Cash flow Standard Bank Group Limited

Equities

SBK

ZAE000109815

Banks

End-of-day quote Johannesburg S.E. Other stock markets 2026-02-09			5-day change	1st Jan Change
308.87 ^ZAR	-0.18%		+3.39%	+6.36%

Feb. 06	Chariot JV Secures 10-Year Power Purchase Deal with Sibanye-Stillwater	MT
Feb. 04	Standard Bank Raises Stake in Investec to 5.95%	MT

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Published financial data: STANDARD BANK GROUP LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Interest Income On Loans	109B	101B	136B	193B	208B
Interest Income On Investments	-	-	-	2.97B	3.38B
Interest Income, Total	109B	101B	136B	196B	211B
Interest On Deposits	45.6B	36.78B	56.48B	95.1B	107B
Interest Expense, Total	45.6B	36.78B	56.48B	95.1B	107B
Net Interest Income	63.07B	63.98B	79.14B	101B	105B
Trust Income	3.27B	2.21B	2.7B	-	-
Income From Trading Activities	13.87B	14.84B	17.05B	20.62B	21.16B
Gain (Loss) on Sale of Assets	500M	-84M	-11M	63M	-35M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	2.77B	-189M	241M	23.66B	29.79B
Total Other Non Interest Income	47.93B	52.25B	57.93B	32.13B	25.89B
Non Interest Income, Total	68.34B	69.03B	77.9B	76.46B	76.8B
Revenues Before Provison For Loan Losses	131B	133B	157B	178B	181B
Provision For Loan Losses	20.59B	9.87B	12.06B	16.26B	15.15B
Total Revenues	111B	123B	145B	161B	166B
Stock-Based Compensation (IS)	1.76B	1.93B	2.63B	-	-
Selling General & Admin Expenses, Total	3.82B	3.96B	4.48B	2.28B	6.2B
(Income) Loss on Equity Invest.	-1.08B	-1.09B	-2.26B	-1.65B	-1.48B
Total Other Non Interest Expense	79.59B	79.82B	88.87B	95.82B	93.16B
Non Interest Expense, Total	84.08B	84.62B	93.71B	96.45B	97.88B
EBT, Excl. Unusual Items	26.74B	38.51B	51.27B	64.9B	68.41B
Impairment of Goodwill	-	-14M	-	-	-6M
Asset Writedown	-8.58B	-292M	127M	1.46B	-700M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	18.15B	38.21B	51.39B	66.37B	67.7B
Income Tax Expense	3.64B	10.15B	12.01B	16.06B	17.52B
Earnings From Continuing Operations	14.51B	28.06B	39.38B	50.3B	50.18B
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	14.51B	28.06B	39.38B	50.3B	50.18B
Minority Interest	-1.35B	-2.37B	-3.75B	-4.33B	-4.37B
Net Income - (IS)	13.16B	25.69B	35.64B	45.97B	45.82B
Preferred Dividend and Other Adjustments	803M	825M	999M	1.76B	2.09B
Net Income to Common Incl Extra Items	12.36B	24.86B	34.64B	44.21B	43.73B
Net Income to Common Excl. Extra Items	12.36B	24.86B	34.64B	44.21B	43.73B
Per Share Items
Net EPS - Basic	7.77	15.63	21.11	26.67	26.44
Basic EPS - Continuing Operations	7.77	15.63	21.11	26.67	26.44
Basic Weighted Average Shares Outstanding	1.59B	1.59B	1.64B	1.66B	1.65B
Net EPS - Diluted	7.75	15.55	20.96	26.35	26.18
Diluted EPS - Continuing Operations	7.75	15.55	20.96	26.35	26.18
Diluted Weighted Average Shares Outstanding	1.6B	1.6B	1.65B	1.68B	1.67B
Normalized Basic EPS	9.66	13.64	17.24	21.86	23.21
Normalized Diluted EPS	9.63	13.57	17.12	21.6	22.98
Dividend Per Share	2.4	8.71	12.06	14.23	15.07
Payout Ratio	85.25	46.99	60.6	60.67	63.15
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
Effective Tax Rate - (Ratio)	20.05	26.56	23.37	24.21	25.88
Total Current Taxes	7.03B	10.58B	14.12B	15.85B	16.49B
Total Deferred Taxes	-3.39B	-427M	-2.11B	212M	1.03B
Normalized Net Income	15.36B	21.7B	28.29B	36.24B	38.39B
Non-Cash Pension Expense	-99M	-101M	-142M	-166M	-14M
Supplemental Operating Expense Items
Stock-Based Comp., Other (Total)	1.76B	1.93B	2.63B	-	-
