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TodayMonday, May 04, 2026

Equity Bank Kenya

From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Chairman, Prof Isaac Macharia, Group Managing Director and CEO, Dr James Mwangi, and Equity Bank Uganda Managing Director, Gift Shoko, during the 2025 Investor Briefing event.
From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Chairman, Prof Isaac Macharia, Group Managing Director and CEO, Dr James Mwangi, and Equity Bank Uganda Managing Director, Gift Shoko, during the 2025 Investor Briefing event.

Equity Group Posts Record 55% Surge in Profit to KSh75.5b: Uganda Bounces Back With 500% Growth in Net Profit – A Defining First Year for MD Gift Shoko

Equity Group Holdings has delivered one of the most remarkable financial performances in East Africa’s banking history, posting a 55% surge in profit after tax to KSh75.5 billion in FY2025, up from
March 18, 2026
From Left to Right: Equity Group Non-Executive Chairman, Prof. Isaac Macharia, Equity Group Managing Director and CEO, Dr. James Mwangi, and Equity Bank Tanzania Managing Director, Isabela Maganga, during the Q3 2025 Investor Briefing event. Equity Group Holdings Plc posted a 32% growth in Profit After Tax to Kshs. 54.1 billion, up from Kshs. 40.9 billion in the same period last year, marking another quarter of strong performance and resilience. The Group maintained solid profitability with Return on Average Equity of 26.4% and Return on Average Assets of 4.1%, supported by a 16% growth in net interest income and continued efficiency improvements that reduced the cost-to-income ratio to 50.6% up from 55.1%. Regional subsidiaries remained key growth drivers, contributing 45% of Profit Before Tax, 50% of deposits, and 53% of the loan book, with DRC, Rwanda, Uganda, and Tanzania recording robust gains in profitability, deposits, and loans. The results reflect Equity’s ongoing transformation into a diversified, technology-driven regional financial powerhouse with an expanding footprint across East and Central Africa.

Equity Group Announces Strong Q3 2025 Results, Recording A 32% Growth In Profit After Tax Reflecting Strategic Transformation

Equity Group Holdings Plc has announced its Q3 2025 results, showcasing a robust performance driven by strategic transformation and resilience. The Group’s Profit After Tax surged 32% to Kshs 54.1 billion up
October 31, 2025
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Retired Justice Dr. Henry Peter Adonyo (left), now mediator in the high-stakes Dei vs Equity Bank dispute and Dr. Mathias Magoola (right), the Dei BioPharma founder at the centre of the case.

Justice Adonyo, Judge Behind Controversial Ham vs. DTB Syndicated Loans Ruling, Now Mediator in Similar Dei vs Equity Bank Row

Retired Justice Dr. Henry Peter Adonyo has been appointed mediator in High Court matter HCT-00-CC-ME-0348-2025, pitting Dei Industries International Ltd against Equity Bank Uganda Ltd. The case, filed in 2024, had been
September 16, 2025
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Dei's Matthias Magoola (left) has hired lawyer, Fred Muwema (centre) to sue Equity Bank, represented by the Managing Director, Anthony Kituuka (right).

EXCLUSIVE: Despite receiving UGX578 bn from the gov’t Dei BioPharma’s Magoola refuses to pay Equity Bank and instead sues the bank

Despite having received UGX578.4 billion (USD million) in capitalisation from the government of Uganda, part of which was to be used to settle his indebtedness with Equity Bank, controversial pharma-entrepreneur, Matthias Magoola
August 7, 2024
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