Review pending. Every figure has been checked against its cited source page in an AI-assisted source verification (7 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review
Equity Group
On this page
Company details
- Legal name
- Equity Group Holdings PLC
- Incorporated in
- Kenya
- Primary listing
- EQTY on the Nairobi Securities Exchange, active · ISIN KE0000000554 (observed 2026-10-06)
- Also listed
- EBL on the Uganda Securities Exchange, active · ISIN KE0000000554 (observed 2026-10-06)
- Sector
- Banking (our classification from the stated principal activity)
- Activity
- Non-operating bank holding company; subsidiaries offer corporate and retail banking, insurance, investment and technology services.
- Financial year ends
- 31 December
Overview
Year ended 31 December 2025 · annual report, signed / final · source
-
Net interest income
KES 142 billion
141,630 KES millions · p141
+14.4% vs 2024
Interest income less interest expense, as printed.
-
Total net income
KES 200 billion
200,188 KES millions · p141
+10.1% vs 2024
The bank's own total of its income lines before credit impairment and operating expenses, under its printed label. What it includes differs between banks; it is not revenue.
-
Profit / (loss) for the year
KES 75.5 billion
75,548 KES millions · p141
+54.7% vs 2024
-
Total assets
KES 1.97 trillion
1,970,991 KES millions · p144
+9.2% vs 2024
-
Customer deposits
KES 1.46 trillion
1,455,142 KES millions · p144
+3.8% vs 2024
-
Total equity
KES 326 billion
326,104 KES millions · p144
+32.1% vs 2024
Large amounts are rounded for reading (KES million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.
Financial statements
Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in KES millions unless the row says otherwise; brackets are negative.
† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table
Column sources
- FY2025 — annual report, signed / final; reported for the year · source
- FY2024 — annual report, signed / final; comparative in the FY2025 filing · source
- FY2023 — annual report, signed / final; comparative in the FY2024 filing · source
Income statement
| Line (as printed) | FY2025Annual reportreported for the year | FY2024Annual reportcomparative in FY2025 filing | FY2023Annual reportcomparative in FY2024 filing |
|---|---|---|---|
| Interest income | 188,329 | 185,344 | 164,214 |
| Interest expense | (46,699) | (61,575) | (51,191) |
| Net interest income | 141,630 | 123,769 | 113,023 |
| Fee and commission income | 48,261 | 44,821 | 40,821 |
| Fee and commission expense | (14,530) | (12,558) | (11,876) |
| Net fee and commission income | 33,731 | 32,263 | 28,945 |
| Insurance revenue | 3,576 | 1,429 | 1,657 |
| Insurance service expense | (3,021) | (813) | (1,134) |
| Insurance service result | 555 | 616 | 523 |
| Net foreign exchange income | 15,639 | 12,587 | 17,356 |
| Other operating income | 8,633 | 12,554 | 8,347 |
| Total net income | 200,188 | 181,789 | 168,194 |
| Fair value gain on loan notes at FVTPL12 | 194 | 2,440 | (783) |
| Credit impairment losses | (11,685) | (23,261) | (32,954) |
| Net operating income3 | 188,697 | 160,968 | 134,457 |
| Employee benefits | (39,467) | (33,364) | (32,011) |
| Depreciation and amortisation4 | (9,777) | (8,151) | (7,321) |
| General and administrative expenses | (45,272) | (52,930) | (43,246) |
| Loss on net monetary position5 | (2,066) | (5,782) | –6 |
| Operating expenses7 | (96,582) | (100,227) | (82,578) |
| Profit before income tax | 92,115 | 60,741 | 51,879 |
| Income tax expense | (16,567) | (11,917) | (8,142) |
| Profit for the year | 75,548 | 48,824 | 43,737 |
| - Non-controlling interest89 | 3,584 | 2,275 | 1,760 |
| Other comprehensive income for the year, net of tax10 | 19,726 | (4,996) | 7,231 |
| Total comprehensive income for the year, net of tax | 95,274 | 43,828 | 50,968 |
- Printed “-”, read as nil: subtotal_arithmetic: is.native.co_bnp2c4kpft3t.operating_expenses_total.
Notes and alternative reported figures (9)
- “Fair value gain on loan notes at FVTPL” is an issuer-specific line, not mapped to a shared definition: Note 22(d).
- Printed under different labels across filings: “Fair value gain on loan notes at FVTPL”; “Fair value gain/ (loss) on loan notes at FVTPL”.
- “Net operating income” is an issuer-specific line, not mapped to a shared definition: Total net income after the FVTPL gain and credit impairment losses.
