https://www.nse.co.ke/listed-com...r-ended-31-december-2013

Clear set of results. Brilliant. Interesting trend the rotation to treasuries. 25B for CFC, KCB rotated some 22.5B from HTM and added to AFS. Interesting. Maybe those Bonds that went underwater industry wide are back in the Black.

Giving it a trailing PER of 10 with an EPS of 12.97, a 20% rise above MPS is still achievable!

@mwekezaji...remember the market gave it a PER of around 6-7(compared with around 10 for other banks) for long periods last year until the first quarter and half year results pointed to robust full year earnings.Partly i venture it is due to the dividend policy...very mean.....,and they have repeated the same.Contrast with HF who are increasing earnings at almost the same rate but have more than double the dividend yield at Cfc.

@cnn, this market has in the past undervalued this counter which should change with the now proven track record. I consider the counter a growth stock and hence may not give a high weightage to the dividend when valuing it.

we may however note that dividend has this time been increase by a high 194.5%. This i dint expect! a signal to change in dividend policy¿ we shall tell as we progress