Equity Group Holdings Plc posted a record KSh 54.1 billion in profit after tax for the first nine months of 2025, surpassing its full-year 2024 earnings of KSh 48.8 billion and positioning the Group for its most profitable year on record.
“Our Q3 2025 performance reflects the strength of our diversified tri-engine business model, operational efficiency, and continued commitment to transforming lives,” said Dr. James Mwangi, Managing Director and CEO.
Key Financial Highlights (YoY Q3 2025 vs Q3 2024)
| Metric | Q3 2025 (KSh Bn) | Q3 2024 (KSh Bn) | YoY Growth |
|---|---|---|---|
| Net Interest Income | 93.5 | 80.6 | +16% |
| Non-Funded Income | 62.8 | 61.1 | +3% |
| Total Income | 156.3 | 141.7 | +10% |
| Profit Before Tax | 65.6 | 51.0 | +29% |
| Profit After Tax | 54.1 | 40.9 | +32% |
- Return on Equity (RoE): 26.4%
- Return on Assets (RoA): 4.1%
- Cost-to-Income Ratio: Improved to 50.6% from 55.1%
- NPL Ratio: Declined to 12.1% from 13.4%
- IFRS NPL Coverage: 71.4%
- Loan Book: KSh 859.8 Bn (+7%)
- Customer Deposits: KSh 1.35 Tn (+2%)
Regional Diversification Driving Growth
Equity’s regional subsidiaries contributed 45% of Group PBT, with strong performances across:
- Kenya: PBT up 54% to KSh 35.3B
- DRC: PBT up 27% to KSh 17.7B
- Uganda: PBT up 46% to KSh 3.5B
- Rwanda: PBT up 8% to KSh 5.5B
- Tanzania: PBT up 111% to KSh 1.9B
“We are particularly proud of our regional subsidiaries, which have demonstrated resilience and contributed significantly to our overall performance,” Dr. Mwangi noted.
Digital & Insurance Momentum
- 98% of transactions now occur outside branches
- KSh 2.88 trillion processed via Equity Mobile and USSD
- Insurance PBT: KSh 1.46B (+36%)
- Gross Written Premiums: KSh 6.55B (+71%)
- Equity Life Assurance: Served 6.8M customers, issued 17.8M policies
- Equity General Insurance: KSh 1.67B in premiums, KSh 140M PBT
- Equity Health Insurance: KSh 23M PBT in the first quarter of operations
Social Impact & Strategic Vision
Through the Equity Group Foundation, the Group has:
- Disbursed KSh 98B in social investments
- Trained 80,000 farmers in climate-smart agriculture
- Distributed 535,000+ clean energy solutions
- Planted 39.6 million trees
- Enabled 91,000 MSMEs to access KSh 38B in credit
- Supported 145 scholars with global university scholarships worth KSh 3.8B
“This transformation marks our evolution into a one-stop financial services provider… Our true north remains unwavering supporting micro, small, and medium enterprises,” said Dr. Mwangi.
