Family Bank Group has delivered its strongest financial performance on record in the full year ended 31 December 2025, with profit after tax rising 55.4% to KSh 5.38 billion.
- •The result was supported by growth in interest-earning assets, a leaner cost structure, and an oversubscribed equity raise repositioned the lender ahead of a Nairobi Securities Exchange listing scheduled for May 2026.
- •Net interest income rose 46.1% to KSh 15.63 billion, the standout line in a results package that saw total operating income climb 34.1% to KSh 20.18 billion. Non-interest income added 4.7% to KSh 4.56 billion.
- •The bank simultaneously compressed its cost-to-income ratio from 74.0% to 68.6%, the best efficiency reading since 2015, as revenue growth outpaced a 24.4% rise in operating expenses to KSh 13.85 billion.
"The year 2025 marked a pivotal start of our five-year strategic plan anchored on compelling customer propositions and digital transformation," said CEO Nancy Njau, adding that partnerships with development finance institutions expanded lending capacity to SMEs, agribusiness, and manufacturing.
The 2025 results cap a sustained recovery from a difficult 2017 and 2018 period, when the lender posted losses amid a bruising interest rate cap era and elevated credit stress. Profit after tax has now grown in five consecutive years, from KSh 1.16 billion in 2020 to KSh 5.38 billion in 2025, a more than fourfold increase over the period. Earnings per share rose to KSh 3.93 from KSh 2.65 in 2024.
Total assets crossed KSh 208.7 billion, up 23.9%, as net loans expanded 14.0% to KSh 105.9 billion on the back of MSME-focused lending, while investment in government securities surged 45.2% to 74.0 billion. Customer deposits rose 20.1% to KSh 151.88 billion, reinforcing the funding base. The liquidity ratio stood at 60.9%, well above the statutory minimum.
Gross non-performing loans rose 21.5% to KSh 17.56 billion, which the bank addressed through a near-tripling of loan loss provisions to KSh 1.97 billion, a deliberate balance sheet strengthening move ahead of its public market debut.
In December 2025, Family Bank closed an oversubscribed private placement that raised KSh 8.004 billion against a KSh 6.09 billion target, attracting fund managers, pension schemes, insurers, and corporates, with Sterling Capital serving as placement agent.
Standard Investment Bank is advising on the May 2026 NSE listing by introduction, which will provide price discovery and a public liquidity route for existing shareholders without a further capital raise. The May 2026 NSE listing will proceed by introduction, meaning no new shares will be sold to the public at the point of listing.
