Kenyan financial institutions reported mixed results for the first quarter of 2025 and full-year 2024. DTB Group's Q1 2025 results showed a 4.1% increase in assets to KES 595.1 billion and a 10% rise in profit after tax (PAT) to KES 3.2 billion, supported by an 8% increase in net interest income to KES 7.7 billion and a 9% growth in deposits to KES 463.6 billion. However, foreign exchange trading income declined by 55.6% to KES 745.9 million. TransCentury Ltd reversed previous losses, posting a full-year 2024 profit after tax of KES 580 million compared to a loss of KES 3.2 billion the prior year. The company reported a 2% increase in revenue to KES 6.7 billion and a 27% increase in gross profit to KES 2.3 billion, aided by a KES 1.2 billion foreign exchange gain. Equity Group's Q1 2025 performance showed a 4% decline in PAT to KES 15.4 billion from KES 15.4 billion the previous year, attributed to inflation and currency depreciation in South Sudan. Deposits grew 7% to KES 1.32 trillion, and net loans increased 3% to KES 804.7 billion. Net interest income rose 3% to KES 28.6 billion, while non-funded income fell 12% to KES 19.6 billion. Provisions decreased by 44% to KES 3.4 billion, and profit before tax declined by 8% to KES 18.7 billion. Equity Group's insurance segment posted a 27% increase in profit before tax to KES 414 million, with insurance revenue up 43% to KES 729 million. The bank issued dismissal notices to 1,200 employees in late May 2025, marking one of the largest recent layoffs in Kenya's banking sector. Equity Group is scheduled to hold its annual general meeting on June 25, 2025, where it will seek shareholder approval to establish a representative office in the United Arab Emirates to expand its regional presence.