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KCB FY 2016 earnings flat +1%
Rank: Elder Joined: 9/15/2006 Posts: 3,901
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 These results show the clear culprit is loan loss provisions. Seems the boom years resulted in largesse (in ageing branches) which was covered up by exorbitant loans. 
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Rank: Elder Joined: 9/15/2006 Posts: 3,901
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But a proposed final dividend of 3/= per share is a lucrative pay-out of 11.5%
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Rank: Veteran Joined: 11/2/2006 Posts: 1,206 Location: Nairobi
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muganda wrote:But a proposed final dividend of 3/= per share is a lucrative pay-out of 11.5% Is this confirmed?? Formally employed people often live their employers' dream & forget about their own.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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muganda wrote:But a proposed final dividend of 3/= per share is a lucrative pay-out of 11.5% Nothing lucrative there.Just preparing you for rights issue.This is purely a bait. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 8/10/2014 Posts: 955 Location: Kenya
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I thought KCB had thinning core capital....dividend rise was not expected
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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bird_man wrote:muganda wrote:But a proposed final dividend of 3/= per share is a lucrative pay-out of 11.5% Is this confirmed?? Confirmed "The KCB Group AGM will be held on 21st April 2017. The Proposed final dividend will be Sh3 per share" Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: New-farer Joined: 10/14/2016 Posts: 25 Location: Nairobi
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These results are interesting. On the balance sheet, customer deposits growth of only 6% against public notion that with the rate caps and tier three banks struggling, funds would have naturally gone to the big banks. Balances to other banks down 43% (who are funding the small banks since also their deposits have also stagnated?), growth in deposits in 2014/2015 was only 13%.
When you look at lending, higher by 11%, in 2014/2015 was 22% which is obvious from the capping law.
In terms of cash, there are questions not answered. @muganda, any chance we can see the cash flow statement.
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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Spikes wrote:muganda wrote:But a proposed final dividend of 3/= per share is a lucrative pay-out of 11.5% Nothing lucrative there.Just preparing you for rights issue.This is purely a bait. Hakuna rights issue Wewe meza mate watu wakila nyama Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 7/21/2010 Posts: 6,175 Location: nairobi
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watesh wrote:I thought KCB had thinning core capital....dividend rise was not expected 2017 is a killer year for banks, the only hope is lifting the rate cap "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Ericsson wrote:Spikes wrote:muganda wrote:But a proposed final dividend of 3/= per share is a lucrative pay-out of 11.5% Nothing lucrative there.Just preparing you for rights issue.This is purely a bait. Hakuna rights issue Wewe meza mate watu wakila nyama Good lucky. I know the market is hyped it can rise as high as 40/- John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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muganda wrote:But a proposed final dividend of 3/= per share is a lucrative pay-out of 11.5% Questionable, very suspicious. Muganda some people here may not understand that what pay out ratio is. Please do mind to explain, elaborate compare and contrast with the sectors average. I suspect fattening for slaughter  ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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muandiwambeu wrote:muganda wrote:But a proposed final dividend of 3/= per share is a lucrative pay-out of 11.5% Questionable, very suspicious. Muganda some people here may not understand that what pay out ratio is. Please do mind to explain, elaborate compare and contrast with the sectors average. I suspect fattening for slaughter Payout ratio is 47% of after tax profit Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 5/30/2016 Posts: 217 Location: Talai
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muganda wrote:But a proposed final dividend of 3/= per share is a lucrative pay-out of 11.5% EXTREMELY! This is what will save an entire generation of wasuans.. Watch and Listen and Live
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Rank: Veteran Joined: 8/10/2014 Posts: 955 Location: Kenya
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My analysis on interest income KCB Bank (assuming its the Kenyan unit from the statements provided)
Q1 2016 - 14.39
Q2 2016 - 14.43
Q3 2016 - 14.86
Q4 2016 - 12.5
As compared to 2015
Q1 2015 - 10.63
Q2 2015 - 11.89
Q3 2015 - 11.99
Q4 2015 - 14.2
Interest rate cap had an impact....a couple of billions gone. Through increased volumes kind of compensated. From this i can say Q1 2017 will be stagnant or drop....
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Rank: Veteran Joined: 4/4/2016 Posts: 1,996 Location: Kitale
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Spikes wrote:muganda wrote:But a proposed final dividend of 3/= per share is a lucrative pay-out of 11.5% Nothing lucrative there.Just preparing you for rights issue.This is purely a bait. Bring it on! Towards the goal of financial freedom
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Spikes wrote:Ericsson wrote:Spikes wrote:muganda wrote:But a proposed final dividend of 3/= per share is a lucrative pay-out of 11.5% Nothing lucrative there.Just preparing you for rights issue.This is purely a bait. Hakuna rights issue Wewe meza mate watu wakila nyama Good lucky. I know the market is hyped it can rise as high as 40/- 40 ni ndoto za mchana.. Lakini 30 is reality
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Veteran Joined: 4/4/2016 Posts: 1,996 Location: Kitale
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bird_man wrote:muganda wrote:But a proposed final dividend of 3/= per share is a lucrative pay-out of 11.5% Is this confirmed?? yes its confirmed. Towards the goal of financial freedom
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Spikes wrote:Ericsson wrote:Spikes wrote:muganda wrote:But a proposed final dividend of 3/= per share is a lucrative pay-out of 11.5% Nothing lucrative there.Just preparing you for rights issue.This is purely a bait. Hakuna rights issue Wewe meza mate watu wakila nyama Good lucky. I know the market is hyped it can rise as high as 40/- 40 ni ndoto za mchana.. Lakini 30 is reality Kwa hivyo sahii ni kubaya? John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 6/15/2013 Posts: 301
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watesh wrote:My analysis on interest income KCB Bank (assuming its the Kenyan unit from the statements provided)
Q1 2016 - 14.39
Q2 2016 - 14.43
Q3 2016 - 14.86
Q4 2016 - 12.5
As compared to 2015
Q1 2015 - 10.63
Q2 2015 - 11.89
Q3 2015 - 11.99
Q4 2015 - 14.2
Interest rate cap had an impact....a couple of billions gone. Through increased volumes kind of compensated. From this i can say Q1 2017 will be stagnant or drop.... Wah didn't think interest rate caps law would affect the banks so soon in Q4. Does KCB issue interim ama 3/= is first and final DVD?
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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The dividends are also been paid earlier this year (May 26) compared to previous period when they have been paying in July and late June Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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KCB FY 2016 earnings flat +1%
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