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KCB or Equity Bank?
Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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young wrote:Ericsson wrote:Kcb share price on upward trend while equity bank on downward.
Kcb has just completed acquisition of NBK while equity bank is in the process of acquiring Atlas mara banking assets To me based on their current prices, Equity is underpriced , it should be at par with KCB if not higher. But from dividend angle and for dividend hunters like me, please give me more KCB and take away your Equity. WHY ? 3.5 bob VS 2.0 bob dividend the difference is clear. KCB also paying dividend twice (interim and final) is also salulatory to us non resident foreigners and retirees like me (income). KCB is a balanced counter , investing in growth and also compensating shareholders accordingly . Equity is on aggressive growth only . Different strokes to different folks. Strictly old papa mzee@Young opinion . Soon even coop bank may catch up to Equity bank in terms of amount of money paid out as dividend Dividend payout for banking stocks FY2018 KCB---Ksh.10.75bn Equity bank---Ksh.7.54bn Stanchart----ksh.6.53bn Barclays---Ksh.5.97bn Coop---Ksh.5.9bn Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,098 Location: Nairobi
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Ericsson wrote:young wrote:Ericsson wrote:Kcb share price on upward trend while equity bank on downward.
Kcb has just completed acquisition of NBK while equity bank is in the process of acquiring Atlas mara banking assets To me based on their current prices, Equity is underpriced , it should be at par with KCB if not higher. But from dividend angle and for dividend hunters like me, please give me more KCB and take away your Equity. WHY ? 3.5 bob VS 2.0 bob dividend the difference is clear. KCB also paying dividend twice (interim and final) is also salulatory to us non resident foreigners and retirees like me (income). KCB is a balanced counter , investing in growth and also compensating shareholders accordingly . Equity is on aggressive growth only . Different strokes to different folks. Strictly old papa mzee@Young opinion . Soon even coop bank may catch up to Equity bank in terms of amount of money paid out as dividend Dividend payout for banking stocks FY2018 KCB---Ksh.10.75bn Equity bank---Ksh.7.54bn Stanchart----ksh.6.53bn Barclays---Ksh.5.97bn Coop---Ksh.5.9bn Of all the banks listed, I think Equity has the best potential for growth over the next 5-10 years with the recent acquisitions in DRC and of Atlas Mara banks. For those looking for a higher dividend yield in the near future then KCB or SCBK may be a better option. Different strokes for different folks. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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VituVingiSana wrote:Ericsson wrote:young wrote:Ericsson wrote:Kcb share price on upward trend while equity bank on downward.
Kcb has just completed acquisition of NBK while equity bank is in the process of acquiring Atlas mara banking assets To me based on their current prices, Equity is underpriced , it should be at par with KCB if not higher. But from dividend angle and for dividend hunters like me, please give me more KCB and take away your Equity. WHY ? 3.5 bob VS 2.0 bob dividend the difference is clear. KCB also paying dividend twice (interim and final) is also salulatory to us non resident foreigners and retirees like me (income). KCB is a balanced counter , investing in growth and also compensating shareholders accordingly . Equity is on aggressive growth only . Different strokes to different folks. Strictly old papa mzee@Young opinion . Soon even coop bank may catch up to Equity bank in terms of amount of money paid out as dividend Dividend payout for banking stocks FY2018 KCB---Ksh.10.75bn Equity bank---Ksh.7.54bn Stanchart----ksh.6.53bn Barclays---Ksh.5.97bn Coop---Ksh.5.9bn Of all the banks listed, I think Equity has the best potential for growth over the next 5-10 years with the recent acquisitions in DRC and of Atlas Mara banks. For those looking for a higher dividend yield in the near future then KCB or SCBK may be a better option. Different strokes for different folks. We wait and see Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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Ericsson wrote:VituVingiSana wrote:Ericsson wrote:young wrote:Ericsson wrote:Kcb share price on upward trend while equity bank on downward.
