Listed local financial solutions provider, HF Group, has posted a 148% growth in Profit Before Tax (PBT) reaching KES 703 million, up from KES. 283 million in HY 2024. All its operating subsidiaries delivered growth in profits.
Key Highlights of HF Group Plc FY2025
- The Group PBT profit up by 148%, reaching KES 703 million, up from KES 283 million in HY 2024.
- 53% growth in net interest income to KES 2.04 billion
- Total deposits grew by 15% to KES 52.5 billion.
- 21% growth of the Group’s balance sheet to KES 76.9 billion.
- Core capital to Risk-Weighted Assets closed at 21.3%, against a regulatory minimum of 10.5%.
- Liquidity remained robust at 51.4%, more than double the statutory minimum of 20%.
The Group posted an 18% growth in non-funded income, which grew to KES 844M, on the back of increased fees from its banking subsidiary’s custody business and the property subsidiary’s project management fees and commissions. The Group’s net interest income rose by 53% to KES 2.04 billion, up from KES 1.33 billion in the same period last year.
HF Group CEO Robert Kibaara, while releasing the results said, “Our strong performance is a clear demonstration of the success of our transformation and diversification strategy, which continues to drive growth across our subsidiaries. We remain focused on building a strong and resilient Group that delivers sustainable value to stakeholders.” He further acknowledged the positive impact of the successful Rights Issue, which provided the impetus to accelerate business growth across select market segments.
The Group’s total deposits rose by 15% to KES 52.5 billion, while the balance sheet grew by 21% to KES 76.9 billion with interest earning assets expanding by 25%, an equivalent increase of KES 12.7billion. Interest expense dropped by 7%, an equivalent of KES 114million.
Mr. Kibaara also highlighted the company’s strong financial position, stating that the liquidity ratio remained solid at 51.4%, more than double the regulatory minimum. The core capital to risk-weighted assets ratio closed at 21.3%, significantly above the required 10.5%.
The Group’s banking subsidiary has officially been upgraded to a tier two bank, a recognition of its growing market share and strengthened capital base. This milestone follows the Group’s successful diversification strategy to full service banking and expanded offerings in property and insurance, coupled with a significantly enhanced capital position. The upgrade reflects strong market confidence in the institution and affirms the Group’s capacity for sustained growth.
Also Read: Opinion: HF Group Delivering Transformation and Strategic Growth
