Nairobi — NCBA Group has increased its dividend payout by 22.5 percent to Sh7.1 per share after posting a Sh1.5 billion rise in net profit to Sh23.4 billion for the year ending December 31, 2025.

This is up from a dividend of Sh5.5 per share paid in 2024.

"The dividend will be payable to shareholders on record as of April 30, 2026, with payment to be made on or after May 26, 2026," said John Gachora.

During the period, net interest income rose by Sh9 billion to Sh44 billion, while non-interest income increased by Sh1.1 billion to Sh29.2 billion.

However, customer deposits declined to Sh22.3 billion from Sh38.2 billion.

Earlier this year, Nedbank Group made a tender offer to acquire about 66 percent of NCBA's ordinary shares, a move that could give it a controlling stake if successful.

The remaining shares would continue trading on the Nairobi Securities Exchange.

The proposed transaction values NCBA at 1.4 times its book value, with shareholders set to receive 20 percent in cash and 80 percent in Johannesburg Stock Exchange-listed shares.

NCBA operates in multiple African markets including Kenya, Uganda, Tanzania, Rwanda, Ivory Coast and Ghana, serving over 60 million customers through 122 branches.