Watch the issued share, dividend yield and year to year growth rate in KPIs

Agreed. None of KE's banks is forthright when it comes to valuation of their SS holding. It should be a complete write down in most if not all cases. Is the regulator complicit by turning a blind eye? Banks should not be allowed to carry dullard subsidiaries at such a high premium relative to fair value.

I thought banks wrote down over half of SS assets in 2015.

Plus in terms of materiality guys like Co op would not be hurt in the slightest if they wrote off SS assets.

Q3 2016,figures in KES B:
Equity 21.6 Actual 21.5
KCB 21.4 Actual 22.9
COOP 15.1 Actual 15.2
SCBK 11.3
BBK 8.9 Actual 8.7
DTB 7.9 Actual 7.8
I&M 7.2 Actual 7.3
CFC 5.2 Actual 4.8
NIC 5.1 Actual 4.7
HFCK 1.4 Actual 1.2
NBK 0.67 Actual 0.74
The exchange bar remains true to form. Ever guiding the keen trader to greener pastures. Even as we await SCBK, it's clear that the smaller banks are in a race to the bottom, while the big 3 are putting daylight between them and the others

It's not me you need to trust, but the exchange bar