Equity Group profit up 33pc in first nine months on lower deposit costs

Equity Group managing director and CEO James Mwangi.

Photo credit: File | Nation Media Group

Equity Group Holdings has reported a 32.6 percent growth in net profit for the first nine months ended September 2025, riding on cheaper cost of deposits while holding other operating expenses flat.

The regional lender, with operations in six countries, Kenya, Rwanda, Uganda, Tanzania, South Sudan, and the Democratic Republic of Congo, reported a net profit of Sh52.1 billion for the period ended September, up from Sh39.2 billion in a similar period the previous year.

PAYE Tax Calculator

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