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Tag: Equity Bank Kenya

From L-R: Sally Jepkorir, a Shareholder, Equity Group Chairman, Prof. Isaac Macharia, Equity Group Managing Director and CEO, Dr. James Mwangi and Daniel Kimotho, a Shareholder, during the Full Year 2024 Investor Briefing event. Equity Group Holdings has registered 12% growth in Profit After Tax to USh 1.39 trillion up from USh 1.24 trillion for the period ended 31st December 2024, reinforcing the continued success of the Group’s diversified business model and prudent financial management. The Group’s Profit Before Tax grew by 17% to USh 1.73 trillion, while Earnings Per Share (EPS) rose by 11% to USh 351. Regional operations contributed 49% of total assets and 54% of profit before tax. As a demonstration of commitment to its shareholders, the Group proposed a dividend of USh 121 per share, a payout ratio of 34.5%, reinforcing its track record of delivering value to its shareholders.

Business

Equity Group posts UGX 1.7 trillion pre-tax profit, fueled by strong growth strategy

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