DTK | Diamond Trust Bank Group Q3'24 Earnings Note

    Diamond Trust Bank demonstrated resilient financial performance in the first nine months of 2024, delivering a 12.6% y/y increase in net earnings to KES 7.44Bn.

    Net interest margin marginally widened by 10bps y/y to 5.3%.

    Recommendation - We maintain our HOLD recommendation on Diamond Trust Bank on account of lackluster growth on its return on equity.

     

    Download (1.9 MB)

     

    Instagram - https://www.instagram.com/aib_axys_africa/
    AIB-AXYS Africa Ltd is the fusion of two established companies; AIB Capital Limited and Apex Africa Capital Limited, both with over 25 years of experience in the Securities market. With the solid reputation and experience of the professional teams, we leverage talent and networks to better service businesses and investors looking to capitalize on the African growth story, and its vibrant financial sector.
    Latest Reports

    POPULAR REPORTS