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Equity Bank Q3 results will be announced on 06.11.2012
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BGL
#1 Posted : Monday, November 05, 2012 11:51:14 AM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
Investor briefing is tomorrow morning at Equity Bank Centre upper hill.
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Kanjora1
#2 Posted : Monday, November 05, 2012 1:10:26 PM
Rank: New-farer

Joined: 8/7/2012
Posts: 39
I don't know why I have this sinking feeling that member hasn't done very well this time....
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VituVingiSana
#3 Posted : Monday, November 05, 2012 2:16:48 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,410
Location: Nairobi
Member will be a-OK. Not 100% increases (year-on-year) like seen in the past but 30-50%
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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King G
#4 Posted : Monday, November 05, 2012 2:22:08 PM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
Member will surprise MOO & co. JM always have something up his sleeves. Let us wait and see!
Thieves
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guru267
#5 Posted : Monday, November 05, 2012 3:06:30 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
[quote=VituVingiSana]Member will be a-OK. Not 100% increases (year-on-year) like seen in the past but 30-50%[/quote]

Try 12-15% growth in PAT.. They will be affected by the change in tax rate!!
Mark 12:29
Deuteronomy 4:16
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hisah
#6 Posted : Monday, November 05, 2012 4:14:00 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
As per share price behaviour (weak rally) from 21.50 - 24/- the Q3 numbers will be nothing to write home. KCB, BBK and SCBK have reacted with larger price gains. All the above 3 will also deliver larger dividend payouts...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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  | | Edit by user: Monday, November 05, 2012 5:25 PM | Reason: Not specified
cnn
#7 Posted : Tuesday, November 06, 2012 10:18:39 AM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
PBT 11.6 billion,PAT 8.3 billion vs 7.29 billion in quarter three 2011.Loan loss provision 1.56 billion versus 1.6 billion a year ago.
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  | | Edit by user: Tuesday, November 06, 2012 10:21 AM | Reason: Not specified
youcan'tstopusnow
#8 Posted : Tuesday, November 06, 2012 10:32:49 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
PBT is 11.79
Equity reported total assets increased 18.9 percent to 232.2 billion shillings, up from 195.4 billion during the same period. Earnings per
share rose from 2.63 shillings to 2.99 shillings.
"Agents (transcations) will overtake bank branches by Dec and overtake ATMs by June 2013," Mwangi said.
http://af.reuters.com/article/investingNews/idAFJOE8A501720121106
GOD BLESS YOUR LIFE
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youcan'tstopusnow
#9 Posted : Tuesday, November 06, 2012 10:59:48 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
PBT seems to be shaping up to come in at the 16.5 - 17 Billion region...
GOD BLESS YOUR LIFE
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King G
#10 Posted : Tuesday, November 06, 2012 3:18:03 PM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
[quote=youcan'tstopusnow]
"Agents (transcations) will overtake bank branches by Dec and overtake ATMs by June 2013," Mwangi said.[/quote]

Is this possible and how? how come i dont see this agents or they are doing good business in the rural set-up
Thieves
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