Diamond Trust Bank(DTB) Net Earnings increased to KSh 4.4 Billion in 2021 compared to KSh 3.5 Billion over a similar period in 2020, an increase of 25.7%.
The Group’s loans and advances to customers increased to KSh 220.4 Billion in 2021 from KSh 208.6 Billion in 2020.
Customer Deposits increased to KSh 331.4 Billion in 2021 from KSh 298.2 Billion in 2020.
Shareholders Equity, what owners of the firm would be paid were it to be liquidated, increased to KSh 67.3 Billion in 2021 from KSh 61.9 Billion in 2020.
Gross Non-Performing Loans(NPL) increased to KSh 30.1 Billion in 2021 from KSh 22.8 Billion in 2020, while loan loss provisions increased from KSh 9.6 Billion in 2020 to KSh 11.4 Billion in 2021.
The Group’s Pre-Tax Profit increased to KSh 6.6 Billion in 2021 from KSh 4.7 Billion in 2020.
Earnings per Share(EPS), which measures a firm’s profitability, improved to KSh 13.98 in 2021 from KSh 11.61 in 2020.
DTB Group’s total interest income, derived from loans and advances; government securities as well as deposits from other financial institutions, increased to KSh 33.9 Billion in 2021 from KSh 31.1 Billion in 2020, while total interest expenses increased to KSh 13.9 Billion in 2021 from KSh 13 Billion in 2020.
The Group’s total non-interest income, derived from fees and commissions on loans, forex trading income, dividend income and other incomes, increased to KSh 6.3 Billion in 2021 from KSh 6.1 Billion in 2020.
The Group’s total operating income increased to KSh 26.3 Billion in 2021 from KSh 24.2 Billion in 2020.
Based on the year-end results achieved, the Directors will recommend to the Shareholders at the Annual General Meeting payment of a first and final dividend of 75.0% (i.e. at the rate of KSh 3.00 per share) for the year 2021 on the issued and paid-up share capital of KSh 1,118,408,880, subject to withholding tax, where applicable.
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