I&M Group PLC has posted a Profit After Tax (PAT) of Ksh. 19.8 billion for the financial year ended December 31, 2025. This is a 24% increase from the Ksh. 16.7 billion that the company posted in a similar period in 2024.
This bottom-line growth outpaced the Group’s 22% rise in Profit Before Tax, which stood at Ksh. 24.2 billion, signaling improved operational efficiencies and a successful regional diversification strategy.
On the back of these strong results, the Board has recommended a final dividend of Ksh. 2.25 per share. This brings the total payout for the year to Ksh. 3.75 per share, a 25% increase from the previous year.
The Group’s total revenue climbed 19% to Ksh. 60.3 billion, supported by a balanced mix of interest and non-interest income:
- Net Interest Income: Rose 16% to Ksh. 46 billion.
- Non-Interest Income: Surged 31% to Ksh. 14.4 billion, driven by aggressive diversification into Bancassurance and Wealth Management.
Notably, the Wealth Management arm saw Assets Under Management (AUM) skyrocket by 223% to close at Ksh. 99 billion. I&M Bancassurance Intermediary Limited also reported a strong year, with underwritten premiums rising to Ksh. 4.7 billion.
The Group’s total assets grew by 15% to reach Ksh. 668.9 billion. This expansion was fueled by a 17% increase in customer deposits, which now stand at Ksh. 484 billion. Despite a tightening economic environment, net loans and advances grew by 7% to Ksh. 306 billion as the bank focused on supporting MSMEs and other key sectors under its iMara 3.0 strategy.
The Group’s regional subsidiaries, spanning Rwanda, Tanzania, Uganda, and Mauritius, now contribute 24% of the overall performance.
- I&M Bank Uganda led regional growth with a 48% increase in Profit Before Tax in local currency.
- I&M Bank Rwanda and Tanzania followed with 24% and 21% increases, respectively.
I&M Bank Kenya remained the Group’s primary engine, reporting a 29% rise in Profit Before Tax to Ksh. 17.4 billion. The Kenyan unit also saw an improvement in asset quality, with the Gross Non-Performing Loan (NPA) ratio declining from 14.3% to 13.3%.
“The Group’s strong performance is a clear testament to the growing strength, resilience, and synergy of our operations across all our markets,” said Mr. Kihara Maina, I&M Group Regional CEO. “This momentum positions us firmly on the path toward our long-term ambition of becoming Eastern Africa’s leading financial partner for growth.”
The Group invested Ksh. 404.7 million in community initiatives. A highlight of this social agenda was environmental conservation, with over one million trees planted during the period. On the digital front, the launch of I&M FX Direct and enhancements to the OTG platform have pushed digital adoption to 98% among transacting customers.