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Equity profit falls to Sh14.8bn in first quarter
Equity Group Managing Director and CEO, James Mwangi, addresses the bank’s investor briefing during the release of its Q1 2025 financial results at the Equity Centre in Upper Hill, Nairobi, on May 29, 2025.
Photo credit: Wilfred Nyangaresi | Nation Media Group
Equity Group posted Sh14.8 billion net profit for the first quarter ended March 2025, marking a 3.86 percent decline on the back of falling non-interest income.
The net earnings retreated from Sh15.39 billion posted in the preceding similar quarter and came in the period net profit from subsidiaries in Rwanda, Uganda, South Sudan and Democratic Republic of Congo posted reduced earnings.
