KCB Group has increased its interim dividend by 50 percent to Sh3 per share for the six months ended June 2026, following a strong improvement in earnings.
The lender will pay shareholders a total of Sh9.64 billion, compared with Sh2 per share distributed during the corresponding period last year.
The increased payout comes as KCB Group recorded a 20.8 percent rise in gross profit to Sh49.3 billion, supported by growth in both funded and non-funded income.
Total income increased by 9.5 percent to Sh108.1 billion during the period, reflecting continued growth across the group’s banking operations.
Non-funded income rose by 15.4 percent to Sh34.1 billion, while funded income increased by seven percent to Sh74 billion.
KCB Group Chief Executive Officer Paul Russo attributed the improved performance to growth across the group’s businesses, a diversified regional footprint and continued cost management.
“Our strong half-year performance reflects the resilience of KCB Group’s diversified business model, the strength of our regional footprint, and the confidence our customers continue to place in us,” Russo said.
The CEO said the group would continue supporting businesses and households while investing in digital banking services to improve customer experience and expand access to financial services.
The improved earnings come as KCB continues to strengthen its presence across East Africa, with operations spanning Kenya and several regional markets.
The group has increasingly relied on its regional operations and diversified income streams to support growth amid changing economic conditions.
The higher interim dividend is also expected to strengthen returns to shareholders following the lender’s improved financial performance during the first half of the year.
KCB said its continued investment in digital services would form part of its strategy to improve efficiency and meet changing customer needs.
The lender is also expected to maintain its focus on supporting businesses, households and other customers through lending and other financial solutions as it seeks to sustain growth during the second half of 2026.
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