NCBA Shareholders Weigh Nedbank Offer as Market Price Trails Deal Value
NCBA investors face a decision between selling shares on the NSE or accepting Nedbank's acquisition offer, which currently values the stock at a premium.
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NCBA Group
NCBA
Data as of Jun 02, 2026
KES 88.00
+0.75 Today
0.86%
In The News
Retail Summit 2026 Highlights NCBA’s Strategic Role in Future-Ready Retail Ecosystems
At the 2nd Retail Summit 2026, NCBA Group reaffirmed its position as a strategic growth partner to SMEs, retailers, distributors, and supply chain players, underscoring its expanding role in powering the transformation of Kenya
NCBA Supports Landmark SAIF Listing At The NSE, Strengthening Kenya’s Infrastructure Investment Landscape
NCBA has reaffirmed its position as a leading enabler of innovative capital market solutions following the successful listing of the Spearhead Africa Infrastructure Fund (SAIF) on the Unquoted Securities Platform of the Nairobi Securities Exchange (NSE).
NCBA Strengthens Role as Key Financial Enabler at International Creators Day
NCBA has reinforced its position as a forward-looking financial partner actively enabling the growth and sustainability of Kenya’s creative economy
NCBA Is No Longer Just A Bank; It Is Becoming The Investment Engine For Kenya’s AI Wealth Era
The strongest case for NCBA begins with the fact that this is now a KES 716 billion asset institution. That figure matters because banking is a trust business before it is a profit business.
NCBA Insurance Champions Innovation and Partnerships to Accelerate Insurance Growth in Kenya
NCBA Group, through its insurance arm, recently hosted members of the Association of Insurance Brokers of Kenya during a breakfast engagement aimed at strengthening collaboration, driving innovation, and shaping the future of insurance growth in Kenya.
NCBA Group Arranges Oversubscribed KES 3 Billion KMRC Sustainability Bond Listed on the NSE
NCBA Group has successfully arranged the listing of the Kenya Mortgage Refinance Company (KMRC) KES 3 billion Sustainability Bond at the Nairobi Securities Exchange
NCBA Backs TRIFIC’s Sh4.8 Billion Green Dollar I-REIT to Power Nairobi’s Sustainable Commercial Future
The TRIFIC I-REIT will be one of Kenya’s first USD-denominated Green, income-distributing REITs, creating a new asset class for investors seeking stable dollar yields with measurable impact.
How To Start Your Investment Journey With Ksh 10,000 - NCBA
NCBA Investment Bank provides structured and professionally managed investment solutions for both beginner and experienced investors.
NCBA staff to get Sh1.9bn in shares after Nedbank buyout
Employees will receive shares held in trust for more than seven years once Nedbank completes its acquisition of a controlling stake.
NCBA Group Profit After Tax Rises 9% to KES 6bn
NCBA Group recorded a 9% rise in profit after tax to KES 6 billion for the first quarter ended March 2026.
NCBA Group Q1 2026 Results: Profit Up 9% to KSh 5.96Bn | The Kenyan Wallstreet
NCBA Group Q1 profit after tax rose 9% to 5.96 Bn as interest expense compression lifted net interest income 22% to 12.17 Bn ahead of the Nedbank offer.
NCBA profit up to Sh6bn on higher net interest income
The growth in net earnings was from Sh5.48 billion posted in the previous similar quarter and came on the back of net interest income growing by 22 percent to Sh12.16 billion from ...
NCBA Profit Climbs 9% as Digital Lending Growth Offsets Rising Credit Costs
NCBA Group posted a 9% rise in first-quarter profit as higher income from lending and digital banking offset a sharp increase in credit-loss provisions amid a volatile operating environment. The Nairobi-based lender said profit after tax rose to 6 billion shillings ($46 million) in the three months ended March, from 5.5 billion shillings a year […]
NCBA Group Records Ksh 6 Billion In Q1 Profits After Tax
NCBA Group PLC has reported a profit after tax of KES 6.0 billion in its Q1 2026 financial results which is a 9.0 per cent increase compared to KES 5.5 billion reported during a similar period in 2025.