- “Depreciation and amortisation” is an issuer-specific line, not mapped to a shared definition: Note 12; one combined line.
- “Loss on net monetary position” is an issuer-specific line, not mapped to a shared definition: Note 40: hyperinflation adjustment (IAS 29), South Sudan.
- “Operating expenses” is an issuer-specific line, not mapped to a shared definition: Printed subtotal of employee benefits, depreciation and amortisation, general and administrative expenses and the monetary-position loss.
- “- Non-controlling interest” is an issuer-specific line, not mapped to a shared definition: As printed under 'Profit attributable to'.
- Printed under different labels across filings: “- Non-controlling interest”; “Non-controlling interest”.
- Printed under different labels across filings: “Other comprehensive income for the year, net of tax”; “Other comprehensive income for the year, net of tax (unlabelled subtotal)”.
Balance sheet
| Line (as printed) | FY2025Annual reportreported for the year | FY2024Annual reportcomparative in FY2025 filing | FY2023Annual reportcomparative in FY2024 filing |
|---|---|---|---|
| Cash, deposits, and balances due from financial institutions1 | 389,362 | 344,609 | 289,253 |
| Derivative financial assets | 21 | 184 | 96 |
| Investment securities | 577,783 | 511,982 | 500,542 |
| Due from related parties2 | 22 | 67 | 141 |
| Current income tax | 4,288 | 2,949 | 1,088 |
| Loans and advances to customers | 882,457 | 819,236 | 887,380 |
| Other assets | 32,862 | 30,546 | 38,233 |
| Reinsurance contract assets | 1,980 | 1,655 | 1,623 |
| Investment properties | 5,897 | 6,087 | 7,497 |
| Property and equipment | 24,996 | 23,393 | 26,138 |
| Right-of-use assets | 10,411 | 9,775 | 8,446 |
| Intangible assets | 19,689 | 18,646 | 19,168 |
| Deferred income tax | 21,223 | 35,497 | 41,830 |
| Total assets | 1,970,991 | 1,804,626 | 1,821,435 |
| Deposits from customers | 1,455,142 | 1,401,387 | 1,358,228 |
| Borrowed funds | 84,763 | 72,533 | 150,595 |
| Other liabilities | 62,492 | 46,736 | 57,857 |
| Employee benefit obligations | 2,604 | 2,163 | 2,262 |
| Lease liabilities3 | 10,635 | 11,131 | 9,591 |
| Insurance contract liabilities | 22,518 | 19,894 | 16,903 |
| Current income tax | 1,892 | 619 | 5,036 |
| Deferred income tax | 4,841 | 3,295 | 2,828 |
| Total liabilities | 1,644,887 | 1,557,758 | 1,603,300 |
| Share capital | 1,887 | 1,887 | 1,887 |
| Share premium | 15,325 | 15,325 | 15,325 |
| Retained earnings | 278,516 | 232,8344 | 216,393 |
| Proposed dividends5 | 21,701 | 16,038 | Not reported in this filing6 |
| FVOCI reserve | (1,058) | (23,985) | (40,220) |
| Statutory reserve | 5,200 | 619 | 1,644 |
| Foreign currency translation reserve7 | (11,753) | (8,729) | 12,712 |
| Other reserves8 | (313) | 52 | 52 |
| Equity attributable to owners of the Company | 309,505 | 234,041 | 207,793 |
| Non-controlling interests | 16,599 | 12,827 | 10,342 |
| Total equity | 326,104 | 246,868 | 218,135 |
| Total equity and liabilities | 1,970,991 | 1,804,626 | 1,821,435 |
Notes and alternative reported figures (8)
- “Cash, deposits, and balances due from financial institutions” is an issuer-specific line, not mapped to a shared definition: Note 21(a): cash, central-bank balances and placements with other banks in one line.
- “Due from related parties” is an issuer-specific line, not mapped to a shared definition: Note 32(f).
- “Lease liabilities” is an issuer-specific line, not mapped to a shared definition: Note 16(c); not split into current and non-current.
- Annual report dated 2025-03-26 prints 248,872 (millions, p135) for this line and year.
- “Proposed dividends” is an issuer-specific line, not mapped to a shared definition: Proposed final dividend held in equity until approved.
- Not reported in this filing: The 2024 statement of financial position (p135) prints no proposed-dividends line; it is within retained earnings.
- “Foreign currency translation reserve” is an issuer-specific line, not mapped to a shared definition: As printed.
- “Other reserves” is an issuer-specific line, not mapped to a shared definition: As printed.
