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Coop Bank Q3 2013 PBT up 19%
mwekez@ji
#1 Posted : Wednesday, November 20, 2013 9:06:12 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
PAT up 17.3%
xxxxx
#2 Posted : Wednesday, November 20, 2013 9:09:17 AM
Rank: Member

Joined: 3/20/2008
Posts: 503
mwekez@ji wrote:
PAT up 17.3%


This is less than Obiero's 9.6BN guesstimate. Still a PAT of 7bn isn't so bad
muganda
#3 Posted : Wednesday, November 20, 2013 9:19:18 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Customer deposits up 15% to 180b
Loans and advances to Customers up 13% to 134b
Loan loss provision up 6% to 800m


Net Interest Income +23%
Non Funded Income +16%

Operating Expenses +23%
Profit before tax +19%

PKoli
#4 Posted : Wednesday, November 20, 2013 9:27:40 AM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
muganda wrote:
Customer deposits up 15% to 180b
Loans and advances to Customers up 13% to 134b
Loan loss provision up 6% to 800m


Net Interest Income +23%
Non Funded Income +16%

Operating Expenses +23%
Profit before tax +19%


That is good results for Coop. Any exceptional capex expenditure?
muganda
#5 Posted : Wednesday, November 20, 2013 9:36:08 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
PKoli wrote:
That is good results for Coop. Any exceptional capex expenditure?


Between 30-Sep-12 and 31-Dec-2012, there was an extra 1.6bn on intangible assets, was this explained FY 2012 results?


PKoli
#6 Posted : Wednesday, November 20, 2013 11:15:59 AM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
muganda wrote:
Customer deposits up 15% to 180b
Loans and advances to Customers up 13% to 134b
Loan loss provision up 6% to 800m


Net Interest Income +23%
Non Funded Income +16%

Operating Expenses +23%
Profit before tax +19%



Market seeps unsatisfied with Coop's Q3 results. I was expecting the share to reach 19 today
Ericsson
#7 Posted : Wednesday, November 20, 2013 11:18:25 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,810
Location: NAIROBI
Copy of the results anyone with them
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
PKoli
#8 Posted : Wednesday, November 20, 2013 12:02:43 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
Ericsson wrote:
Copy of the results anyone with them


I got them through my email.
Boris Boyka
#9 Posted : Wednesday, November 20, 2013 12:24:06 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
PKoli wrote:
muganda wrote:
Customer deposits up 15% to 180b
Loans and advances to Customers up 13% to 134b
Loan loss provision up 6% to 800m


Net Interest Income +23%
Non Funded Income +16%

Operating Expenses +23%
Profit before tax +19%



Market seeps unsatisfied with Coop's Q3 results. I was expecting the share to reach 19 today


@PKoli i also thought so. nway vision 2015
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
PKoli
#10 Posted : Wednesday, November 20, 2013 12:42:07 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
Ericsson wrote:
Copy of the results anyone with them


I got them through my email.
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