Absa Bank Kenya has reported a profit after tax of KSh 10.5 billion for the six months ended 30 June 2026. This represents a return on equity of 21.7%.
The lender said its performance was driven by continued execution of its customer-focused growth strategy, alongside investments aimed at strengthening the long-term resilience of the business.
Customer assets grew by 8% to KSh 329.9 billion as the bank expanded lending to key sectors of the economy, while customer deposits increased to KSh 380.7 billion, reflecting growing confidence among customers and wider access to financial services. Total assets also rose to KSh 558.1 billion.
The bank recorded total revenue of KSh 29.3 billion during the period, with net interest income contributing KSh 21.1 billion and non-interest income accounting for KSh 8.2 billion.
Commenting on the results, Interim Managing Director and CEO Yusuf Omari said the bank experienced stronger momentum during the second quarter despite pressure from the broader operating environment.
“While the dynamic operating environment exerted pressure on performance, the bank recorded strong momentum in the second quarter. This reflects our disciplined execution, continued support for customers through relevant financial and non-financial solutions, and ongoing investment in the long-term resilience and sustainability of the business,” he said.
Absa also reported a 20% year-on-year increase in income generated by its subsidiaries, including its asset management, custody services, and bancassurance businesses, as it continues to diversify its revenue streams.
The Board of Directors also approved an interim dividend of KSh 0.50 per ordinary share.
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