NSE Falls 0.01% as NCBA, Safaricom Weigh on Market
The Nairobi Securities Exchange (NSE) recorded mixed performance in today’s session, with the Nairobi All Share Index (NASI) edging down 0
NCBA Share Purchases Made Ahead of Nedbank’s Offer Are Raising Questions
New disclosures around the Nedbank-NCBA transaction are shifting focus toward trades made before the announcement
NCBA And Salvador Caetano Kenya Limited Partner to Accelerate Access To Premium And Electric Vehicle Financing In Kenya
NCBA Bank has signed a strategic Memorandum of Understanding (MoU) with Salvador Caetano Kenya Limited, one of East Africa’s leading automotive distributors.
Top NCBA owners bought Sh39m shares ahead of the Nedbank deal
Most of the shares were bought through Kestrel.
NCBA Insurance Partners with UoN Students to Champion Digital Transformation in Insurance
NCBA Insurance has strengthened its commitment to nurturing the next generation of insurance professionals through a strategic partnership with the University of Nairobi Insurance Students’ Association
NCBA: Why Africa's Most Disciplined Banking Transformation Must Be Taught In Schools
NCBA belongs to the second category. The transformation from NIC Bank into NCBA Group is one of the most important corporate case studies Kenya has produced in modern history.
Middle Income Earners Among the Highest Revenue Creators for NCBA BANK
NCBA Bank has singled out middle-income earners as its most dynamic and highly valuable customer segment, with the group emerging as the leading contributor to the Group’s revenue
NCBA Supports 42 Women Entrepreneurs With USD 3.5 Million To Scale Agri-Food Business
NCBA has launched the second cohort of 42 women agri-preneurs under the Affirmative Finance Action for Women in Africa (AFAWA) Acceleration progamme in partnership with African Guarantee Fund (AGF) and Unga Group Plc.
Cash-only payout for NCBA owners capped at 7,519 shares
NCBA investors with up to 7,519 shares will get a cash-only Sh105 per share payout under Nedbank’s offer.
NCBA Clinches Top Honours at DIAR Awards, Reinforcing Leadership in Sustainability and Inclusion
NCBA Bank has once again affirmed its position as a purpose-driven financial institution after securing three prestigious accolades at the DIAR Awards
Muhoho Kenyatta reveals Sh20bn NCBA ownership
He joined the board of NCBA as a non-executive director on December 1, 2025 amid the buyout talks with Nedbank.
Muhoho reveals Sh20bn fortune in NCBA Group
He joined the board of NCBA as a non-executive director on December 1, 2025 amid the buyout talks with Nedbank.
NCBA’s Customer Experience Recognition Signals a Bank Listening More Closely to Its Customers
That is why NCBA’s latest recognition deserves attention. The bank has been awarded Best Tier 1 Bank in Customer Experience 2025 and Excellence in Banking Customer Experience 2025 – Best Overall.
NCBA Group Announces Shareholder Offer as Nedbank Seeks 66% Stake Acquisition
NCBA Group PLC has issued a formal public announcement to its shareholders regarding a significant corporate transaction involving a partial pro rata offer by Nedbank Group Limited intending to acquire approximately 1,087,362,891 ordinary shares in NCBA, which translates to roughly 66 percent of the issued share capital of the company, signaling a substantial shift in […]
Nedbank's KSh 105-per-share Offer for NCBA Opens 28 May | The Kenyan Wallstreet
Nedbank's offer for 66% of NCBA opens 28 May, closes 10 July 2026. Shareholders may tender at KSh 105/share. NCBA Board has recommended the offer.
NCBA Targets Self-Build Market with EASYBUILD Solution
The NCBA Easy-Build solution provides a practical response to the country’s growing self-build market, following industry data showing that a majority of Kenyan homeowners prefer to construct their own homes.
Court backs NCBA dismissal of staff over illegal customer account access
Ruling reinforces banks’ reliance on digital audit logs in staff discipline.
