CompaniesEarnings Watch

Co-operative bank [@Coopbankenya] net profit for FY 2020 was down ~32% but will still issue a dividend.

Co-operative bank [@Coopbankenya] net profit for FY 2020 was down ~32% but will still issue a dividend.
Frontier Africa Reports By Frontier Africa Reports • March 18, 2021 at 3:27 PM GMT+1

Notable Items:

  • Interest income was up ~12% to Kshs. 48.84B.
  • Loan loss provisions were up ~58% to 5.1B
  • Other operating expenses were up ~45% to 12.62B