Regional Growth and Digital Lending Lift NCBA Half-Year Profit

NCBA Group has posted double-digit profit growth for the first half of 2026. Strong performance in Kenya and regional markets boosted earnings.

The lender reported a net profit of KES 12.4 billion for the six months ended June 2026. This was a 12.2 percent increase from KES 11 billion recorded in the same period last year.

Kenya remained NCBA’s biggest profit driver. Profitability in the local unit grew by 24.3 percent to KES 13.7 billion. The growth was supported by disciplined funding-cost management.

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Regional subsidiaries also delivered strong results. Operations in Uganda, Tanzania and Rwanda generated a combined profit of KES 1.6 billion. Lending across these markets rose by 25 percent. Income increased by 11 percent, while loan recoveries improved.

Digital lending continued to support growth. NCBA disbursed KES 819 billion in digital loans during the period. This represented a 26.9 percent increase compared to the previous year.

Customer deposits grew by 11 percent to KES 551 billion. Total assets also expanded by 11.5 percent to KES 739 billion. The growth reflects increased business activity across the group.

The bank maintained a stronger asset quality position than the industry average. Its non-performing loan ratio stood at 10.5 percent. This was lower than the banking sector average of 15.3 percent. However, provisions increased to KES 5.2 billion to cater for operational risks.

NCBA also reported a return on average equity of 19 percent. Its capital adequacy ratio stood at 21.7 percent. The figures highlight the group’s financial strength and capacity to fund future growth and strategic investments.