Jubilee Holdings stock trades at KES 399 after H1 profit rises

Published on 10/04/2026 at 12:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jubilee Holdings stock posted KES 3.45 billion in H1 2026 net income, while profit before tax reached KES 4.43 billion. The interim dividend is KES 2 per share, payable October 8, 2026.

JUB, KE0000000273, Illustration mit AI erstellt.

Jubilee Holdings (ISIN KE0000000273) reported KES 3.45 billion in net income for the six months to June 2026, an increase of 13 percent from the prior-year period. The Nairobi-listed insurer's stock closed at KES 399.00 on October 2, 2026, giving the latest earnings report a clear market reference.

H1 profit outpaces insurance revenue

According to Fatumas Voice in its report on September 13, 2026, profit before tax rose 30 percent to KES 4.43 billion in H1 2026. Insurance service revenue increased 1 percent to KES 16.88 billion, showing that headline earnings expanded faster than the group's core insurance revenue.

The composition of profit is the key investor issue. The insurance service result fell 60 percent to KES 445 million, while net insurance finance income increased 46 percent to KES 2.34 billion, according to Fatumas Voice.

Investment assets reshape earnings

Jubilee's investment assets grew 19 percent to KES 246.49 billion by June 2026, while total assets reached KES 272.69 billion. That asset expansion was materially faster than the 1 percent increase in insurance service revenue, making investment performance an increasingly important part of the earnings profile.

Operating cash flow moved in the opposite direction. Jubilee generated KES 2.76 billion from operating activities in the first half of 2026, compared with KES 3.22 billion a year earlier, while cash and cash equivalents stood at KES 6.14 billion at June 2026.

Dividend payment set for October 8

The interim dividend remains KES 2.00 per share, matching the prior-year interim distribution. Stock Analysis lists October 8, 2026 as the payment date, following the September 7, 2026 record date.

JUB remains below its yearly high

JUB's closing price of KES 399.00 on the Nairobi Securities Exchange was 8.84 percent below its 52-week high of KES 437.75 and 32.89 percent above its low of KES 300.25. Market capitalization stood at KES 28.8 billion, with 783 shares traded on October 2, 2026.