Cash flow Equity Group Holdings Plc

Equities

EQTY

KE0000000554

Banks

End-of-day quote Nairobi S.E. Other stock markets 2026-01-13			5-day change	1st Jan Change
69.25 ^KES	-0.36%		0.00%	+3.75%

Nov. 27	Equity Group Holdings Plc, Q3 2025 Earnings Call, Nov 11, 2025
25-10-28	Equity Group Holdings Plc Reports Earnings Results for the Nine Months Ended September 30, 2025	CI

b4b0d2a50735709371cbba158fe2f22.PhmnIJXWLCKjuCMnhQlUOl13P00V60ZhIqcIsd4LfzU.UWrNbKOzYBCT2kJCqEwVSxMxbQNtnX85SJRi9edBT3oMa9dkz5xYZvD_Gw

Published financial data: EQUITY GROUP HOLDINGS PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Interest Income On Loans	80.39B	102B	129B	164B	185B
Interest Income, Total	80.39B	102B	129B	164B	185B
Interest On Deposits	18.62B	25.53B	33.64B	51.19B	61.58B
Interest Expense, Total	18.62B	25.53B	33.64B	51.19B	61.58B
Net Interest Income	61.77B	76.53B	94.89B	113B	124B
Income From Trading Activities	-	-	-	-	-
Gain (Loss) on Sale of Loans	-3.24B	-128M	-385M	-783M	2.44B
Gain (Loss) on Sale of Assets	7M	-	25M	18M	434M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	3.06B	2.95B	1.52B	1.04B	443M
Total Other Non Interest Income	22.11B	25.43B	38.59B	54.12B	57.14B
Non Interest Income, Total	21.93B	28.25B	39.76B	54.39B	60.46B
Revenues Before Provison For Loan Losses	83.7B	105B	135B	167B	184B
Provision For Loan Losses	22.63B	4.78B	13.35B	32.95B	23.26B
Total Revenues	61.08B	100B	121B	134B	161B
Salaries And Other Employee Benefits	15.54B	19.11B	24.78B	32.01B	33.36B
Occupancy Expense	6.6B	7.23B	7.37B	7.32B	8.15B
Selling General & Admin Expenses, Total	1.27B	1.27B	2.8B	43.25B	52.93B
Total Other Non Interest Expense	16.67B	20.51B	26.51B	-	5.78B
Non Interest Expense, Total	40.08B	48.12B	61.45B	82.58B	100B
EBT, Excl. Unusual Items	20.99B	51.88B	59.84B	51.88B	60.74B
Other Unusual Items	1.18B	-	-	-	-
EBT, Incl. Unusual Items	22.17B	51.88B	59.84B	51.88B	60.74B
Income Tax Expense	2.07B	11.81B	13.74B	8.14B	11.92B
Earnings From Continuing Operations	20.1B	40.07B	46.1B	43.74B	48.82B
Net Income to Company	20.1B	40.07B	46.1B	43.74B	48.82B
Minority Interest	-310M	-897M	-1.21B	-1.76B	-2.28B
Net Income - (IS)	19.79B	39.18B	44.89B	41.98B	46.55B
Net Income to Common Incl Extra Items	19.79B	39.18B	44.89B	41.98B	46.55B
Net Income to Common Excl. Extra Items	19.79B	39.18B	44.89B	41.98B	46.55B
Per Share Items
Net EPS - Basic	5.24	10.38	11.9	11.12	12.33
Basic EPS - Continuing Operations	5.24	10.38	11.9	11.12	12.33
Basic Weighted Average Shares Outstanding	3.77B	3.77B	3.77B	3.77B	3.77B
Net EPS - Diluted	5.24	10.38	11.9	11.12	12.33
Diluted EPS - Continuing Operations	5.24	10.38	11.9	11.12	12.33
Diluted Weighted Average Shares Outstanding	3.77B	3.77B	3.77B	3.77B	3.77B
Normalized Basic EPS	3.39	8.35	9.59	8.13	9.46
Normalized Diluted EPS	3.39	8.35	9.59	8.13	9.46
Dividend Per Share	-	3	4	4	4.25
Payout Ratio	-	-	25.22	35.96	32.43
Supplemental Items
