Co-op Bank Shareholders are set to share KSh8.8billion as total interim dividends payout. Book closure is 25th November 2026 and payment to shareholders on the register is set for 4th December 2026.
The biggest beneficiaries include Co-op Holdings Co-operative Society Limited with a 64.56% stake- the vehicle for Kenya’s cooperative movement that has over 15 million members.
Gideon Muriuki, CEO and Managing Director, Cooperative Bank is set to earn KSh 202.5million in interim dividends from his 2.3% stake in the bank. He is the largest individual shareholder with 135,028, 400 shares.
Aksaya Investment Holdings/Patel, Baloobhai with 1.70% stake or 100 million shares in the second largest individual shareholder.
Other beneficiaries are shareholders that have nominee accounts with local institutions owning 83.33% of Co-op Bank while foreigners own a 0.25% stake and local individuals own 16.64% of the bank.
▪️Co-operative Bank delivered a strong performance in Q3 2026, with PAT rising 27.2% Y/Y to KSh 27.4Bn, supported by robust revenue growth, reduced provisioning and improved asset quality.
▪️Balance Sheet Growth: Loans and advances grew by 22.2% to KSh 496.9Bn, while customer deposits increased 15.4% to KSh 633.0Bn.
▪️Revenue Growth: Net interest income rose by 12.7% to KSh 51.0Bn, supported by a 4.4% decline in interest expenses. Non-funded income grew 9.2% to KSh 24.1Bn.
