Mwalimu National Sacco

Financial Performance Analysis

Latest: 2024

Key Financial Metrics (2024)

Total Assets

KES 68,886,914,000

2024 Performance

Dividend Rate

13.00%

Industry avg: ~5%

Net Income

KES 3,177,619,000

Annual net profit

Total Deposits

KES 52,190,000,000

Member deposits

Revenue

KES 9,300,000,000

Total revenue

Member Equity

KES 9,989,140,000

Total equity

Revenue Breakdown (2024)

Member Services

KES 180,942,000

Loan Interest

KES 7,994,160,000

Other Income

KES 1,140,195,000

Total Expenses

KES 3,460,887,000

Balance Sheet Summary (2024)

Opening Balance

KES 2,378,429,000

Reserves

KES 7,196,904,000

Closing Balance

KES 2,792,236,000

Assets Growth Over Time

Revenue & Expenses Trend

Financial Performance Over Time

Year Assets Liabilities Equity Dividend Rate Net Income Revenue Expenses Deposits Delinquency Ratio
2024 KES 68,886,914,000 KES 58,897,774,000 KES 9,989,140,000 13.00% KES 3,177,619,000 KES 9,300,000,000 KES 3,460,887,000 KES 52,190,000,000 1.93%
2023 KES 66,434,719,000 KES 57,255,386,000 KES 9,179,333,000 11.50% KES 2,356,195,000 KES 8,380,000,000 KES 2,808,349,000 KES 49,300,000,000 1.06%
2022 KES 64,056,039,000 KES 55,517,964,000 KES 8,538,075,000 10.50% KES 2,107,806,000 KES 7,711,289,000 KES 2,282,213,000 KES 47,290,143,000 0.00%
2021 KES 60,603,137,000 KES 52,698,873,000 KES 7,904,264,000 10.50% KES 2,062,515,000 KES 7,581,474,000 KES 2,683,541,000 KES 44,287,593,000 1.47%

Key Financial Ratios (2024)

Core Capital to Total Assets 14.50%
Regulatory minimum: 8%
Core Capital to Total Deposits 19.14%
Healthy range: 10-15%
Institutional Capital to Total Assets 5.35%
Interest on Members Deposit 999.99%
Liquid Assets Ratio 6.89%
Recommended: >20%
Expenses to Revenue 37.21%
Efficient: <80%
Loan Delinquency Ratio 1.93%
Risk threshold: >5%
External Borrowings Ratio 2.36%
Lower is better

Dividend & Delinquency Trends