Effective Tax Rate - (Ratio)	9.34	22.76	22.96	15.69	19.62
Total Current Taxes	9.82B	11.49B	12.09B	14.8B	11.4B
Total Deferred Taxes	-7.76B	322M	1.65B	-6.65B	513M
Normalized Net Income	12.81B	31.53B	36.19B	30.66B	35.69B
Non-Cash Pension Expense	122M	148M	151M	262M	216M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	227B	190B	148B	194B	247B
Investment Securities, Total	217B	391B	389B	488B	486B
Trading Asset Securities, Total	922M	3.56B	6.33B	12.67B	26.09B
Total investments	218B	394B	395B	501B	512B
Gross Loans	530B	639B	762B	963B	897B
Allowance For Loan Losses	-48B	-46.44B	-50.19B	-70.07B	-74.79B
Other Adjustments to Gross Loans	-4.24B	-4.37B	-4.75B	-5.54B	-3.1B
Net Loans	478B	588B	707B	887B	819B
Gross Property Plant And Equipment	58.01B	62.46B	67.56B	77.61B	83.29B
Accumulated Depreciation	-36.02B	-39.17B	-40.48B	-43.02B	-50.12B
Net Property Plant And Equipment	21.99B	23.29B	27.07B	34.58B	33.17B
Goodwill	1.97B	2.06B	2.21B	3.17B	3.05B
Other Intangibles, Total	9.62B	10.74B	12.53B	16B	15.6B
Investment in Real Estate	5.58B	5.58B	6.12B	7.5B	6.09B
Accrued Interest Receivable	-	-	-	-	-
Other Receivables	4.37B	3.62B	6.69B	8.49B	10.84B
Restricted Cash	20.18B	52.42B	84.57B	95.52B	97.81B
Other Current Assets, Total	15.57B	19.71B	29.85B	30.97B	22.73B
Deferred Tax Assets Long-Term (Collected)	13.21B	14.94B	27.24B	41.83B	35.5B
Other Long-Term Assets, Total	-	-	1.48B	1.62B	1.66B
Total Assets	1,015B	1,305B	1,447B	1,821B	1,805B
Liabilities
Accounts Payable, Total	7.77B	14.81B	9.9B	15B	8.71B
Accrued Expenses, Total	6.26B	5.52B	6.44B	8.09B	8.05B
Interest Bearing Deposits	337B	346B	432B	616B	566B
Non-Interest Bearing Deposits	404B	613B	620B	743B	836B
Total Deposits	741B	959B	1,052B	1,358B	1,401B
Short-Term Borrowings	10.69B	4.74B	3B	27.34B	6.71B
Current Portion of Long-Term Debt	13.09B	14.62B	18.56B	1.26B	1.82B
Current Portion of Leases	1.99B	3.02B	2.34B	1.97B	3.21B
Long-Term Debt	73.37B	109B	136B	122B	64B
Long-Term Leases	4.7B	5.88B	6.78B	7.62B	7.92B
Current Income Taxes Payable	1.64B	925M	1.83B	5.04B	619M
Other Current Liabilities - (Bank / Utility Template)	8.78B	3.04B	17.79B	24.48B	41.7B
Unearned Revenue Non Current	3.62B	5.97B	6.5B	10.29B	8.18B
Pension & Other Post Retirement Benefits	2.4B	1.27B	1.86B	2.26B	2.16B
Deferred Tax Liability Non-Current	1.34B	971M	1.64B	2.83B	3.3B
Other Non Current Liabilities	-	-	-	16.9B	-
Total Liabilities	876B	1,129B	1,265B	1,603B	1,558B
Common Stock, Total	1.89B	1.89B	1.89B	1.89B	1.89B
Additional Paid In Capital	15.32B	15.32B	15.32B	15.32B	15.32B
Retained Earnings	119B	158B	191B	218B	249B
Comprehensive Income and Other	-4.38B	-6.32B	-32.17B	-27.46B	-32.66B
Total Common Equity	132B	169B	176B	208B	234B
Minority Interest	6.46B	7.02B	6.02B	10.34B	12.83B
Total Equity	139B	176B	182B	218B	247B
Total Liabilities And Equity	1,015B	1,305B	1,447B	1,821B	1,805B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	3.77B	3.77B	3.77B	3.77B	3.77B
