Balance Sheet Standard Bank Group Limited

Equities

SBK

ZAE000109815

Banks

End-of-day quote Johannesburg S.E. Other stock markets 2026-03-13			5-day change	1st Jan Change
294.39 ^ZAR	-0.33%		+0.88%	+1.37%

Mar. 12	Standard Bank PLC Reports Earnings Results for the Full Year Ended December 31, 2025	CI
Mar. 12	Standard Bank Group Limited, 2025 Earnings Call, Mar 12, 2026

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Published financial data: STANDARD BANK GROUP LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Interest Income On Loans	101B	136B	193B	208B	206B
Interest Income On Investments	-	-	2.97B	3.38B	4.87B
Interest Income, Total	101B	136B	196B	211B	211B
Interest On Deposits	36.78B	56.48B	95.1B	107B	100B
Interest Expense, Total	36.78B	56.48B	95.1B	107B	100B
Net Interest Income	63.98B	79.14B	101B	105B	111B
Trust Income	2.21B	2.7B	-	-	-
Income From Trading Activities	14.84B	17.05B	20.62B	21.16B	23.22B
Gain (Loss) on Sale of Assets	-84M	-11M	63M	-35M	59M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	-189M	241M	23.66B	29.79B	46.49B
Total Other Non Interest Income	52.25B	57.93B	32.13B	25.89B	14.38B
Non Interest Income, Total	69.03B	77.9B	76.46B	76.8B	84.15B
Revenues Before Provison For Loan Losses	133B	157B	178B	181B	195B
Provision For Loan Losses	9.87B	12.06B	16.26B	15.15B	14.32B
Total Revenues	123B	145B	161B	166B	180B
Stock-Based Compensation (IS)	1.93B	2.63B	-	-	-
Selling General & Admin Expenses, Total	3.96B	4.48B	2.28B	6.2B	5.75B
(Income) Loss on Equity Invest.	-1.09B	-2.26B	-1.65B	-1.48B	-2.22B
Total Other Non Interest Expense	79.82B	88.87B	95.82B	93.16B	98.2B
Non Interest Expense, Total	84.62B	93.71B	96.45B	97.88B	102B
EBT, Excl. Unusual Items	38.51B	51.27B	64.9B	68.41B	78.7B
Impairment of Goodwill	-14M	-	-	-6M	-
Asset Writedown	-292M	127M	1.46B	-700M	-144M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	38.21B	51.39B	66.37B	67.7B	78.55B
Income Tax Expense	10.15B	12.01B	16.06B	17.52B	21.89B
Earnings From Continuing Operations	28.06B	39.38B	50.3B	50.18B	56.67B
Net Income to Company	28.06B	39.38B	50.3B	50.18B	56.67B
Minority Interest	-2.37B	-3.75B	-4.33B	-4.37B	-5.45B
Net Income - (IS)	25.69B	35.64B	45.97B	45.82B	51.22B
Preferred Dividend and Other Adjustments	825M	999M	1.76B	2.09B	2.12B
Net Income to Common Incl Extra Items	24.86B	34.64B	44.21B	43.73B	49.1B
Net Income to Common Excl. Extra Items	24.86B	34.64B	44.21B	43.73B	49.1B
Per Share Items
Net EPS - Basic	15.63	21.11	26.67	26.44	30.19
Basic EPS - Continuing Operations	15.63	21.11	26.67	26.44	30.19
Basic Weighted Average Shares Outstanding	1.59B	1.64B	1.66B	1.65B	1.63B
Net EPS - Diluted	15.55	20.96	26.35	26.18	29.88
Diluted EPS - Continuing Operations	15.55	20.96	26.35	26.18	29.88
