I&M Group PLC has reported a 26% year‑on‑year increase in Profit Before Tax (PBT) to KES 17.8 billion for the third quarter of 2025, up from KES 14.1 billion in the same period last year.
Profit After Tax (PAT) also rose by 27% to KES 12.7 billion, reflecting sustained earnings momentum across its regional operations.
The strong performance underscores the Group’s customer‑centric innovation, operational efficiency, and regional expansion strategy, with regional subsidiaries contributing 23% of overall PBT, highlighting the strength of its diversified footprint across East Africa and Mauritius.
Dividend Declaration
The Board of Directors approved an interim dividend of KES 1.50 per share, representing a 15% increase from KES 1.30 declared in 2024. The payout amounts to KES 2.61 billion, reinforcing the Group’s commitment to delivering sustained value to shareholders.
“The Directors are pleased to announce the payment of an interim dividend of KShs. 1.50 per share, amounting to KShs. 2.61 billion,” I&M Bank stated.
- Book closure date: December 15, 2025
- Payment date: On or around January 14, 2026 (subject to withholding tax)
Q3 2025 Performance Snapshot
| Metric | Q3 2025 | YoY Change | Notes |
|---|---|---|---|
| Profit Before Tax (PBT) | KES 17.8 billion | +26% | Up from KES 14.1B in Q3 2024 |
| Profit After Tax (PAT) | KES 12.7 billion | +27% | Sustained earnings momentum |
| Operating Income | KES 43.0 billion | +20% | Driven by net interest & non-funded income |
| Net Interest Income | KES 31.8 billion | +21% | Strong lending growth |
| Non-Funded Income | KES 11.2 billion | +21% | Diversified revenue streams |
| Loan Loss Provisions | KES 6.7 billion | +22% | Reflects disciplined risk management |
| Operating Expenses (excl. provisions) | KES 19.1 billion | +14% | Investments in tech, talent, and expansion |
| Earnings Per Share (EPS) | KES 3.20 | +2.6% | Up from KES 3.12 |
| Interim Dividend | KES 1.50 per share | +15% | Total payout: KES 2.61B |
| Total Assets | KES 640 billion | +13% | Balance sheet expansion |
| Customer Deposits | KES 456 billion | +10% | Growth in CASA & term deposits |
| Loan Portfolio | KES 302 billion | +7% | Steady lending growth |
| Net Non-Performing Loans (NPLs) | KES 10 billion | ↓27% | Improved asset quality |
| Total Equity | KES 113.8 billion | +30% | Strong capital growth |
I&M Bank Kenya Performance
I&M Bank Kenya delivered a 26% year‑on‑year increase in PBT, driven by a 21% uplift in total operating income.
- Total Assets: KES 439 billion (+8% YoY)
- Customer Deposits: KES 439 billion (+10% YoY)
- Loans & Advances: KES 218 billion (+2% YoY)
- Brand Awareness: Rose from 21% to 34%, the fastest gain in the sector
- NPS Score: Maintained above 70%
- Digital Engagement: 78% of customers are digitally active; 81% of transactions are outside branches
Commenting on the results, Mr. Kihara Maina, Regional CEO & Interim CEO of I&M Bank Kenya, said:
“Our performance demonstrates the strength of our strategy, the confidence of our stakeholders and the trust our customers continue to place in us. We remain committed to delivering sustainable growth while elevating customer experiences through digital‑first solutions for individuals and businesses such as Solo Biz and I&M FX Direct. We continue to offer free Bank to Mobile Money transfers as well as a one‑stop mobile banking platform – the I&M On‑the‑Go App.”
Regional Subsidiary Highlights
| Subsidiary | Key Performance |
|---|---|
| I&M Rwanda | Operating income +5%; PBT +21%; loans +28%; deposits +20% (local currency growth even higher) |
| I&M Tanzania | Operating income +40% to KES 4.5B; operating profit +35%; assets +26%; loans +22%; deposits +16% |
| I&M Uganda | Assets +25% to KES 46B; loans & deposits +21%; operating income marginal decline |
| Bank One, Mauritius | PBT +4% (local currency); assets +27%; deposits +32%; loans -4% |
Reflecting on the Group’s performance, Mr. Kihara Maina added:
“I&M Group’s performance this quarter is a reflection of our disciplined execution, continued investment in innovation, and unwavering commitment to our customers. Each market is now a distinct engine of growth for the Group. As we advance our ambition to become East Africa’s leading financial partner for growth, we remain focused on delivering solutions that empower businesses and individuals to thrive.”
