Shareholders of Co-operative Bank of Kenya stand to receive an interim dividend of Sh1.50 per share, up 50% from the Sh1.00 per share the bank paid last year.
The Co-op Bank interim dividend follows growth of 19.6% in profit before tax to Sh35.9 billion for the nine months ended September 30, 2026.
Profit after tax grew faster than profit before tax
Profit after tax rose 27.2% to Sh27.4 billion, against 19.6% growth in profit before tax. The gap between the two figures is Sh8.5 billion, the amount the bank kept out of shareholder earnings before profit after tax was struck.
Profit before tax also grew faster than operating income, which rose 11.6%.
Net interest income and operating income both grew
Net interest income rose 12.7% to Sh51 billion. That figure is what the bank earns on loans and securities minus what it pays on deposits.
Operating income, which adds the bank’s other earnings to net interest income, rose 11.6% to Sh75.2 billion.
Key figures, nine months ended September 30, 2026
| Measure | Result | Change on a year earlier |
|---|---|---|
| Net interest income | Sh51 billion | Up 12.7% |
| Operating income | Sh75.2 billion | Up 11.6% |
| Profit before tax | Sh35.9 billion | Up 19.6% |
| Profit after tax | Sh27.4 billion | Up 27.2% |
| Interim dividend | Sh1.50 per share | Sh1.00 in 2025 |
What the Co-op Bank interim dividend means for shareholders
An interim dividend is a payment made before a bank publishes its full year results. The board raised it by Sh0.50 per share.
A shareholder with 1,000 shares would see the payment rise from Sh1,000 to Sh1,500.
KCB Group also raised its interim dividend by 50%
KCB Group lifted its interim dividend by 50% to Sh3.00 per share at its half year. Its profit before tax grew 20.8% to Sh49.3 billion for the six months to June 2026. Khusoko covered the result in KCB Group half year profit 2026. khusokokhusoko
The periods differ. KCB reported six months, and Co-op Bank reported nine.
Shareholders receive the Sh1.50 per share on the payment date the board sets.
