Kingdom Bank's 2025 profits soar 59% as deposits and branches grow
Kingdom Bank reported strong financial growth in 2025, with profits and customer deposits rising sharply. The bank also expanded its presence by opening three new branches across Kenya. Meanwhile, National Bank of Kenya (NBK) saw a significant jump in profitability after its acquisition by Access Bank PLC in May 2025. Kingdom Bank's profit after tax surged by 59% to Sh946.2 million in 2025. This growth was supported by a 35% increase in total operating income, reaching Sh3.7 billion. Non-interest income alone climbed by 55%, hitting Sh998.6 million, while net interest income rose by 28% to Sh2.7 billion.
Customer deposits at Kingdom Bank grew by 39%, reaching Sh29.7 billion. Net loans and advances also expanded by 58%, totalling Sh22.19 billion. The bank's total assets increased by 24%, bringing the figure to Sh51.2 billion. Alongside financial gains, Kingdom Bank opened new branches in Bungoma, Kariobangi, and Tom Mboya. At NBK, customer deposits rose to Sh106 billion in 2025, up from Sh98 billion the previous year. The bank's profit after tax saw a dramatic increase of 125%, reaching Sh2.4 billion. However, no details were released on how NBK's performance compares to other major Kenyan banks in terms of lending, digital growth, or deposit market share following its acquisition.
Kingdom Bank's expansion in branches and financial performance marks a year of significant progress. The bank's rising deposits, loans, and profits reflect a period of strong growth. For NBK, the acquisition by Access Bank PLC coincided with a major profit boost, though broader market comparisons remain unclear.
