Co-operative Bank of Kenya announced a 19.6% increase in profit before tax, reaching Ksh35.9 billion for the nine months ended 30 September 2026, up from Ksh30.0 billion in the same period a year earlier.

Profit after tax grew 27.2% to Ksh27.4 billion, compared with Ksh21.6 billion in the third quarter of 2025.

Total assets rose 11.3% to Ksh907.4 billion, while customer deposits increased 14.8% to Ksh642.5 billion.

Net loans and advances grew 22.2% to Ksh496.9 billion and government securities holdings rose to Ksh271.1 billion.

The bank’s non‑performing loan ratio improved to 12.9% from 17.1% a year earlier, and IFRS coverage increased to 82.2%.

Digital channels handled about 94% of all customer transactions during the period, reflecting the bank’s ongoing transformation agenda.

E‑credit disbursements reached Ksh66.6 billion in Q3 2026, taking cumulative e‑credit loans above Ksh568.5 billion across 16.2 million accounts.

Targeting youth, the bank’s “Ignite” brand allocated Ksh47.5 billion to support over 585,000 young entrepreneurs and customers.

Subsidiary Kingdom Bank Ltd posted a profit before tax of Ksh1.33 billion, a 61.8% rise, while Co‑op Bancassurance Intermediary earned Ksh1.39 billion before tax.

Following the results, the board approved an interim dividend of Ksh1.50 per share, a 50% increase over the previous year’s Ksh1.00 per share.

The dividend is payable to shareholders on the register as of 25 November 2026 and will be paid on 4 December 2026, according to Group Managing Director Dr Gideon Muriuki.