Wazua
»
Investor
»
Stocks
»
EQUITY vs KCB
Rank: Veteran Joined: 11/11/2006 Posts: 972 Location: Home
|
Time to revive the thread!
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
KCB Group reports 14% increase in PBT to KShs 17.2 Billion while Equity bank posts PBT of 17.42B. Simba has been knocked out by member!  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Now we wait to see if Mpesa bank can better that 17B PBT hurdle since EABL won't make it after the dull H1 2012 results announced a few weeks back. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
|
Yeeeeeaaah Member fans have the last laugh....
|
|
|
Rank: Chief Joined: 1/13/2011 Posts: 5,964
|
OK. Now it's official. Cost of Funds at 11B v 3.9B i.e 3.72/share v 1.32/share. Happy FY '13 but that dividend 
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
the deal wrote:Yeeeeeaaah Member fans have the last laugh.... Its been a loooooong wait for you  "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
|
|
|
Rank: Member Joined: 2/20/2008 Posts: 84
|
Just noticed that the letter accompanying the results for KCB and Co-Operative Banks are signed by their Company Secretaries while that of Equity Bank is signed by the MD/CEO... Life and beer are very similar........chill for best results.
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
Will equity funds be rotated from KCB to Equity Bank counter¿ The 2 counter compare well. Equity Bank now trades at a P/B and P/E of 2.4x and 8.7x respectively compared to KCB Bank’s P/B and P/E of 2.1x and 9.3x. However, Equity Bank’s ROE of 30.2% is higher than KCB Bank’s ROE of 22.9% 
|
|
|
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
|
mwekez@ji wrote:Will equity funds be rotated from KCB to Equity Bank counter¿ The 2 counter compare well. Equity Bank now trades at a P/B and P/E of 2.4x and 8.7x respectively compared to KCB Bank’s P/B and P/E of 2.1x and 9.3x. However, Equity Bank’s ROE of 30.2% is higher than KCB Bank’s ROE of 22.9% I have ROA for Member as 5% and that of KCB as 3.3% with the two banks showing a 23.88% and 11.09% growth respectively in Total Assets. Quality of the loan book also heavily skewed in favour of Equity. Concur? GOD BLESS YOUR LIFE
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
youcan'tstopusnow wrote:mwekez@ji wrote:Will equity funds be rotated from KCB to Equity Bank counter¿ The 2 counter compare well. Equity Bank now trades at a P/B and P/E of 2.4x and 8.7x respectively compared to KCB Bank’s P/B and P/E of 2.1x and 9.3x. However, Equity Bank’s ROE of 30.2% is higher than KCB Bank’s ROE of 22.9% I have ROA for Member as 5% and that of KCB as 3.3% with the two banks showing a 23.88% and 11.09% growth respectively in Total Assets. Quality of the loan book also heavily skewed in favour of Equity. Concur? Concurred. Equity Bank is a money making machine. And indeed its quality of loan book is better than KCB, Gross NPL/Loans (Equity Bank - 3.2% Vs KCB - 7.0%)
|
|
|
Wazua
»
Investor
»
Stocks
»
EQUITY vs KCB
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.