Lead image for NCBA to give Sh6b dividend as profit up 12pc.
NCBA Group has announced a Sh6.18 billion interim dividend payout even as South Africa's Nedbank Group awaits regulatory clearance to complete its proposed majority takeover.
The tier-one lender declared an interim dividend of Sh3.75 per share on Wednesday, up from Sh2.50 in the prior year, after reporting a 12.2 per cent jump in half-year profit after tax to Sh12.4 billion.
The dividend will be payable to shareholders on the register as at August 28, 2026, with payment on or immediately after September 8.
"The first half of 2026 was marked by a dynamic operating environment with pressure on inflation and a cautious policy approach by the regional Central Banks," NCBA Group Managing Director John Gachora said.
"Our focused execution of the UBUNTU strategy has ensured that we delivered a resilient total income growth of 15.1 per cent reflecting healthy business volumes, improved margins and continued customer activity."
The group invested Sh2.4 billion in technology infrastructure to accelerate AI adoption and strengthen cyber resilience.
Return on average equity stood at 19.0 per cent, while capital adequacy remained strong at 21.7 per cent, well above the regulatory minimum.