Kenya: I&m Profit After Tax Up 22pc to Sh10.17bn On Stronger Lending Income
5 Articles
5 Articles
Kenya: I&m Profit After Tax Up 22pc to Sh10.17bn On Stronger Lending Income
Nairobi -- I&M Group has posted a 22.35 percent rise in net profit for the six months to June, supported by stronger income from lending as the banking group expanded its loan book and grew other revenue streams.
I&M Group Reports 22.4pc Rise in Half-Year Profit to Sh10.17 Billion
I&M Group has reported a 22.35 percent increase in net profit for the six months ended June 2026, supported by stronger earnings from lending and growth in other income streams. The banking group’s net profit rose to Sh10.17 billion from approximately Sh8.31 billion recorded during a similar period last year. Net interest income, which represents the difference between interest earned from loans and investments and interest paid on deposits and …
I&M Group Profit Climbs 22% on Higher Interest Income
I&M Group posted a strong first half in 2026, with profit after tax climbing 22.4 percent year on year to KES 10.17 billion, as net interest income and total operating income both grew faster than the group’s cost base. The results, drawn from unaudited financial statements approved by the board on August 26, 2026, show [...] The post I&M Group Profit Climbs 22% on Higher Interest Income appeared first on Khusoko - Your Gateway to East African M…
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