I find that @yekekeye defense on Equity childish and lame. Are you JM's kin?
Equity is too much smoke. No one can quantify the fire yet. When you look at profitability, please consider:
1. The bank still masquerade as a microfinance institution, and receive grants from donors. Is that usually accounted as profit?
2. Mkesho is benefiting safaricom more than equity. The stock to consider in light of mkesho is safaricom.
3. @yekkeye do you hold an account with equity? Its achille's heel shall be the poor, obstinate customer service. I am/ was amember (now dormant)i know what am talking about.
4. Try doing business with equity. You'll be amazed at the level of indiscretion and concentration of decision making at one person. Ending up with mundane solutions. Again, talking from experience.
5. Look at Equity's top management 2 yrs ago, last year and this year. Constant changes. Either the bank does not know how to recruit, or working there makes one an instant millionaire and after 1 year people retire. Is that a stable bank?
6. @yekekeyee believes what CEO says, what newspapers say. Too gullible for Wazua. WeWE NDIO BURE KABISA