NCBA Launches 2026 “Meet, Mingle & Money Talks” Series to Empower Emerging Affluent Kenyans
NCBA has launched its 2026 Meet, Mingle & Money Talks series, seizing the opportunity to bridge a critical financial education gap amongst emerging affluent and young professional clients
NCBA, Multiple Hauliers locked in Sh88bn arbitration row in London
Multiple Hauliers fell under the weight of ballooning debt, failed investor rescue efforts, and prolonged restructuring delays, which left their assets depreciating.
Digital Loans Drive NCBA’s 2025 Results as Mobile Credit Deepens Reach
NCBA’s 2025 financial results show steady profit growth, with digital lending quietly carrying more of the load
NCBA mints 32pc of profit from Fuliza, M-Shwari loans
Pre-tax earnings from M-Shwari and Fuliza, which are overdraft services offered in partnership with Safaricom, grew by a third to Sh6.68 billion driven by increased use of the cred ...
NCBA Group Posts KES 23.4 Billion Profit, Launches New Ubuntu Strategy as Nedbank Deal Nears
NCBA Group reported a profit after tax of KES 23.4 billion for the full year 2025, marking a 7% rise from the KES 21.9 billion in 2024
NCBA Group Pays Higher Dividend Despite Marginal Growth in Profit
NCBA Group profit after tax of Ksh 23.4 billion in its full year 2025, which is a 7% increase from Ksh 21.9 billion reported during a similar period in 2024.
NCBA 2025 Results: Profit Up 7%, Dividend Hits Record 7 KSh | The Kenyan Wallstreet
NCBA FY2025 profit rises 7% to record KSh 23.4 Bn. Dividend up 29% to KSh 7.10. Nedbank closes in on $855M deal for 66% stake, targeting late 2026 completion.
NCBA lifts dividend 29pc as profit hits Sh23bn
NCBA Group has raised its dividend by 29 percent to Sh7.10 per share for a total of Sh11.69 billion, representing half of the Sh23.3 billion it posted as net profit for the full year ended...
NCBA Declares KES 4.60 FY25 Final Dividend as Balance Sheet Crosses KES 700B Mark
In the fiscal year ended 31st December 2025, NCBA Group (NSE: NCBA) asset base expanded by 7
Nedbank Steps Away From Ecobank and Rebuilds Its Africa Presence With NCBA
What once looked like a continental partnership through Ecobank slowly turned into an expensive waiting game, leaving Nedbank determined that its next move in Africa must come with real control.
Nedbank Group keen to avoid Ecobank woes in NCBA buyout
Nedbank says NCBA offers a positive contrast to Ecobank, noting that the Kenyan bank is well capitalised, has a strong record of paying dividends and operates in markets with predi ...
NCBA, Kenya Seed Step Up Financing Push for Farmers Ahead of 2026 Planting Season
NCBA Group has partnered with Kenya Seed Company to expand financial and technical support for maize seed farmers in western Kenya, as lenders and agribusiness firms intensify efforts to strengthen agricultural productivity ahead of the 2026 planting season. More than 150 maize seed growers gathered in Kitale, in Trans Nzoia County, for an agripreneurs’ forum […]
Nedbank Expands Cash Payout in its 66% NCBA Stake Acquisition
Nedbank Group has increased the cash component of its proposed acquisition of a 66 percent stake in NCBA Group to a maximum of KES 31
Nedbank increases NCBA buyout cash to Sh31.6bn
NCBA investors can tender 66 percent of their shares to Nedbank. Out of this pool of shares, 80 percent of the units will be converted into Nedbank shares at a rate of 4.02994 shares for each 100...
Court awards NCBA Sh534m for erroneous asset valuations
The court said NCBA tabled undisputed evidence that it relied on the valuations in approving the loan facilities and perfecting security to KAAB Investments Limited. ...
NCBA Meets the Small But Powerful Drivers of Nairobi’s Booming Economy
NCBA convened over 100 Nairobi-based Small and Medium Enterprise (SME) traders for financial literacy meeting as it seeks to strengthen business resilience, unlock growth and deepen access to financial solutions.
Nedbank guaranteed controlling 51.1 percent stake in NCBA
The Nedbank shares are priced at 250 rands (Sh2,010) in the transaction. ...
CMA Clears Nedbank’s Partial NCBA Acquisition | The Kenyan Wallstreet
The Capital Markets Authority exemption nod removes a key regulatory hurdle in Nedbank’s NCBA bid as irrevocable shareholder undertakings increase to 77.54%.
