Kenyan Listed Banking Sector Quarterly Earnings and Operating Metrics slide image

Kenyan Listed Banking Sector Quarterly Earnings and Operating Metrics

Financial Statements Extracts KCB Group's PAT is expected to grow at a 5-year CAGR of 19.0% Income Statement Net Interest Income 2019 2020 2021 2022f 56.1 67.9 77.7 91.1 Non Funded Income Total Operating Income Loan Loss Provision Other Operating Expenses Total Operating Expenses Profit Before Tax 28.2 28.5 30.9 36.8 84.3 96.4 108.6 127.9 8.9 27.5 13.0 13.6 38.5 43.2 47.8 57.5 47.4 70.7 60.5 71.1 36.9 25.7 47.8 56.7 % PAT Change YoY 4.9% (22.1%) 74.3% 16.2% EPS 7.8 6.1 10.6 12.4 DPS 3.5 1.0 2.0 2.2 Cost to Income (with LLP) 56.2% 73.3% 56.0% 55.6% NIM 8.2% 8.5% 8.4% 8.1% ROE 20.7% 14.4% 21.8% 27.0% ROA 3.1% 2.1% 3.2% 4.1% Balance Sheet Net Loans and Advances Government Securities Other Assets Total Assets Customer Deposits Other Liabilities Total Liabilities Shareholders Equity Number of Shares 2019 2020 2021 2022f 539.7 595.3 675.5 868.5 164.9 208.8 270.8 329.3 194.0 183.8 193.4 273.6 898.6 987.8 1,139.7 1471.4 686.6 767.2 837.1 1070.7 82.2 78.2 129.0 177.9 768.8 845.4 966.2 1248.6 129.7 142.4 171.7 220.4 3.2 3.2 3.2 3.2 Book value Per share 40.4 44.3 53.4 68.6 % Change in BPS YOY 7.5% 9.8% 20.6% 28.4% 47
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