View ValuationKCB Group 향후 성장Future 기준 점검 2/6KCB Group은 연간 수입과 매출이 각각 14.6%와 19% 증가할 것으로 예상되고 EPS는 연간 12.7%만큼 증가할 것으로 예상됩니다.핵심 정보14.6%이익 성장률12.70%EPS 성장률Banks 이익 성장13.0%매출 성장률19.0%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트16 Jun 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesReported Earnings • May 22First quarter 2026 earnings released: EPS: KSh5.54 (vs KSh5.01 in 1Q 2025)First quarter 2026 results: EPS: KSh5.54 (up from KSh5.01 in 1Q 2025). Revenue: KSh48.7b (up 11% from 1Q 2025). Net income: KSh17.8b (up 11% from 1Q 2025). Profit margin: 37% (in line with 1Q 2025). Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.New Risk • May 07New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 9.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.공고 • Apr 29KCB Group PLC, Annual General Meeting, May 21, 2026KCB Group PLC, Annual General Meeting, May 21, 2026, at 10:00 Central Asia Standard Time.Declared Dividend • Mar 14Dividend of KSh3.00 announcedShareholders will receive a dividend of KSh3.00. Ex-date: 7th April 2026 Payment date: 1st January 1970 Dividend yield will be 7.5%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (18% payout ratio) and is expected to be well covered in 3 years' time (28% forecast payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 27% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 13Full year 2025 earnings releasedFull year 2025 results: Revenue: KSh312.7b (up 79% from FY 2024). Net income: KSh114.4b (up 90% from FY 2024). Profit margin: 37% (up from 34% in FY 2024). The increase in margin was driven by higher revenue. Revenue is expected to decline by 12% p.a. on average during the next 2 years, while revenues in the Banks industry in Africa are expected to grow by 13%.New Risk • Mar 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 16% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 23Third quarter 2025 earnings released: EPS: KSh4.52 (vs KSh4.78 in 3Q 2024)Third quarter 2025 results: EPS: KSh4.52 (down from KSh4.78 in 3Q 2024). Revenue: KSh45.0b (up 5.2% from 3Q 2024). Net income: KSh14.5b (down 5.4% from 3Q 2024). Profit margin: 32% (down from 36% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Upcoming Dividend • Aug 31Upcoming dividend of KSh4.00 per shareEligible shareholders must have bought the stock before 04 September 2025. Payment date: 11 November 2025. Payout ratio is a comfortable 7.7% and this is well supported by cash flows. Trailing yield: 5.5%. Lower than top quartile of Ugandan dividend payers (10%). Higher than average of industry peers (3.2%).Declared Dividend • Aug 16First half dividend of KSh4.00 announcedShareholders will receive a dividend of KSh4.00. Ex-date: 4th September 2025 Payment date: 11th November 2025 Dividend yield will be 3.1%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (28% payout ratio) and is expected to be well covered in 3 years' time (25% forecast payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 15Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: KSh42.4b (up 5.2% from 2Q 2024). Net income: KSh15.4b (up 18% from 2Q 2024). Profit margin: 36% (up from 33% in 2Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Banks industry in Africa.공고 • Jun 03Access Bank PLC completed the acquisition of National Bank of Kenya Limited from KCB Group PLC (NASE:KCB)Access Bank PLC entered into a binding agreement to acquire National Bank of Kenya Limited from KCB Group PLC (NASE:KCB) on March 20, 2024. The successful completion of the transaction is subject to conditions that are customary for transactions of this nature including receipt all regulatory approvals from, amongst others, the Central Bank of Kenya, the Central Bank of Nigeria, the COMESA Competition Commission, and notifications to other relevant regulators. As on April 4, 2025, the transaction is approved by the approved by the Central Bank of Kenya and as on April 10, 2025, transaction is approved by the Cabinet Secretary for the National Treasury and Economic Planning. The acquisition and transfer of assets and liabilities to KCB Bank Kenya Limited are subject to completion of the transaction in accordance with the terms of the Agreement between the parties. As of August 22, 2024, Pursuant to Article 13(4) of the Regulations, there is established a Committee Responsible for Initial Determinations, referred to as the CID has approved the merger on May 4, 2024. Access Bank PLC completed the acquisition of National Bank of Kenya Limited from KCB Group PLC (NASE:KCB) on June 2, 2025.