Equity Group has reported the highest profit in Kenya’s corporate history. The bank has posted a 55% jump in profit after tax to KSh75.5 billion for the financial year ending 2025, up from KSh48.8 billion the previous year.
Total income rose 12% to KSh217.7 billion, supported by a 17% increase in net interest income and a 7% growth in non-funded income. The Group’s balance sheet expanded to KSh1.97 trillion, with customer deposits reaching KSh1.46 trillion.
Over 98% of customer transactions were conducted outside branches, with 88.4% happening through digital channels. This is a similar trend from what we reported a few weeks back when KCB announced its annual results. For KCB, digital channels handle 99% of transactions.
Cost-to-income ratio grew to 51.0% from 58.2%. This was largely driven by automation, shared services and reduced reliance on physical infrastructure.
“The 2025 performance reflects the success of our deliberate transformation into a diversified, regional financial services group,” said Dr. James Mwangi.
“Importantly, our regional subsidiaries now contribute about half of our banking profitability, demonstrating the value of our pan-African footprint.”
The Democratic Republic of Congo, Uganda, Rwanda and Tanzania all posted strong growth. Out of these Uganda’s profit surged fivefold and Tanzania recorded a 125% increase.
Subsidiaries accounted for 51% of profit before tax and 48% of profit after tax in the banking business.
The Group says it is investing in next-generation digital infrastructure and AI-enabled systems as part of its Africa Recovery and Resilience Plan (ARRP).
The Group has proposed a dividend of KSh5.75 per share. This is a 35% increase from the previous year.
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