HF Group Profit Rises 171% to KES 1.4 Billion

HF Group has posted a group profit after tax of KES 1.4 billion for the year ended 31 December 2025, up from KES 524.7 million in the prior year, with earnings per share rising to KES 0.75 from KES 0.90. Net interest income surged 64% to KES 4.4 billion from KES 2.7 billion, driven by a 17% rise in total interest income to KES 7.5 billion from KES 6.4 billion and a 16% decline in interest expenses to KES 3.2 billion from KES 3.7 billion as rates eased.

Government securities income more than doubled to KES 2.8 billion from KES 1.6 billion as the bank shifted excess liquidity into government paper, while income from loans and advances held broadly steady at KES 4.6 billion from KES 4.8 billion. Non-interest income rose 20% to KES 1.8 billion from KES 1.5 billion, lifting total operating income 48% to KES 6.2 billion from KES 4.2 billion.

Operating expenses rose 25% to KES 4.7 billion from KES 3.7 billion, with staff costs climbing to KES 2.3 billion from KES 1.9 billion. Total assets grew to KES 82.4 billion from KES 70.1 billion, with customer deposits expanding to KES 55.9 billion from KES 47.5 billion and net loans and advances rising to KES 41.1 billion from KES 38.9 billion.

Asset quality improved, with gross non-performing loans declining to KES 11.1 billion from KES 12 billion, bringing the NPL ratio down to 22.2% from 25.3%, though it remains above industry levels. No dividend was declared for the year.