NIC Bank Ltd

nic-bank

Company Overview:

NIC Bank Limited (the Bank) is engaged in the provision of retail and corporate banking, stock brokerage, banc assurance and investment banking services. The Bank’s operating segments include corporate and institutional banking, which targets medium to large corporate clientele and institutions; treasury dealing and brokerage, includes treasury dealing targets corporate clientele and institutions, with a focus on those with a foreign exchange component in their business, whereas the stock brokerage focuses on the execution of transactions at the Nairobi Securities Exchange; retail banking, which targets the mass affluent to high net worth and business banking clientele, with a focus on becoming the customers’ core deposit, transactional banker and financier and also includes its asset finance product; investment banking, which targets large and medium sized companies for research, advisory and capital restructuring requirements, and others. It operates in Kenya, Tanzania and Uganda.

 

Shares Issued:              635.95 M

Trading Year End:       December 31

 

NIC BANK LTD (NIC) TOP SHAREHOLDERS

 NAMEOWNERSHIP (%)
1.First Chartered Securities15.84
2.ICEA Asset Management Limited9.14
3.Livingstone Registrars Limited8.62
4.Rivel Kenya Limited8.29
5.Saimar Limited4.13
6.Amwa Holdings Limited2.10
7.Duncan Nderitu Ndegwa1.63
8. Makimwa Consultants Limited1.34
9. Standard Chartered Nominees1.13
10. Murwoki Holdings Limited1.07
11.Others53.29
Total100.00

 

NIC BANK LTD (NIC) FINANCIALS

  FY 2016 (Ksh.M)FY 2015 (Ksh.M)FY 2014 (Ksh.M)FY 2013 (Ksh.M)FY 2012 (Ksh.M)
1.Net Interest Income9,742,5337,998,1197,267,9795,483,868
Net Fee and Commission Income1,767,9031,467,2521,240,518988,840
Net Operating Income 12,045,6921,177,1259,330,3138,018,640
2.Operating Expenses(5,648,417)(4,946,475)(4,320,742)(3,500,673)
3.Profit Before Tax 6,397,2756.230,6505,009,5714,517,967
4.Tax (1,912,150)(2,113,976)(1,772,270)(1,481,173)
5.Profit after Tax 4,485,1254,116,6743,237,3013,036,794
6.Comprehensive Income 3,826,5974,079,8542,978,8133,108,161
7.P/E3.616.89.010.6
8.EPS11.667.007.07 6.126.03
9.DPS1.001.001.001.001.00