Diluted Weighted Average Shares Outstanding	1.6B	1.65B	1.68B	1.67B	1.64B
Normalized Basic EPS	13.64	17.24	21.86	23.21	26.89
Normalized Diluted EPS	13.57	17.12	21.6	22.98	26.61
Dividend Per Share	8.71	12.06	14.23	15.07	16.95
Payout Ratio	46.99	60.6	60.67	63.15	60.52
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
Effective Tax Rate - (Ratio)	26.56	23.37	24.21	25.88	27.86
Total Current Taxes	10.58B	14.12B	15.85B	16.49B	19.04B
Total Deferred Taxes	-427M	-2.11B	212M	1.03B	2.85B
Normalized Net Income	21.7B	28.29B	36.24B	38.39B	43.73B
Non-Cash Pension Expense	-101M	-142M	-166M	-14M	-47M
Supplemental Operating Expense Items
Stock-Based Comp., Other (Total)	1.93B	2.63B	-	-	-
Total Stock-Based Compensation	1.93B	2.63B	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	30.13B	38.51B	46.54B	46.35B	45.65B
Investment Securities, Total	786B	813B	851B	1,022B	1,139B
Trading Asset Securities, Total	287B	295B	326B	320B	441B
Total investments	1,073B	1,108B	1,177B	1,342B	1,579B
Gross Loans	1,493B	1,561B	1,673B	1,717B	1,791B
Allowance For Loan Losses	-51.4B	-55.83B	-64B	-65B	-65.47B
Other Adjustments to Gross Loans	-17.4B	-	-	-	-
Net Loans	1,424B	1,505B	1,609B	1,652B	1,726B
Gross Property Plant And Equipment	42.22B	44.09B	46.17B	46.18B	47.84B
Accumulated Depreciation	-21.6B	-23.75B	-25.88B	-25.92B	-26.78B
Net Property Plant And Equipment	20.62B	20.34B	20.3B	20.26B	21.06B
Goodwill	2.28B	2.23B	1.61B	1.66B	1.51B
Other Intangibles, Total	14.63B	12.89B	11.11B	9.63B	8.06B
Investment in Real Estate	29.98B	29.29B	30.44B	26.49B	27.49B
Other Receivables	3.22B	4.14B	1.92B	1.69B	1.91B
Restricted Cash	61.04B	75.97B	91.25B	89.82B	105B
Other Current Assets, Total	17.36B	23.37B	14.24B	22.37B	25.46B
Deferred Tax Assets Long-Term (Collected)	6.9B	8.82B	9B	9.58B	8.94B
Other Real Estate Owned And Foreclosed	113M	567M	493M	179M	152M
Deferred Charges Long-Term	780M	749M	520M	470M	443M
Other Long-Term Assets, Total	41.31B	54.46B	52.45B	47.21B	70.5B
Total Assets	2,726B	2,884B	3,066B	3,269B	3,621B
Liabilities
Accounts Payable, Total	-	-	-	7.73B	14.7B
Accrued Expenses, Total	28.54B	31.65B	21.6B	20.67B	15.74B
Interest Bearing Deposits	965B	1,035B	1,140B	1,204B	1,372B
Non-Interest Bearing Deposits	812B	854B	862B	935B	994B
Total Deposits	1,777B	1,889B	2,002B	2,139B	2,365B
Short-Term Borrowings	67.26B	85.05B	103B	76.66B	83.06B
Current Portion of Long-Term Debt	2.14B	6.49B	10.58B	8.22B	4.88B
Long-Term Debt	28.29B	25.26B	21.65B	26.56B	30.78B
Long-Term Leases	4.33B	3.87B	3.71B	3.87B	3.29B
Current Income Taxes Payable	7.56B	7.84B	8.06B	9.19B	11.88B
Other Current Liabilities - (Bank / Utility Template)	209B	222B	372B	262B	291B
