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February 24, 2025 at 12:31 PM
This week's stock recommendation by Faida Investment Bank 📈
Buy:
1⃣KCB Bank
2⃣Equity Bank
KCB Bank – with a 49.0% growth in its profit after tax for the first nine months ended September 2024(Q3) to KES 30.7 billion and a 3.4% dividend yield.
Equity Bank- with a 13.1% rise in profit after tax to KES 40.9 billion in Q3 2024 from KES 36.2 billion in Q3 2023. The stock offers an attractive dividend yield of 8.5%.
Are these stocks in your portfolio?