I&M Holdings Plc, together with its subsidiaries, provides various banking products and services in Kenya, Tanzania, Rwanda, Uganda, and Mauritius.
Price History & Performance
|Historical stock prices|
|Current Share Price||KSh21.50|
|52 Week High||KSh20.50|
|52 Week Low||KSh27.25|
|1 Month Change||-5.08%|
|3 Month Change||0%|
|1 Year Change||-1.15%|
|3 Year Change||-9.47%|
|5 Year Change||-4.44%|
|Change since IPO||-14.00%|
Recent News & Updates
|IMH||KE Banks||KE Market|
Return vs Industry: IMH underperformed the KE Banks industry which returned 16.9% over the past year.
Return vs Market: IMH underperformed the KE Market which returned 30% over the past year.
Stable Share Price: IMH is less volatile than 75% of KE stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: IMH's weekly volatility (2%) has been stable over the past year.
About the Company
I&M Holdings Plc, together with its subsidiaries, provides various banking products and services in Kenya, Tanzania, Rwanda, Uganda, and Mauritius. The company offers personal and business accounts, savings accounts, and fixed deposits; and car/vehicle, home/mortgage, asset finance, and business loans, as well as trade finance. It also provides credit, debit, and prepaid cards; wealth management, and custody and investment services; bancassurance and insurance premium financing services; and transfer and payment, foreign exchange, e-commerce, cheque scanning, salary transfer, remittance, and online banking services.
I&M Holdings Fundamentals Summary
|IMH fundamental statistics|
Is IMH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IMH income statement (TTM)|
|Cost of Revenue||KSh0|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
|Earnings per share (EPS)||5.02|
|Net Profit Margin||38.34%|
How did IMH perform over the long term?See historical performance and comparison
5.2%Current Dividend Yield
Is I&M Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: IMH (KES21.5) is trading above our estimate of fair value (KES7.36)
Significantly Below Fair Value: IMH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: IMH is good value based on its PE Ratio (4.3x) compared to the KE Banks industry average (6.2x).
PE vs Market: IMH is good value based on its PE Ratio (4.3x) compared to the KE market (6.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate IMH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IMH is good value based on its PB Ratio (0.5x) compared to the KE Banks industry average (0.8x).
How is I&M Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as I&M Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has I&M Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IMH has high quality earnings.
Growing Profit Margin: IMH's current net profit margins (38.3%) are lower than last year (41.5%).
Past Earnings Growth Analysis
Earnings Trend: IMH's earnings have grown by 6.1% per year over the past 5 years.
Accelerating Growth: IMH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: IMH had negative earnings growth (-13.6%) over the past year, making it difficult to compare to the Banks industry average (-5.6%).
Return on Equity
High ROE: IMH's Return on Equity (12.4%) is considered low.
How is I&M Holdings's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: IMH's Assets to Equity ratio (5.2x) is low.
Allowance for Bad Loans: IMH has a low allowance for bad loans (55%).
Low Risk Liabilities: 93% of IMH's liabilities are made up of primarily low risk sources of funding.
Loan Level: IMH has an appropriate level of Loans to Assets ratio (53%).
Low Risk Deposits: IMH's Loans to Deposits ratio (71%) is appropriate.
Level of Bad Loans: IMH has a high level of bad loans (12.8%).
What is I&M Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IMH's dividend (5.23%) is higher than the bottom 25% of dividend payers in the KE market (4.19%).
High Dividend: IMH's dividend (5.23%) is low compared to the top 25% of dividend payers in the KE market (7.8%).
Stability and Growth of Payments
Stable Dividend: IMH has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: IMH has only been paying a dividend for 8 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (22.4%), IMH's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. C. Kihara Maina has been the Chief Executive and Director at I&M Bank Limited since joining in June 2016. Mr. Maina served as Treasurer of Barclays Bank Of Kenya Limited. He is the Chief Executive Offi...
Experienced Board: IMH's board of directors are considered experienced (6.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
I&M Holdings PLC's employee growth, exchange listings and data sources
- Name: I&M Holdings PLC
- Ticker: IMH
- Exchange: NASE
- Founded: 1950
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: KSh35.553b
- Shares outstanding: 1.65b
- Website: https://www.imbank.com
Number of Employees
- I&M Holdings PLC
- 1 Park Avenue
- 1st Parklands Avenue
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 14:03|
|End of Day Share Price||2021/10/15 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.