Unearned Revenue Non Current	371M	392M	242M	233M	227M
Pension & Other Post Retirement Benefits	1.07B	1.08B	1.08B	1.08B	1.17B
Deferred Tax Liability Non-Current	2.72B	2.47B	2.03B	3.37B	4.91B
Other Non Current Liabilities	355B	349B	243B	419B	481B
Total Liabilities	2,483B	2,624B	2,789B	2,977B	3,308B
Preferred Stock Non Redeemable	9M	9M	9M	9M	9M
Preferred Stock - Others	5.49B	5.49B	5.49B	5.49B	5.49B
Total Preferred Equity	5.5B	5.5B	5.5B	5.5B	5.5B
Common Stock, Total	162M	168M	168M	166M	165M
Additional Paid In Capital	17.86B	27.34B	26.94B	23.04B	20.11B
Retained Earnings	184B	199B	219B	238B	260B
Treasury Stock	-3.2B	-4.62B	-2.98B	-3.58B	-4.58B
Comprehensive Income and Other	10.11B	11.58B	12.35B	11.62B	10.59B
Total Common Equity	209B	233B	255B	269B	287B
Minority Interest	27.96B	21.02B	16.31B	18.28B	20.39B
Total Equity	243B	260B	277B	293B	312B
Total Liabilities And Equity	2,726B	2,884B	3,066B	3,269B	3,621B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.59B	1.65B	1.66B	1.64B	1.62B
ECS Total Common Shares Outstanding	1.59B	1.65B	1.66B	1.64B	1.62B
Book Value / Share	131.56	141.61	153.95	163.92	176.55
Tangible Book Value	192B	218B	242B	258B	277B
Tangible Book Value Per Share	120.93	132.44	146.27	157.04	170.65
Tangible Book Value Per Share (As Reported)	-	-	-	-	-
Total Debt	102B	121B	139B	115B	122B
Deposits at Interest - Cash	70.2B	93.11B	115B	118B	133B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-1.61B	-1.66B	-1.93B	-2.22B	-2.5B
Net Debt	-269B	-294B	-313B	-418B	-526B
Equity Method Investments, Total	29.36B	28.62B	33.61B	34.99B	40.16B
Full Time Employees	49.22K	49.32K	50.45K	50.32K	50.45K
Number Of Offices	1.14K	1.16K	1.21K	1.17K	1.21K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	40.42B	35.64B	45.97B	45.82B	51.22B
Depreciation, Depletion & Amortization	4.48B	4.64B	4.81B	4.5B	4.52B
Amortization of Goodwill and Intangible Assets - (CF)	10M	8M	2M	2M	2M
Total Depreciation, Depletion & Amortization	4.49B	4.64B	4.81B	4.5B	4.52B
Amortization of Deferred Charges, Total	2.79B	2.67B	2.49B	2.48B	2.18B
(Gain) Loss On Sale of Asset - (CF)	-	-19M	-	-	-
(Gain) Loss on Sale of Investments - (CF)	39.66B	-	-	-	-
Total Asset Writedown	-	-230M	-	-	-
Provision for Credit Losses	9.87B	11.89B	-	-	-
(Income) Loss On Equity Investments - (CF)	-	-2.26B	-	-	-
Stock-Based Compensation (CF)	-	55M	-	-	-
Change in Trading Asset Securities	-12.47B	-25.26B	-10.03B	-111B	-97.48B
Change in Other Net Operating Assets (Collected)	-148B	-108B	-196B	-82.39B	-200B
Other Operating Activities	-36.43B	6.82B	59.17B	27.36B	14.09B
Cash from Operations	-99.18B	-73.65B	-93.85B	-114B	-226B
Capital Expenditure	-2.98B	-3.7B	-5.52B	-3.85B	-4.73B
Sale of Property, Plant, and Equipment	576M	314M	438M	677M	708M
