HF Group posts Ksh.1.14B pre-tax profit in Q3 2025

The performance was driven by a lower cost of funds, stronger interest income and growth in non-funded income, according to the lender’s latest financial disclosures. HF Group also cited improved earnings across its subsidiaries as evidence of gains from its ongoing diversification strategy.

Chief Executive Officer Robert Kibaara said the business has maintained steady growth across its three main subsidiaries. “The Group is on a growth trajectory and our business is growing strongly across all our 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,” he said.

HF Group’s total assets expanded by 22% to KSh 80 billion, while customer deposits rose 20% to KSh 55 billion. Operating income increased by 52%, supported by a 63% rise in net interest income and a 29% growth in non-funded income.

The Group’s liquidity ratio stood at 54.2%, more than double the regulatory minimum. Its capital-to-risk weighted assets ratio closed at 21.9%, well above the 10.5% requirement set by Central Bank of Kenya.

Kibaara noted the lender has reduced its base lending rate twice this year, including two downward adjustments to the Base Lending Rate in 2025, aimed at easing borrowing costs for customers.

Earlier this year, HF Group was added to the MSCI Frontier Markets Small Cap Index, a metric closely watched by global emerging-market investors. The Group’s banking subsidiary, HFC, was promoted to Tier 2 status in 2025.