Reported Earnings • May 05
Full year 2025 earnings released: EPS: KSh32.47 (vs KSh52.65 in FY 2024) Full year 2025 results: EPS: KSh32.47 (down from KSh52.65 in FY 2024). Revenue: KSh40.1b (down 17% from FY 2024). Net income: KSh12.4b (down 38% from FY 2024). Profit margin: 31% (down from 41% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 01
Standard Chartered Bank Kenya Limited, Annual General Meeting, May 21, 2026 Standard Chartered Bank Kenya Limited, Annual General Meeting, May 21, 2026, at 11:00 E. Africa Standard Time. Upcoming Dividend • Apr 27
Upcoming dividend of KSh23.00 per share Eligible shareholders must have bought the stock before 04 May 2026. Payment date: 21 May 2026. Payout ratio is on the higher end at 95% but the company is not cash flow positive. Trailing yield: 8.8%. Within top quartile of Kenyan dividend payers (7.7%). Higher than average of industry peers (7.6%). Reported Earnings • Mar 19
Full year 2025 earnings released: EPS: KSh32.47 (vs KSh52.65 in FY 2024) Full year 2025 results: EPS: KSh32.47 (down from KSh52.65 in FY 2024). Revenue: KSh40.3b (down 17% from FY 2024). Net income: KSh12.4b (down 38% from FY 2024). Profit margin: 31% (down from 41% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Feb 15
Price target decreased by 7.1% to KSh296 Down from KSh319, the current price target is an average from 2 analysts. New target price is 12% below last closing price of KSh337. Stock is up 16% over the past year. The company posted earnings per share of KSh52.65 last year. Reported Earnings • Nov 27
Third quarter 2025 earnings released: EPS: KSh4.42 (vs KSh14.61 in 3Q 2024) Third quarter 2025 results: EPS: KSh4.42 (down from KSh14.61 in 3Q 2024). Revenue: KSh9.78b (down 22% from 3Q 2024). Net income: KSh1.70b (down 70% from 3Q 2024). Profit margin: 17% (down from 44% in 3Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 05
Upcoming dividend of KSh8.00 per share Eligible shareholders must have bought the stock before 12 September 2025. Payment date: 07 October 2025. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 14%. Within top quartile of Kenyan dividend payers (7.7%). Higher than average of industry peers (8.5%). Reported Earnings • May 04
Full year 2024 earnings released: EPS: KSh52.65 (vs KSh36.17 in FY 2023) Full year 2024 results: EPS: KSh52.65 (up from KSh36.17 in FY 2023). Revenue: KSh48.3b (up 28% from FY 2023). Net income: KSh20.1b (up 47% from FY 2023). Profit margin: 42% (up from 36% in FY 2023). The increase in margin was driven by higher revenue. Net interest margin (NIM): 12.60% (up from 10.40% in FY 2023). Cost-to-income ratio: 39.8% (down from 43.8% in FY 2023). Non-performing loans: 4.78% (down from 6.84% in FY 2023). Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 29% per year. Announcement • Apr 30
Standard Chartered Bank Kenya Limited, Annual General Meeting, May 28, 2025 Standard Chartered Bank Kenya Limited, Annual General Meeting, May 28, 2025, at 11:00 E. Africa Standard Time. Upcoming Dividend • Apr 25
Upcoming dividend of KSh37.00 per share Eligible shareholders must have bought the stock before 02 May 2025. Payment date: 28 May 2025. Payout ratio is on the higher end at 85% but the company is not cash flow positive. Trailing yield: 15%. Within top quartile of Kenyan dividend payers (10%). Higher than average of industry peers (10%). Reported Earnings • Mar 21
Full year 2024 earnings released: EPS: KSh52.65 (vs KSh36.17 in FY 2023) Full year 2024 results: EPS: KSh52.65 (up from KSh36.17 in FY 2023). Revenue: KSh48.3b (up 28% from FY 2023). Net income: KSh20.1b (up 47% from FY 2023). Profit margin: 42% (up from 36% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 29% per year. Reported Earnings • Nov 21
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: KSh12.6b (up 44% from 3Q 2023). Net income: KSh5.56b (up 97% from 3Q 2023). Profit margin: 44% (up from 32% in 3Q 2023). The increase in margin was driven by higher revenue. Price Target Changed • Oct 12
Price target increased by 16% to KSh236 Up from KSh203, the current price target is an average from 2 analysts. New target price is 9.5% above last closing price of KSh215. Stock is up 32% over the past year. The company posted earnings per share of KSh36.17 last year. Announcement • Sep 20
Standard Chartered Bank Kenya Limited to Report Nine Months, 2024 Results on Nov 20, 2024 Standard Chartered Bank Kenya Limited announced that they will report nine months, 2024 results on Nov 20, 2024 Upcoming Dividend • Sep 12
Upcoming dividend of KSh8.00 per share Eligible shareholders must have bought the stock before 19 September 2024. Payment date: 08 October 2024. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 15%. Within top quartile of Kenyan dividend payers (12%). Higher than average of industry peers (11%). Announcement • May 09