공고 • May 31+ 1 more updateKCB Group PLC to Report First Half, 2025 Results on Aug 13, 2025KCB Group PLC announced that they will report first half, 2025 results on Aug 13, 2025Reported Earnings • May 06Full year 2024 earnings released: EPS: KSh18.70 (vs KSh11.26 in FY 2023)Full year 2024 results: EPS: KSh18.70 (up from KSh11.26 in FY 2023). Revenue: KSh174.7b (up 33% from FY 2023). Net income: KSh60.1b (up 66% from FY 2023). Profit margin: 34% (up from 28% in FY 2023). The increase in margin was driven by higher revenue. Non-performing loans: 18.02% (up from 17.29% in FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.공고 • May 01KCB Group PLC, Annual General Meeting, May 22, 2025KCB Group PLC, Annual General Meeting, May 22, 2025, at 10:00 E. Africa Standard Time.Upcoming Dividend • Mar 28Upcoming dividend of KSh1.50 per shareEligible shareholders must have bought the stock before 04 April 2025. Payment date: 23 May 2025. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 7.1%. Lower than top quartile of Ugandan dividend payers (13%). Higher than average of industry peers (4.9%).공고 • Mar 25KCB Group PLC (NASE:KCB) have signed a binding agreement to acquire 75% stake in Riverbank Solutions Ltd.KCB Group PLC (NASE:KCB) have signed a binding agreement to acquire 75% stake in Riverbank Solutions Ltd on March 25, 2025. The successful completion of the transaction is subject to conditions that are customary for transactions of this nature including receipt of regulatory approvals from, amongst others, the Central Bank of Kenya. Once the transaction is completed, Riverbank will become a subsidiary of KCB Group Plc.Reported Earnings • Mar 18Full year 2024 earnings released: EPS: KSh18.70 (vs KSh11.26 in FY 2023)Full year 2024 results: EPS: KSh18.70 (up from KSh11.26 in FY 2023). Revenue: KSh174.9b (up 33% from FY 2023). Net income: KSh60.1b (up 66% from FY 2023). Profit margin: 34% (up from 28% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.공고 • Nov 19KCB Group PLC to Report Q3, 2024 Results on Nov 20, 2024KCB Group PLC announced that they will report Q3, 2024 results on Nov 20, 2024Upcoming Dividend • Sep 06Upcoming dividend of KSh1.50 per shareEligible shareholders must have bought the stock before 13 September 2024. Payment date: 30 October 2024. Payout ratio is a comfortable 9.6% but the company is not cash flow positive. Trailing yield: 8.9%. Lower than top quartile of Ugandan dividend payers (13%). Higher than average of industry peers (5.1%).Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: KSh4.31 (vs KSh1.90 in 2Q 2023)Second quarter 2024 results: EPS: KSh4.31 (up from KSh1.90 in 2Q 2023). Revenue: KSh40.3b (up 34% from 2Q 2023). Net income: KSh13.8b (up 127% from 2Q 2023). Profit margin: 34% (up from 20% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Reported Earnings • May 25First quarter 2024 earnings released: EPS: KSh20.52 (vs KSh2.96 in 1Q 2023)First quarter 2024 results: EPS: KSh20.52 (up from KSh2.96 in 1Q 2023). Revenue: KSh42.2b (up 29% from 1Q 2023). Net income: KSh16.1b (up 69% from 1Q 2023). Profit margin: 38% (up from 29% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.