NBK Posts Record Profit in 2025 Amid Turnaround and Efficiency Gains

National Bank of Kenya (NBK) has posted a remarkable financial performance for the year ended 31 December 2025, with profits soaring following a strategic turnaround and improved operational efficiency.

Profit before tax jumped 178% to KShs 2.91 billion from KShs 1.05 billion in 2024, while profit after tax rose 125% to KShs 2.39 billion. The impressive growth was driven by a 33% reduction in interest expenses, strong net interest income of KShs 10.3 billion, and improved non-interest revenue streams, while operating costs were streamlined to KShs 8.49 billion.

Asset quality also improved, with expected credit losses falling 37% to KShs 1.5 billion, reflecting disciplined lending and enhanced risk management.

“This performance underlines the success of our turnaround strategy,” said George Odhiambo, Managing Director of NBK. “We have strengthened the balance sheet, improved asset quality, and enhanced operational efficiency, positioning the bank to accelerate growth and unlock its full potential.”

The bank’s strengthened capital position and increased customer deposits to KShs 106 billion further reinforce its ability to support businesses and households.

With strategic initiatives like the W Initiative empowering women entrepreneurs, NBK is leveraging profitability gains to drive sustainable growth and create long-term value for stakeholders.

Looking ahead, NBK plans to continue diversifying its loan portfolio, investing in digital innovation, and expanding operational efficiency to maintain profit momentum in 2026 and beyond.