I&M Group stock reports 22.4 percent profit growth in H1 2026

Published on 09/28/2026 at 07:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

I&M Group stock traded at KES 79.75 on September 14, 2026, with market capitalization of KES 86.5 billion. H1 net interest income reached KES 25.04 billion.

IMH, KE0000000299, Illustration mit AI erstellt.

I&M Group stock (ISIN KE0000000299) was trading at KES 79.75 on the Nairobi Securities Exchange on September 14, 2026, up 0.63 percent on the session. The banking group reported profit after tax of KES 10.17 billion for the six months ended June 30, 2026, an increase of 22.4 percent from the comparable period.

Profit growth broadens across income lines

As Tech-ish reported on August 30, 2026, profit before tax reached KES 13.5 billion in the first half, up 15 percent year over year. Regional operations supplied 33 percent of group profit before tax, compared with 25 percent a year earlier.

Net interest income rose 22.5 percent to KES 25.04 billion, while non-funded income increased 24.5 percent to KES 8.66 billion. Together, these lines lifted total operating income 23 percent to KES 33.69 billion, according to Fatumas Voice in its September 2026 report.

Credit quality improves as assets expand

The balance sheet also grew during H1 2026. Total assets increased 26.7 percent to KES 746.3 billion, customer deposits rose 17.7 percent to KES 505.2 billion, and net loans increased 15 percent to KES 333.8 billion.

Gross non-performing loans declined 12.4 percent to KES 30.11 billion, while loan-loss provisions climbed 37.7 percent to KES 5.60 billion. The combination gives the results a clear trade-off: stronger revenue and improving reported asset quality, alongside higher credit costs that will influence the sustainability of profit growth.

IMH market value and investor lens

On September 14, 2026, IMH had a market capitalization of KES 86.5 billion and recorded volume of 53,700 shares on the Nairobi Securities Exchange. The KES 79.75 price and 0.63 percent daily gain provide the market reference for the earnings story.

For investors, the central measure is whether I&M can keep growing net interest and fee income while containing provisions and operating expenses. The H1 figures show a diversified income base, regional contribution and a 22.4 percent profit increase, but the faster rise in provisions keeps credit discipline central to the next results cycle.