NCBA Targets SME Growth With Financial Literacy Push in Nairobi
NCBA Group is stepping up its engagement with small businesses in Kenya’s capital, convening more than 100 traders for a financial literacy forum aimed at boosting resilience and expanding access to tailored banking solutions. The session in Nairobi brought together merchants from major commercial clusters including Kirinyaga Auto Spares, Gikomba, Sheikh Karume, Nyamakima and Kamukunji […]
The NCBA Acquisition and the Changing Logic of African Bank Takeovers
A deal built on digital lending, dependable dividends, and a growing sense that East African banking innovation is no longer waiting for validation from larger markets
Why Nedbank is paying a higher premium for NCBA
Nedbank says that NCBA's track record in dividend payment was another key factor that informed its willingness to accept a relatively high premium in acquiring a controlling stake ...
Equity, KCB, NCBA Cut Lending Rates to 8.75% After CBK Move | The Kenyan Wallstreet
Top Baking Giants have lowered lending rates to 8.75% after CBK cut the CBR, repricing variable loans and staying anchored to the policy rate.
Nedbank Locks In Staff Retention In NCBA Takeover
Staff retention becomes the first reassurance in a takeover that reshapes control long before it reshapes daily operations
Nedbank commits to retain existing NCBA employees
Latest filings by NCBA show that it had 3,712 staff on its books at the end of December 2024, having gone up from 3,462 in December 2023. ...
NCBA Sets Regional Record as First Bank to Achieve ISO Data Privacy Certification
NCBA Bank has raised the bar for data security in East and Central Africa with ISO/IEC 27701 certification for privacy management.
Rebranding Plans May Have Tanked Stanbic-NCBA Merger | The Kenyan Wallstreet
Standard Bank subsidiary Stanbic Bank's insistence on rebranding NCBA may have been the final nail on the coffin in the long-running merger negotiations,
NCBA Leads Banking Stocks in Weekly Gains Rising 8%
In Week 4 of 52 (2026), NCBA Group PLC emerged the top gainer in the Banking Sector on the Nairobi Securities Exchange (NSE) on a week-on-week basis, rising by 8
NCBA owners face higher dividend taxes in Nedbank deal
The latest NCBA shareholder filings, dated December 31, 2025, show that there were two investment vehicles with holdings above 12.5 percent, making them exempt from tax on dividends.
Nedbank Moves To Acquire 66% Stake in NCBA via Tender Offer
NCBA Group PLC (NCBA or the Group), a preeminent financial services provider in East Africa, has announced that it has received a Strategic Investment Proposal together with a Notice of Intention (NOI) from Nedbank Group Limited (Nedbank) to acquire approximately 1,087,362,891 or 66 per cent of the ordinary shares of NCBA from NCBA shareholders by […]
Kenya Pipeline IPO and NCBA buyout fuel capital market deals
The pipeline offer also marks an end to a decade-long IPO drought at the Nairobi bourse.
Why NCBA Walked Past Familiar Buyers and Chose a Partner With No Footprint
Behind the boardroom decision was a simple fear that growth could come at the cost of identity
Why NCBA chose Nedbank offer over rival bidders
Bloomberg News had reported in October 2025 that Standard Bank had authorised Stanbic Holdings to engage NCBA with a goal of concluding an acquisition deal.
Nedbank Moves for Control of NCBA in 66% Deal | The Kenyan Wallstreet
South Africa’s Nedbank targets control of NCBA in a 66% deal, with most major shareholders already committed and the NSE listing set to remain.
Nedbank Targets 66% Stake in NCBA as It Eyes East Africa Growth
South Africa’s Nedbank Group has made a bold move into East Africa after submitting a strategic investment proposal to acquire a controlling stake in NCBA Group PLC, one of the region’s most influential financial institutions. Under the proposed deal, Nedbank intends to buy about 66 per cent of NCBA’s ordinary shares through a tender offer […]
Small investors get better price in Sh110bn NCBA buyout
The NCBA acquisition deal is part of Nedbank’s revised Africa growth plan after it sold its 21.1 percent stake in Nigerian lender Ecobank in 2025 for R1.8 billion amid regulatory uncertainty and...
