Equity Group Holdings Ltd. (EQTY)

equity-group

Company Overview;

Equity Group Holdings Limited, formerly known as Equity Bank Limited, is a Kenya-based commercial bank. The Company provides financial services to individuals and small and medium sized enterprises. The Company operates in six geographical markets: Kenya, Uganda, South Sudan, Rwanda, Tanzania and Democratic Republic of Congo. Its three customer facing lines of businesses include consumer, small and medium enterprises (SME’s) and corporate. The consumer business line focuses on salaried customers or customers receiving other regular remittances, such as pension. The facilities granted under its SME’s line of business are for purposes of meeting working capital needs, property development or acquisition of assets. The corporate line of business comprises large enterprises. The Company offers a range of products, including Equity loan, Vijana loan, Fanikisha loan, Farm input, Mortgage loan, Asset finance loan, Trade finance, Development loan, Business Loan and Biashara Imara.

 

Shares Issued:                         3.77B

Trading Year End:            December 31

 

Equity Group Holdings Ltd. Ownership (%)

 NameOwnership (%)
1.NORFININVEST AS11.99
2.BRITISH-AMERICAN INVESTMENTS COMPANY (KENYA) LIMITED6.35
3.EQUITY BANK EMPLOYEE SHARE OWNERSHIP PLAN3.81
4.JAMES NJUGUNA MWANGI3.39
5.FORTRESS HIGHLANDS LIMITED2.68
6.STANDARD CHARTERED NOMINEES NON-RESD. A/C 90692.47
7.EQUITY NOMINEES LIMITED A/C 001042.47
8.CFC STANBIC NOMINEES LTD A/C NR3530153-12.40
9.AIB NOMINEE A/C SOLIDUS HOLDINGS LTD2.39
10.ANDREW MWANGI KIMANI2.32
11.OTHER 28,889 SHAREHOLDERS59.74
TOTAL:100

 

Equity Group Holdings Ltd. Financials

  FY2016 (M Kshs)FY 2015 (M Kshs)FY 2014 (M Kshs)FY 2013 (M Kshs)FY2012 (M Kshs)
1.Gross Income:65,30453,84147,26042,103
Net Interest Income:33,92229,17526,49123,964
Other Operating Income: 7,0855,6884,9244,391
Other Comprehensive Income:15,04812,78610,4468,472
2. Gross Profit:56,05547,64941,86135,219
3.Expenses:29,66424,75920,65617,970
4.Profit Before Taxes:23,95822,36419,00417,420
5. Taxes:6,6315,2135,7265,340
6. Profit After Tax:17,32717,15113,27812,080
7.NPL Provision2,4331,5902,4021,608
8.P/E8.610.88.67.3
9.EPS4.654.633.593.26
10.DPS2.001.801.501.25

 

Dividend History;

First and final dividend of Ksh. 2.00 paid in April 2016

First and final dividend of Ksh. 1.80 paid in April 2015

First and final dividend of Ksh. 1.50 paid in April 2014

First and final dividend of Ksh. 1.25 paid in April 2013

First and final dividend of Ksh. 1.00 paid in April 2012

 

Share Splits/Bonus History;

10:1 split in 2009

2:1 bonus in 2007

 

Rights Issues;

None