-to-Income Ratio standing at 44.9%, a significant improvement from 59% back in 2014 when the Bank began the Growth and Efficiency journey.
Digital Momentum & Customer Inclusion
Over 90% of transactions now happen through digital and alternative channels, supported by a robust omni-channel platform (web, mobile, USSD), 622 ATMs, CDMs, and 16,000+ Co-op kwa Jirani agents.
The M-Co-op Cash mobile wallet disbursed KSh 36.4 billion in loans year-to-date, of which Ksh 5.7 Billion was to MSMEs.
The MSME loan portfolio represents 17.3% of the Bank’s portfolio, with 249,319 customers benefiting from tailored packages and 68,800 from training.
A national network of 619 FOSA outlets continues extending financial services to remote areas and supports the 15 million-member co-operative movement.
