Equity Group Holdings profit growth has surged by 32 per cent in the third quarter of 2025, with the lender posting a Profit After Tax of KSh54.1 billion, up from KSh40.9 billion recorded during the same period last year.
The strong performance highlights the Group’s solid regional expansion, continued business diversification, and successful transformation into a one-stop financial services provider.
According to the Group, the growth was supported by a 16 per cent increase in net interest income, a 3 per cent rise in non-funded income, and improved operational efficiency.
The cost-to-income ratio dropped to 50.6 per cent from 55.1 per cent, signaling stronger productivity.
Equity also maintained a healthy balance sheet, with non-performing loan coverage improving to 71.4 per cent while keeping the cost of risk at 1.9 per cent.
“Our Q3 2025 results reflect the power of our diversified tri-engine business model and our focus on transforming lives across Africa,” said Dr. James Mwangi, the Group’s Managing Director and CEO. “Through digital innovation, MSME empowerment, and sustainability-focused investments, we continue to promote inclusive growth and shared prosperity.”
Kenya Operations Post Remarkable Rebound
Equity Bank Kenya recorded a 51 per cent rise in profit after tax to KSh31.1 billion, up from KSh20.6 billion last year. Net interest income grew by 27 per cent to KSh53.6 billion, supported by a 34 per cent drop in interest expenses.
The bank also strengthened its leadership in MSME financing, disbursing 45 per cent of Kenya’s KSh201 billion MSME loans between January and July 2025.
Regional Subsidiaries Fuel Equity Group Holdings Profit Growth
Regional markets continued to be a major driver of Equity Group Holdings profit growth, contributing nearly half of the Group’s assets and profits.
DRC: Profit after tax rose 21 per cent to KSh13.8 billion, with a 19 per cent loan book expansion 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 grew 34 per cent to KSh62.3 billion, with assets hitting KSh122.9 billion.
Tanzania: Profit nearly doubled, up 88 per cent to KSh1.5 billion, driven by a 51 per cent increase in loans.
Regional subsidiaries now contribute 50 per cent of total deposits, 53 per cent of the loan book, and 49 per cent of banking revenue, affirming the Group’s successful diversification strategy.
Insurance Business Gains Momentum
Equity’s insurance arm also recorded impressive growth. Gross written premiums rose 71 per cent to KSh6.55 billion, while profit before tax climbed 36 per cent to KSh1.46 billion.
The Group now operates three underwriting licenses life, general, and health strengthening its position as an integrated financial services provider.
Equity Life Assurance posted a 21 per cent profit growth to KSh1.3 billion, serving 6.8 million customers and issuing 17.8 million policies.
Equity General Insurance generated KSh1.67 billion in premiums within nine months, earning KSh140 million in profit.
Equity Health Insurance, launched in July 2025, closed its first quarter with KSh23 million in profit.
Driving Sustainability and Digital Transformation
Under its Africa Recovery and Resilience Plan (ARRP) and Vision 2030 strategy, Equity aims to expand operations to 15 countries and reach 100 million customers by 2030. The Group continues to leverage AI-driven digital platforms to enhance service delivery and customer experience.
Through the Equity Group Foundation (EGF), the bank has invested KSh98 billion ($715 million) in education, health, enterprise development, and climate resilience initiatives.
The Foundation was recently recognized with the Sustainable CSR Award 2025 for its impact-driven partnerships with Huawei, iamtheCODE, and WorldQuant University.
Recognition and Outlook
Equity Group was named the Best Regional Bank in East Africa at the African Banker Awards 2025 and retained its title as Kenya’s most valuable brand for the second year running.
“Our transformation journey is reshaping Equity into a 24/7 financial ecosystem from lending and investing to insurance and savings,” Dr. Mwangi added. “We’re not just building a bank; we’re powering Africa’s growth story through innovation and inclusion.”
With its strong third-quarter results, expanding regional footprint, and diversified business model, Equity Group Holdings profit growth cements its position among Africa’s leading financial institutions, driving sustainable and inclusive economic transformation.
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