Profit before tax also fell to Sh 13.7 Billion from Sh 15.2 Billion recorded in Q3 2016.

Profit after tax dropping by 9.5 percent to Sh 9.54 Billion compared to Sh 10.54 Billion reported in the same period in 2016.

Total Interest income declined by 7.7 percent from Sh 32.3 Billion to Sh 29.9 Billion as cost to income ration went up from 52.1 percent in Q3 last year to 47.6 percent in Q3 2017.

Net loans and advances over the period went up by 14.2 percent to Sh 32.4 Billion to Sh 259.4 Billion from Sh 227 Billion last year.

Customers deposits over the period also grew by a decent margin to Sh 289 Billion from Sh 257.8 Billion in the same period last year.

Coop bank loan book size has overtaken overtake equity bank's

Co-operative Bank of South Sudan that has a partnership with Government of South Sudan (Co-op Bank 51 percent and GOSS 49 percent) made a profit of Sh30 Million in the period.

Soon, EQTY will be toppled if they don't react more aggressively to the environment.. KCB though appears untouchable.. It's recent decisions have appeared inspired by the gods

We'll wait to see !!1!!

Why lend to Wanjiku (at 14%) with all the drama [courts, IFRS9] if Wanjiku defaults when GoK is paying default-free 12%?

http://www.businessdaily...5936-awf8cvz/index.html

Billionaire investor Baloobhai Patel has more than quadrupled his stake in Co-op Bank to Sh403 million, becoming the second-largest individual investor in the Nairobi Securities Exchange-listed firm.
Co-op Bank said in regulatory filings that Mr Patel raised his ownership from 5.8 million shares in February to 25.2 million in September, boosting his stake in the lender from 0.12 per cent to 0.43 per cent.
The value of his shareholding jumped from Sh93.8 million to Sh403 million over the same period based on the bank’s share price of Sh16 on Monday.

Who probably regrets buying KQ instead of Co-op in 2012

I feel sorry for KQ shareholders who bought shares in the Rights Issue coz they were lied to... 14/- to the current price (divided by 4) without any dividends. Good luck to those who still believe in KQ.

I hope KQ will thrive under Mikosz and Joseph but the rapacious staff are waiting to suck KQ dry. In the meantime, the likes of Naikuni and Mbugua are laughing at the KQ shareholders.

On Coop, I want it to do well but I prefer the mid-tier banks which seem to be more innovative and nimble. I am quite impressed with how DTB and its shares have performed.

Can Coop be as nimble?
Where/how will Coop grow?

I hope Kenya's economy starts firing on all cylinders after the brutal 2017 election season. All banks should benefit from a better economy.