NCBA Group Plc advanced 3.7% over five trading sessions to close at KES 91.25 on Tuesday, trading at a price-to-earnings ratio of 6.9x and offering a dividend yield of 6.03%, according to NSE data. The move comes as the bank released unaudited financial results for the period ended September 30, 2025, joining a wave of quarterly disclosures from KCB Group, I&M Group, ABSA Bank Kenya, Diamond Trust Bank and Co-operative Bank that are reshaping Kenya's banking landscape.
Nairobi stock exchange today : Banking resilience vs Tech drag
The Nairobi Securities Exchange showed apparent stagnation on March 24, 2026, with the NASI unchanged at 209.42 points and the NSE 20 flat at 3881.11, masking contrasting sectoral movements and structural market weakness. While Safaricom plunged 4.5% to KES 28.9, dragging the overall index due to its 40%+ weight in total market capitalization, the banking sector held firm. NCBA benefited from an environment where six major banks simultaneously unveiled Q3 2025 figures, creating positive sector momentum despite narrow market breadth of only 2 gainers against 5 decliners among 12 active stocks, according to NSE market data.
The March 24 session marked a structural turning point with the official launch of the NSE Banking Sector Index, per the exchange announcement, enhancing visibility for financial stocks that historically dominate value and volume traded. This initiative coincided with quarterly earnings releases, offering investors unprecedented granularity to compare listed bank performances, with NCBA representing a significant component of this new sector benchmark.