Co-op Bank profit up 21pc to Sh8.4bn in first quarter
Nairobi, May 13 -- Co-operative Bank of Kenya has posted a 21.2 percent growth in net profit to Sh8.4 billion in the first quarter of trading ended March 2026 on increased interest and non-interest income.
The group's net earnings grew from Sh6.93 billion posted in a similar quarter last year. This was on the back of net interest income growing by 12.2 percent to Sh15.98 billion and non-interest income rising 16.3 percent to hit Sh8.07 billion.
"This is the best-ever performance to be recorded in a single quarter. This strong performance underscores the significant gains made under the 2025-2029 Good to Great Strategy and the Soaring Eagle Transformation Agenda," said Co-op Bank's managing director Gideon Muriuki.
The review period saw...
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