obiero wrote:Q1 2026 PBT projected vs actual
EQTY 27.2
KCB 26.8
COOP 10.1
ABSA 8.6
NCBA 7.3
IMH 6.4
SBIC 6.2 - 4.9
SCBK 3.8
DTB 3.3
FBKL 1.8
HF 0.5
1Q26 is for Stanbic Bank not Stanbic Holdings BUT the bank does contribute most of the profits. What went wrong?
Absa may take a huge 717mn restructuring hit in 1Q26.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett