I&M Bank Group closed the third quarter of 2025 in robust shape, reporting a sharp rise in profitability. Net earnings climbed 28.68 percent to KSh 11.80 billion, up from KSh 9.95 billion in the same period last year, powered by stronger revenues, disciplined cost control, and a healthier balance sheet.
The bank’s Profit Before Tax also improved, rising 28.06 percent to KSh 17.16 billion. Total assets grew to KSh 640.42 billion, marking a 12.81 percent jump. Customer deposits increased by just over 10 percent to KSh 455.85 billion, while net loans and advances rose 7.31 percent to KSh 301.91 billion, reflecting resilient credit demand.
Loan loss reserves edged up by 7.98 percent to KSh 18.54 billion, though this was offset by an improvement in credit quality. Gross non-performing loans dropped nearly 7 percent to KSh 33.17 billion.
Also Read: Uchumi Extends Stunning Rally as Safaricom Drives Majority of Midday Trades
Operating income expanded strongly, rising 20.25 percent to KSh 43.00 billion. Net Interest Income made the biggest contribution, leaping 21.08 percent to KSh 31.82 billion thanks to better asset repricing and a widening loan book. Non-interest income also performed well, up 18.04 percent to KSh 11.19 billion through higher fees, commissions and trading gains.
Although operating expenses went up 15.61 percent to KSh 25.85 billion, income growth outpaced costs, preserving profitability. The bank’s capital position strengthened, with total equity up nearly 30 percent to KSh 113.79 billion. Earnings per Share rose from 5.54 to 6.88, mirroring the surge in the bottom line.
Below is a simplified comparison of key financial metrics:
| Metric | Q3 2025 | Q3 2024 | YoY Change |
|---|---|---|---|
| Net Interest Income | 31.82 Bn | 26.28 Bn | +21.08% |
| Non-Interest Income | 11.19 Bn | 9.48 Bn | +18.04% |
| Operating Income | 43.00 Bn | 35.76 Bn | +20.25% |
| Total Operating Expenses | 25.85 Bn | 22.36 Bn | +15.61% |
| Loan Loss Provision | 18.54 Bn | 17.17 Bn | +7.98% |
| Profit Before Tax | 17.16 Bn | 13.40 Bn | +28.06% |
| Profit After Tax | 11.80 Bn | 9.17 Bn | +28.68% |
| Total Assets | 640.42 Bn | 567.72 Bn | +12.81% |
| Total Equity | 113.79 Bn | 87.62 Bn | +29.87% |
| Customer Deposits | 455.85 Bn | 413.81 Bn | +10.16% |
| Loans & Advances (Net) | 301.91 Bn | 281.34 Bn | +7.31% |
| Gross NPLs | 33.17 Bn | 35.66 Bn | -6.98% |
| EPS | 6.88 | 5.54 | +24.19% |
The numbers paint a picture of a lender that’s tightening its grip on efficiency while expanding income streams. It sets the stage for an interesting final quarter as the banking sector navigates higher interest rates, changing credit dynamics and a jittery market.
