KCB profit rises 66pc to Sh60bn on higher income

russo

KCB Bank Group CEO Paul Russo makes his remarks during the bank's 2024 full year results announcement at Raddisson Blu Hotel on March 12, 2025. 

Photo credit: Francis Nderitu | Nation Media Group

KCB Group has posted a 66.1 percent rise in its full year profit for 2024 to Sh60 billion from Sh36.1 billion a year earlier on higher income, helping it reinstate a final dividend to shareholders at Sh1.50 per share.

This will bring the bank’s total shareholder payout to Sh3 a share, reinstating missing dividends from 2023 when the bank took a hit to its net profit.

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