Bank's reporting season is officially here with us. Giro Bank (sorry it's not listed) has kicked this off with a 416% increase in PBT and 490% in PAT. See Page 19 of the Daily Nation- Oct 15th.

Most of the the growth is from other income. Wonder exactly what these guys are doing? For many folks who may not know Giro Bank is associated with the Gidoomals who also call the shots at Car & General. They have been quietly growing profits at a nice clip there over the last 5 years.

We now await the big boys, Equity, KCB, SCBK, BBK, Co-op etc. Who do you think among the listed banks will be first to the tape? Any predictions on EPS?

I will venture my EPS on Equity at approximately Kshs 1.40 for the first nine months of the year. This will be about 54% growth over last year. Note that this is an informed guestimate, so believe it at your own peril.

Bring them on. We are gonna have a party..fiesta..karamu (*10.)

I say the market is already gearing up for the results. HF, DTK and NIC have hit multi year highs.

Others will follow.

[quote=bartum]what date did equity and diamond report last year.
In addition when we say Q3 results does it mean period 1st july to 30th sept. Only or from 1st jan to 30th sep.
For H1 does it include from 1st jan to 30thjune.[/quote]

Actually, I was using the term Q3 to mean the 9 months period ending 30th Sept 2010 which of course includes the latest (July-Sept) quarter. Likewise for H1. In my context - It is Jan to June.

VVS is right in terms of strict interpretation.

Last year Equity reported on 26th Oct while DTB did so on 12th November.

Over to y'all.

@ Mwanahisa, thanks for outdoing me on the release dates, or should i say outrunning, now that we as Kenyans seem to be scoopin all the running awards in Delhi!lol