Standard Bank 1H26 headline earnings rise 10% to R26.1 billion
Reuters2026/08/13 05:46- Standard Bank posted 1H26 headline earnings up 10% to R26.1 billion, lifting headline EPS 10% to 1,609.8 cents.
- Basic EPS climbed 11% to 1,615.6 cents, while total net income rose 4% to R98.98 billion.
- ROE improved 0.7 percentage points to 19.8%, while the banking cost-to-income ratio edged down 0.2 percentage points to 49.3%.
- Interim dividend rose 10% to 902 cents per share, implying a 56% payout ratio.
- Management cited lower credit impairment charges, with 72% of staff using generative AI tools and 78% of migratable compute in the cloud.
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