will be interesting to see how fundamentals and technical marry. check here

Equity Bank's Net loans & Advances fell by 1% but increased its investment in govt paper by almost 135%.

I just love how Equity (and Safaricom) gives a live stream option for the results. The CEO gives out so much information than never makes it to the documented results. I wish KCB would do the same.....

Loan loss provisions up X2.73 times
Gross non-performing loans up X2 times
#EquityFY2016Results


I could be mistaken but the NSE may have delayed market open to 10am to cater for the James Mwangi and co. show

Since Q2 2016, equity's liquidity ratio has shot through the roof. Liquidity preference is expected and admirable but the rate of bulking up draws more questions than answers. Is there something we can't see here? Widespread defaults or what?

Its liquidity ratio is now in the league of 'foreign banks' which are always averse to wanjiku lending.

Book closure & payout date? Anyone?

A time this stock will be moving closer to10/-

Equity Bank Earnings Fall for First Time in a Decade, Bad Loans Up 100%
The Group’s Non Performing Loans (NPLs) doubled from the previous year’s Ksh 9.0 Billion to Ksh 18 Billion while NPLs from its Kenyan Business more than doubled to Ksh 15 Billion from 2015’s Ksh 6.8 Billion.

When you say, you are told the sky is not falling.

Lessons will be learned the hard way when the business collapsing stage comes,right now kibakis solid foundation is yet to be completely depleted