공고 • May 06KCB Group PLC, Annual General Meeting, May 23, 2024KCB Group PLC, Annual General Meeting, May 23, 2024, at 10:00 E. Africa Standard Time. Agenda: To receive, consider and, if thought fit, adopt the Audited Consolidated Financial Statements for the year ending 31 December 2023 together with the reports of the Directors, the Group Chairman, the Group Chief Executive Officer and the Auditor thereon; to note that the Directors do not recommend the payment of a dividend for the financial year ended 31 December 2023; to consider board changes; and to consider other matters.Reported Earnings • Mar 23Full year 2023 earnings released: EPS: KSh11.26 (vs KSh12.64 in FY 2022)Full year 2023 results: EPS: KSh11.26 (down from KSh12.64 in FY 2022). Revenue: KSh131.6b (up 13% from FY 2022). Net income: KSh36.2b (down 11% from FY 2022). Profit margin: 28% (down from 35% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.공고 • Mar 22Access Holdings Plc (NGSE:ACCESSCORP) agreed to acquire National Bank of Kenya Limited from KCB Group PLC (NASE:KCB).Access Holdings Plc (NGSE:ACCESSCORP) agreed to acquire National Bank of Kenya Limited from KCB Group PLC (NASE:KCB) on March 20, 2024. The successful completion of the transaction is subject to conditions that are customary for transactions of this nature including receipt all regulatory approvals from, amongst others, the Central Bank of Kenya, the Central Bank of Nigeria, the COMESA Competition Commission, and notifications to other relevant regulators.Reported Earnings • Nov 29Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: KSh38.5b (up 27% from 3Q 2022). Net income: KSh14.3b (up 36% from 3Q 2022). Profit margin: 37% (up from 35% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Banks industry in Africa.Reported Earnings • Aug 29Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: KSh30.1b (up 5.7% from 2Q 2022). Net income: KSh6.09b (down 37% from 2Q 2022). Profit margin: 20% (down from 34% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • May 08Full year 2022 earnings released: EPS: KSh12.64 (vs KSh10.61 in FY 2021)Full year 2022 results: EPS: KSh12.64 (up from KSh10.61 in FY 2021). Revenue: KSh116.4b (up 23% from FY 2021). Net income: KSh40.6b (up 19% from FY 2021). Profit margin: 35% (down from 36% in FY 2021). The decrease in margin was driven by higher expenses. Non-performing loans: 24.05% (up from 16.41% in FY 2021). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Board Change • Apr 22High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Joseph Kinyua was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Apr 04Upcoming dividend of KSh1.00 per share at 5.5% yieldEligible shareholders must have bought the stock before 11 April 2023. Payment date: 26 May 2023. Trailing yield: 5.5%. Lower than top quartile of Ugandan dividend payers (10.0%). In line with average of industry peers (5.9%).Reported Earnings • Mar 21Full year 2022 earnings released: EPS: KSh12.71 (vs KSh10.61 in FY 2021)Full year 2022 results: EPS: KSh12.71 (up from KSh10.61 in FY 2021). Revenue: KSh116.7b (up 23% from FY 2021). Net income: KSh40.6b (up 19% from FY 2021). Profit margin: 35% (down from 36% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Upcoming Dividend • Nov 30Upcoming dividend of KSh1.00 per shareEligible shareholders must have bought the stock before 07 December 2022. Payment date: 13 January 2023. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 7.9%. Lower than top quartile of Ugandan dividend payers (10%). Higher than average of industry peers (5.5%).Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Anuja Pandit was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 28Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: KSh28.5b (up 17% from 2Q 2021). Net income: KSh9.73b (up 9.1% from 2Q 2021). Profit margin: 34% (down from 37% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 23%, compared to a 22% growth forecast for the Banks industry in Africa.Board Change • Aug 12High number of new directorsIndependent Non-Executive Director Alice Kirenge was the last director to join the board, commencing their role in 2021.Reported Earnings • May 15Full year 2021 earnings released: EPS: KSh10.61 (vs KSh6.10 in FY 2020)Full year 2021 results: EPS: KSh10.61 (up from KSh6.10 in FY 2020). Revenue: KSh94.9b (up 40% from FY 