Equity Group's Balance Sheet Hits KSh 2.04 Trillion as Q1 Profits Rise to KSh 19b After Tax
- Equity Group Holdings has reported a 24% year-on-year increase in profit after tax to KSh 19.1 billion for the first quarter of 2026
- The group said the growth has been driven by strong contributions from regional subsidiaries, disciplined execution, and the continued success of its technology-led transformation
- Regional banking businesses outside Kenya accounted for 50% of the group's banking profitability and 52% of total banking assets
Equity Group has delivered a strong first-quarter performance for 2026, demonstrating the continued success of its transformation into a resilient, technology-led, pan-African financial services group.
Profit after tax rose 24% to KSh 19.1 billion, up from KSh 15.4 billion in the first quarter of 2025. Commenting on the results, James Mwangi, the group managing director and CEO, said: Read more: https://www.tuko.co.ke/business-economy/capital-market/626773-equity-groups-balance-sheet-hits-ksh-204-trillion-q1-profits-rise-19b/