NCBA net profit hits record Sh13.7bn, increases dividends

NCBA Bank managing director John Gachora. PHOTO | NMG

NCBA Group has increased its dividends payout for the second straight year after net profit for the financial year ended December 2022 grew by 35 percent to Sh13.78 billion.

The board has recommended a total dividend of Sh4.25 per share, up from Sh3 that was paid previously when the net profit was at Sh10.22 billion.

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