Standard Bank Group

Financial highlights

Find below key financial indicators and other high level financial information for Standard Bank Group

Standard Bank Group at a glance
R297 billion
market capitalisation
R3.0 billion
total assets
R272 billion
total equity
R1.4 trillion
assets under management

Overview

Standard Bank Group is listed on the JSE and A2X, with share code SBK, and the Namibian Stock Exchange, share code SNB. As at 30 June 2023, the group’s market capitalisation was R297 billion (USD14.5 billion).

The group's headline earnings for the six month period ended 30 June 2023 were R21.2 billion (USD1.2 billion) and total assets were R3.0 trillion (USD160.6 billion).

As at 30 June 2023, Standard Bank had over 18.2 million clients, employed over 49 000 people (including Liberty) and had over 1000 branches and approximately 6 000 ATMs on the African continent.
Key financial metrics
Key financial ratios

Balance sheet

  June 2023
(ZAR m)
June 2022
(ZAR m)
Change
(%)
Gross loans and advances 1 435 1 318 9
Total assets 3 029 2 807 8
Deposits 1 976 1 842 7
Shareholders equity 213 210 10

Income Statement

  1H23
(ZAR m)
1H22
(ZAR m)
Change
(%)
Total income 75 311 59 123 27
Operating expenses (38 067) (32 787) 16
Pre-provision operating profit 37 244 26 336 41
Credit impairment charges (8 445) (5 928) 42
Banking headline earnings 18 705 13 170 42
Insurance and Asset Management headline earnings 1 377 1 119 23
Group headline earnings 21 231 15 691 35

Per share breakdown

  1H23
(ZAR)
1H22
(ZAR)
Change
(%)
Headline earnings per share 1280.6 955.5 34
Dividend per share 690 515 34

Ratios

  1H23 1H22
Cost-to-income ratio 50.5 % 55.5 %
Credit loss ratio 97 bps 82 bps
ROE 18.9 % 15.7 %
Dividend payout ratio 54 % 54 %
Common equity tier 1 ratio 13.4 % 13.7 %
Results and reports
Here you can find information about the group’s latest and historical financial results, integrated and society reports and presentations, as well as circular and other ad hoc documents.