HFCK stock carries 74.20 percent half-year profit growth

HFCK stock was last quoted at KES 12.60 on the Nairobi Securities Exchange on August 7, 2026, a 0.40 percent gain from the previous close of KES 12.55. The company behind the counter reported a 74.20 percent year-over-year increase in first-half 2026 profit before tax to KES 1.22 billion.

Profit growth sets the tone

According to Pergamon in its September 3, 2026 earnings update, HFCB Group reported first-half total income of KES 3.80 billion, up 31.70 percent from KES 2.89 billion in the same period of 2025. Profit after tax rose 59.90 percent to KES 998.33 million from KES 624.34 million.

The earnings mix also shifted. Net interest income increased 29.40 percent to KES 2.64 billion, while the banking business produced KES 934.59 million of profit before tax, up 76.30 percent from KES 556.41 million a year earlier.

Loan growth meets a capital test

The group expanded its loan book 11.50 percent to KES 43.41 billion in the first half of 2026, while customer deposits rose 29.70 percent to KES 68.07 billion, according to Pergamon. The figures show that deposit growth outpaced lending growth, giving management more funding capacity while also highlighting the importance of converting that liquidity into higher-yielding assets.

The group also reported total assets of KES 94.00 billion, up 22.30 percent year over year. Its gross non-performing-loan ratio stood at 15.50 percent in HY2026, above the 15.30 percent industry measure cited in the same analysis, leaving asset quality as a measurable counter-factor to the earnings improvement.

Rebrand and disclosure scrutiny

The former HF Group now operates as HFCB Group. Its website describes HFCK, Housing Finance, HFC and HF Group as HFCB, while Business Daily reported on August 31, 2026, that the Capital Markets Authority was reviewing the release of the half-year results during trading hours. The Nairobi Securities Exchange halted trading for that session, adding a governance issue to an otherwise strong operating update.

Stock reference: HFCB traded at KES 12.60 on August 7, 2026, on the Nairobi Securities Exchange, with a 0.40 percent gain and 180,084 shares traded. The market capitalization was KES 23.8 billion on the same market reference, and the stock was up 27.00 percent year to date.