Co-op Bank Registers a Strong 38% Profit Growth to Ksh22.7 Billion in Quarter 3 2022
Co-op Bank Group is pleased to report a profit before tax of Ksh22.7 billion for the third quarter of 2022, a commendable 38 per cent growth compared to Ksh16.5 billion recorded in the third quarter of 2021.
This represents a strong profit after Tax of Ksh17.1 billion compared to Ksh11.6 billion reported in 2021. The performance delivers a competitive return on Equity of 23 per cent to our shareholders.