Welcome to the Equity Group [@KeEquityBank] Q1 2022 Earnings brief.
You can follow the proceedings on YouTube. We will be live-tweeting the key points in a thread below this Tweet.
#Equity2022Q1Results #MwangoInsights
Equity Bank Group [@KeEquityBank] Balance Sheet 2020-2021:
#Equity2020Q1Results #MwangoInsights
Equity Bank Group [@KeEquityBank] Economic Recovery Outlook: Regional CBR and Currency Depreciation
#Equity2020Q1Results #MwangoInsights
Equity Bank Group [@KeEquityBank] Economic Recovery Outlook: GDP growth projected to slow down in majority of the regional counties
#Equity2020Q1Results #MwangoInsights
Equity Bank Group [@KeEquityBank] Balance Sheet Q1 2021 Vs Q1 2022:
#Equity2020Q1Results #MwangoInsights
Equity Bank Group [@KeEquityBank]
Regional subsidiaries continued to gain market share with their total revenue contribution to the group growing to 40% (KES 12.8B)
Subsidiaries profit after tax contribution increased 30% to KES 3.6B
#Equity2020Q1Results #MwangoInsights
Equity Bank Group [@KeEquityBank]
Turn on average equity for subsidiaries student 23.6% against the cost capital ratio of 21% with both Equity Bank Uganda and Equity Bank Rwanda joining Equity Bank Kenya to register return on average assets above 4%
#Equity2020Q1Results
Equity Bank Group [@KeEquityBank]
⬛Strategic pursuit of quality growth so non-performing loans declined to 8.6% down from 11.13%
#Equity2020Q1Results #MwangoInsights
Equity Bank Group [@KeEquityBank]
⬛ Innovation and Digitisation: The group's digital transactions were 32x more than the ATM and Physical branches combined
#Equity2020Q1Results #MwangoInsights
Equity Bank [@KeEquityBank]
Innovation and Digitisation: The total number of digital transactions grew over 823%
#Equity2020Q1Results #MwangoInsights
Equity Bank [@KeEquityBank]
The combined efficiency gains in net interest margin growth to 6.8% up from 6.4% as a result of efficient asset allocation, improved performance of subsidiaries, declining cost of credit risk and cost efficiencies of digitisation
#Equity2020Q1Results
Equity Bank [@KeEquityBank] Q1 2022 Results
Cost income ratio declined to 45.3% down from 49.8% while profit-after-tax grew by 36% to KES 11.9 billion FROM 8.7 billion the previous year
#Equity2020Q1Results #MwangoInsights
Equity Bank [@KeEquityBank] Q1 2022 Results
Financial Ratios:
#Equity2020Q1Results #MwangoInsights
Equity Bank [@KeEquityBank] Q1 2022 Results
2025 Strategy Framework: equity groups 2025 strategy is a multi-pronged and holistic solution to achieve social and economic transformation in Africa.
#Equity2020Q1Results #MwangoInsights
Equity Bank [@KeEquityBank] Q1 2022 Results
Transformation Plan deliverables and objectives:
#Equity2020Q1Results #MwangoInsights
Equity Bank [@KeEquityBank] Q1 2022 Results
2022 Guidance Vs Actual:
#Equity2020Q1Results #MwangoInsights
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