Equity Group posts 23pc profit growth to Sh18bn

Equity Group CEO James Mwangi addresses investors at the Full Year 2025 briefing on Wednesday, March 18, 2026, at Equity Centre.

Photo credit: Dennis Onsongo | Nation Media Group

Equity Group Holdings has reported a 23.8 percent growth in profit after tax for the first quarter ended March 2026, riding on cost-cutting, as the listed lender’s asset base crossed the Sh2 trillion mark despite a slowdown in lending.

The lender with operations in Kenya, Rwanda, Uganda, Tanzania, South Sudan and the Democratic Republic of Congo (DRC) reported a profit of Sh18.3 billion, up from Sh14.8 billion.

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Note: The results are not exact but very close to the actual.