NCBA posts Sh22bn profit, raises dividend for fourth straight year

NCBA Group Managing Director and CEO John Gachora at a past media briefing on August 24, 2023.  

Photo credit: File | Nation Media Group

NCBA Group has raised its dividend by 15.8 percent to Sh5.50 per share for a total of Sh9.06 billion, the fourth straight year of increased payout, amid a 1.9 percent rise in net profit to Sh21.86 billion for the year ended December 2024.

Financial results published on Wednesday showed the lender raised the final dividend per share to Sh3.25, which is in addition to the interim payout of Sh2.25 made last year in September.

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