Cash Acquisitions	-120M	-	-	-	-
Divestitures	7M	-4M	-	-	-
Purchase / Sale of Intangible Assets	-1.97B	-1.09B	-703M	-827M	-737M
Sale (Purchase) of Real Estate Properties (Collected)	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-188M	-127M	-264M	-139M	209M
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-4.67B	-4.6B	-6.05B	-4.14B	-4.55B
Long-Term Debt Issued, Total	3.17B	3.42B	5.64B	12.39B	9.82B
Total Debt Issued	3.17B	3.42B	5.64B	12.39B	9.82B
Long-Term Debt Repaid, Total	-3.54B	-3.79B	-7.42B	-11.69B	-9.44B
Total Debt Repaid	-3.54B	-3.79B	-7.42B	-11.69B	-9.44B
Issuance of Common Stock	3.53B	7.22B	4.54B	1.57B	5.74B
Repurchase of Common Stock	-	-3.54B	-443M	-5.91B	-4.54B
Issuance of Preferred Stock	-	-	-	-	-
Common Dividends Paid	-	-	-	-	-31B
Preferred Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-12.07B	-21.6B	-27.89B	-28.93B	-
Common & Preferred Stock Dividends Paid	-12.07B	-21.6B	-27.89B	-28.93B	-31B
Net Increase (Decrease) in Deposit Accounts - (CF)	112B	139B	143B	173B	268B
Other Financing Activities, Total	-427M	-2.96B	-1.22B	-193M	-508M
Cash from Financing	103B	118B	116B	140B	238B
Foreign Exchange Rate Adjustments	4.8B	-5.96B	-16.9B	-11.27B	-2.55B
Net Change in Cash	3.66B	33.47B	-1.05B	11.18B	5.41B
Supplemental Items
Cash Interest Paid	37.08B	56.79B	94.18B	107B	100B
Cash Income Tax Paid (Refund)	8.48B	13.82B	15.89B	16.06B	16.68B
Net Debt Issued / Repaid	-379M	-367M	-1.78B	702M	375M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.07	1.4	1.69	1.59	1.64
Return On Equity %	12.25	15.67	18.78	17.62	18.73
Return on Common Equity	12.66	15.64	18.14	16.69	17.68
Shareholders Value Added	2.13B	9.08B	16.73B	14.38B	17.89B
Margin Analysis
SG&A Margin	3.22	3.09	1.41	3.73	3.19
Net Interest Income / Total Revenues %	51.96	54.59	62.69	62.92	61.3
EBT Excl. Non-Recurring Items Margin %	31.28	35.36	40.22	41.14	43.62
Income From Continuing Operations Margin %	22.79	27.16	31.18	30.18	31.41
Net Income Margin %	20.86	24.58	28.49	27.55	28.38
Net Avail. For Common Margin %	20.19	23.89	27.4	26.3	27.21
Normalized Net Income Margin	17.63	19.52	22.46	23.09	24.24
Asset quality
Nonperforming Loans / Total Loans %	4.68	4.96	5.84	5.89	5.7
Nonperforming Loans / Total Assets %	2.56	2.69	3.19	3.09	2.82
Nonperforming Assets / Total Assets %	2.57	2.7	3.2	3.1	2.82
NPAs / Loans and OREO	4.69	5	5.87	5.9	5.7
NPAs / Equity	28.84	30.01	35.46	34.58	32.7
Allowance for Credit Losses / Net Charge-offs %	425.48	544.82	591.94	388.62	408.22
Allowance for Credit Losses / Nonperforming Loans %	73.51	72.09	65.5	64.34	64.18
Allowance for Credit Losses / Total Loans %	3.44	3.58	3.83	3.79	3.66
Provision for Loan Losses / Net Charge-offs %	81.73	117.73	150.41	90.59	89.29