2020). Net income: KSh34.1b (up 74% from FY 2020). Profit margin: 36% (up from 29% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 26%, compared to a 20% growth forecast for the banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Upcoming Dividend • Apr 19Upcoming dividend of KSh2.00 per shareEligible shareholders must have bought the stock before 26 April 2022. Payment date: 26 June 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 9.3%. Lower than top quartile of Ugandan dividend payers (9.4%). Higher than average of industry peers (5.2%).Reported Earnings • Mar 19Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: KSh10.64 (up from KSh6.10 in FY 2020). Revenue: KSh95.6b (up 40% from FY 2020). Net income: KSh34.1b (up 74% from FY 2020). Profit margin: 36% (up from 29% in FY 2020). The increase in margin was driven by higher revenue. Cost-to-income ratio: 44.0% (down from 45.4% in FY 2020). Revenue exceeded analyst estimates by 1.0%. Over the next year, revenue is forecast to grow 25%, compared to a 23% growth forecast for the banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Upcoming Dividend • Dec 03Upcoming dividend of KSh1.00 per shareEligible shareholders must have bought the stock before 10 December 2021. Payment date: 14 January 2022. Trailing yield: 2.4%. Lower than top quartile of Ugandan dividend payers (8.6%). Lower than average of industry peers (4.4%).Reported Earnings • Nov 22Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2021 results: EPS: KSh2.45 (up from KSh1.03 in 3Q 2020). Revenue: KSh26.0b (up 72% from 3Q 2020). Net income: KSh9.87b (up 198% from 3Q 2020). Profit margin: 38% (up from 22% in 3Q 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.5%. Over the next year, revenue is forecast to grow 24%, compared to a 25% growth forecast for the industry in Africa. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 21Second quarter 2021 earnings released: EPS KSh2.78 (vs KSh0.41 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: KSh24.4b (up 75% from 2Q 2020). Net income: KSh8.92b (up KSh7.61b from 2Q 2020). Profit margin: 37% (up from 9.4% in 2Q 2020). The increase in margin was driven by higher revenue.Reported Earnings • May 28First quarter 2021 earnings released: EPS KSh1.98The company reported a solid first quarter result with improved earnings, although revenues and profit margins were flat. First quarter 2021 results: Revenue: KSh20.2b (flat on 1Q 2020). Net income: KSh6.38b (up 1.8% from 1Q 2020). Profit margin: 32% (in line with 1Q 2020).Upcoming Dividend • Apr 21Upcoming dividend of KSh1.00 per shareEligible shareholders must have bought the stock before 27 April 2021. Payment date: 03 July 2021. Trailing yield: 2.4%. Lower than top quartile of Ugandan dividend payers (9.9%). Lower than average of industry peers (3.7%).Reported Earnings • Mar 20Full year 2020 earnings released: EPS KSh6.10 (vs KSh7.83 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: KSh68.9b (down 8.7% from FY 2019). Net income: KSh19.6b (down 22% from FY 2019). Profit margin: 28% (down from 33% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS KSh1.03The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: KSh15.1b (down 17% from 3Q 2019). Net income: KSh3.31b (down 49% from 3Q 2019). Profit margin: 22% (down from 35% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.이익 및 매출 성장 예측UGSE:KCB - 애널리스트 향후 추정치 및 과거 재무 데이터 (KES Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2027252,08984,537N/AN/A212/31/2026223,89574,600N/AN/A23/31/2026178,28965,294N/AN/AN/A12/31/2025173,39563,568-136,988-126,832N/A9/30/2025180,68361,603N/AN/AN/A6/30/2025178,44962,438190,972201,107N/A3/31/2025176,33960,121N/AN/AN/A12/31/2024164,14858,863207,775217,910N/A9/30/2024155,21050,751N/AN/AN/A6/30/2024151,00349,736-519,425-515,299N/A3/31/2024140,89542,732N/AN/AN/A12/31/2023131,45836,176-338,435-334,309N/A9/30/2023132,91740,083N/AN/AN/A6/30/2023123,77036,68768,17473,496N/A3/31/2023122,15740,328N/AN/AN/A12/31/2022116,38140,61316,54624,339N/A