SBM Bank Kenya H1 Profit Surges 171% as Deposits Hit Sh94 Billion

SBM Bank Kenya Profit Surges 171pc on Lower NPLs

SBM Bank Kenya’s profit before tax jumped 171 percent to Sh548 million in the half-year ended June 2026, helped by a sharp improvement in asset quality and higher income from customer transactions. The lender had posted a profit before tax of Sh202 million in a similar period last year. Operating profit nearly quadrupled to Sh852 … The post SBM Bank Kenya Profit Surges 171pc on Lower NPLs appeared first on TechTrendsKE.

SBM Bank Kenya H1 profit surges 171% as deposits hit Sh94 billion

SBM Bank Kenya more than doubled its half-year profit as stronger lending, higher customer deposits and improved loan recoveries boosted earnings during the first six months of 2026. The lender posted a pre-tax profit of Sh548 million for the six months ended June 30, 2026, up by 171 per cent from Sh202 million recorded in the same period last year. Customer deposits also grew by 24 per cent to Sh94 billion, while net loans and advances increase…

SBM Bank half year 2026 Net profit rise to KSh 380.2million

SBM Bank Kenya, a fast growing tier 2 lender with its Headquarters in Mauritius, has posted a net profit of KSh 380.17million for the six months’ period ended June 30th 2026, becoming the first bank off the starting blocks as the H1 2026 earnings season begins. This profitability is attributed to a 18.5% increase in […]