Cash flow
| Line (as printed) | FY2025Annual reportreported for the year | FY2024Annual reportcomparative in FY2025 filing | FY2023Annual reportcomparative in FY2024 filing |
|---|---|---|---|
| Cash generated from operations | 82,184 | 212,6221 | 238,263 |
| Income taxes paid | (8,960) | (15,871) | (9,631) |
| Interest paid on leases | (603) | (729) | (602) |
| Payment of defined benefits obligation2 | (240) | (332) | Not reported in this filing3 |
| Net cash flows from operating activities | 72,381 | 195,6904 | 228,632 |
| Purchase of property and equipment | (6,149) | (5,830) | (7,254) |
| Proceeds from sale of property and equipment | 881 | 3,142 | 16 |
| Purchase of intangible assets | (3,870) | (1,594) | (3,814) |
| Purchase of investment securities5 | (168,192) | (159,545) | (308,817) |
| Proceeds from sale / maturity of investment securities6 | 152,864 | 133,137 | 199,038 |
| Net cash flows used in investing activities | (24,466) | (30,690) | (119,949) |
| Dividends paid to ordinary shareholders | (16,038) | (15,095) | (15,095) |
| Proceeds from borrowed funds | 34,539 | 17,265 | 42,011 |
| Repayment of borrowed funds | (26,067) | (85,011) | (57,137) |
| Interest paid on borrowed funds | (4,819) | (12,101) | (28,403) |
| Principal elements of lease payments | (2,513) | (2,689) | (2,327) |
| Net cash flows used in financing activities | (14,898) | (97,631)7 | (61,553) |
| Net increase in cash and cash equivalents | 33,017 | 67,3698 | 47,130 |
| Cash and cash equivalents at start of year | 273,257 | 193,738 | 147,802 |
| Effect of foreign exchange differences | (3,823) | 12,150 | (1,194) |
| Cash and cash equivalents at end of year | 302,451 | 273,2579 | 193,738 |
| Purchase of investment properties10 | Not reported in this filing11 | Not reported in this filing1112 | (37) |
| Acquisition of subsidiary, net of cash acquired13 | Not reported in this filing14 | Not reported in this filing1412 | 919 |
Notes and alternative reported figures (14)
- Annual report dated 2025-03-26 prints 185,834 (millions, p139) for this line and year.
- “Payment of defined benefits obligation” is an issuer-specific line, not mapped to a shared definition: Note 30; operating activities.
- Not reported in this filing: The 2024 cash-flow statement (p139) prints no defined-benefit payments line.
- Annual report dated 2025-03-26 prints 169,963 (millions, p139) for this line and year.
- “Purchase of investment securities” is an issuer-specific line, not mapped to a shared definition: Note 23.
- “Proceeds from sale / maturity of investment securities” is an issuer-specific line, not mapped to a shared definition: Note 23.
- Annual report dated 2025-03-26 prints (98,360) (millions, p139) for this line and year.
- Annual report dated 2025-03-26 prints 40,913 (millions, p139) for this line and year.
- Annual report dated 2025-03-26 prints 246,801 (millions, p139) for this line and year.
- “Purchase of investment properties” is an issuer-specific line, not mapped to a shared definition: Note 16(d).
- Not reported in this filing: The 2025 cash-flow statement (p149) prints no 'Purchase of investment properties' line for either year.
- Annual report dated 2025-03-26 presents this line for this year: - (p139). Not shown in this column, which follows one filing's presentation.
- “Acquisition of subsidiary, net of cash acquired” is an issuer-specific line, not mapped to a shared definition: Investing activities.
- Not reported in this filing: The 2025 cash-flow statement (p149) prints no 'Acquisition of subsidiary, net of cash acquired' line for either year.
Segments
Segment data not yet collected for this company in the pilot.
Dividends
Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.
| Year ended | Event | Wording as printed | Amount | Unit | Source |
|---|---|---|---|---|---|
| 31 Dec 2025 | Dividend recommended, subject to shareholder approval | The Directors recommend a final dividend of Shs 5.75 per share |
no amount | Annual report, p247 | |
| 31 Dec 2025 | Dividend proposed per share, as printed in a statement | Final dividend recommended for the year, per share |
5.75 | KES per share | Annual report, p247 |
| 31 Dec 2025 | Dividends paid (cash flow statement) | Dividends paid to ordinary shareholders |
(16,038) | KES millions | Annual report, p149 |
| 31 Dec 2024 | Dividend recommended, subject to shareholder approval | The directors recommend payment of a final dividend of Shs 4.25 per share |
no amount | Annual report, p122 | |
| 31 Dec 2024 | Dividend proposed per share, as printed in a statement | Final dividend recommended for the year, per share |
4.25 | KES per share | Annual report, p247 |
| 31 Dec 2024 | Dividend proposed per share, as printed in a statement | Final dividend recommended for the year, per share |
4.25 | KES per share | Annual report, p122 |
| 31 Dec 2024 | Dividends paid (cash flow statement) | Dividends paid to ordinary shareholders |
(15,095) | KES millions | Annual report, p149 |
| 31 Dec 2023 | Dividend proposed per share, as printed in a statement | Final dividend recommended for the year, per share |
4 | KES per share | Annual report, p122 |
| 31 Dec 2023 | Dividends paid (cash flow statement) | Dividends paid to ordinary shareholders |
(15,095) | KES millions | Annual report, p139 |
Sources
Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.
