Gerald Kyalo. (geraldbway).
Equity Group Holdings Plc has announced a record-breaking profit after tax of Ksh75.5 billion for the 2025 financial year, marking a 55% increase from Ksh48.8 billion in 2024. The Group's strong performance is attributed to its diversified regional financial services, with regional subsidiaries contributing nearly half of the Group's banking profitability.
The Board of Directors has proposed a dividend of Ksh5.75 per share, totaling Ksh21.7 billion, representing a 35.3% growth in dividends. This reflects the Group's commitment to delivering value to its shareholders.
*Key Financial Highlights:*
- *Balance Sheet:* Expanded by 9% to Ksh1.97 trillion, with customer deposits rising 4% to Ksh1.46 trillion and net loans growing 8% to Ksh882.5 billion.
- *Income:* Net interest income grew 17% to Ksh126.9 billion, while non-funded income increased 7% to Ksh90.8 billion, pushing total income up 12% to Ksh217.7 billion.
- *Operational Efficiency:* Cost-to-income ratio improved to 51.0% from 58.2%, driven by increased use of self-service channels and tighter cost discipline.
- *Digital Adoption:* Over 98% of customer transactions conducted outside branches, with 88.4% processed through digital channels.
- *Equity Bank Kenya:* Profit after tax rose 63% to Ksh39.2 billion.
- *Regional Banking Subsidiaries:* Recorded a 53% growth in profit after tax to Ksh36.3 billion, driven by profit growth in the DRC, Uganda, and Tanzania units.
- *Insurance Business:* Equity Insurance Group posted a 75% increase in gross written premiums to Ksh9.17 billion, with profit before tax rising 36% to Ksh2.0 billion.
Equity Group Managing Director and CEO Dr. James Mwangi emphasized the Group's focus on building a future-ready institution that is scalable, secure, and impact-led. The Group aims to serve 100 million customers across 15 countries by 2030, leveraging AI-enabled systems.
The Board of Directors has proposed a dividend of Ksh5.75 per share, totaling Ksh21.7 billion, representing a 35.3% growth in dividends. This reflects the Group's commitment to delivering value to its shareholders.
*Key Financial Highlights:*
- *Balance Sheet:* Expanded by 9% to Ksh1.97 trillion, with customer deposits rising 4% to Ksh1.46 trillion and net loans growing 8% to Ksh882.5 billion.
- *Income:* Net interest income grew 17% to Ksh126.9 billion, while non-funded income increased 7% to Ksh90.8 billion, pushing total income up 12% to Ksh217.7 billion.
- *Operational Efficiency:* Cost-to-income ratio improved to 51.0% from 58.2%, driven by increased use of self-service channels and tighter cost discipline.
- *Digital Adoption:* Over 98% of customer transactions conducted outside branches, with 88.4% processed through digital channels.
- *Equity Bank Kenya:* Profit after tax rose 63% to Ksh39.2 billion.
- *Regional Banking Subsidiaries:* Recorded a 53% growth in profit after tax to Ksh36.3 billion, driven by profit growth in the DRC, Uganda, and Tanzania units.
- *Insurance Business:* Equity Insurance Group posted a 75% increase in gross written premiums to Ksh9.17 billion, with profit before tax rising 36% to Ksh2.0 billion.
Equity Group Managing Director and CEO Dr. James Mwangi emphasized the Group's focus on building a future-ready institution that is scalable, secure, and impact-led. The Group aims to serve 100 million customers across 15 countries by 2030, leveraging AI-enabled systems.
