
Equity Group Holdings is a leading financial services conglomerate in Africa, with a rich history dating back to 2008. It was founded by James Mwangi, a renowned Kenyan entrepreneur and banker.
Equity Group Holdings has its headquarters in Nairobi, Kenya, and operates in several countries across the continent. Its presence is a testament to the company's commitment to expanding financial services to underserved communities.
The company's mission is to be the most admired African financial services group, providing innovative financial solutions that empower individuals and businesses. This mission is reflected in its diverse range of financial products and services.
Equity Group Holdings is a publicly traded company, listed on the Nairobi Securities Exchange (NSE) under the ticker symbol EQTY.
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Company Details
Equity Group Holdings is a leading financial services conglomerate in East and Central Africa. It was founded in 1984.
The company is listed on the Nairobi Stock Exchange (NASE) under the ticker EQTY. As of 2021, its market capitalization reached KSh181.136 billion.
Equity Group Holdings has a diverse range of subsidiaries, including Equity Bank Kenya Limited, Equity Bank Rwanda Limited, and Equity Insurance Agency Limited. These subsidiaries offer a variety of financial services, including banking, insurance, and investment services.
The company has a strong presence in six African Great Lakes countries, with over 14 million customers as of 2021. Its asset base exceeded KSh 1.119 Trillion (US$10.1 billion) as of August 2021.
Here are some key statistics about Equity Group Holdings:
Equity Group Holdings has received several awards and recognitions, including being voted as the best bank in Kenya by Euromoney Awards for Excellence in 2008 and being named the Best Performing Company in Africa in 2009.
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Ownership and Management
Equity Group Holdings has a diverse ownership structure, with several major shareholders holding significant stakes. The company's stock is traded on the Nairobi Securities Exchange under the symbol EQTY, and it also has a listing on the Uganda Securities Exchange under the symbol EBL.
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The largest shareholder is Arise BV of Norway and Netherlands, holding 12.76% of the company's stock. Other major shareholders include Standard Chartered Nominees, Stanbic Nominees, and James Njuguna Mwangi, who holds 3.38% of the company's stock.
Here is a breakdown of the top shareholders:
The company is led by a strong management team, with James Mwangi serving as the Chief Executive Officer since 2010. The management team also includes David Ngata as the Director of Finance/CFO, Samuel Kirubi as the Chief Operating Officer, and Isaac Muthure Macharia as the Chairman.
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Ownership
The Equity Group Holdings Limited has a diverse ownership structure, with a range of shareholders holding various percentages of the company's stock.
Arise BV of Norway and Netherlands is the largest shareholder, owning 12.76% of the company's stock. This is a significant holding, indicating the importance of international investors in the company's ownership structure.
The company's stock is traded on the Nairobi Securities Exchange under the symbol EQTY, and it has also been listed on the Uganda Securities Exchange since 2009.
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Here is a breakdown of the top shareholders in the company:
The remaining shareholders, including employees, investors, and other stakeholders, hold a combined 60.15% of the company's stock, indicating a diverse and widespread ownership structure.
Managers and Directors
The management team of Equity Group Holdings Plc is led by James Mwangi, who has been the CEO since 2010 and is 52 years old.
James Mwangi also serves as a Director/Board Member, a position he has held since 2011. He is joined by Mary Wamae, who is also a Director/Board Member and is 46 years old.
The company has a Chairman, Isaac Muthure Macharia, who is 66 years old and has been in the position since 2020.
Here is a list of the company's top managers and directors:
Additionally, the company has several other directors, including Vijay Gidoomal, Helen Gichohi, Edward Odundo, Jonas Mushosho, and Evans Baiya.
Financials and Performance
Equity Group Holdings has shown a strong performance in recent months, with a 6.55% increase in value over the past month and an 8.23% increase over the past three months.
The company's net sales have been steadily increasing, with a notable jump from 1.35B in 2024 to 2.43B in 2025. In contrast, the company's net income has been more volatile, ranging from 334M to 599M over the past year.
Here's a breakdown of Equity Group Holdings' financial performance over the past year:
The company's valuation metrics also indicate a strong performance, with a P/E ratio of 3.38x in 2024 and a yield of 10.1% in 2024.
Financials
Let's dive into the financials of Equity Group Holdings Plc. The company's net sales have been steadily increasing, with a notable jump from 1.35B in 2024 to 2.43B in 2025.
According to the financials, the company's net income has also been on the rise, with a significant increase from 334M in 2024 to 599M in 2025.
Here's a breakdown of the company's net sales and net income for the years 2024 and 2025:
The company's net debt is currently not disclosed. However, the financials show a significant increase in the company's enterprise value, from 181B in 2024 to 220B in 2025.
The P/E ratio has decreased from 3.38x in 2024 to 2.93x in 2025, indicating a slight decrease in the company's valuation.
Quotes and Performance
The quotes and performance of a particular stock have been quite interesting to follow. Over the past 6 months, the stock has seen a significant increase in value, with a gain of +15.25%.
Looking at the daily performance, the stock had a slight dip of -0.62% on the current month and the current year. However, it's worth noting that this is a relatively small decline.
The weekly performance is more promising, with a gain of +4.35% over the past week. This suggests that the stock is currently on an upward trend.
Here's a breakdown of the stock's performance over different time periods:
Looking at the historical data, the stock's price has fluctuated over the past few days. On December 31, the price was 48.30 KES, with a gain of +2.77% compared to the previous day. On the other hand, on December 30, the price was 47.00 KES, with a gain of +1.84% compared to the previous day.
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Analyst Sources
We've got a good understanding of who's providing the financial insights for Equity Group Holdings Plc. The company is covered by 18 analysts, and we've got some specific names to mention.
Our report draws from the submissions of two of these analysts. Their names are Timothy Wambu and Bernard Kiarie, both from reputable institutions.
Here's a breakdown of the analysts who've contributed to our report:
These analysts' submissions are updated throughout the day, so we're getting the latest information possible.
Frequently Asked Questions
What does an equity group do?
Equity Group provides integrated financial services that empower individuals, businesses, and communities to achieve their goals and create wealth. They offer a range of products and services to help people and organizations succeed financially.
Sources
- https://en.wikipedia.org/wiki/Equity_Group
- https://www.marketscreener.com/quote/stock/EQUITY-GROUP-HOLDINGS-PLC-6500740/company/
- https://www.marketscreener.com/quote/stock/EQUITY-GROUP-HOLDINGS-PLC-6500740/
- https://simplywall.st/stocks/ke/banks/nase-eqty/equity-group-holdings-shares/information
- https://markets.ft.com/data/equities/tearsheet/profile
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