Capital And Funding
Total Average Common Equity / Total Average Assets %	7.47	7.89	8.2	8.3	8.06
Total Average Equity / Total Average Assets %	8.71	8.96	9.01	9.02	8.78
Total Equity + Allowance for Loan Losses / Total Loans %	17.83	18.89	19.4	19.77	19.96
Gross Loans / Total Deposits %	84.04	82.62	83.57	80.26	75.72
Net Loans / Total Deposits %	80.17	79.66	80.38	77.22	72.95
Tier 1 Capital Ratio %	14.69	14.51	15	15	15.1
Total Capital Ratio %	16.87	16.58	17	17	16.8
Core Tier 1 Capital Ratio	13.79	13.48	13.73	13.53	13.82
Tier 2 Capital Ratio	2.18	2.07	2.04	1.89	1.69
Coverage Ratio	73.51	72.09	65.5	64.34	64.18
Interbank Ratio	-	-	-	-	-
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	2.04	1.91	1.7	1.63	1.78
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	1.43	23.7	25.66	3.44	5.7
Non Interest Income, 1 Yr. Growth %	1.01	13.28	13.22	0.45	9.57
Provision For Loan Losses, 1 Yr. Growth %	-52.06	22.19	21.87	-6.82	-5.48
Total Revenues, 1 Yr. Growth %	11.11	17.99	19.8	3.05	8.51
Earnings From Cont. Operations, 1 Yr. Growth %	93.34	40.36	28.85	-0.24	12.92
Net Income, 1 Yr. Growth %	95.2	38.72	30.45	-0.34	11.78
Normalized Net Income, 1 Yr. Growth %	41.31	30.38	30.74	5.95	13.92
Diluted EPS Before Extra, 1 Yr. Growth %	100.65	34.75	27.97	-0.65	14.12
Dividend Per Share, 1 Yr. Growth %	262.92	38.46	17.99	5.9	12.48
Gross Loans, 1 Yr. Growth %	11.65	5.76	7.18	2.61	4.35
Allowance For Loan Losses, 1 Yr. Growth %	2.82	8.62	14.63	1.57	0.73
Net Loans, 1 Yr. Growth %	12.04	5.66	6.9	2.65	4.49
Non Performing Loans, 1 Yr. Growth %	-3.02	10.76	26.16	3.41	0.97
Non Performing Assets, 1 Yr. Growth %	-3	11.39	25.88	3.07	0.94
Total Assets, 1 Yr. Growth %	7.61	5.8	6.36	7.34	10.75
Total Deposits, 1 Yr Growth %	9.39	6.33	5.96	6.85	10.42
Tangible Book Value, 1 Yr. Growth %	16.55	13.42	11.57	6.27	7.51
Common Equity, 1 Yr. Growth %	14.17	11.48	9.79	5.4	6.56
Total Equity, 1 Yr. Growth %	12.81	7.04	6.97	5.68	6.75
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	-0.67	12.02	25.74	14.01	4.56
Non Interest Income, 2 Yr. CAGR %	1.96	6.77	5.45	6.64	4.91
Provision For Loan Losses, 2 Yr. CAGR %	11.34	-23.46	28.34	6.56	-6.15
Total Revenues, 2 Yr. CAGR %	-0.06	14.38	14.59	11.11	5.75
Earnings From Cont. Operations, 2 Yr. CAGR %	-4.39	64.73	33.89	13.38	6.14
Net Income, 2 Yr. CAGR %	-1.2	64.55	33.77	14.02	5.55
Normalized Net Income, 2 Yr. CAGR %	0.56	35.74	29.22	17.69	9.86
Diluted EPS Before Extra, 2 Yr. CAGR %	-0.95	64.43	30.17	12.76	6.48
Dividend Per Share, 2 Yr. CAGR %	-6.39	124.17	27.82	11.78	9.14
Gross Loans, 2 Yr. CAGR %	9.89	8.03	6.47	4.87	3.48
Allowance For Loan Losses, 2 Yr. CAGR %	20.7	5.68	11.58	7.9	1.15
Net Loans, 2 Yr. CAGR %	9.82	8.8	6.28	4.76	3.57
