KCB Group has posted a 69 percent growth in net profit to Sh16.06 billion for the first quarter ended March 2024 on increased income and reduced tax expense, racing past Equity Group for the first time in four years.
The lender’s results released Wednesday showed net profit grew from Sh9.5 billion, with the three-month earnings being equivalent to 43 percent of the Sh37.46 billion posted in the full year ended December 2023.