Kcb has just completed acquisition of NBK while equity bank is in the process of acquiring Atlas mara banking assets To me based on their current prices, Equity is underpriced , it should be at par with KCB if not higher. But from dividend angle and for dividend hunters like me, please give me more KCB and take away your Equity. WHY ? 3.5 bob VS 2.0 bob dividend the difference is clear. KCB also paying dividend twice (interim and final) is also salulatory to us non resident foreigners and retirees like me (income). KCB is a balanced counter , investing in growth and also compensating shareholders accordingly . Equity is on aggressive growth only . Different strokes to different folks. Strictly old papa mzee@Young opinion . Soon even coop bank may catch up to Equity bank in terms of amount of money paid out as dividend Dividend payout for banking stocks FY2018 KCB---Ksh.10.75bn Equity bank---Ksh.7.54bn Stanchart----ksh.6.53bn Barclays---Ksh.5.97bn Coop---Ksh.5.9bn Of all the banks listed, I think Equity has the best potential for growth over the next 5-10 years with the recent acquisitions in DRC and of Atlas Mara banks. For those looking for a higher dividend yield in the near future then KCB or SCBK may be a better option. Different strokes for different folks. We wait and see Points of concern in both entities: Kcb-G.o.K and nssf combined ownership of 23%.This brings fears of meddling. Equity- How will it survive post James Mwangi? Numbers favour Kcb as Equity has appeared lethargic in recent years. Towards the goal of financial freedom
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Ericsson wrote:VituVingiSana wrote:Ericsson wrote:young wrote:Ericsson wrote:Kcb share price on upward trend while equity bank on downward.
Kcb has just completed acquisition of NBK while equity bank is in the process of acquiring Atlas mara banking assets To me based on their current prices, Equity is underpriced , it should be at par with KCB if not higher. But from dividend angle and for dividend hunters like me, please give me more KCB and take away your Equity. WHY ? 3.5 bob VS 2.0 bob dividend the difference is clear. KCB also paying dividend twice (interim and final) is also salulatory to us non resident foreigners and retirees like me (income). KCB is a balanced counter , investing in growth and also compensating shareholders accordingly . Equity is on aggressive growth only . Different strokes to different folks. Strictly old papa mzee@Young opinion . Soon even coop bank may catch up to Equity bank in terms of amount of money paid out as dividend Dividend payout for banking stocks FY2018 KCB---Ksh.10.75bn Equity bank---Ksh.7.54bn Stanchart----ksh.6.53bn Barclays---Ksh.5.97bn Coop---Ksh.5.9bn Of all the banks listed, I think Equity has the best potential for growth over the next 5-10 years with the recent acquisitions in DRC and of Atlas Mara banks. For those looking for a higher dividend yield in the near future then KCB or SCBK may be a better option. Different strokes for different folks. We wait and see Waiting game this. However, any banking stock you buy of tier 1 banks including NCBA should do well in the long term as banking stocks are grossly undervalued. Nonetheless, consider this KCB is solidifying their bread and butter before venturing out. Was it 20% in market share? NBK acquisition alone is worth more than the 2 DRC banks. Also looking at EQUITY FY the impact of these other markets is currently insignificant considering they have been in UG/RW etc for a while.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Horton wrote:Ericsson wrote:VituVingiSana wrote:Ericsson wrote:young wrote:Ericsson wrote:Kcb share price on upward trend while equity bank on downward.
