KCB falls behind Equity in quarter one profit race

KCB chief executive Joshua Oigara (left) and Equity chief executive James Mwangi. FILE PHOTOS | NMG

KCB Group #ticker:KCB fell behind close rival Equity Group #ticker:EQTY in the race for the most profitable lender in the first three months of the year despite posting a net profit jump of 11.4 percent to Sh5.77 billion.

This marks the second year in a row that KCB has played second fiddle to Equity at the first quarter mark.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.