I&M Group has posted a 36% increase in profit after tax to KES 8.31 billion in the first half of 2025, while profit before tax increased by 34% during the same period.
The lender attributed this growth to a rise in net interest income, robust non-interest revenue, and increased contributions from its subsidiaries across the region.
The Group’s net interest income increased 24% to KES 20.43 billion, fueled by improved loan returns and efficient cost management. Non-interest income surged 13% to KES 6.95 billion, significantly supported by a 15% expansion in fee and bancassurance revenue.
The bank’s balance sheet saw modest growth, with total assets increasing by 4% to KSh 588.92 billion. Operating income reached KES 27.39 billion while operating expenses increased 13% to KES 16.09 billion.
Customer deposits were up 2% to Sh429.37 billion. Net loans and advances grew by 2% to KES 290.26 billion. theh
Earnings per share increased 38% to KES 4.51, up from KES 3.27 last year.
This strong performance was primarily driven by the Kenyan operation, which remains the Group’s profit engine. The contribution from regional subsidiaries to pre-tax profit was 24%, a slight decrease from the 26% contributed in the first half of 2024.
Related: Equity Group Reports Strong H1 Growth with 17% Profit Surge
