Our financial achievements

Total assets: R2.9 trillion

Market capitalisation of R284 billion (*USD17 billion) as at 31 December 2022

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R284bn

(*USD17 billion) market capitalisation

The group is listed on the JSE and A2X, with share code SBK, and the Namibian Stock Exchange, with share code SNB

R34.2bn

(*USD2.1 billion) Standard Bank Group’s headline earnings for the year

R2.9tn

(*USD170 billion) total assets

10.4%

Using any qualifying Standard Bank Personal Credit, Cheque or Debit Card

17.7m

Trusted clients

49 000

Employed (including Liberty)

1 021

Operating branches

6 600

Functional ATMs across Africa

Glossary of terms

Headline earnings
The total earnings of a company before deducting exceptional or non-recurring items, it represents the core operational earnings of the company.

Headline earnings per share (HEPS)
The portion of the company's headline earnings that is allocated to each outstanding share, HEPS provides a measure of the earnings generated on a per-share basis.

Net asset value per share
The value of a company's net assets (total assets minus total liabilities) divided by the number of outstanding shares, it indicates the value attributed to each share based on the company's net worth.

Dividend per share
The amount of dividend declared by the company for each outstanding share, it represents the portion of profits distributed to shareholders on a per-share basis.

Return on equity (ROE)
A financial ratio that measures the profitability and efficiency of a company by dividing its net income by shareholders' equity, ROE indicates the return generated on each unit of invested equity.

Cost to income ratio
A financial ratio that measures the efficiency of a company's operations by dividing its operating costs by its operating income, it reflects the percentage of revenue utilised for covering operating expenses.

Credit loss ratio
A financial metric that measures the proportion of credit losses, such as bad debts or loan defaults, relative to the total amount of credit extended by the company, it indicates the level of credit risk and potential financial losses.

Common equity tier 1 ratio
A regulatory measure of a bank's financial strength and capital adequacy, calculated by dividing its common equity tier 1 capital by its risk-weighted assets, it represents the proportion of high-quality, loss-absorbing capital in relation to the bank's risk exposure.

Our investment proposition

Trusted brand

Our unparalleled brand strength and legitimacy is recognised continent-wide

Deep African and sector expertise

Our on-the-ground operations in rapidly expanding African economies and our strong expertise in a number of fast-growing sectors

Available resources

Our robust capital structure and financial resources are underpinned by our modernised and increasingly efficient physical and digital infrastructure

Client franchise

Our large and growing client base with relevant client propositions and a significant opportunity to deepen client relationships and grow revenues by way of solution enhancement and cross-sell

Robust capital and liquidity position

Our strong and liquid balance sheet provides flexibility to manage uncertainty, change, innovation and growth

Strong growth prospects

Our prospects for future growth are driven by regional economic fundamentals and increasing financial inclusion and penetration providing opportunities to increase our market share, particularly in some of the large markets in which we operate where we have relatively small market shares

Established partners

Our strong partnerships and alliances, including Amazon Web Services, Microsoft and Salesforce

Digital adoption and partnerships

Our financial deepening and greater market penetration, particularly by way of new digital channels and partnerships, will drive revenue growth

Our strategic priorities

Transform client experience

We will transform client experience using digital technology, amplified by the human touch. We aim to understand our clients as deeply and empathetically as we can, and then use our human skill and digital capabilities to help meet their needs and enable them to achieve their goals.

2025 target: Average revenue growth per annum of 7%–9%

Execute with excellence

We will execute with excellence, delivering innovative and cost-effective products and services ourselves and in partnership with others.

2025 target: Cost-to-income ratio approaching 50%

Drive sustainable growth and value

We strive to deliver increasingly attractive returns to our shareholders and continued net positive impact in the economies and societies in which we operate.

2025 target: ROE in our target range of 17%–20%