wazua Tue, Apr 7, 2026
Welcome Guest Search | Active Topics | Log In

9 Pages123>»
Equity Bank Q1 2012 Pre tax profit up 29%
Options
Previous Topic · Next Topic
GenghisCapitalLtd
#1 Posted : Thursday, April 26, 2012 9:30:40 AM

Rank: Bona-fide

Joined: 11/2/2011
Posts: 191
Location: Nairobi
wazuans

Equity bank will release their Q1 results today at 2.30pm at Equity Centre. The surprising thing is that they are the first bank to do release this time round is there anything to read into that? I think they must have excellent results to be the first one off the blocks, really interested to know your expectations!
Follow us on Twitter @genghiscapital
“Be a yardstick of quality. Some people aren’t used to an environment where excellence is expected.” Steve Jobs,iGenius
Back to top
WWW
  | | Edit by moderator: Friday, April 27, 2012 9:37 AM | Reason: title clarified
gathinga
#2 Posted : Thursday, April 26, 2012 10:07:55 AM
Rank: Veteran

Joined: 11/30/2006
Posts: 635
when is KCB releasing theirs?
Back to top
  |
GenghisCapitalLtd
#3 Posted : Thursday, April 26, 2012 10:12:23 AM

Rank: Bona-fide

Joined: 11/2/2011
Posts: 191
Location: Nairobi
gathinga wrote:
when is KCB releasing theirs?

gathinga as soon as I know u will know, expect it to be early next week cz they always compete with Equity bank. NIC have released theirs btw; http://www.wazua.co.ke/f...aspx?g=posts&t=18583
Follow us on Twitter @genghiscapital
“Be a yardstick of quality. Some people aren’t used to an environment where excellence is expected.” Steve Jobs,iGenius
Back to top
WWW
  |
Aguytrying
#4 Posted : Thursday, April 26, 2012 10:17:31 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
would explain the rally
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
  |
GenghisCapitalLtd
#5 Posted : Thursday, April 26, 2012 10:25:02 AM

Rank: Bona-fide

Joined: 11/2/2011
Posts: 191
Location: Nairobi
gathinga wrote:
when is KCB releasing theirs?

gathinga as soon as I know u will know, expect it to be early next week cz they always compete with Equity bank in that front. NIC have released theirs btw; http://www.wazua.co.ke/f...aspx?g=posts&t=18583
Follow us on Twitter @genghiscapital
“Be a yardstick of quality. Some people aren’t used to an environment where excellence is expected.” Steve Jobs,iGenius
Back to top
WWW
  |
ngapat
#6 Posted : Thursday, April 26, 2012 5:03:12 PM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
Equity bank Pre tax profit up 29%
http://af.reuters.com/ar...ws/idAFJOE83P08A20120426
“Invest in yourself. Your career is the engine of your wealth.”
Back to top
  |
ngapat
#7 Posted : Thursday, April 26, 2012 5:06:18 PM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
So Equity bank PAT is higher than KCB's. 3.73B Vs 3.4B
“Invest in yourself. Your career is the engine of your wealth.”
Back to top
  |
gathinga
#8 Posted : Thursday, April 26, 2012 5:18:24 PM
Rank: Veteran

Joined: 11/30/2006
Posts: 635
Seems the race is to the line this time. Last year the LION overtook Member in Q4. Lets see who finishes first this year
Back to top
  |
Cde Monomotapa
#9 Posted : Thursday, April 26, 2012 6:41:08 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Cost of funds up 524% from 460M to 2.81B. That's where some of KCB's (Kenya) profits disappeared to. OTW, overall performance is good with me. How did Equity do with cost of funds?
Back to top
  |
GenghisCapitalLtd
#10 Posted : Thursday, April 26, 2012 7:30:19 PM

Rank: Bona-fide

Joined: 11/2/2011
Posts: 191
Location: Nairobi
Cde Monomotapa wrote:
Cost of funds up 524% from 460M to 2.81B. That's where some of KCB's (Kenya) profits disappeared to. OTW, overall performance is good with me. How did Equity do with cost of funds?

Wow from 460Mn to almost 3Bn, that's huge. Equity's cost of funds was up 283.2% y-o-y to 1.62Bn from 424Mn.
Follow us on Twitter @genghiscapital
“Be a yardstick of quality. Some people aren’t used to an environment where excellence is expected.” Steve Jobs,iGenius
Back to top
WWW
  |
9 Pages123>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.