Joint Stock Co Kaspi.kz

Kaspi.kz reported its interim condensed consolidated financial results for the first half of 2026, with revenue increasing by 22.5% to KZT 2.19 trillion. Despite strong revenue growth, net income remained largely flat at KZT 510.8 billion, and basic earnings per share saw a minor decrease. The company also declared significant dividends and initiated a share buyback program during the period.

JSC Kaspi.kz's Board of Directors announced an Extraordinary General Meeting of Shareholders to be held on September 9, 2026. The primary agenda item is the approval of a dividend payment, with the Board recommending a dividend of 1,000 KZT per common share. The proposed record date for shareholders entitled to receive dividends is September 8, 2026.

Kaspi.kz reported a 15% year-over-year revenue increase to KZT1.1 trillion ($2.3 billion) for Q2 2026, with adjusted EBITDA up 5% to KZT397 billion ($826 million). The company's Board proposed an 18% increase in the quarterly dividend to KZT1,000 per ADS. Strategic initiatives include the successful rollout of Kasper, an AI shopping assistant, and the rebranding and initial operations of Hepsi Bank in Türkiye following the Rabobank A.Ş. acquisition. Net income remained stable due to investments and higher funding costs.

Kaspi.kz announced the completion of its acquisition of Rabobank A.Ş., a fully licensed bank operating in Türkiye. This move expands Kaspi.kz's presence in the Turkish market, where it already holds an 86.74% stake in Hepsiburada, a prominent e-Commerce platform. Kaspi.kz is known for its unique two-sided Super App model, serving over 25 million consumers and 900 thousand merchants across Kazakhstan and Türkiye.

Kaspi.kz announced the launch of Kasper, its new personal AI assistant, at the Kaspi Event in Almaty. Mikheil Lomtadze, CEO and Co-Founder, presented Kasper as the next chapter in the company's innovation, aiming to simplify everyday tasks and help customers make confident choices. Kasper will be available to customers in Almaty next week, marking the first step towards Kaspi.kz's broader ambition to provide a personal AI assistant to all its customers.

Joint Stock Company Kaspi.kz announced it has received regulatory approval from Türkiye's Banking Regulation and Supervision Agency (BDDK) to acquire Rabobank A.Ş., a fully licensed bank in Türkiye. The transaction is anticipated to close in July 2026, pending customary closing conditions. This approval marks a significant milestone for Kaspi.kz's expansion in Türkiye, where it intends to leverage its expertise in payments, marketplace, and fintech to serve local consumers and merchants. Kaspi.kz already holds an 86.74% stake in Hepsiburada, a leading e-Commerce platform in the country.

Joint Stock Co Kaspi.kz announced that its Extraordinary General Meeting approved a dividend of KZT 850 per common share for the first quarter of 2026. Dividend payments will commence on June 11, 2026, for shareholders on record as of June 10, 2026, and will be paid in cash via wire transfers. The meeting also approved the agenda and elected three members to the company's Counting Commission with unlimited terms.

Kaspi.kz announced the results of its Extraordinary General Meeting held on June 11, 2026. Shareholders approved a dividend payment of KZT 850 per common share for the first quarter of 2026, with payments commencing on June 11, 2026, to shareholders of record as of June 10, 2026. Additionally, the EGM approved the appointment of three members to the company's Counting Commission with an unlimited term of powers.

Joint Stock Co Kaspi.kz reported its Q1 2026 financial results, with revenue increasing by 31.5% to 1,080.6 billion KZT. However, net income saw a slight decrease of 0.8% to 251.9 billion KZT, and basic earnings per share also declined by 1.05% to 1,313 KZT. The company's Adjusted EBITDA grew by 9.0% to 367.9 billion KZT, driven by strong performance in the Marketplace segment which saw revenue growth of 48.8%. The company also conducted a share buy-back program totaling 28.4 billion KZT during the quarter.

Joint Stock Co Kaspi.kz announced an Extraordinary General Meeting of Shareholders to be held on June 11, 2026, in Almaty, Kazakhstan. The Board of Directors recommends a dividend payment of 850 KZT per common share for shareholder approval. The proposed record date for dividends is June 10, 2026.