The Online Kenyan

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Originally published by The Standard Business

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March 24, 2026

2h ago

How Equity Bank became region's most profitable company

How Equity Bank became region's most profitable company

According to Mwangi, Equity is becoming bigger than just a bank due to its technology subsidiary. Perhaps this is where the bank is eating Safaricom’s lunch...

✨ Key Highlights

Equity Group Holdings has announced a record profit of Sh75.5 billion for the 2025 financial year, making it the region's most profitable company.

The company's profit reached Sh75.5 billion for the 2025 financial year.
The key figure involved is Equity Group Holdings Chief Executive James Mwangi.
The lender is now reporting its balance sheet in US dollars (USD) due to significant growth.

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