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KCB Q1 2015 PBT UP 12%
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Ericsson
#1 Posted : Wednesday, May 06, 2015 8:55:41 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
KCB Bank Group saw its First Quarter of 2015 profit before tax rise by 12% to hit Kshs.6.2B
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#2 Posted : Wednesday, May 06, 2015 8:59:31 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
Total Assets at ksh.510bn,
Investment in government securities at ksh.97bn
Net Loans and advances at ksh.297bn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#3 Posted : Wednesday, May 06, 2015 9:24:43 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
Customer deposits at ksh.397bn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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mlennyma
#4 Posted : Wednesday, May 06, 2015 10:00:11 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
I must say equity is king.i will however not be surprised if this two banks announce almost flat or decline In 2015 FY
"Don't let the fear of losing be greater than the excitement of winning."
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mkonomtupu
#5 Posted : Wednesday, May 06, 2015 12:07:24 PM
Rank: Veteran


Joined: 2/10/2010
Posts: 1,001
Location: River Road
wow! the bear must be around the corner if KCB results attract only 4 comments
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Pesa Nane
#6 Posted : Wednesday, May 06, 2015 12:54:02 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Ericsson wrote:
KCB Bank Group saw its First Quarter of 2015 profit before tax rise by 12% to hit Kshs.6.2B

Pesa Nane plans to be shilingi when he grows up.
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mlennyma
#7 Posted : Wednesday, May 06, 2015 12:59:51 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
mkonomtupu wrote:
wow! the bear must be around the corner if KCB results attract only 4 comments

actually wazua participants are at their lowest in contributions, you will see them gathered on safcom results and from there again they will gather on kk's 1st half results.
"Don't let the fear of losing be greater than the excitement of winning."
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hisah
#8 Posted : Wednesday, May 06, 2015 4:01:58 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Last year Q1 PAT growth was 28.63% while this year Q1 PAT growth is 11.8%. Slowdown...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Ericsson
#9 Posted : Wednesday, May 06, 2015 4:04:15 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
@hisah
Ata NSE in a slow down
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Pesa Nane
#10 Posted : Wednesday, May 06, 2015 4:49:13 PM
Rank: Elder


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

Quote:
Our view.
 Going forward, we expect growth in non-interest income supported by growing alternate banking channels such as agency banking and mobile banking platform and the recent expansion of Bancassuarance arm.

 We expect further growth in loan book in 2015 driven by increased appetite for credit in Personal loans, Trade, Real estate and Agricultural loans which remain the key drivers of this growth.

 Customer deposits are expected to maintain the accelerated growth, mainly from increased customer numbers due to the recent cooperation with Mpesa and further integration and use of the mobile banking platform.
Pesa Nane plans to be shilingi when he grows up.
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watesh
#11 Posted : Wednesday, May 06, 2015 8:17:56 PM
Rank: Veteran


Joined: 8/10/2014
Posts: 977
Location: Kenya
KCB net interest income 9.2bn vs Equity 7.6bn. KCB non funded income 4.6bn vs Equity 5.6bn....Total income KCB 13.8bn (+9%) vs Equity 13.2bn (+19%)....its a neck and neck race...KCB still ahead in getting customer deposits but Equity is catching up fast. Its going to be an exciting year
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mlennyma
#12 Posted : Wednesday, May 06, 2015 10:03:50 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
watesh wrote:
KCB net interest income 9.2bn vs Equity 7.6bn. KCB non funded income 4.6bn vs Equity 5.6bn....Total income KCB 13.8bn (+9%) vs Equity 13.2bn (+19%)....its a neck and neck race...KCB still ahead in getting customer deposits but Equity is catching up fast. Its going to be an exciting year

this is not a fair comparison, given how each utilizes the size of its capital resources, equity is king I will keep saying.
"Don't let the fear of losing be greater than the excitement of winning."
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xtina
#13 Posted : Wednesday, July 01, 2015 2:31:15 PM
Rank: Member


Joined: 6/26/2008
Posts: 384
KCB at 54/= mmmh!
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Othelo
#14 Posted : Wednesday, July 01, 2015 3:32:42 PM
Rank: User


Joined: 1/20/2014
Posts: 3,528
xtina wrote:
KCB at 54/= mmmh!

Nice.... waiting for it in the 40's in Sempember 2015!!!
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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