Equity Group's Balance Sheet Hits KSh 2.04 Trillion as Q1 Profits Rise to KSh 19b After Tax

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/