Non Performing Loans, 2 Yr. CAGR %	22.06	3.64	18.21	14.22	2.18
Non Performing Assets, 2 Yr. CAGR %	22.01	3.95	18.41	13.91	2
Total Assets, 2 Yr. CAGR %	9.45	6.7	6.05	6.5	9.03
Total Deposits, 2 Yr CAGR %	11.61	7.85	6.14	6.41	8.71
Tangible Book Value, 2 Yr. CAGR %	11.65	14.98	12.22	8.89	6.89
Common Equity, 2 Yr. CAGR %	8.85	12.82	10.38	7.57	5.98
Total Equity, 2 Yr. CAGR %	7.67	9.89	6.78	6.33	6.22
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	1.59	6.87	17.05	17.82	11.17
Non Interest Income, 3 Yr. CAGR %	1.71	5.47	3.81	3.75	7.61
Provision For Loan Losses, 3 Yr. CAGR %	15.02	14.85	-7.57	15.35	2.39
Total Revenues, 3 Yr. CAGR %	0.83	5.56	13.34	10.61	10.24
Earnings From Cont. Operations, 3 Yr. CAGR %	-4.92	8.66	51.34	21.38	13.22
Net Income, 3 Yr. CAGR %	-3.05	10.63	51.73	21.27	13.27
Normalized Net Income, 3 Yr. CAGR %	-0.09	9.65	33.13	20.94	16.42
Diluted EPS Before Extra, 3 Yr. CAGR %	-3.03	9.75	50.37	18.96	13.21
Dividend Per Share, 3 Yr. CAGR %	-3.52	6.66	80.99	20.05	12.01
Gross Loans, 3 Yr. CAGR %	8.25	8.08	7.75	5.17	4.7
Allowance For Loan Losses, 3 Yr. CAGR %	11.9	16.53	8.58	8.14	5.46
Net Loans, 3 Yr. CAGR %	8.36	8.41	8.17	5.06	4.67
Non Performing Loans, 3 Yr. CAGR %	16.52	18.17	10.66	13.06	9.62
Non Performing Assets, 3 Yr. CAGR %	16.54	18.37	10.8	13.06	9.41
Total Assets, 3 Yr. CAGR %	8.62	8.22	6.57	6.25	7.9
Total Deposits, 3 Yr CAGR %	9.38	9.82	7.22	6.38	7.78
Tangible Book Value, 3 Yr. CAGR %	9.92	12.24	13.65	10.2	8.43
Common Equity, 3 Yr. CAGR %	7.49	9.72	11.63	8.69	7.23
Total Equity, 3 Yr. CAGR %	6.85	7.46	8.76	6.42	6.47
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	2.38	5.65	10.64	10.04	11.89
Non Interest Income, 5 Yr. CAGR %	1.42	3.01	3.11	2.96	4.25
Provision For Loan Losses, 5 Yr. CAGR %	0.7	5.09	20.17	13.73	-7.01
Total Revenues, 5 Yr. CAGR %	1.97	4.23	6.08	6.17	10.24
Earnings From Cont. Operations, 5 Yr. CAGR %	1.7	5.1	9.03	10.33	31.31
Net Income, 5 Yr. CAGR %	2.59	5.84	10.28	11.73	31.23
Normalized Net Income, 5 Yr. CAGR %	2.25	5.03	10.74	12.33	23.28
Diluted EPS Before Extra, 5 Yr. CAGR %	2.55	5.31	9.09	10.56	30.98
Dividend Per Share, 5 Yr. CAGR %	2.23	5.79	7.97	8.68	47.84
Gross Loans, 5 Yr. CAGR %	6.5	7.5	7.28	6.78	6.02
Allowance For Loan Losses, 5 Yr. CAGR %	18.72	19.99	11.77	13	5.55
Net Loans, 5 Yr. CAGR %	6.26	7.51	7.52	6.94	6.3
Non Performing Loans, 5 Yr. CAGR %	15.92	17.54	17.19	16.57	7.19
Non Performing Assets, 5 Yr. CAGR %	15.84	17.61	17.29	16.56	7.19
Total Assets, 5 Yr. CAGR %	6.91	7.3	7.59	7.52	7.41
Total Deposits, 5 Yr CAGR %	7.92	8.72	8.08	8.44	7.81
Tangible Book Value, 5 Yr. CAGR %	8.66	9.73	10.83	10.78	10.9
Common Equity, 5 Yr. CAGR %	6.79	7.77	8.64	8.76	9.33
Total Equity, 5 Yr. CAGR %	6.25	6.47	6.82	6.92	7.73