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 Net Income Revenue Expenses Deposits Delinquency
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 Assets 5.35%
Liquid Assets Ratio 6.89%
Recommended: >20%
Expenses to Revenue 37.21%
Efficient: <80%
Loan Delinquency Ratio 1.93%
Risk threshold: >5%

Dividend & Delinquency Trends