Lets wait & see the market reaction tomorrow. I'm a little bit weary after seeing people's reaction on NIC's results. It seems the Market is reacting more towards good pay offs rather than improved earnings.

This is actually a good set of results for KCB all considered. We are used to negative surprises from KCB especially in the last qtr but this time around, it is MUCH better. Based on Q3 results, I had anticipated EPS of 2.41 and I was expecting them to maintain the dividend at last year's level of Kshs 1, so this is a PLEASANT SURPRISE.

I admit I am not too excited by the fact that subsidiaries made a whopping 1.7B+ LOSS BEFORE TAX. Just what is it with these regional operations? At this point in time only Uganda and Rwanda should be losing money, given the stage of development that these operations are at, and hence OVERALL subsidiaries should be ADDING to the profits not CANNIBALISING what Kenya is bringing in.

All the same, we should focus on the positives. PBT for the bank (Kenya) is actually higher than that for BBK (minus the exceptional item). The Kshs 1.25 dividend will not hurt either, while the losses in ops outside Kenya represent room for future growth. At an undemanding PE of 10, KCB should be headed to 28 without breaking a sweat!

That's an outstanding performance from KCB...it beat my estimate by many margins..although growth is from non interest income...the PE of 8.4 is undemanding...time to switch my non perfoming KQ shares with KCB.

The staff?.That is one area they need to have a long and hard look to improve on their performance.

woi! watu wa coop mko wapi? i think kcb is a deprived baby hogging all the attention but u gotta admit, they've got a sure good way of doin it. nyc job. ama get me some when things cool down, c mnajua wanjiku haezi ngoja hadi.......