South Africa’s Nedbank to Acquire Majority Stake in Kenya's NCBA for $856 million
South African Nedbank Group Limited has issued a formal Notice of Intention to acquire a controlling 66% stake in NCBA Group PLC.
NSE Market Report: Trading Slows Down as NCBA Emerges Most Traded Counter
Trading activity on the Nairobi Securities Exchange (NSE) was moderate in the session on 16th Friday 2026, with the equity turnover declining by 29
NCBA Commits Ksh60M as 2026 Golf Series Tees Off in Karen
NCBA has once again reaffirmed its place at the centre of East African golf after officially launching the 2026 NCBA Golf Series at the Karen Country Club on Thursday. The regional series, which will run across Kenya, Uganda, Tanzania and Rwanda, marks the sixth edition of the tournament and builds on five successful years that […]
NCBA executive Tirus Mwithiga takes CEO role at CIB Kenya
Tirus Mwithiga will replaces Abhinav Nehra, who has held the post for one year since his appointment in January 2025. ...
NCBA, HEVA Partner to Unlock Fresh Funding Opportunities for Kenyan Creatives
NCBA Bank has teamed up with HEVA Fund to launch a new financing programme that aims to unlock growth in Kenya’s creative economy. The two organisations unveiled the partnership during the NCBA Creative Economy Summit, where they announced a set of funding products designed specifically for artists and creative businesses. The partnership introduces five unique […]
NCBA Celebrates New SME Graduates As It Deepens Support For Kenya’s Entrepreneurship Ecosystem
NCBA has reinforced its commitment to elevating and empowering Kenya’s SME Sector as it celebrated a new cohort of 24 SME customers
Honouring the Muhoroni Man: NCBA Celebrates the Unpaid Years, Unbroken Spirit, and Unmatched Resilience of Sugar Factory Workers
This year’s celebrations carried special meaning for the Okello family. Jeremiah’s birthday had fallen just days before the NCBA engagement
Muhoho Kenyatta makes NCBA comeback amid buyout talks
Mr Muhoho is the younger brother of former President Uhuru Kenyatta.
NCBA Appoints Muhoho Kenyatta as Non Executive Director
NCBA Group PLC has appointed Muhoho Kenyatta as a Non-Executive Director, effective December 1, 2025. The appointment has generated wide public interest because of Kenyatta’s close history with the bank and his long-standing influence in Kenya’s corporate world. He previously served as Deputy Chairman of one of NCBA’s predecessor institutions for almost 20 years, from […]
NCBA Investment Bank Launches Offshore Investment Solutions | The Kenyan Wallstreet
NCBA Investment Bank has launched a new suite of Offshore Investment Solutions
NCBA Loses Stay Bid in KSh 384.5M Stamp Duty Case | The Kenyan Wallstreet
High Court dismisses NCBA’s attempt to halt enforcement of the ruling invalidating the NIC–CBA merger stamp duty waiver, clearing KRA to seek KSh 384.5M.
NCBA’s Elevate Program: How Kenya’s Talented Youth Can Finally Monetize Their Gifts and Build Wealth in Africa’s KSh 5 Trillion Gig Economy
NCBA Elevate is not just a bank account. It is Kenya’s first major attempt to bank the creative mind, not just the salaried worker
NCBA Investment Bank Launches Offshore Investment Solutions, Meeting Client Demand for Global Diversification
NCBA Investment Bank today announced the launch of its comprehensive Offshore Investment Solutions. This new offering reinforces its long-term
NCBA loses bid to stop stamp duty enforcement
Last week, the High Court declined to freeze the rider for the payment of the Sh384.5 million. ...
