EQTY - Equity Group Holdings Limited
Equity Group Holdings Limited, formerly Equity Bank Limited, is a Kenya-based commercial bank engaged in the business of retail banking, microfinance, and related services to individuals, and small and medium sized enterprises. The company offers various banking products, including current, equity ordinary, super junior investment, Jijenge, equity business and current accounts, and call and fixed deposit accounts. The banking group, which also offers trade finance services such as letters of credit and invoice discounting, operates in six geographical markets, namely, Kenya, Uganda, South Sudan, Rwanda, Tanzania, and Democratic Republic of Congo.
Equity Group’s three customer facing lines of businesses include consumer, small and medium enterprises (SMEs), 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 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. Equity 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.
|Live Trading Feed|
|Day’s Low Price||51.00|
|Day’s High Price||51.50|
|Number of Deals||7|
|Growth & Valuation|
|Earnings Per Share||5.24|
|Dividend Per Share|
EQTY Stock Market Performance
The current share price of Equity Group Holdings Limited (EQTY) is KES 51.00. EQTY closed its last trading day (Friday, September 24, 2021) at 50.50 KES per share on the Nairobi Securities Exchange (NSE), recording a 0.5% drop from its previous closing price of 50.75 KES. Equity began the year with a share price of 36.55 KES and has since gained 38.2% on that price valuation, ranking it fourth on the NSE in terms of year-to-date performance. Investors should, however, take caution of EQTY’s recent bad performance, having lost 7% of its value in the past four weeks.
Equity Group Holdings is the third most traded stock on the Nairobi Securities Exchange over the past three months (Jun 29 - Sep 24, 2021). EQTY has traded a total volume of 82.3 million shares—in 4,735 deals—valued at KES 4.18 billion over the period, with an average of 1.31 million traded shares per session. A volume high of 5.33 million was achieved on August 31st, and a low of 38,900 on July 23rd, for the same period. The table below details the last 10 trading days of activity of Equity on the Nairobi Securities Exchange.
Profile of Equity Group Holdings Limited
Equity Group Holdings Limited was founded on October 22, 1984 and operates in the Financials sector, specifically, the Banking industry. Equity Group Holdings contracts an estimated total number of 6,580 employees.
|Factsheet of Equity Group Holdings Limited|
Equity Centre, 9th Floor, Hospital Hill Road, Upper Hill, P.O. Box 75104, Nairobi 00200, Kenya
EQTY Industrial Market Competitors
Equity Group Holdings Limited, issuers of the EQTY stock on the Nairobi Securities Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Banking industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
|BKG||BK Group Plc||25B||27.90||+36.1%|
|KCB||KCB Group Limited||145B||47.10||+23.6%|
|ABSA||Absa Bank Kenya Plc||57.3B||10.55||+9.21%|
|NCBA||NCBA Group Plc||40.5B||27.05||+1.12%|
|I&M||I&M Holdings Plc||19B||23.00||-48.9%|
|JUB||Jubilee Holdings Limited||26.7B||368.75||+29.8%|
|CIC||CIC Insurance Group Limited||7.14B||2.73||+28.2%|
|FAHR||STANLIB Fahari Income REIT||1.26B||6.98||+23.8%|
|HFCK||HF Group Limited||1.44B||4.08||+22.9%|
|NSE||Nairobi Securities Exchange Limited||2.36B||9.10||+11.5%|