HF Group has announced a remarkable turnaround in its half-year 2025 performance, posting a Profit Before Tax (PBT) of KShs 703 million, a 148% year-on-year growth compared to KShs 283 million in HY 2024. This performance underlines the success of the Group’s ongoing transformation strategy, built on diversification and a focus on sustainable value creation.
The numbers tell a powerful story:
- Net interest income grew by 53% to KShs 2.04 billion, driven by expanding interest-earning assets and prudent cost of funds management.
- Non-funded income rose 18% to KShs 844 million, supported by increased fees from the custody business and property subsidiary project management fees.
- Customer deposits climbed 15% to KShs 52.5 billion, reflecting improved market confidence.
- Balance sheet growth stood at 21%, reaching KShs 76.9 billion, while interest-earning assets expanded by 25% (an equivalent of KShs 12.7 billion).
- Liquidity remained robust at 51.4%, more than twice the regulatory minimum, while the core capital to risk-weighted assets ratio closed at 21.3%, far above the required 10.5%.
Also read I&M Group Posts 36% Half-Year Profit Growth as Efficiency, Subsidiaries Drive Momentum
Such performance reinforces HF Group’s ability to navigate a challenging operating environment while maintaining solid fundamentals.
According to Group CEO Robert Kibaara, the results validate HF Group’s transformation agenda:
“Our strong performance is a clear demonstration of the success of our transformation and diversification strategy, which continues to drive growth across our subsidiaries. We remain focused on building a strong and resilient Group that delivers sustainable value to stakeholders.”
The Group’s expansion beyond its traditional mortgage heritage into banking, property, insurance, and custody services is paying dividends. Non-interest revenue streams are becoming increasingly important, giving the Group more resilience and adaptability.
One of the most notable milestones was the upgrade of the Group’s banking subsidiary to a Tier Two bank, cementing its growing market share and strengthened capital base. This recognition not only highlights HF’s stronger financial footing but also signals the success of its shift into full-service banking.
This elevation is a testament to market confidence, capital adequacy, and HF’s ability to compete effectively in an evolving financial sector.
HF Group’s trajectory has not gone unnoticed on the global stage. In February 2025, the Group was added to the MSCI Frontier Markets Small Cap Index, a benchmark closely tracked by international investors. This inclusion reinforces the company’s credibility and signals to investors that HF is a serious contender among frontier market financial institutions.
Looking Ahead
HF Group’s HY 2025 results illustrate how a well-executed strategy can reshape an institution. From strong earnings growth to a fortified balance sheet, the Group has demonstrated that diversification, disciplined capital management, and innovation in new business lines can future-proof a financial institution.
If its current trajectory is anything to go by, the Group is well positioned to deliver long-term value for both customers and shareholders.
#HF Group #Half-Year
CEO & Co-Founder, Abojani Investment
Robert Ochieng is a visionary entrepreneur and the co-founder of Abojani Investment, a leading financial education platform in Kenya that has empowered over 20,000 Africans to embark on their investment journeys. As CEO, he has demonstrated an unwavering commitment to financial literacy, successfully demystifying money and investments and making them accessible and relevant to individuals from all walks of life.
Running Thriving Investment Communities
Robert’s influence extends well beyond Abojani Investment’s core offerings. He has actively fostered a sense of community by running investment forums and groups with a vast following of over 300,000 Africans. These communities provide a safe space for individuals to exchange ideas, share experiences, and support each other on their investment journeys.
Vision for the Future
As co-founder of Abojani Investment, Robert envisions a financially empowered Africa. He strives to expand the reach of his financial education initiatives, enabling millions more to gain the knowledge and confidence needed to achieve their financial goals. His vision is to create a society where every individual has the tools and understanding to build lasting wealth and prosperity.
Professional Background
Robert Ochieng is a highly accomplished CEO at the helm of Abojani Investment, an investment and advisory firm in Kenya. He is a seasoned professional with over 14 years of experience in IT, Finance, and leadership.
His career includes key roles at prominent institutions such as Equity Bank, Gulf African Bank, Guaranty Trust Bank (GTBank) and Airtel.
Robert’s expertise has also been sought after by the National Treasury for consultancy on planning and budgeting systems, showcasing his exceptional knowledge and skills in the field. Passionate about driving meaningful conversations and collaborations between academia, industry, and the public sector, Robert actively engages in research projects focusing on digital transformation within the financial services sector. With his visionary leadership and strategic insights, Robert Ochieng continues to make a significant impact in the business world.