Kcb has just completed acquisition of NBK while equity bank is in the process of acquiring Atlas mara banking assets To me based on their current prices, Equity is underpriced , it should be at par with KCB if not higher. But from dividend angle and for dividend hunters like me, please give me more KCB and take away your Equity. WHY ? 3.5 bob VS 2.0 bob dividend the difference is clear. KCB also paying dividend twice (interim and final) is also salulatory to us non resident foreigners and retirees like me (income). KCB is a balanced counter , investing in growth and also compensating shareholders accordingly . Equity is on aggressive growth only . Different strokes to different folks. Strictly old papa mzee@Young opinion . Soon even coop bank may catch up to Equity bank in terms of amount of money paid out as dividend Dividend payout for banking stocks FY2018 KCB---Ksh.10.75bn Equity bank---Ksh.7.54bn Stanchart----ksh.6.53bn Barclays---Ksh.5.97bn Coop---Ksh.5.9bn Of all the banks listed, I think Equity has the best potential for growth over the next 5-10 years with the recent acquisitions in DRC and of Atlas Mara banks. For those looking for a higher dividend yield in the near future then KCB or SCBK may be a better option. Different strokes for different folks. We wait and see Waiting game this. However, any banking stock you buy of tier 1 banks including NCBA should do well in the long term as banking stocks are grossly undervalued. Nonetheless, consider this KCB is solidifying their bread and butter before venturing out. Was it 20% in market share? NBK acquisition alone is worth more than the 2 DRC banks. Also looking at EQUITY FY the impact of these other markets is currently insignificant considering they have been in UG/RW etc for a while. KCB may acquire Consolidated bank Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
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i also see Cytonn has ranked I&M as number 1 in their buy recommendations
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Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
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My biggest fear with banking stocks is that the NPLs are being understated and the economy seems to be hurtling towards the abyss with increasing speed which can only make the NPLs worse or does the lending to GOK rather than to SMEs /Wanjiku make the situation less serious?
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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Facts foretold and now unfolded ...EQUITY Vs KCB https://www.businessdail...6434-42mvnrz/index.html
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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KCB is the country's biggest bank by assets and profitability. Business daily are avoiding stating profitability Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Ericsson wrote:KCB is the country's biggest bank by assets and profitability. Business daily are avoiding stating profitability “ KCB on Wednesday closed trading with a market value of Sh133.6 billion, trailing Equity’s Sh135.4 billion by just Sh1.8 billion as the convergence in their paper value intensified. On April 8, 2018, Equity had a lead of Sh40 billion as its market capitalisation stood at Sh205.6 billion compared to KCB’s Sh165.5 billion.” Sensationalist reporting, It should read “ Equity market cap falls significantly” or “KCB holds better value in bear market” Because technically KCB hasn’t “risen” in the traditional way of things
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Horton wrote:Ericsson wrote:KCB is the country's biggest bank by assets and profitability. Business daily are avoiding stating profitability “ KCB on Wednesday closed trading with a market value of Sh133.6 billion, trailing Equity’s Sh135.4 billion by just Sh1.8 billion as the convergence in their paper value intensified. On April 8, 2018, Equity had a lead of Sh40 billion as its market capitalisation stood at Sh205.6 billion compared to KCB’s Sh165.5 billion.” Sensationalist reporting, It should read “ Equity market cap falls significantly” or “KCB holds better value in bear market” Because technically KCB hasn’t “risen” in the traditional way of things Githeri media and gazetti ya kufunga nyama Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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If Equity bank share price continues going down,KCB may also catch the cold and it's share price start sliding. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Ericsson wrote:If Equity bank share price continues going down,KCB may also catch the cold and it's share price start sliding. Oooh I wish u are right. Waiting on the sidelines
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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Ericsson wrote:If Equity bank share price continues going down,KCB may also catch the cold and it's share price start sliding. The market was reacting to the news of Equity taking over Cables loans. Towards the goal of financial freedom
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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KCB touching a high of 43.90 and Equity bank doing more than 6 million shares in today's early trading .
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Rank: Member Joined: 3/9/2010 Posts: 320 Location: kenya
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Leo it seems Equity bank has woken up with a huge demand.  Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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cyruskulei wrote:Leo it seems Equity bank has woken up with a huge demand. Member looking to take down the whole of Septembers trading volumes,35M, in one day   @SufficientlyP
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Sufficiently Philanga....thropic wrote:cyruskulei wrote:Leo it seems Equity bank has woken up with a huge demand. Member looking to take down the whole of Septembers trading volumes,35M, in one day Can even reach 80mn Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/10/2014 Posts: 969 Location: Kenya
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Sufficiently Philanga....thropic wrote:cyruskulei wrote:Leo it seems Equity bank has woken up with a huge demand. Member looking to take down the whole of Septembers trading volumes,35M, in one day Someone must be exiting big
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