Kenya Commercial Bank Group announced a remarkable Profit before Tax of Kshs.2.51 billion for the three month period ended 31 March 2011 compared to Kshs.1.90 billion recorded during the same period in 2010, a commendable growth of 32%.

Key financial highlights include:-

 Total customer deposits increased to Kshs.209 billion compared to Kshs.185 billion in March 2010, an impressive growth of Kshs.24 billion representing 13%.

 The loan portfolio (net) increased by 23% from Kshs.125.9 billion in 2010 to Kshs.155 billion in 2011.

 Total assets increased by a significant 23% to Kshs.270.9 billion compared to Kshs.220.7 billion registered in the same period in 2010.

 Net profit increased from Kshs1.332 billion in 2010 to Kshs1.774 billion in 2011, representing a growth of over 33%

 On the account of increased lending, Net Interest income increased by 32% to Kshs.5.111 billion from Kshs.3.873 billion recorded in 2010.

 Non-funded income increased to Kshs.2.8 billion in 2011 compared to Kshs.2.6 billion in 2010 representing a 7% growth, mainly from fees and commissions and it constituted 35% of the total revenue.

KCB ex today. If you have moolah, pick it at [25 - 25.50] because it will recover shortly.

With the broker commission at 1.4% - 1.8% (CFC Stanbic), making 3% for five days work is a good weeks work...

Why do you say so? By the way, disappointed that my sell order at 27 yesterday didn't go through