Standard Chartered Bank Kenya Limited, Annual General Meeting, May 30, 2024 Standard Chartered Bank Kenya Limited, Annual General Meeting, May 30, 2024. Agenda: To receive, consider and if thought fit, adopt the Annual Report and Financial Statements of the Company for the year ended 31 December 2023, together with the reports of the Directors, Statements of the Chairperson and Chief Executive Officer, and the Auditor's report thereon; To confirm the payment of one interim dividend of KShs. 83,309,589 declared on 22 November 2023 and paid on 29 December 2023 and to approve the payment of a final dividend of KShs. 84,690,411 on the non-redeemable, non-cumulative, non-voting, non-participating and non-convertible preference shares; To elect the Directors; to approve the Remuneration of Directors; and to consider other matters if any. Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to KSh165, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 4x in the Banks industry in Kenya. Total returns to shareholders of 97% over the past three years. Upcoming Dividend • Apr 15
Upcoming dividend of KSh23.00 per share Eligible shareholders must have bought the stock before 22 April 2024. Payment date: 30 May 2024. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 15%. Within top quartile of Kenyan dividend payers (11%). Higher than average of industry peers (11%). Price Target Changed • Mar 23
Price target increased by 15% to KSh197 Up from KSh171, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of KSh188. Stock is up 12% over the past year. The company posted earnings per share of KSh36.17 last year. Reported Earnings • Mar 15
Full year 2023 earnings released: EPS: KSh36.17 (vs KSh31.47 in FY 2022) Full year 2023 results: EPS: KSh36.17 (up from KSh31.47 in FY 2022). Revenue: KSh38.3b (up 19% from FY 2022). Net income: KSh13.8b (up 16% from FY 2022). Profit margin: 36% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 29
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: KSh8.87b (up 12% from 2Q 2022). Net income: KSh2.88b (up 9.0% from 2Q 2022). Profit margin: 33% (in line with 2Q 2022). Price Target Changed • Apr 18
Price target increased by 7.8% to KSh163 Up from KSh151, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of KSh171. Stock is up 18% over the past year. The company posted earnings per share of KSh31.47 last year. Upcoming Dividend • Apr 17
Upcoming dividend of KSh16.00 per share at 13% yield Eligible shareholders must have bought the stock before 24 April 2023. Payment date: 25 May 2023. Trailing yield: 13%. Within top quartile of Kenyan dividend payers (12%). Higher than average of industry peers (10.0%). Reported Earnings • Mar 19
Full year 2022 earnings released: EPS: KSh31.47 (vs KSh23.49 in FY 2021) Full year 2022 results: EPS: KSh31.47 (up from KSh23.49 in FY 2021). Revenue: KSh32.6b (up 22% from FY 2021). Net income: KSh12.1b (up 36% from FY 2021). Profit margin: 37% (up from 33% in FY 2021). The increase in margin was driven by higher revenue. 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 2% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Non-Executive Director Nivi Sharma was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Price Target Changed • Aug 27
Price target increased to KSh167 Up from KSh151, the current price target is provided by 1 analyst. New target price is 23% above last closing price of KSh136. Stock is down 2.9% over the past year. The company posted earnings per share of KSh23.49 last year. Reported Earnings • Aug 23
Second quarter 2022 earnings released: EPS: KSh7.00 (vs KSh6.47 in 2Q 2021) Second quarter 2022 results: EPS: KSh7.00 (up from KSh6.47 in 2Q 2021). Revenue: KSh7.95b (up 17% from 2Q 2021). Net income: KSh2.65b (up 6.3% from 2Q 2021). Profit margin: 33% (down from 37% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 12%, compared to a 27% growth forecast for the Banks industry in Kenya. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • May 12
Standard Chartered Bank Kenya Limited, Annual General Meeting, May 25, 2022 Standard Chartered Bank Kenya Limited, Annual General Meeting, May 25, 2022, at 08:00 Coordinated Universal Time. Agenda: To consider constitution of the annual general meeting; to consider annual report and financial statements for the year ended 31 December 2021; to consider Dividends; to consider Election of Directors; to consider Board Audit Committee; to consider Remuneration of Directors; to consider re-appointment and remuneration of Ernst & Young LLP Kenya; and to discuss other matters. Reported Earnings • May 02
Full year 2021 earnings released: EPS: KSh23.49 (vs KSh13.95 in FY 2020) Full year 2021 results: EPS: KSh23.49 (up from KSh13.95 in FY 2020). Revenue: KSh26.8b (up 16% from FY 2020). Net income: KSh8.88b (up 68% from FY 2020). Profit margin: 33% (up from 23% in FY 2020). Cost-to-income ratio: 50.0% (down from 59.0% in FY 2020). Non-performing loans: 10.09% (down from 10.11% in FY 2020). Over the next year, revenue is forecast to grow 20%, compared to a 26% growth forecast for the banks industry in Kenya. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 10% per year. Price Target Changed • Apr 27