ECS Total Common Shares Outstanding	3.77B	3.77B	3.77B	3.77B	3.77B
Book Value / Share	35.03	44.83	46.69	55.06	62.02
Tangible Book Value	121B	156B	161B	189B	215B
Tangible Book Value Per Share	31.95	41.44	42.78	49.98	57.08
Total Debt	104B	137B	167B	160B	83.66B
Deposits at Interest - Cash	118B	70.04B	50.43B	26.61B	120B
Debt Equivalent of Unfunded Proj. Benefit Obligation	2.4B	1.27B	1.86B	2.26B	2.16B
Net Debt	-124B	-56.68B	12.54B	-46.22B	-189B
Full Time Employees	7.12K	7.69K	13.06K	13.1K	13.08K
Number Of Offices	-	-	358	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	19.79B	39.18B	44.89B	41.98B	46.55B
Depreciation, Depletion & Amortization	5.26B	5.24B	5.29B	5.51B	5.97B
Amortization of Goodwill and Intangible Assets - (CF)	-	577M	568M	737M	276M
Total Depreciation, Depletion & Amortization	5.26B	5.82B	5.86B	6.25B	6.25B
Amortization of Deferred Charges, Total	1.34B	1.41B	1.51B	1.07B	1.9B
(Gain) Loss On Sale of Asset - (CF)	9M	253M	82M	-41M	-434M
(Gain) Loss on Sale of Investments - (CF)	182M	130M	-150M	999M	150M
Total Asset Writedown	5M	71M	69M	791M	-2.06B
Provision for Credit Losses	26.26B	5.85B	14.91B	35.35B	27.01B
Change in Trading Asset Securities	-	-2.38B	-2.41B	-2.75B	-8.17B
Change in Other Net Operating Assets (Collected)	-94.44B	-150B	-168B	-197B	42.2B
Other Operating Activities	-2.78B	6.05B	8.04B	36.31B	13.41B
Cash from Operations	-44.38B	-93.15B	-95.08B	-77.43B	127B
Capital Expenditure	-2.24B	-1.77B	-5.7B	-7.25B	-5.83B
Sale of Property, Plant, and Equipment	57M	7M	48M	16M	3.14B
Cash Acquisitions	66.93B	-	-	919M	-
Purchase / Sale of Intangible Assets	-1.75B	-3.27B	-3.81B	-3.81B	-1.59B
Sale (Purchase) of Real Estate Properties (Collected)	-	-39M	-210M	-37M	-
Investment in Marketable and Equity Securities, Total	-39.99B	-184B	-36.59B	-110B	-26.41B
Deferred Charges	-	-	-	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	23B	-189B	-46.27B	-120B	-30.69B
Long-Term Debt Issued, Total	65.16B	94.85B	68.62B	42.01B	17.26B
Total Debt Issued	65.16B	94.85B	68.62B	42.01B	17.26B
Long-Term Debt Repaid, Total	-27.42B	-62.31B	-43.84B	-59.46B	-87.7B
Total Debt Repaid	-27.42B	-62.31B	-43.84B	-59.46B	-87.7B
Issuance of Common Stock	-	-	-	-	-
Common Dividends Paid	-	-	-11.32B	-15.1B	-15.1B
Common & Preferred Stock Dividends Paid	-	-	-11.32B	-15.1B	-15.1B
Net Increase (Decrease) in Deposit Accounts - (CF)	145B	218B	93.18B	306B	43.16B
Other Financing Activities, Total	-5.59B	-4.73B	-7.85B	-29B	-12.83B
Cash from Financing	178B	246B	98.79B	245B	-55.2B
Foreign Exchange Rate Adjustments	-	-	-	-1.19B	12.15B
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	156B	-36.55B	-42.56B	45.94B	53.06B
Supplemental Items
Cash Interest Paid	4.86B	4.73B	7.85B	29B	12.83B
Cash Income Tax Paid (Refund)	10.39B	12.2B	12.69B	9.63B	15.87B
Net Debt Issued / Repaid	37.74B	32.54B	24.78B	-17.45B	-70.44B

