wazua Sat, Mar 21, 2026
Welcome Guest Search | Active Topics | Log In

4 Pages<1234>
Barclays FY 2014 profit before tax jumps 10%
Pesa Nane
#11 Posted : Friday, March 06, 2015 6:55:36 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
D&B Commentary

Quote:

Our view.

 We note that Barclays’ bank slow growth in loan book will
continue to shrink its interest income
.

Cost of deposits continue to weigh down the top line as the
interest expense growth continues to accelerate despite a
slow growth in customer deposits.

 Non-interest income shrunk year on year, but we expect the
bank to drive growth in this line by improved product offering
.

Rise in non-performing loans to 3.6 percent, with a growth in
loan loss provision highlights the overall risk in the loan book
.
However, the ratios are still below the peer bracket.

 The bank trades at a price to book value of c.2.5 times against
a peer average of c2.3 times. The banks ROE stands at 21.96
per cent.


= hold
Pesa Nane plans to be shilingi when he grows up.
ayushnehra
#12 Posted : Friday, March 06, 2015 8:00:21 PM
Rank: Member

Joined: 1/4/2015
Posts: 153
AGM dates guys?
Dreams are not the thing you see in your sleep..it's the thing that doesn't let you sleep. - A.P.J. Abdul Kalam
Ericsson
#13 Posted : Saturday, March 07, 2015 9:58:26 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Growth in profits was due to the following;
Growth in interest income from loans and advances to customers
Cost containment as expenses were flat compared in previous year.
Customer deposits grew much faster than loans and advances;bank needs to do a lot of marketing for its products
The cost to income ratio is at 51.59% compared to KCB at 50.2%
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#14 Posted : Saturday, March 07, 2015 10:03:38 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
@ayushnehra
AGM is on 29 April 2015
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Angelica _ann
#15 Posted : Saturday, March 07, 2015 1:00:16 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Needs to rethink their strategy to develop a sustainable growth model for the next 3-5 years.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
ayushnehra
#16 Posted : Saturday, March 07, 2015 3:53:03 PM
Rank: Member

Joined: 1/4/2015
Posts: 153
@Ericsson Tsavo KICC ? You going?
Dreams are not the thing you see in your sleep..it's the thing that doesn't let you sleep. - A.P.J. Abdul Kalam
Ericsson
#17 Posted : Sunday, March 08, 2015 12:35:18 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
@ayushnehra
I ain't a shareholder.Nilitoka huko in 2013 when the share was at its highs.
So far it hasn't recovered.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
ayushnehra
#18 Posted : Sunday, March 08, 2015 2:56:24 AM
Rank: Member

Joined: 1/4/2015
Posts: 153
Ericsson wrote:
@ayushnehra
I ain't a shareholder.Nilitoka huko in 2013 when the share was at its highs.
So far it hasn't recovered.


Fair enough..I'm rather new in the game..on the Barclays boat simply for the dividend where I think it's doing rather well compared to it's peers..!! ama?
Dreams are not the thing you see in your sleep..it's the thing that doesn't let you sleep. - A.P.J. Abdul Kalam
Realtreaty
#19 Posted : Saturday, March 21, 2015 8:10:29 AM
Rank: Elder

Joined: 8/16/2011
Posts: 2,386
jawgey
#20 Posted : Tuesday, March 31, 2015 12:49:32 PM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
Did they declare a div for FY 2014 and when is the books closure?
Seeing is believing
4 Pages<1234>
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.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.