KCB Group Future Growth

Future criteria checks 2/6

KCB Group is forecast to grow earnings and revenue by 13% and 18.7% per annum respectively. EPS is expected to grow by 12.3% per annum. Return on equity is forecast to be 20.6% in 3 years.

Key information

13.0%

Earnings growth rate

12.3%

EPS growth rate

Banks earnings growth	10.1%
Revenue growth rate	18.7%
Future return on equity	20.6%
Analyst coverage	Low
Last updated	02 Oct 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

UGSE:KCB - Analysts future estimates and past financials data (KES Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	256,525	69,075	N/A	N/A	2
12/31/2025	225,177	63,368	N/A	N/A	2
12/31/2024	198,608	54,953	N/A	N/A	2
6/30/2024	151,003	49,736	-519,425	-515,299	N/A
3/31/2024	140,895	42,732	N/A	N/A	N/A
12/31/2023	131,458	36,176	-344,144	-340,018	N/A
9/30/2023	132,917	40,083	N/A	N/A	N/A
6/30/2023	123,770	36,687	68,174	73,496	N/A
3/31/2023	122,157	40,328	N/A	N/A	N/A
12/31/2022	116,381	40,613	16,546	24,339	N/A
9/30/2022	109,219	39,378	N/A	N/A	N/A
6/30/2022	105,782	38,313	-104,824	-101,024	N/A
3/31/2022	101,697	37,505	N/A	N/A	N/A
12/31/2021	94,920	34,092	-92,547	-88,747	N/A
9/30/2021	89,660	33,885	N/A	N/A	N/A
6/30/2021	78,834	27,327	-72,634	-67,929	N/A
3/31/2021	68,339	19,718	N/A	N/A	N/A
12/31/2020	67,949	19,604	-82,476	-77,771	N/A
9/30/2020	70,731	16,893	N/A	N/A	N/A
6/30/2020	73,875	20,020	-101,394	-95,739	N/A
3/31/2020	77,870	25,653	N/A	N/A	N/A
12/31/2019	74,948	25,165	-114,682	-109,027	N/A
9/30/2019	70,223	25,114	N/A	N/A	N/A
6/30/2019	69,604	24,607	-68,382	-64,502	N/A
3/31/2019	70,087	24,585	N/A	N/A	N/A
12/31/2018	68,859	23,995	-42,949	-39,069	N/A
9/30/2018	67,898	22,672	N/A	N/A	N/A
6/30/2018	67,644	21,554	N/A	N/A	N/A
3/31/2018	66,888	20,345	N/A	N/A	N/A
12/31/2017	65,471	19,704	N/A	-27,332	N/A
9/30/2017	68,255	20,446	N/A	N/A	N/A
6/30/2017	66,629	19,703	N/A	N/A	N/A
3/31/2017	66,488	19,635	N/A	N/A	N/A
12/31/2016	65,653	19,723	N/A	-22,850	N/A
9/30/2016	61,954	21,836	N/A	N/A	N/A
6/30/2016	59,585	20,882	N/A	N/A	N/A
3/31/2016	57,625	19,890	N/A	N/A	N/A
12/31/2015	56,848	19,623	N/A	-51,535	N/A
9/30/2015	55,621	18,101	N/A	N/A	N/A
6/30/2015	54,903	17,919	N/A	N/A	N/A
3/31/2015	53,417	17,310	N/A	N/A	N/A
12/31/2014	52,095	16,849	N/A	-48,055	N/A
9/30/2014	50,508	16,008	N/A	N/A	N/A
6/30/2014	49,396	15,321	N/A	N/A	N/A
3/31/2014	48,061	15,210	N/A	-33,639	N/A
12/31/2013	46,867	14,341	N/A	-12,416	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: KCB's forecast earnings growth (13% per year) is below the savings rate (14.7%).

Earnings vs Market: KCB's earnings (13% per year) are forecast to grow slower than the UG market (18.6% per year).

High Growth Earnings: KCB's earnings are forecast to grow, but not significantly.

Revenue vs Market: KCB's revenue (18.7% per year) is forecast to grow faster than the UG market (5.5% per year).

High Growth Revenue: KCB's revenue (18.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: KCB's Return on Equity is forecast to be high in 3 years time (20.6%)

KCB Group Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Recent updates

KCB Group PLC to Report Q3, 2024 Results on Nov 20, 2024

Upcoming dividend of KSh1.50 per share

Second quarter 2024 earnings released: EPS: KSh4.31 (vs KSh1.90 in 2Q 2023)

First quarter 2024 earnings released: EPS: KSh20.52 (vs KSh2.96 in 1Q 2023)

KCB Group PLC, Annual General Meeting, May 23, 2024

Full year 2023 earnings released: EPS: KSh11.26 (vs KSh12.64 in FY 2022)

Access Holdings Plc (NGSE:ACCESSCORP) agreed to acquire National Bank of Kenya Limited from KCB Group PLC (NASE:KCB).

Third quarter 2023 earnings released

Second quarter 2023 earnings released

Full year 2022 earnings released: EPS: KSh12.64 (vs KSh10.61 in FY 2021)

High number of new directors

Upcoming dividend of KSh1.00 per share at 5.5% yield

Full year 2022 earnings released: EPS: KSh12.71 (vs KSh10.61 in FY 2021)

Upcoming dividend of KSh1.00 per share

High number of new directors

Second quarter 2022 earnings released

High number of new directors

KCB Group PLC (NASE:KCB) entered into a definitive agreement to acquire 85% stake in Trust Merchant Bank S.A.

Full year 2021 earnings released: EPS: KSh10.61 (vs KSh6.10 in FY 2020)

KCB Group PLC, Annual General Meeting, Jun 03, 2022

Upcoming dividend of KSh2.00 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Upcoming dividend of KSh1.00 per share

Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beat

Second quarter 2021 earnings released: EPS KSh2.78 (vs KSh0.41 in 2Q 2020)

First quarter 2021 earnings released: EPS KSh1.98

KCB Group PLC Proposes First and Final Dividend, Payable on or Before 26 June 2021

Upcoming dividend of KSh1.00 per share

Full year 2020 earnings released: EPS KSh6.10 (vs KSh7.83 in FY 2019)

KCB Group PLC (NASE:KCB) entered into definitive agreement to acquire 62.1% stake in Banque Populaire du Rwanda S.A from Atlas Mara Limited (LSE:ATMA).

Third quarter 2020 earnings released: EPS KSh1.03

KCB Group PLC (NASE:KCB) completed the acquisition of National Bank of Kenya Limited (NASE:NBK).

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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