9/30/2022109,21939,378N/AN/AN/A6/30/2022105,78238,313-104,824-101,024N/A3/31/2022101,69737,505N/AN/AN/A12/31/202194,92034,092-92,547-88,747N/A9/30/202189,66033,885N/AN/AN/A6/30/202178,83427,327-72,634-67,929N/A3/31/202168,33919,718N/AN/AN/A12/31/202067,94919,604-82,476-77,771N/A9/30/202070,73116,893N/AN/AN/A6/30/202073,87520,020-101,394-95,739N/A3/31/202077,87025,653N/AN/AN/A12/31/201974,94825,165N/A-109,027N/A9/30/201970,22325,114N/AN/AN/A6/30/201969,60424,607N/A-64,502N/A3/31/201970,08724,585N/AN/AN/A12/31/201868,85923,995N/A-39,069N/A9/30/201867,89822,672N/AN/AN/A6/30/201867,64421,554N/AN/AN/A3/31/201866,88820,345N/AN/AN/A12/31/201765,47119,704N/A-27,332N/A9/30/201768,25520,446N/AN/AN/A6/30/201766,62919,703N/AN/AN/A3/31/201766,48819,635N/AN/AN/A12/31/201665,65319,723N/A-22,850N/A9/30/201661,95421,836N/AN/AN/A6/30/201659,58520,882N/AN/AN/A3/31/201657,62519,890N/AN/AN/A12/31/201556,84819,623N/A-51,535N/A9/30/201555,62118,101N/AN/AN/A더 보기애널리스트 향후 성장 전망수입 대 저축률: KCB 의 연간 예상 수익 증가율(14.6%)이 saving rate(15.1%) 미만입니다.수익 vs 시장: KCB 의 연간 수익(14.6%)이 UG 시장(14.7%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: KCB 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: KCB 의 수익(연간 19%)이 UG 시장(연간 -24.1%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: KCB 의 수익(연간 19%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: KCB의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YBanks 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/01 17:52종가2026/07/31 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스KCB Group PLC는 7명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Timothy WambuAbsa Bank LimitedJaap MeijerArqaam Capital Research Offshore S.A.L.Craig MetherellAvior Capital Markets4명의 분석가 더 보기
Reported Earnings • May 22First quarter 2026 earnings released: EPS: KSh5.54 (vs KSh5.01 in 1Q 2025)First quarter 2026 results: EPS: KSh5.54 (up from KSh5.01 in 1Q 2025). Revenue: KSh48.7b (up 11% from 1Q 2025). Net income: KSh17.8b (up 11% from 1Q 2025). Profit margin: 37% (in line with 1Q 2025). Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
New Risk • May 07New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 9.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
공고 • Apr 29KCB Group PLC, Annual General Meeting, May 21, 2026KCB Group PLC, Annual General Meeting, May 21, 2026, at 10:00 Central Asia Standard Time.
Declared Dividend • Mar 14Dividend of KSh3.00 announcedShareholders will receive a dividend of KSh3.00. Ex-date: 7th April 2026 Payment date: 1st January 1970 Dividend yield will be 7.5%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (18% payout ratio) and is expected to be well covered in 3 years' time (28% forecast payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 27% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 13Full year 2025 earnings releasedFull year 2025 results: Revenue: KSh312.7b (up 79% from FY 2024). Net income: KSh114.4b (up 90% from FY 2024). Profit margin: 37% (up from 34% in FY 2024). The increase in margin was driven by higher revenue. Revenue is expected to decline by 12% p.a. on average during the next 2 years, while revenues in the Banks industry in Africa are expected to grow by 13%.
New Risk • Mar 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 16% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 23Third quarter 2025 earnings released: EPS: KSh4.52 (vs KSh4.78 in 3Q 2024)Third quarter 2025 results: EPS: KSh4.52 (down from KSh4.78 in 3Q 2024). Revenue: KSh45.0b (up 5.2% from 3Q 2024). Net income: KSh14.5b (down 5.4% from 3Q 2024). Profit margin: 32% (down from 36% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Upcoming Dividend • Aug 31Upcoming dividend of KSh4.00 per shareEligible shareholders must have bought the stock before 04 September 2025. Payment date: 11 November 2025. Payout ratio is a comfortable 7.7% and this is well supported by cash flows. Trailing yield: 5.5%. Lower than top quartile of Ugandan dividend payers (10%). Higher than average of industry peers (3.2%).
