Family Bank has posted a record net profit of KSh 5.37 billion for the year ended December 2025, marking a 55.4 percent jump from KSh 3.46 billion the previous year, as the lender accelerates plans to join the Nairobi Securities Exchange. The strong performance comes as the bank positions itself for a public market debut expected in 2026, subject to regulatory approval.
The lender also announced a sharply higher shareholder payout, proposing a dividend of KSh 1.20 per share, up from KSh 0.85 a year earlier. That translates to a total dividend of about KSh 2.2 billion, signalling management confidence in the bank’s earnings strength and capital position as it prepares for listing.
Family Bank said the improved results were driven by growth in interest-earning assets, stronger income generation and tighter cost management. Net interest income rose 46.1 percent to KSh 15.63 billion, while total operating income climbed to about KSh 20.18 billion. At the same time, the bank improved its cost-to-income ratio from 74 percent to 68.6 percent, underlining gains in efficiency even as it continued investing in technology and expansion.
The balance sheet also expanded significantly during the year. Total assets rose to more than KSh 208 billion, customer deposits grew by about 20 percent to KSh 151.8 billion, and the net loan book increased to nearly KSh 106 billion. The results point to a lender that is building scale while reinforcing its funding base ahead of a more scrutinised life as a listed company.
A key part of that transition is the bank’s planned NSE listing, which follows an oversubscribed private placement completed in December 2025 that raised KSh 8.004 billion against a KSh 6.09 billion target. Reports indicate the bank is preparing to list by introduction, meaning it would debut on the exchange without a fresh public offer at the point of listing.
The results nevertheless show that asset quality remains an area to watch. Gross non-performing loans rose 21.5 percent to KSh 17.56 billion, although the bank responded by increasing loan loss provisions to KSh 1.97 billion as part of efforts to strengthen the balance sheet before the listing.
For Family Bank, the record profit marks a significant milestone in its turnaround and growth story. For the market, the expected listing could add fresh momentum to the NSE by bringing in a new banking counter at a time when investor appetite for solid, dividend-paying financial stocks remains strong. This final point is an inference based on the bank’s results, payout policy and planned exchange debut.