NCBA Launches Global Funds That Help Kenyan Investors Tap International Mark
A new class of global funds enters the room and forces a fresh look at how Kenyans protect their money beyond familiar borders
NCBA Donates First Batch of Water Tanks to Boost Clean Water Access Across Nyanza
NCBA has reaffirmed its commitment to sustainable community development with the donation of the first tranche of twenty-four (5,000) litre … Continued
How NCBA Bank Is Powering The Sustainable Growth Of SMEs In Kenya
NCBA’s business advisory programs help SMEs build structure—clear processes, accountability frameworks, efficient operational systems
NCBA Q3 Profit Rises 8.5% to 16.4Bn, Digital Loans Hit 1Tn | The Kenyan Wallstreet
NCBA posted a KSh 16.4Bn Q3 profit, up 8.5%, as margins strengthened and digital lending hit KSh 1Tn. Assets and deposits declined as lending stayed soft.
NCBA Group Profit After Tax Rises To Ksh 16.4 Billion In Q3 Of 2025
NCBA Group PLC has posted a profit after tax of KES 16.4 billion in its Q3 2025 financial results, which is an 8.5 per cent increase
NCBA Wraps Up “Meet, Mingle & Money Talks” in Mombasa, Reinforcing Its Customer-Obsessed Banking Vision
NCBA has taken its customer engagement drive to the Coast with the high level “Meet, Mingle & Money talks’ forum, in Mombasa
NCBA Partners With Kabarak University to Launch SME Business Development Programme Empowering Entrepreneurs Across Kenya
NCBA has announced a strategic partnership with Kabarak University to roll out a Business Development Programme (BDP) for Small and Medium Enterprises
NCBA Joins Kenya’s Manufacturing Community at the 2025 Changamka Festival To Power SME Growth And National Industrialisation
NCBA has partnered with the Kenya Association of Manufacturers on the 8th Edition of the Changamka Kenya Shopping Festival
NCBA Strengthens Ties with Coastal Kenya Through 3-Day Leadership Tour Focused On Partnership And Growth
NCBA Bank Kenya Managing Director, James Gossip, has concluded a 3-day leadership engagement at the Coast, connecting directly with customers
A Taste of Luxury: NCBA, The Macallan And Sandstorm Showcase Refined Lifestyle Experiences for High-Net-Worth Clients in Diani
NCBA Bank, in collaboration with The Macallan and Sandstorm Africa, on Friday, the 31st of October, hosted its top-tier Platinum Banking
NCBA Projects 5.0 Percent Economic Growth For Kenya In 2025, Calls For Balanced Policies
NCBA Group has projected that Kenya’s economy will grow by five percent in 2025, supported by improved private sector credit growth
Why Entrepreneurs Should Embrace NCBA’s KSh 1 Million Digital Personal Loan
It is within this context that NCBA’s Digital Personal Loan, accessible through the NCBA NOW App, emerges as a game-changer
How NCBA Is Powering Seamless Global Banking Through Partnerships
NCBA has strategically positioned itself as a bridge between Kenyans abroad and their loved ones at home, ensuring money moves across borders with the ease and reliability of a local transfer.
How NCBA’s Elev8 Revolution Could Unlock A KSh 1 Trillion Creative Economy And The Future of Talent Banking in Kenya
Kenya’s creative economy, valued at nearly KSh 500 billion, contributes about 5% of GDP — a figure that could easily double within five years with proper
NCBA Empowers High-Net-Worth Clients With Estate Succession Forum In Nanyuki
NCBA brought together its high-net-worth clients, industry experts and senior executives for an engaging estate succession forum
NCBA’s Genius Gamble: Turning Music, Influence, And Digital Content Into Collateral Could Rewrite Global Banking
NCBA Bank’s decision to allow musicians to use their songs, catalogs, and royalties as loan collateral is more than innovation
NCBA Champions Customer-Driven Growth Across Mombasa, Nyali, And Ukunda
NCBA has concluded its Coast leadership engagement circuit, which brought together customers, partners, and staff across Ukunda, Nyali
NCBA’s Bold Bet On Creativity: Why Banking On Talent is Kenya’s Next Growth Frontier
Kenya’s creative economy is at an inflection point. It already contributes about 5.3% to the nation’s GDP—roughly KSh110 billion
How NCBA CSME China Business Immersion 2025 Empowered African Entrepreneurs To Compete Globally
NCBA Bank’s Commercial and SME (CSME) division has once again reaffirmed its commitment to connecting African businesses with the world.
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