UBA Kenya recorded a turnaround performance in the period ended December 31, 2025, swinging back to profitability after five consecutive years of losses.
The tier-3 lender reported a profit after tax of KES 426.8 million, reversing from a loss of KES 586.8 million in FY2024, supported by increased income and lower operating expenses.
Net interest income rose by 3.8% to KES 487.1 million, while non-funded income surged 54.4% to KES 1.1 billion. Operating expenses plunged 35.3% to KES 1.1 billion from KES 1.8 billion in the previous year.
During the review period, UBA Kenya’s financial position strengthened. The bank’s asset base expanded 59.1% to KES 21.8 billion, supported by a sharp increase in net loans and advances to KES 4.8 billion, up 130.9% year-on-year. Customer deposits crossed the KES 10 billion mark to reach KES 16.1 billion, up 76.5% from KES 9.1 billion a year earlier.
Read: HF Group Posts Record 250% Annual Growth at KES 1.61 Billion in FY2025
UBA Kenya Core Capital Falls Short of CBK Minimum in FY2025
The bank’s core capital closed the year at KES 1.9 billion, up 27.6% from KES 1.5 billion in FY2024. Despite the increase, the bank did not meet the Central Bank of Kenya (CBK) ‘s minimum statutory requirement of KES 3 billion.
The minimum core capital in the banking sector was revised upward through the Business Laws (Amendment) Act 2024. It increased from KES 1 billion to KES 10 billion by December 2029; KES 3 billion by December 2025, KES 5 billion by the end of 2026, KES 6 billion by 2027, KES 8 billion in 2028, and KES 10 billion by December 2029.
In March 2026, UBA Kenya received a capital injection of KES 1.097 billion from its parent company, United Bank for Africa Plc, a multinational based in Nigeria, lifting its core capital above the CBK threshold.
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