Total Stock-Based Compensation	1.76B	1.93B	2.63B	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	31.04B	30.13B	38.51B	46.54B	46.35B
Investment Securities, Total	698B	786B	813B	851B	1,022B
Trading Asset Securities, Total	330B	287B	295B	326B	320B
Total investments	1,028B	1,073B	1,108B	1,177B	1,342B
Gross Loans	1,337B	1,493B	1,561B	1,673B	1,717B
Allowance For Loan Losses	-49.99B	-51.4B	-55.83B	-64B	-65B
Other Adjustments to Gross Loans	-16.13B	-17.4B	-	-	-
Net Loans	1,271B	1,424B	1,505B	1,609B	1,652B
Gross Property Plant And Equipment	40.01B	42.22B	44.09B	46.17B	46.18B
Accumulated Depreciation	-19.3B	-21.6B	-23.75B	-25.88B	-25.92B
Net Property Plant And Equipment	20.7B	20.62B	20.34B	20.3B	20.26B
Goodwill	2.21B	2.28B	2.23B	1.61B	1.66B
Other Intangibles, Total	16.06B	14.63B	12.89B	11.11B	9.63B
Investment in Real Estate	29.92B	29.98B	29.29B	30.44B	26.49B
Other Receivables	8.39B	3.22B	4.14B	1.92B	1.69B
Restricted Cash	56.47B	61.04B	75.97B	91.25B	89.82B
Other Current Assets, Total	17.72B	17.36B	23.37B	14.24B	22.37B
Deferred Tax Assets Long-Term (Collected)	6.62B	6.9B	8.82B	9B	9.58B
Other Real Estate Owned And Foreclosed	103M	113M	567M	493M	179M
Deferred Charges Long-Term	784M	780M	749M	520M	470M
Other Long-Term Assets, Total	43.74B	41.31B	54.46B	52.45B	47.21B
Total Assets	2,533B	2,726B	2,884B	3,066B	3,269B
Liabilities
Accounts Payable, Total	-	-	-	-	7.73B
Accrued Expenses, Total	23.52B	28.54B	31.65B	21.6B	20.67B
Interest Bearing Deposits	910B	965B	1,035B	1,140B	1,204B
Non-Interest Bearing Deposits	714B	812B	854B	862B	935B
Total Deposits	1,624B	1,777B	1,889B	2,002B	2,139B
Short-Term Borrowings	112B	67.26B	85.05B	103B	76.66B
Current Portion of Long-Term Debt	2.23B	2.14B	6.49B	10.58B	8.22B
Long-Term Debt	27.08B	28.29B	25.26B	21.65B	26.56B
Long-Term Leases	5.12B	4.33B	3.87B	3.71B	3.87B
Current Income Taxes Payable	5.42B	7.56B	7.84B	8.06B	9.19B
Other Current Liabilities - (Bank / Utility Template)	193B	209B	222B	372B	262B
Unearned Revenue Non Current	345M	371M	392M	242M	233M
Pension & Other Post Retirement Benefits	1.1B	1.07B	1.08B	1.08B	1.08B
Deferred Tax Liability Non-Current	2.88B	2.72B	2.47B	2.03B	3.37B
Other Non Current Liabilities	321B	355B	349B	243B	419B
Total Liabilities	2,318B	2,483B	2,624B	2,789B	2,977B
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	162M	168M	168M	166M
Additional Paid In Capital	17.85B	17.86B	27.34B	26.94B	23.04B
Retained Earnings	168B	184B	199B	219B	238B
Treasury Stock	-2.74B	-3.2B	-4.62B	-2.98B	-3.58B
Comprehensive Income and Other	-133M	10.11B	11.58B	12.35B	11.62B
Total Common Equity	183B	209B	233B	255B	269B
Minority Interest	26.37B	27.96B	21.02B	16.31B	18.28B
Total Equity	215B	243B	260B	277B	293B
Total Liabilities And Equity	2,533B	2,726B	2,884B	3,066B	3,269B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.59B	1.59B	1.65B	1.66B	1.64B
ECS Total Common Shares Outstanding	1.59B	1.59B	1.65B	1.66B	1.64B
Book Value / Share	115.13	131.56	141.61	153.95	163.92
Tangible Book Value	165B	192B	218B	242B	258B
Tangible Book Value Per Share	103.67	120.93	132.44	146.27	157.04
Tangible Book Value Per Share (As Reported)	-	-	-	-	-
Total Debt	146B	102B	121B	139B	115B
Deposits at Interest - Cash	68.1B	70.2B	93.11B	115B	118B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-1.33B	-1.61B	-1.66B	-1.93B	-2.22B
Net Debt	-256B	-269B	-294B	-313B	-418B
Equity Method Investments, Total	27.45B	29.36B	28.62B	33.61B	34.99B
Full Time Employees	50.12K	49.22K	49.32K	50.45K	50.32K
Number Of Offices	1.12K	1.14K	1.16K	1.21K	1.17K

