Eqty Bank profits will embarass KCB...i expect profits to be between Sh 11-12 B...Equity is making a kill in SS...UG will contribute more billions this year about 7.5% of profits...huge transaction volumes from mkesho and agency banking...wait for a report on Equity on my blog soon.

@the deal equity and KCB have for the past years had similar profits and 2011 will be no different..
I also forecast 11billion profits for KCB in 2011 meaning that KCB's EPS will likely embarass that of equity bank so why would I buy equity over KCB??

I think KCB's strategy to reduce cost to income ratio from 67% to 50% and boost return on assets to 5% in just 2 years is a ver ambitious plan but if it carries through it will boost the profit growth trajectory beyond equity bank..
These ratios provided by KCB therefore project 2012 profits before taxto come in at 15.5billion..
@the deal you forget to mention that KCB's regional subsidiaries are also in profits as of q1 2011..

In terms of quality, value and growth KCB share at current prices currently trumps equity hands down as will soon be reflected in the two share prices.

@Guru in SS Eqty is making almost the same profit as KCB from 3 branches vs KCB's 11...when JM says they will match last years perfomance believe him...in 2011 20% of profits are coming outside Kenya...he has a road map for the region and all i'm saying is watch out...

@cde there is a difference of being there and achieve nothing for several years and go there and outdo your rivals within 2 years...people exit counters for many reasons i.e somebody who bought KCB 3 yrs at 32 bob is still in losses today...while Eqty has created and will continue to create value...i think most underestimate the monster Eqty has become and profits of Sh 12B in 2011 will just confirm that...

Equity UG has turned within 3 years how long did it take KCB TZ to post meare profits? do you know the potential Eqty UG has? damn comparing Eqty to Kcb is a waaste of time.