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	2.38	3.45	3.35	2.68	2.69
Return On Equity %	16.05	25.46	25.73	21.85	21
Return on Common Equity	16.3	26	26	21.86	21.07
Shareholders Value Added	5.22B	21.67B	24.74B	19.67B	20.31B
Margin Analysis
SG&A Margin	38.34	27.61	28.81	61.42	58.67
Net Interest Income / Total Revenues %	101.14	76.53	78.23	84.06	76.89
EBT Excl. Non-Recurring Items Margin %	34.37	51.88	49.34	38.58	37.73
Income From Continuing Operations Margin %	32.91	40.07	38.01	32.53	30.33
Net Income Margin %	32.4	39.18	37.01	31.22	28.92
Net Avail. For Common Margin %	32.4	39.18	37.01	31.22	28.92
Normalized Net Income Margin	20.97	31.53	29.84	22.81	22.17
Asset quality
Nonperforming Loans / Total Loans %	11.03	8.13	7.7	11.12	12.23
Nonperforming Loans / Total Assets %	5.76	3.98	4.05	5.88	6.08
Nonperforming Assets / Total Assets %	5.76	3.98	4.05	5.88	6.08
NPAs / Loans and OREO	11.03	8.13	7.7	11.12	12.23
NPAs / Equity	42.17	29.46	32.2	49.11	44.45
Allowance for Credit Losses / Net Charge-offs %	13.79K	731.6	530.44	546	418.14
Allowance for Credit Losses / Nonperforming Loans %	82.12	89.48	85.55	65.42	68.16
Allowance for Credit Losses / Total Loans %	9.06	7.27	6.59	7.28	8.34
Provision for Loan Losses / Net Charge-offs %	6.5K	75.35	141.11	256.77	130.05
Capital And Funding
Total Average Common Equity / Total Average Assets %	14.38	12.99	12.55	11.75	12.18
Total Average Equity / Total Average Assets %	14.83	13.57	13.02	12.25	12.82
Total Equity + Allowance for Loan Losses / Total Loans %	33.99	33.76	29.73	28.85	34.42
Gross Loans / Total Deposits %	71.56	66.59	72.38	70.9	64.02
Net Loans / Total Deposits %	64.5	61.29	67.16	65.33	58.46
Tier 1 Capital Ratio %	14.8	12.9	18	14.3	17.3
Total Capital Ratio %	19	17.7	22.5	18.1	19
Tier 2 Capital Ratio	-	-	-	-	-
Coverage Ratio	82.12	89.48	85.55	65.42	68.16
Interbank Ratio	-	-	-	64.88	64.3
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	2.19	3.03	2.78	2.01	1.99
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	22.12	23.9	23.99	19.11	9.51
Non Interest Income, 1 Yr. Growth %	11.61	28.81	40.73	37.81	11.16
Provision For Loan Losses, 1 Yr. Growth %	554.31	-78.86	179.16	146.81	-29.41
Total Revenues, 1 Yr. Growth %	-8.53	63.73	21.3	11.11	19.72
Earnings From Cont. Operations, 1 Yr. Growth %	-10.91	99.36	15.05	-5.13	11.63
Net Income, 1 Yr. Growth %	-11.6	97.95	14.6	-6.5	10.89
Normalized Net Income, 1 Yr. Growth %	-34.3	146.11	14.8	-15.28	16.38
Diluted EPS Before Extra, 1 Yr. Growth %	-11.6	97.95	14.6	-6.5	10.89
Dividend Per Share, 1 Yr. Growth %	-	-	33.33	0	6.25
Gross Loans, 1 Yr. Growth %	35.86	20.47	19.25	26.45	-6.84
Allowance For Loan Losses, 1 Yr. Growth %	111.15	-3.25	8.07	39.62	6.73
Net Loans, 1 Yr. Growth %	30.4	23	20.21	25.59	-7.68
Non Performing Loans, 1 Yr. Growth %	68.43	-11.21	13.02	82.59	2.44
Non Performing Assets, 1 Yr. Growth %	68.43	-11.21	13.02	82.59	2.44
Total Assets, 1 Yr. Growth %	50.68	28.55	10.89	25.88	-0.92
Total Deposits, 1 Yr Growth %	53.45	29.45	9.72	29.09	3.18
Tangible Book Value, 1 Yr. Growth %	20.14	29.67	3.25	16.83	14.19
Common Equity, 1 Yr. Growth %	19.38	27.99	4.15	17.93	12.63
Total Equity, 1 Yr. Growth %	24.03	27.08	3.42	19.72	13.17
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	22.12	23.01	23.94	21.52	14.21
Non Interest Income, 2 Yr. CAGR %	-0.36	19.9	34.63	38.75	23.77
Provision For Loan Losses, 2 Yr. CAGR %	177.6	17.61	-23.18	162.48	31.99