-
Equity Group Holdings PLC 2025 Integrated Report and Financial Statements
Year ended 31 December 2025 · Annual report · signed / final
Audit: PricewaterhouseCoopers LLP (Kenya), unmodified opinion · signed
Auditor's sign-off: PricewaterhouseCoopers LLP; engagement partner CPA Bernice Kimacia (Practicing Certificate 1457)
- Original PDF — Company website (equitygroupholdings.com) Link check 2026-10-07: not confirmed — the site did not return the archived file.
Final status: Auditor's report names the engagement partner and is dated 17 March 2026 (p140); statements approved by the board on 17 March 2026 (p144); the auditor's and directors' signatures are printed in this copy (page images checked in the rc2 verification). An 'Annual Report and Financial Statements' PDF for the same year is also on the issuer's site (…/2026/05/…Annual-Report-and-Financial-Statements-for-the-Year-Ended-31st-December-2025.pdf); not used.
- Document date
- 17 Mar 2026
- Auditor's report
- 17 Mar 2026
- Board approval
- 17 Mar 2026
- Retrieved by us
- 6 Oct 2026 (not a publication date)
- Used for
- statement columns FY2025, FY2024
- Basis
- consolidated statements · KES millions (printed “Shs' millions”)
- The 2024 cash-flow column is headed '*Restated': cash reserve ratio balances are now included in cash and cash equivalents (note 21(a)). The statement of financial position and profit or loss are not restated.
Technical details
- File
- 298 pages, with a text layer
- SHA-256
d2981830a989b9fa89f4ae31a12cd199c110dce9c6d5c529c7388493d6e75759- Entity as printed
- Equity Group Holdings PLC and its subsidiaries (the Group)
- Issuer copy
- retrieved 2026-10-06T23:24:59Z
-
Equity Group Holdings PLC 2024 Integrated Report and Financial Statements
Year ended 31 December 2024 · Annual report · signed / final
Audit: PricewaterhouseCoopers LLP (Kenya), unmodified opinion · signed
Auditor's sign-off: PricewaterhouseCoopers LLP; engagement partner CPA Bernice Kimacia (Practicing Certificate 1457)
- Original PDF — Company website (equitygroupholdings.com) Link checked 2026-10-07: same file as our archived copy.
Final status: Auditor's report names the engagement partner and is dated 26 March 2025 (p131); statements approved by the board on 26 March 2025 (p135).
- Document date
- 26 Mar 2025
- Auditor's report
- 26 Mar 2025
- Board approval
- 26 Mar 2025
- Retrieved by us
- 6 Oct 2026 (not a publication date)
- Used for
- statement columns FY2023
- Basis
- consolidated statements · KES millions (printed “Shs' millions”)
- Note 34 (p250) prints the share count comparative as '(2022: 3,774)' in a 2024/2023 table; the table columns show 3,774 for both years. The note's narrative also states profit attributable to ordinary shareholders of Shs 46,563 million (2022: Shs 41,977 million), while its table and the statement of profit or loss (p132) print 46,549 for 2024; the statement figure is recorded.
- The 2025 report re-presents several 2024 figures: proposed dividends shown apart from retained earnings, interest paid on leases moved from financing to operating activities, the cash flow restated for the cash reserve ratio, and total comprehensive income attributable to owners 41,343 (this report: 41,615).
Technical details
- File
- 295 pages, with a text layer
- SHA-256
fa611b5d3701b9df6bd59cfeb9843c8c1e7473e5d202bb9cd0f57c8b2b5b0e6f- Entity as printed
- Equity Group Holdings PLC and its subsidiaries (the Group)
- Issuer copy
- retrieved 2026-10-06T22:58:44Z
Data notes
No figure-level notes beyond those in the tables.
Review status: every figure has been checked against its cited source page in an AI-assisted source verification (7 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.
Download
Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.