HF Group has reported a strong rebound in profitability, more than doubling its earnings for the first six months of 2025 to Sh624 million, driven largely by higher interest income from government securities.
The performance represents a 134 per cent increase compared to the Sh266 million net profit the lender posted in the corresponding period last year.
During the review period, HF Group expanded its loan book from Sh37.92 billion to Sh38.94 billion, earning Sh2.33 billion in interest income on loans and advances, a slight uptick from Sh2.32 billion in 2024.
However, the biggest boost came from its aggressive investment in government securities, which jumped to Sh20.16 billion from Sh8.97 billion a year earlier. This nearly doubled its interest income from the assets to Sh1.27 billion, compared to Sh676 million previously.
The lender’s assets rose by 20.6 percenper cent76.9 billion, supported by stronger lending and investment growth. In line with its strengthened capital base and expanding market share, HF Group’s banking arm has officially been upgraded to a tier two bank.
Group Chief Executive Officer Robert Kibaara attributed the impressive performance to the ongoing transformation and diversification strategy, which he said had fuelled growth across subsidiaries and positioned the bank for sustained profitability.