East Africa’s largest bank by balance sheet has reported Sh16.5 billion in profit after tax for quarter 1 2024 representing a 69.2 percent increase for the period ending 31st March compared to Sh9.75 billion for a similar period last year.
Results summary
Assets – Sh1.996 trillion (+22.4 %)
Total Operating Income – Sh48.4 billion (+31.5 %)
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Net interest income – Sh31 billion (+40.9 %)Â
Non-interest income – Sh17.4 billion (+18.3 %)
Profit After Tax – Sh16.5 billion (+69.2 %)
