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Originally published by Capital Business
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business
May 19, 2026
3h ago

Equity Group posts Sh19.1bn Q1 profit as regional units, insurance arm drive growth

Equity Group posts Sh19.1bn Q1 profit as regional units, insurance arm drive growth

NAIROBI, Kenya, May 19 - Equity Group Holdings  has reported a 24 per cent year-on-year rise in Profit After Tax to Sh19.1 billion for the first quarter Kenya breaking news | Kenya news today |..

✨ Key Highlights

Equity Group Holdings has reported a significant 24 per cent year-on-year rise in Profit After Tax, reaching Sh19.1 billion for the first quarter ended March 2026. This growth was primarily fueled by strong performance from its regional subsidiaries and insurance arm.

  • The group's Profit After Tax increased to Sh19.1 billion from Sh15.4 billion in the same period last year.
  • Key drivers included stronger earnings from Equity Bank Tanzania (up 150 per cent), Equity Bank Rwanda (up 36 per cent), and Equity Bank DRC (up 32 per cent).
  • The insurance business also saw substantial growth, with gross written premiums increasing by 30 per cent.

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