91-day T-bill8.750%▲ 0.002
182-day T-bill8.851%▼ 0.008
364-day T-bill9.029%▲ 0.002
Central Bank Rate8.75%07/10/2026
Inflation7.3%October 2026
Top MMF yield10.50%Madison
Sources: CBK auction, 2 Nov 2026 value date (change vs 26 Oct); CBK key rates; fund managers' published yields, as at 13 Nov 2026.

Co-op Bank Q3 profit hits KSh35.9bn, interim dividend KSh1.50

Co-op Bank Q3 profit before tax rose 19.6% to KSh35.9bn. Interim dividend is KSh1.50 a share, payable on 4 December 2026.

Co-op Bank Q3 profit story: Co-operative Bank of Kenya building in Nairobi
Co-operative Bank of Kenya, Nairobi. Photo: Bobokine / Wikimedia Commons, CC BY-SA 3.0

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Co-op Bank Q3 profit before tax rose 19.6% to KSh 35.9 billion in the nine months ended 30 September 2026, and the board has approved an interim dividend of KSh 1.50 per share. The unaudited group results were approved on 11 November 2026 and posted on the bank’s investor-relations pages.

Profit after tax grew 27.2% to KSh 27.4 billion from KSh 21.6 billion a year earlier, according to Co-operative Bank’s 11 November press release and the published financial-statement extract.

Co-op Bank Q3 profit: the key numbers

The Co-op Bank Q3 profit figures below are the group’s unaudited results for the nine months to 30 September 2026, as stated in the official extract (amounts in the financial statements are in KSh thousands).

Measure (group, nine months) Q3 2026 Q3 2025 Change
Profit before tax KSh 35.9bn KSh 30.0bn +19.6%
Profit after tax KSh 27.4bn KSh 21.6bn +27.2%
Basic earnings per share KSh 4.68 KSh 3.68 —
Total assets KSh 907.4bn KSh 815.3bn +11.3%
Net loans and advances KSh 496.9bn KSh 406.5bn +22.2%
Interim dividend per share KSh 1.50 KSh 1.00 +50%

The press release also gives return on average equity of 21.3%, from 19.4% in Q3 2025, and return on average assets of 4.3%, from 3.7%. Chairman John Murugu, OGW, and Group Managing Director and CEO Dr Gideon Muriuki, CBS, MBS, signed the extract for the board.

Interim dividend of KSh 1.50 per share

With the Co-op Bank Q3 profit, the board approved an interim dividend of KSh 1.50 per ordinary share, 50% above last year’s KSh 1.00 interim. The payment is due to shareholders on the register at the close of business on 25 November 2026 and will be paid on 4 December 2026, the press release says. The same KSh 1.50 figure appears in the financial-statement extract.

Investors tracing earlier payouts can use our Co-op Bank dividend history as a record of past dates and amounts. The new interim does not change how you apply for Co-op Bank loans; it is a shareholder distribution from this year’s earnings.

Balance sheet, loans and asset quality

Net loans and advances rose 22.2% to KSh 496.9 billion, matching both the press release and the statement of financial position (KSh 496.89 billion). Total assets reached KSh 907.4 billion. The press release puts total deposits at KSh 642.5 billion, up 14.8%. The extract’s “customer deposits” line is KSh 633.0 billion, up from KSh 548.6 billion a year earlier.

Asset-quality ratios in the press release improved: the group non-performing loan ratio fell to 12.9% from 17.1% in Q3 2025, IFRS coverage rose to 82.2% from 70.4%, and the cost of risk fell to 1.4% from 2.5%. The group says it kept a liquidity ratio of 54.8% and total capital to total risk-weighted assets of 21.3%.

What shareholders should watch

The results are unaudited. The bank says the complete quarterly statements are on its financial-statements page. Co-op Bank shares trade on the Nairobi Securities Exchange, and the group is regulated by the Central Bank of Kenya.

The Co-op Bank Q3 profit briefing above uses only the 11 November press release and the official extract. Anyone expecting the dividend should confirm their CDS or registrar details before the 25 November record date.

Frequently asked questions

How large was the Co-op Bank Q3 profit?

Group profit before tax was KSh 35.9 billion, up 19.6%, and profit after tax was KSh 27.4 billion, up 27.2%, for the nine months to 30 September 2026, per the bank’s official results.

What interim dividend did Co-op Bank declare?

KSh 1.50 per ordinary share, up 50% from KSh 1.00 last year, payable to shareholders on the register at close of business on 25 November 2026 and to be paid on 4 December 2026.

When did the board approve the results?

On 11 November 2026, according to the signed financial-statement extract and the press release of the same date.

Are the Co-op Bank Q3 profit figures audited?

No. The published statements are unaudited results for the nine months ended 30 September 2026.

Related: Co-op Bank shares rise 2.5% after Q3 results; NASI up 0.64%

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About Author

Norah Waceke is a business journalist and editor at Business Radar with more than eight years of experience covering Kenya's economy, companies and markets. She previously worked at one of Kenya's leading digital news platforms, where she reported on business, finance and current affairs. A graduate of Multimedia University of Kenya, Norah focuses on clear, accurate reporting that helps readers understand the money stories shaping their lives and businesses.

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