Price target decreased to KSh151 Down from KSh167, the current price target is provided by 1 analyst. New target price is 5.8% above last closing price of KSh143. Stock is up 4.8% over the past year. The company posted earnings per share of KSh23.49 last year. Board Change • Apr 27
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Non-Executive Director Nivi Sharma was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Upcoming Dividend • Apr 21
Upcoming dividend of KSh14.00 per share Eligible shareholders must have bought the stock before 28 April 2022. Payment date: 25 May 2022. Trailing yield: 13%. Within top quartile of Kenyan dividend payers (9.3%). Higher than average of industry peers (8.5%). Price Target Changed • Mar 24
Price target decreased to KSh151 Down from KSh167, the current price target is provided by 1 analyst. New target price is 6.9% above last closing price of KSh141. Stock is down 3.7% over the past year. The company posted earnings per share of KSh23.49 last year. Reported Earnings • Mar 18
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: KSh23.49 (up from KSh13.96 in FY 2020). Revenue: KSh27.1b (up 17% from FY 2020). Net income: KSh9.04b (up 72% from FY 2020). Profit margin: 33% (up from 23% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 18%, compared to a 36% growth forecast for the banks industry in Kenya. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 11% per year. Upcoming Dividend • Dec 01
Upcoming dividend of KSh5.00 per share Eligible shareholders must have bought the stock before 08 December 2021. Payment date: 29 December 2021. Trailing yield: 7.8%. Lower than top quartile of Kenyan dividend payers (7.9%). Higher than average of industry peers (5.0%). Reported Earnings • Nov 21
Third quarter 2021 earnings released: EPS KSh3.40 (vs KSh2.38 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: KSh6.12b (up 6.2% from 3Q 2020). Net income: KSh1.48b (up 34% from 3Q 2020). Profit margin: 24% (up from 19% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 9% per year. Reported Earnings • Aug 26
Second quarter 2021 earnings released: EPS KSh6.47 (vs KSh3.45 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: KSh6.81b (up 21% from 2Q 2020). Net income: KSh2.49b (up 104% from 2Q 2020). Profit margin: 37% (up from 22% in 2Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 9% per year. Executive Departure • Jun 08
Independent Non-Executive Chairman of the Board Patrick E. Obath has left the company On the 31st of May, Patrick E. Obath's tenure as Independent Non-Executive Chairman of the Board ended after 2.0 years in the role. We don't have any record of a personal shareholding under Patrick E.'s name. Patrick E. is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.96 years. Upcoming Dividend • Apr 21
Upcoming dividend of KSh10.50 per share Eligible shareholders must have bought the stock before 28 April 2021. Payment date: 27 May 2021. Trailing yield: 7.4%. Within top quartile of Kenyan dividend payers (7.4%). Higher than average of industry peers (5.1%). Reported Earnings • Apr 06
Full year 2020 earnings released: EPS KSh13.95 (vs KSh21.36 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: KSh23.5b (down 16% from FY 2019). Net income: KSh5.44b (down 34% from FY 2019). Profit margin: 23% (down from 29% 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 5% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Feb 24
New 90-day low: KSh135 The company is down 10.0% from its price of KSh150 on 26 November 2020. The Kenyan market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 6.0% over the same period. Is New 90 Day High Low • Feb 05
New 90-day low: KSh136 The company is down 13% from its price of KSh157 on 06 November 2020. The Kenyan market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 3.0% over the same period. Is New 90 Day High Low • Jan 21
New 90-day low: KSh140 The company is down 9.0% from its price of KSh153 on 23 October 2020. The Kenyan market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 3.0% over the same period. Is New 90 Day High Low • Dec 23
New 90-day low: KSh146 The company is down 9.0% from its price of KSh160 on 24 September 2020. The Kenyan market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is KSh45.71 per share. Is New 90 Day High Low • Nov 25
New 90-day low: KSh147 The company is down 2.0% from its price of KSh150 on 27 August 2020. The Kenyan market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is KSh36.01 per share. Reported Earnings • Nov 25
Third quarter 2020 earnings released: EPS KSh2.38 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: KSh5.76b (down 14% from 3Q 2019). Net income: KSh1.10b (down 28% from 3Q 2019). Profit margin: 19% (down from 23% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Price Target Changed • Sep 25
Price target lowered to KSh177 Down from KSh191, the current price target is an average from 3 analysts. The new target price is 11% above the current share price of KSh160. As of last close, the stock is down 9.4% over the past year.