SBM Bank Kenya's profit before tax more than doubled to Sh911 million in the nine months to September 2026, compared with Sh411 million a year earlier, the bank said. Total income rose 33 percent to Sh5.44 billion, with net interest income increasing 29 percent to Sh3.44 billion and non-funded income growing 39 percent to Sh2 billion.
Customer deposits grew 29 percent to Sh97.3 billion, while net loans and advances increased 23 percent to Sh56.5 billion as of September 30, according to the bank. The non-performing loan ratio dropped to 16.9 percent from 32.3 percent a year earlier. Chief Executive Officer Bhartesh Shah said the bank was focused on improving credit management and strengthening customer relationships.