Co-op Bank posts record Ksh11.37 billion Q1 profit

Co-op Bank reported a profit of Ksh11.37 billion for the first quarter of 2026. The bank called the result its best-ever performance in any single quarter.

Co-op Bank announced its financial results for the first quarter of 2026 on Wednesday. The bank recorded a profit of Ksh11.37 billion during the period.

Bank officials described the outcome as the best-ever performance recorded in a single quarter. The figures cover the months from January to March.

The report was released by the Nairobi-based lender through local media channels.

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Leading online lender KakaoBank reported record first-quarter earnings on Wednesday due to one-off income. Net profit for January-March rose 36.3 percent year-on-year to 187.3 billion won ($128.4 million). The company attributed the gain to its investment in Indonesian digital bank Superbank's recent listing.

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Bank of Baroda reported an 11.2 percent increase in consolidated profit for the fourth quarter. Profit after tax reached Rs 5,616 crore, helped by higher net interest income and improved asset quality.

Banco Mundo Mujer posted a net profit of 25.94 billion pesos in the first quarter of 2026. The figure marks a 4.44 percent drop from the same period last year.

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