HF Group Posts Ksh 1.14B Pre-tax Profit In Q3 2025, A 265% Year-On-Year Growth

HF Group has posted a profit before tax of Kes 1.14 billion, a growth of 265% compared to a similar period in 2024. This performance comes on the back of a significant reduction in the cost of funds, an increase in interest income, and non-funded income. The growth is powered by the Group’s diversification strategy, which is paying off, with all its subsidiaries registering growth in profitability.

HF Group CEO Robert Kibaara noted that “The Group is on a growth trajectory and our business is growing strongly across all three subsidiaries. Our diversification strategy is yielding results, and the growth engines we have created over the last few years are now all scaling well.”

The Group’s asset book grew by 22% to Kes 80 billion, while the total deposits grew by 20% to Kes 55 billion. The Group also registered a 52% growth in operating income, 29% growth in non-funded income, while net interest income grew by 63%. The liquidity ratio remained solid at 54.2% more than double the regulatory minimum, while the capital to risk-weighted assets ratio closed at 21.9% significantly above the required 10.5%.

“We have a well-capitalized business, and we are delivering value propositions that are relevant to customers. We will continue to invest in customer value propositions and digitization to increase opportunities for customers to self-serve. Further, we have reduced our base lending rate twice this year to support our customers.” Said Kibaara.

The Group, which is celebrating its 60^th anniversary, was earlier in the year added to the prestigious Morgan Stanley Frontier Markets Small Cap Index, which serves as a key performance indicator for investors tracking emerging markets. The Group’s banking subsidiary, HFC, was also recently promoted to tier 2 status.

Performance Highlights

• The Group posts Profit Before Tax of Kes 1.14billion, a year-on-year growth of 265%.
• Net interest income grew by 63% to Kes 3.2 billion.
• Non-funded income grew by 29% to Kes 1.3 billion.
• Total deposits grew by 20% to Kes 55 billion.
• Total assets grew by 22% to Kes 80 billion.
• Liquidity ratio at 54.2%, more than double the regulatory minimum.
• Core capital to risk-weighted assets ratio closed at 21.9%, significantly above the required 10.5% threshold.

Read Also: HF Group Posts Ksh 703 Million Pre-Tax Profit For HY2025, A 148% Year-On-Year Growth