Equity Group Holdings Plc has announced impressive third-quarter results for 2025, recording a 32 per cent growth in Profit After Tax to KSh54.1 billion, up from KSh40.9 billion in the same period last year. The performance underscores the Group’s successful strategic transformation, strong regional expansion, and diversification into insurance and technology.
The growth was supported by a 16 per cent increase in net interest income, 3 per cent rise in non-funded income, and improved operational efficiency, with the cost-to-income ratio falling to 50.6 per cent from 55.1 per cent. The Group also maintained a healthy balance sheet, improving non-performing loan coverage to 71.4 per cent while keeping the cost of risk at 1.9 per cent.
Equity Group’s Return on Average Equity (RoAE) rose to 26.4 per cent, while Return on Average Assets (RoAA) stood at 4.1 per cent, reflecting sustained profitability across its diversified portfolio.
“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, Equity Group Managing Director and CEO. “By empowering MSMEs, leveraging digital platforms, and aligning with Africa’s socio-economic and sustainability priorities, we continue to drive inclusive growth and shared prosperity.”
Kenya Operations Rebound Strongly
Equity Bank Kenya posted a 51 per cent jump in profit after tax to KSh31.1 billion, up from KSh20.6 billion. Net interest income grew 27 per cent to KSh53.6 billion, supported by a 34 per cent drop in interest expenses. The bank disbursed 45 per cent of Kenya’s KSh201 billion MSME loans between January and July 2025, reaffirming its dominance in the SME lending market.
Regional Subsidiaries Power Growth
Regional operations contributed nearly half of the Group’s assets and profits, showcasing Equity’s transformation into a pan-African financial powerhouse.
DRC: Profit after tax rose 21 per cent to KSh13.8 billion, with loan book growth of 19 per cent to KSh302.7 billion.
Uganda: Profit surged 61 per cent to KSh2.9 billion, while total equity grew 23 per cent to KSh18.5 billion.
Rwanda: Loans expanded 34 per cent to KSh62.3 billion, with assets reaching KSh122.9 billion.
Tanzania: Profit almost doubled, rising 88 per cent to KSh1.5 billion, driven by a 51 per cent increase in loans.
Regional subsidiaries now contribute 50 per cent of deposits, 53 per cent of the loan book, and 49 per cent of total banking revenue, reinforcing Equity’s regional diversification strategy.
Insurance Business Records Strong Momentum
Equity Insurance Group continued its strong growth, reporting a 71 per cent increase in gross written premiums to KSh6.55 billion and a 36 per cent rise in profit before tax to KSh1.46 billion. The Group now holds three underwriting licenses life, general, and health—cementing its evolution into an integrated financial services provider.
Equity Life Assurance grew its profit before tax by 21 per cent to KSh1.3 billion, serving 6.8 million customers and issuing 17.8 million policies.
Equity General Insurance recorded KSh1.67 billion in premiums within its first nine months, achieving KSh140 million in profit.
Equity Health Insurance, launched in July 2025, closed its first quarter with a profit of KSh23 million.
Strategic Transformation and Sustainability Investments
Equity Group’s Africa Recovery and Resilience Plan (ARRP) and 2030 strategic vision aim to expand its footprint to 15 countries and reach 100 million customers by 2030. The Group has adopted next-generation, AI-driven technologies to enhance digital operations and strengthen customer-centric service delivery.
The Group also reported cumulative social impact and sustainability investments of about KSh98 billion ($715 million), channeled through the Equity Group Foundation (EGF) into education, health, enterprise, and climate resilience programs.
Recognized with the Sustainable CSR Award 2025, EGF’s partnerships with Huawei, iamtheCODE, and WorldQuant University have deepened Equity’s commitment to data-driven impact measurement under the Sustainable Disclosure Impact Data (SDID) framework.
Awards and Recognition
Equity Group was named the “Best Regional Bank in East Africa” at the African Banker Awards 2025 and retained its position as Kenya’s most valuable brand for the second consecutive year.
“Our transformation marks our evolution into a one-stop financial services provider, offering borrowing, investing, insurance, and savings solutions 24/7,” Dr. Mwangi added. “We remain committed to driving Africa’s growth story through innovation, inclusion, and sustainability.”
With its strong performance, regional expansion, and diversified business model, Equity Group Holdings continues to solidify its position as one of Africa’s leading financial institutions driving inclusive and sustainable economic transformation.