The Co-operative Bank of Kenya Limited announced unaudited group and bank earnings results for the first quarter ended March 31, 2015. For the quarter, on group basis, the company reported total interest income of KES 8,165,743,000 against KES 6,649,632,000 a year ago. Net interest income was KES 5,846,356,000 against KES 4,818,348,000 a year ago. Total operating income was KES 8,716,533,000 against KES 7,478,387,000 a year ago. Profit before tax and exceptional items were KES 4,414,576,000 against KES 3,318,488,000 a year ago. Profit before tax was KES 4,502,930,000 against KES 3,468,418,000 a year ago. Profit after tax and exceptional items were KES 3,173,025,000 against KES 2,465,574,000 a year ago. Diluted earnings per share were KES 0.65 against KES 0.50 a year ago. Net cash generated from operating activities was KES 7,689,626,000 against KES 10,407,637,000 a year ago. Purchase of property and equipment was KES 9,491,000 against KES 650,220,000 a year ago.

For the quarter, on bank basis, the company reported total interest income of KES 6,644,802,000 against KES 5,475,008,000 a year ago. Net interest income was KES 5,806,602,000 against KES 4,808,017,000 a year ago. Total operating income was KES 8,351,275,000 against KES 7,185,905,000 a year ago. Profit before tax and exceptional items were KES 4,328,022,000 against KES 3,291,610,000 a year ago. Profit before tax was KES 4,328,022,000 against KES 3,291,610,000 a year ago. Profit after tax and exceptional items were KES 3,029,615,000 against KES 2,304,127,000 a year ago. Diluted earnings per share were KES 1.71 against KES 0.47 a year ago.