I&M Group net profit up 24pc to Sh19.8bn

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I&M Group posted a 24 percent rise in net profit to Sh19.8 billion for the year ending December 31, 2025, driven by strong performance across its Kenyan and regional subsidiaries.

Total revenue grew by 19 percent to Sh60.3 billion, supported by a 16 percent increase in net interest income to Sh46 billion and a 31 percent rise in non-interest income to Sh14.4 billion.

I&M Bank Kenya recorded a 29 percent growth in profit before tax to Sh17.4 billion, while regional units including I&M Bank Rwanda, I&M Bank Tanzania, I&M Bank Uganda and Bank One posted profit growths of 24 percent, 21 percent, 48 percent and 4 percent respectively.

“The Group’s strong performance is a clear testament to the growing strength, resilience and synergy of our operations across all our markets,” said Kihara Maina.

Customer deposits rose by 17 percent to Sh484 billion during the period, although operating expenses increased by 19 percent due to branch expansion, brand investments, and staff upskilling.

The Group’s bancassurance and wealth management business saw assets under management surge by 223 percent to Sh99 billion, driven by rising demand for wealth solutions.

The Board recommended a final dividend of Sh2.25 per share, bringing the total dividend to Sh3.75 per share—a 25 percent increase from 2024.

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