Earnings Report /
Kenya

Diamond Trust Bank: Underwhelming 9M 21 performance as investors remain uninterested

  • Margins remain stable despite 10% yoy deposit growth and flat loan book growth

  • Operating costs decline 4% yoy as the bank benefits from post-expansion season

  • Reiterate Hold as asset quality, margin pressure and low fee income remain unaddressed

Faith Mwangi
Faith Mwangi

Equity Research Analyst, Financials (East Africa)

Tellimer Research
30 November 2021
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