Equity Group net profit rises 32pc to Sh54.1bn in Q3
NAIROBI, Kenya, Oct 30 - Equity Group has posted a 32 percent rise in net profit to Sh54.1 billion in the third quarter (Q3) of 2025, up from Sh40.9 Kenya breaking news | Kenya news today |..
✨ Key Highlights
Equity Group announced a substantial 32 percent increase in its net profit to Sh54.1 billion in Q3 2025, up from Sh40.9 billion in the previous quarter. This growth was primarily fueled by strong performances across its regional subsidiaries.
- The bank's net profit surged to Sh54.1 billion in Q3 2025.
- The significant boost in profitability was driven by contributions from Kenya, Rwanda, Tanzania, and Uganda.
- Equity Group's Managing Director and CEO, Dr. James Mwangi, highlighted that the strategic plan's execution is transforming the Group's balance sheet and performance.
- The non-performing loan (NPL) ratio improved significantly, dropping to 12.1 percent in Q3 2025, from 14 percent in Q1 and 13.4 percent in Q3 2024.
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Microsoft and Equity Group Report Profit Growth; Boeing Faces $5bn Penalty for Delays - October 2025
Microsoft reported strong financial results for its first fiscal quarter of 2026, with significant increases in revenue and net income that exceeded expectations. The growth was largely driven by its cloud and AI initiatives, as highlighted by CEO Satya Nadella. Similarly, Equity Group's net profit rose 32 percent to Sh54.1 billion in the third quarter. In contrast, Boeing is set to face a $5 billion financial blow in penalties due to production delays of its new 777X aircraft. The anticipated delivery for the jet has been pushed back to 2027 because of regulatory hurdles.
