Equity Group lifts first-half profit 32 percent: what it means for Equity Group stock

Published on 10/01/2026 at 18:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Total income rose 25.00 percent in the first half of 2026. For Equity Group stock this means regional units produced 47.00 percent of profit before tax.

EQTY, KE0000000554, Illustration mit AI erstellt.

Equity Group increased first-half 2026 profit after tax by 32.00 percent to KES 45.5 billion from KES 34.6 billion a year earlier, according to Fatumas Voice. The six-month result gives Equity Group Holdings Plc a clear earnings anchor as its regional banking operations become a larger part of the group.

Profit growth outpaces income

Profit before tax rose 39.00 percent to KES 57.8 billion in the six months ended June 2026, while total income increased 25.00 percent to KES 124.9 billion. The faster profit growth indicates that earnings expanded more quickly than the income base during the reporting period.

Net interest income grew 17.00 percent to KES 69.3 billion, but non-funded income advanced 36.00 percent to KES 55.6 billion. That mix matters because fees, commissions and trade-finance income now represent 44.50 percent of total income, up from 40.80 percent a year earlier, according to Khusoko.

Regional banking carries more weight

Regional subsidiaries generated 47.00 percent of group profit before tax in the first half of 2026, while regional assets grew 36.00 percent year over year to KES 1.25 trillion. Regional loans rose 30.00 percent to KES 533.7 billion, showing that expansion outside Kenya is contributing both scale and earnings.

The balance sheet also expanded on a deposit-led base. Total assets increased 20.00 percent to KES 2.16 trillion, customer deposits rose 21.00 percent to KES 1.59 trillion, and borrowed funds declined 23.00 percent to KES 88.0 billion, according to Fatumas Voice.

NSE valuation sets the market frame

Equity Group stock was last quoted at KES 105.00 on the Nairobi Securities Exchange on September 30, 2026 at 7:45 p.m. EAT. The same market reference showed a 52-week range of KES 58.00 to KES 107.50 and market capitalization of KES 292.0 billion.