Consolidated Bank Group has reported a pre-tax of Sh94.7 million for the nine-month ended September 30, 2025, a turnaround from the loss of Sh122.4 million in the same period last year.
The performance was driven by 27 per cent growth in the net interest income from the Sh711 million to Sh903 million. A rise in interest income from Government securities to Sh583 million from Sh378 million and a decline in interest expense by 9 per cent to Sh581 million drove up the net interest income.
The bank’s non-interest income grew by 10 per cent to Sh484 million leading to an overall 21 per cent growth in the total operating income to Sh1.4 billion from the Sh1.1 billion recorded the previous year.
Operating expenses increased marginally by 2 per cent to Sh1.29 billion due to prudent cost management measures by the bank.
The bank increased the amount it set aside to cover any loan losses to Sh267 million from the Sh211 million reported during the same period last year. Despite the bank’s aggressive recovery efforts and prudent risk management, non performing loans grew by 9 per cent to Sh3.78 billion.
The Group’s total assets grew 22 per cent to Sh19.3 billion from the Sh15.8 billion reported during a similar period last year. Customer deposits increased by 4 per cent to Ksh.12.3 billion, while loan book declined marginally by 2 per cent to close the quarter at Sh8.3 billion.
