Co-op Bank Q1 profit rises to $53m 

Co-operative Bank

The Co-operative Bank Moi Avenue branch in Nairobi, Kenya.

Photo credit: File | Nation Media Group

Co-operative Bank posted a 4.54 percent growth in net profit for the three months ended March 31, lifted by interest income on loans and advances and diversified income streams from the insurance, fund management and stockbroking business. 

The NSE-listed lender, with operations in South Sudan, posted a profit after tax of Ksh6.9 billion ($53.48 million), up from Ksh6.6 billion ($51.16 million) in the same period in 2024.