Declared Dividend • Aug 16First half dividend of KSh4.00 announcedShareholders will receive a dividend of KSh4.00. Ex-date: 4th September 2025 Payment date: 11th November 2025 Dividend yield will be 3.1%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (28% payout ratio) and is expected to be well covered in 3 years' time (25% forecast payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 15Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: KSh42.4b (up 5.2% from 2Q 2024). Net income: KSh15.4b (up 18% from 2Q 2024). Profit margin: 36% (up from 33% in 2Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Banks industry in Africa.
공고 • Jun 03Access Bank PLC completed the acquisition of National Bank of Kenya Limited from KCB Group PLC (NASE:KCB)Access Bank PLC entered into a binding agreement to acquire National Bank of Kenya Limited from KCB Group PLC (NASE:KCB) on March 20, 2024. The successful completion of the transaction is subject to conditions that are customary for transactions of this nature including receipt all regulatory approvals from, amongst others, the Central Bank of Kenya, the Central Bank of Nigeria, the COMESA Competition Commission, and notifications to other relevant regulators. As on April 4, 2025, the transaction is approved by the approved by the Central Bank of Kenya and as on April 10, 2025, transaction is approved by the Cabinet Secretary for the National Treasury and Economic Planning. The acquisition and transfer of assets and liabilities to KCB Bank Kenya Limited are subject to completion of the transaction in accordance with the terms of the Agreement between the parties. As of August 22, 2024, Pursuant to Article 13(4) of the Regulations, there is established a Committee Responsible for Initial Determinations, referred to as the CID has approved the merger on May 4, 2024. Access Bank PLC completed the acquisition of National Bank of Kenya Limited from KCB Group PLC (NASE:KCB) on June 2, 2025.
공고 • May 31+ 1 more updateKCB Group PLC to Report First Half, 2025 Results on Aug 13, 2025KCB Group PLC announced that they will report first half, 2025 results on Aug 13, 2025
Reported Earnings • May 06Full year 2024 earnings released: EPS: KSh18.70 (vs KSh11.26 in FY 2023)Full year 2024 results: EPS: KSh18.70 (up from KSh11.26 in FY 2023). Revenue: KSh174.7b (up 33% from FY 2023). Net income: KSh60.1b (up 66% from FY 2023). Profit margin: 34% (up from 28% in FY 2023). The increase in margin was driven by higher revenue. Non-performing loans: 18.02% (up from 17.29% in FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
공고 • May 01KCB Group PLC, Annual General Meeting, May 22, 2025KCB Group PLC, Annual General Meeting, May 22, 2025, at 10:00 E. Africa Standard Time.
Upcoming Dividend • Mar 28Upcoming dividend of KSh1.50 per shareEligible shareholders must have bought the stock before 04 April 2025. Payment date: 23 May 2025. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 7.1%. Lower than top quartile of Ugandan dividend payers (13%). Higher than average of industry peers (4.9%).
공고 • Mar 25KCB Group PLC (NASE:KCB) have signed a binding agreement to acquire 75% stake in Riverbank Solutions Ltd.KCB Group PLC (NASE:KCB) have signed a binding agreement to acquire 75% stake in Riverbank Solutions Ltd on March 25, 2025. The successful completion of the transaction is subject to conditions that are customary for transactions of this nature including receipt of regulatory approvals from, amongst others, the Central Bank of Kenya. Once the transaction is completed, Riverbank will become a subsidiary of KCB Group Plc.
Reported Earnings • Mar 18Full year 2024 earnings released: EPS: KSh18.70 (vs KSh11.26 in FY 2023)Full year 2024 results: EPS: KSh18.70 (up from KSh11.26 in FY 2023). Revenue: KSh174.9b (up 33% from FY 2023). Net income: KSh60.1b (up 66% from FY 2023). Profit margin: 34% (up from 28% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
공고 • Nov 19KCB Group PLC to Report Q3, 2024 Results on Nov 20, 2024KCB Group PLC announced that they will report Q3, 2024 results on Nov 20, 2024
Upcoming Dividend • Sep 06Upcoming dividend of KSh1.50 per shareEligible shareholders must have bought the stock before 13 September 2024. Payment date: 30 October 2024. Payout ratio is a comfortable 9.6% but the company is not cash flow positive. Trailing yield: 8.9%. Lower than top quartile of Ugandan dividend payers (13%). Higher than average of industry peers (5.1%).
Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: KSh4.31 (vs KSh1.90 in 2Q 2023)Second quarter 2024 results: EPS: KSh4.31 (up from KSh1.90 in 2Q 2023). Revenue: KSh40.3b (up 34% from 2Q 2023). Net income: KSh13.8b (up 127% from 2Q 2023). Profit margin: 34% (up from 20% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Reported Earnings • May 25First quarter 2024 earnings released: EPS: KSh20.52 (vs KSh2.96 in 1Q 2023)First quarter 2024 results: EPS: KSh20.52 (up from KSh2.96 in 1Q 2023). Revenue: KSh42.2b (up 29% from 1Q 2023). Net income: KSh16.1b (up 69% from 1Q 2023). Profit margin: 38% (up from 29% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
공고 • May 06KCB Group PLC, Annual General Meeting, May 23, 2024KCB Group PLC, Annual General Meeting, May 23, 2024, at 10:00 E. Africa Standard Time. Agenda: To receive, consider and, if thought fit, adopt the Audited Consolidated Financial Statements for the year ending 31 December 2023 together with the reports of the Directors, the Group Chairman, the Group Chief Executive Officer and the Auditor thereon; to note that the Directors do not recommend the payment of a dividend for the financial year ended 31 December 2023; to consider board changes; and to consider other matters.
Reported Earnings • Mar 23Full year 2023 earnings released: EPS: KSh11.26 (vs KSh12.64 in FY 2022)Full year 2023 results: EPS: KSh11.26 (down from KSh12.64 in FY 2022). Revenue: KSh131.6b (up 13% from FY 2022). Net income: KSh36.2b (down 11% from FY 2022). Profit margin: 28% (down from 35% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
공고 • Mar 22Access Holdings Plc (NGSE:ACCESSCORP) agreed to acquire National Bank of Kenya Limited from KCB Group PLC (NASE:KCB).Access Holdings Plc (NGSE:ACCESSCORP) agreed to acquire National Bank of Kenya Limited from KCB Group PLC (NASE:KCB) on March 20, 2024. The successful completion of the transaction is subject to conditions that are customary for transactions of this nature including receipt all regulatory approvals from, amongst others, the Central Bank of Kenya, the Central Bank of Nigeria, the COMESA Competition Commission, and notifications to other relevant regulators.
Reported Earnings • Nov 29Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: KSh38.5b (up 27% from 3Q 2022). Net income: KSh14.3b (up 36% from 3Q 2022). Profit margin: 37% (up from 35% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Banks industry in Africa.
Reported Earnings • Aug 29Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: KSh30.1b (up 5.7% from 2Q 2022). Net income: KSh6.09b (down 37% from 2Q 2022). Profit margin: 20% (down from 34% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • May 08Full year 2022 earnings released: EPS: KSh12.64 (vs KSh10.61 in FY 2021)Full year 2022 results: EPS: KSh12.64 (up from KSh10.61 in FY 2021). Revenue: KSh116.4b (up 23% from FY 2021). Net income: KSh40.6b (up 19% from FY 2021). Profit margin: 35% (down from 36% in FY 2021). The decrease in margin was driven by higher expenses. Non-performing loans: 24.05% (up from 16.41% in FY 2021). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Board Change • Apr 22High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Joseph Kinyua was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Apr 04Upcoming dividend of KSh1.00 per share at 5.5% yieldEligible shareholders must have bought the stock before 11 April 2023. Payment date: 26 May 2023. Trailing yield: 5.5%. Lower than top quartile of Ugandan dividend payers (10.0%). In line with average of industry peers (5.9%).
Reported Earnings • Mar 21Full year 2022 earnings released: EPS: KSh12.71 (vs KSh10.61 in FY 2021)Full year 2022 results: EPS: KSh12.71 (up from KSh10.61 in FY 2021). Revenue: KSh116.7b (up 23% from FY 2021). Net income: KSh40.6b (up 19% from FY 2021). Profit margin: 35% (down from 36% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Nov 30Upcoming dividend of KSh1.00 per shareEligible shareholders must have bought the stock before 07 December 2022. Payment date: 13 January 2023. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 7.9%. Lower than top quartile of Ugandan dividend payers (10%). Higher than average of industry peers (5.5%).
Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Anuja Pandit was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 28Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: KSh28.5b (up 17% from 2Q 2021). Net income: KSh9.73b (up 9.1% from 2Q 2021). Profit margin: 34% (down from 37% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 23%, compared to a 22% growth forecast for the Banks industry in Africa.
Board Change • Aug 12High number of new directorsIndependent Non-Executive Director Alice Kirenge was the last director to join the board, commencing their role in 2021.
Reported Earnings • May 15Full year 2021 earnings released: EPS: KSh10.61 (vs KSh6.10 in FY 2020)Full year 2021 results: EPS: KSh10.61 (up from KSh6.10 in FY 2020). Revenue: KSh94.9b (up 40% from FY 2020). Net income: KSh34.1b (up 74% from FY 2020). Profit margin: 36% (up from 29% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 26%, compared to a 20% growth forecast for the banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 19Upcoming dividend of KSh2.00 per shareEligible shareholders must have bought the stock before 26 April 2022. Payment date: 26 June 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 9.3%. Lower than top quartile of Ugandan dividend payers (9.4%). Higher than average of industry peers (5.2%).
Reported Earnings • Mar 19Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: KSh10.64 (up from KSh6.10 in FY 2020). Revenue: KSh95.6b (up 40% from FY 2020). Net income: KSh34.1b (up 74% from FY 2020). Profit margin: 36% (up from 29% in FY 2020). The increase in margin was driven by higher revenue. Cost-to-income ratio: 44.0% (down from 45.4% in FY 2020). Revenue exceeded analyst estimates by 1.0%. Over the next year, revenue is forecast to grow 25%, compared to a 23% growth forecast for the banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Dec 03Upcoming dividend of KSh1.00 per shareEligible shareholders must have bought the stock before 10 December 2021. Payment date: 14 January 2022. Trailing yield: 2.4%. Lower than top quartile of Ugandan dividend payers (8.6%). Lower than average of industry peers (4.4%).
Reported Earnings • Nov 22Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2021 results: EPS: KSh2.45 (up from KSh1.03 in 3Q 2020). Revenue: KSh26.0b (up 72% from 3Q 2020). Net income: KSh9.87b (up 198% from 3Q 2020). Profit margin: 38% (up from 22% in 3Q 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.5%. Over the next year, revenue is forecast to grow 24%, compared to a 25% growth forecast for the industry in Africa. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 21Second quarter 2021 earnings released: EPS KSh2.78 (vs KSh0.41 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: KSh24.4b (up 75% from 2Q 2020). Net income: KSh8.92b (up KSh7.61b from 2Q 2020). Profit margin: 37% (up from 9.4% in 2Q 2020). The increase in margin was driven by higher revenue.
Reported Earnings • May 28First quarter 2021 earnings released: EPS KSh1.98The company reported a solid first quarter result with improved earnings, although revenues and profit margins were flat. First quarter 2021 results: Revenue: KSh20.2b (flat on 1Q 2020). Net income: KSh6.38b (up 1.8% from 1Q 2020). Profit margin: 32% (in line with 1Q 2020).
Upcoming Dividend • Apr 21Upcoming dividend of KSh1.00 per shareEligible shareholders must have bought the stock before 27 April 2021. Payment date: 03 July 2021. Trailing yield: 2.4%. Lower than top quartile of Ugandan dividend payers (9.9%). Lower than average of industry peers (3.7%).
Reported Earnings • Mar 20Full year 2020 earnings released: EPS KSh6.10 (vs KSh7.83 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: KSh68.9b (down 8.7% from FY 2019). Net income: KSh19.6b (down 22% from FY 2019). Profit margin: 28% (down from 33% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS KSh1.03The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: KSh15.1b (down 17% from 3Q 2019). Net income: KSh3.31b (down 49% from 3Q 2019). Profit margin: 22% (down from 35% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.