Equity Group has reported a net profit of Ksh 48.8 billion for the fiscal year 2024, reflecting an 11.6% year-on-year increase. The bank's profit before tax rose by 17% to Ksh 60.7 billion, while earnings per share increased by 11% to Ksh 12.3. The board has declared a dividend of Ksh 4.25 per share, up from Ksh 4 in the previous year. Additionally, the bank's total interest income grew by 9.3% amid challenges with non-performing loans, which are at 12.2%. In related financial results, HF Group reported a net profit of Ksh 524.7 million, marking a 35% increase year-on-year, driven by an 18.5% rise in interest income. Kenya Re's insurance revenue decreased by 4% to Ksh 18.85 billion, but its insurance service result surged by 336% to Ksh 2.95 billion. Other financial institutions, including Britam Holdings and Family Bank, also reported positive earnings growth, with Britam's pre-tax profits growing by 52% and Family Bank's net profit increasing by 38%.