Equity Group Stellar Profitability
Equity Group has taken the lead as the most profitable company in Eastern and Central Africa, with profit attributable to shareholders rising 55% to KSh 71.96 billion in FY2025. This performance places it ahead of Safaricom Plc and KCB Group, marking a significant shift in regional profit leadership.
At the subsidiary level, Equity Bank Kenya recorded a 63% increase in profit after tax to KSh 39.2 billion, while regional operations delivered 53% growth to KSh 36.3 billion. These subsidiaries now contribute over half of the group’s banking profits, highlighting the growing importance of regional diversification. Dividends rose 35.3% to KSh 21.7 per share.
Also read: A Regional Giant in the Making: Inside Equity Group’s Growth Story
Co-operative Bank FY 2025
Co-operative Bank reported a 16.9% increase in profit after tax to KSh 29.75 billion, supported by a 22% growth in net interest income. Its bancassurance subsidiary also performed strongly, with earnings rising 25% to KSh 1.16 billion.
Standard Chartered Kenya FY 2025
Standard Chartered Bank Kenya posted a 38% decline in profit after tax to KSh 12.4 billion. Despite this, the bank maintained strong shareholder returns, proposing a total dividend of KSh 31.00 per share for the year. Assets under management grew 29% to KSh 302 billion, reflecting continued strength in its wealth business.
Old Mutual FY 2025
Old Mutual Holdings Plc recorded a modest increase in profit after tax to KSh 856 million, driven primarily by double-digit growth in asset management. Assets under management rose 33.6% to KSh 171 billion, although the Board did not recommend a dividend.
Strong Demand in Government Securities
The 15-Year Treasury Bond switch auction (FXD3/2019/015) attracted strong investor interest, with bids totaling KSh 22.21 billion against a KSh 15 billion target. The Central Bank accepted KSh 18.40 billion, with the bond offering a 12.34% coupon rate, signaling sustained demand for fixed income instruments.
NCBA Insurance Reinforces Industry Trust
NCBA Insurance presented a KSh 750,000 cheque to Minet Kenya Insurance Brokers during its inaugural Claims Conference, reinforcing its commitment to improving trust, reliability, and customer experience within the insurance sector.
Coming Up
Dividend Payment: Kenya Power
Kenya Power (KPLC) is scheduled to distribute an interim dividend of KSh 0.30 per share on 27th March 2026, amounting to a total payout of KSh 585.4 million.
More Banking Results Ahead
The market is set for another active week, with HF Group and I&M Group set to release their FY2025 financial results on Wednesday 25th March 2026, and NCBA Group on Thursday 26 March 2026, continuing the earnings season momentum within the banking sector.
Financial Literacy Month: Abojani Masterclass
As part of April’s Financial Literacy Month, the 76th Abojani Personal Finance Masterclass (6th – 24th April 2026) will provide participants with practical insights on managing money, investing, and building long-term financial stability.
