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Originally published by The Kenyan Wall Street
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business
August 26, 2025
1y ago

HF Group’s Profit Jumps 134% in H1 2025, Bank Unit Upgraded to Tier II

HF Group’s Profit Jumps 134% in H1 2025, Bank Unit Upgraded to Tier II

HF Group's profit more than doubles in H1 2025 as Tier II bank upgrade boosts capital base, deposits and balance sheet growth...

✨ Key Highlights

HF Group PLC has reported a significant financial uplift in the first half of 2025, with profit after tax soaring by 134% to KSh 624.3 million. This strong performance, benefiting from rising interest income and lower funding costs, coincides with its banking subsidiary's upgrade to a Tier II bank, reflecting enhanced market position and capital base.

  • HF Group's profit after tax for H1 2025 increased by 134% to KSh 624.3 million.
  • The Group's banking subsidiary has been upgraded to a Tier II bank, with total capital rising from KSh 1.789 billion in June 2024 to KSh 8.936 billion in June 2025.
  • HF Group CEO Robert Kibaara attributed the strong results to the success of their transformation and diversification strategy, evidenced by a 53% rise in net interest income to KSh 2.04 billion.

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Part of the Day's Coverage

Old Mutual, Kenya Airways, and HF Group Report Mixed H1 2025 Financial Results - August 2025

Companies reported varied financial performances for the first half of 2025. Old Mutual Holdings PLC reported a sharp profit plunge of 98-99% to KShs 5 million for the half year ended June 30, 2025, citing lower interest rates and weakened insurance service results. Similarly, Kenya Airways reported a significant loss of Sh12 billion, a reversal from a Sh513 million profit a year earlier, attributing the downturn to grounded aircraft and reduced passenger traffic. In contrast, HF Group PLC announced a 134% jump in profit after tax to KSh 624.3 million, a performance that contributed to its banking subsidiary's upgrade to a Tier II bank.

Profits Plunge by 98% at Old Mutual on Insurance Pressures
Profits Plunge by 98% at Old Mutual on Insurance Pressures

The Kenyan Wall Street

Old Mutual half-year profit plunges 99pc on lower rates, insurance losses
Old Mutual half-year profit plunges 99pc on lower rates, insurance losses

Capital Business

Kenya Airways Swings to Sh12bn Loss as Dreamliner grounding hits revenue
Kenya Airways Swings to Sh12bn Loss as Dreamliner grounding hits revenue

Capital Business

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