PRESS RELEASE: Equity Group Reports Kshs 15.4 Bn Profits After Tax on Prudent Cost Management and Resumption of Growth

Kenya banker James Mwangi leads Equity Group to $119 million profit in Q1 2025

Key PointsEquity Group posted a Q1 2025 profit of $119.2 million, down 4.24% year-on-year, impacted by weak income growth and South Sudan currency losses.Regional subsidiaries contributed 47% of total assets, with strong performance from Tanzania and DRC, highlighting the Group’s effective diversification strategy.Under James Mwangi, total assets rose 3.75% to Ksh1.75 trillion ($13.54 billion), while retained earnings grew 11.79%, solidifying Eq…

Equity Group hits Kshs 15.4 billion profit, reaffirms position as cross-border financial powerhouse

From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the Quarter One 2025 Investor Briefing event. Equity Group Holdings has registered 15.4 billion Profit After Tax for the period ended 31st March 2025. Equity Group reports Kshs 15.4 billion profits after tax on prudent cost management and resumption of growth Nairo…

PRESS RELEASE: Equity Group reports Kshs 15.4 bn profits after tax on prudent cost management and resumption of growth

• Total assets increased by 4% year on year to Kshs 1.75 trillion from Kshs 1.69 trillion. • Customer deposits increased by 7% year on year to Kshs 1.32 trillion. &...

Equity Group Posts Kshs15.4bn Profit on Strong Regional Growth and Cost Efficiency

Nairobi — Equity Group Holdings Plc has posted a Profit After Tax (PAT) of Kshs 15.4 billion for the first quarter of 2025, driven by strong regional performance, efficient cost management, and continued execution of its diversified business model. The Group’s total assets rose by 4% year-on-year to Kshs 1.75 trillion, while customer deposits climbed by 7% to Kshs 1.32 trillion. Net loans advanced by 3% to Kshs 804.7 billion. Regional subsidiari…

Tech Adoption, African Expansion Fuel Equity Group’s KSh 15.4 Billion Earnings

From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the Quarter One 2025 Investor Briefing event. Equity Group Holdings has registered 15.4 billion Profit After Tax for the period ended 31st March 2025. NAIROBI, Kenya – Equity Group on Thursday reported a robust profit after tax of 15.4 billion Kenyan shillings (abo…

Equity Group Posts Sh15.4 Billion Profit In Q1 2025 - Kahawatungu

Equity Group Holdings has posted a profit after tax of Sh15.4 billion in the first quarter of 2025, driven by strong cost management and growing regional operations. The group’s financial strength and diversified business strategy continue to boost its performance despite a tough economic environment. The Group’s Managing Director and CEO, Dr. James Mwangi, attributed the performance to prudent management and regional growth. “We are proud of th…