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Co-operative Bank FY14 results earnings -0.8%
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Ericsson
#1 Posted : Wednesday, March 18, 2015 9:49:40 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,809
Location: NAIROBI
Co-operative Bank 2014 FY

Profit Before Tax ksh.11.987bn
Exceptional items-Early Retirement Costs--ksh.1.342bn
Exceptional items-Share of profit of associate--sh.270.976mn
Profit before tax--10.916bn
Profit after Tax---sh.8.014bn
Dividend per share--0.50


Link http://bit.ly/1GVbXdX
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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  | | Edit by moderator: Wednesday, March 18, 2015 10:06 AM | Reason: title clarified; link inserted
maka
#2 Posted : Wednesday, March 18, 2015 9:50:40 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Lousy results PBT up 0.5%
possunt quia posse videntur
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Bachuma Gate
#3 Posted : Wednesday, March 18, 2015 9:51:54 AM
Rank: Member

Joined: 3/26/2012
Posts: 280
maka wrote:
Lousy results PBT up 0.5%

PBT 10.92B
DOH
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mlennyma
#4 Posted : Wednesday, March 18, 2015 10:18:50 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
New ideas needed, otherwise I think profit growth has topped.
"Don't let the fear of losing be greater than the excitement of winning."
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Ericsson
#5 Posted : Wednesday, March 18, 2015 12:55:17 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,809
Location: NAIROBI
Profit for the bank was higher than that for the group.
It seems the subsidiary is yet to break even.
Good growth in loans and advances but however the loan to deposit is thinning out.
Bank needs to grow more customer deposits.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Angelica _ann
#6 Posted : Wednesday, March 18, 2015 1:03:44 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
That is what happens when you have MD retire & moved to contract.... Ideas gone!!!! Past sell by date.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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madebe
#7 Posted : Wednesday, March 18, 2015 1:06:23 PM
Rank: Member

Joined: 10/7/2010
Posts: 251
Location: nairobi
Hi all,, anybody with the investor presentation???this is the only document that will help....eg has the tax rate for newly listed company expired??
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Boris Boyka
#8 Posted : Wednesday, March 18, 2015 1:32:22 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
PAT DOWN 12%
www.businessdailyafrica....8/-/viywurz/-/index.html
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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murchr
#9 Posted : Wednesday, March 18, 2015 2:04:03 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Expected...........very poor show
"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
.
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joejuma
#10 Posted : Wednesday, March 18, 2015 3:01:27 PM
Rank: New-farer

Joined: 2/8/2015
Posts: 14
Location: masaku
as predicted
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