Total Revenues, 2 Yr. CAGR %	0.41	22.38	40.92	15.96	15.34
Earnings From Cont. Operations, 2 Yr. CAGR %	0.69	33.27	51.45	4.47	2.91
Net Income, 2 Yr. CAGR %	0.25	32.29	50.62	3.51	1.83
Normalized Net Income, 2 Yr. CAGR %	-14.82	27.16	68.09	-1.38	-0.7
Diluted EPS Before Extra, 2 Yr. CAGR %	0.25	32.29	50.62	3.51	1.83
Dividend Per Share, 2 Yr. CAGR %	-	9.54	-	15.47	3.08
Gross Loans, 2 Yr. CAGR %	29.37	27.93	19.86	22.8	8.54
Allowance For Loan Losses, 2 Yr. CAGR %	56.97	42.92	2.25	22.83	22.07
Net Loans, 2 Yr. CAGR %	26.79	26.65	21.6	22.87	7.68
Non Performing Loans, 2 Yr. CAGR %	59.86	22.29	0.18	43.66	36.77
Non Performing Assets, 2 Yr. CAGR %	59.86	22.29	0.18	43.66	36.77
Total Assets, 2 Yr. CAGR %	33.05	39.18	19.39	18.15	11.68
Total Deposits, 2 Yr CAGR %	32.37	40.94	19.18	19.01	15.41
Tangible Book Value, 2 Yr. CAGR %	20.09	24.81	15.71	9.83	15.5
Common Equity, 2 Yr. CAGR %	18.53	23.61	15.46	10.83	15.25
Total Equity, 2 Yr. CAGR %	20.83	25.55	14.64	11.27	16.4
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	18.03	22.71	23.33	22.31	17.38
Non Interest Income, 3 Yr. CAGR %	-2.88	8.54	26.47	35.36	28.87
Provision For Loan Losses, 3 Yr. CAGR %	102.72	17.67	56.88	13.35	69.42
Total Revenues, 3 Yr. CAGR %	1.28	18.18	22.02	30.09	17.2
Earnings From Cont. Operations, 3 Yr. CAGR %	2.04	26.44	26.9	29.58	6.81
Net Income, 3 Yr. CAGR %	1.6	25.77	26.11	28.49	5.92
Normalized Net Income, 3 Yr. CAGR %	-8.55	21.32	22.9	33.77	4.22
Diluted EPS Before Extra, 3 Yr. CAGR %	1.6	25.77	26.11	28.48	5.91
Dividend Per Share, 3 Yr. CAGR %	-	14.47	16.96	-	12.31
Gross Loans, 3 Yr. CAGR %	22.76	26.33	24.97	22.02	12
Allowance For Loan Losses, 3 Yr. CAGR %	86.09	33.58	30.21	13.44	17.21
Net Loans, 3 Yr. CAGR %	19.63	25.52	24.47	22.92	11.7
Non Performing Loans, 3 Yr. CAGR %	55.85	31.4	19.12	22.37	28.34
Non Performing Assets, 3 Yr. CAGR %	55.85	31.4	19.12	22.37	28.34
Total Assets, 3 Yr. CAGR %	24.62	31.54	29.02	21.52	11.41
Total Deposits, 3 Yr CAGR %	25.68	31.39	29.65	22.39	13.48
Tangible Book Value, 3 Yr. CAGR %	13.58	23.21	17.17	16.08	11.27
Common Equity, 3 Yr. CAGR %	12.68	21.6	16.75	16.28	11.43
Total Equity, 3 Yr. CAGR %	14.18	22.88	17.69	16.31	11.9
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	12.74	11.24	20.36	22.23	19.6
Non Interest Income, 5 Yr. CAGR %	-0.18	11.53	10.68	19.74	25.2
Provision For Loan Losses, 5 Yr. CAGR %	56.2	-4.75	37.51	62.19	46.41
Total Revenues, 5 Yr. CAGR %	2.64	12.62	15.59	17.29	19.24
Earnings From Cont. Operations, 5 Yr. CAGR %	3.01	19.27	19.5	17.15	16.7
Net Income, 5 Yr. CAGR %	2.72	18.81	18.93	16.35	15.77
Normalized Net Income, 5 Yr. CAGR %	-3.04	15.23	16.66	11.67	12.85
Diluted EPS Before Extra, 5 Yr. CAGR %	2.43	18.81	18.93	16.34	15.77
Dividend Per Share, 5 Yr. CAGR %	-	8.45	14.87	14.87	11.2
Gross Loans, 5 Yr. CAGR %	13.81	18.42	21.59	24.91	18.12
Allowance For Loan Losses, 5 Yr. CAGR %	43.88	41.71	46.45	29.18	26.89
Net Loans, 5 Yr. CAGR %	12.1	17.18	20.42	24.45	17.46
Non Performing Loans, 5 Yr. CAGR %	44.42	25.43	30.6	36.17	25.89
Non Performing Assets, 5 Yr. CAGR %	44.42	25.43	30.6	36.17	25.89
Total Assets, 5 Yr. CAGR %	18.85	22.47	22.5	26.01	21.78
Total Deposits, 5 Yr CAGR %	19.56	23.25	23.04	26.29	23.76
Tangible Book Value, 5 Yr. CAGR %	13.58	16.85	14.43	17.67	16.5
Common Equity, 5 Yr. CAGR %	13.08	15.79	13.78	17.17	16.15
Total Equity, 5 Yr. CAGR %	13.96	16.54	14.36	18.1	17.17