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	13.16B	40.42B	35.64B	45.97B	45.82B
Depreciation, Depletion & Amortization	4.86B	4.48B	4.64B	4.81B	4.5B
Amortization of Goodwill and Intangible Assets - (CF)	11M	10M	8M	2M	2M
Total Depreciation, Depletion & Amortization	4.87B	4.49B	4.64B	4.81B	4.5B
Amortization of Deferred Charges, Total	2.68B	2.79B	2.67B	2.49B	2.75B
(Gain) Loss On Sale of Asset - (CF)	-	-	-19M	-	-
(Gain) Loss on Sale of Investments - (CF)	8.04B	39.66B	-	-	-
Total Asset Writedown	-	-	-230M	-	-
Provision for Credit Losses	20.59B	9.87B	11.89B	-	-
(Income) Loss On Equity Investments - (CF)	-	-	-2.26B	-	-
Stock-Based Compensation (CF)	-	-	55M	-	-
Change in Trading Asset Securities	-41.36B	-12.47B	-25.26B	-10.03B	-111B
Change in Other Net Operating Assets (Collected)	-173B	-148B	-108B	-196B	-82.39B
Other Operating Activities	2.18B	-36.43B	6.82B	59.17B	27.08B
Net Cash From Discontinued Operations	-	-	-	-	-
Cash from Operations	-163B	-99.18B	-73.65B	-93.85B	-114B
Capital Expenditure	-5.01B	-2.98B	-3.7B	-5.52B	-3.85B
Sale of Property, Plant, and Equipment	4.29B	576M	314M	438M	677M
Cash Acquisitions	-	-120M	-	-	-
Divestitures	-167M	7M	-4M	-	-
Purchase / Sale of Intangible Assets	-1.77B	-1.97B	-1.09B	-703M	-827M
Sale (Purchase) of Real Estate Properties (Collected)	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	3.08B	-188M	-127M	-264M	-139M
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	430M	-4.67B	-4.6B	-6.05B	-4.14B
Long-Term Debt Issued, Total	8.5B	3.17B	3.42B	5.64B	12.39B
Total Debt Issued	8.5B	3.17B	3.42B	5.64B	12.39B
Long-Term Debt Repaid, Total	-9.96B	-3.54B	-3.79B	-7.42B	-11.69B
Total Debt Repaid	-9.96B	-3.54B	-3.79B	-7.42B	-11.69B
Issuance of Common Stock	1.57B	3.53B	7.22B	4.54B	1.57B
Repurchase of Common Stock	-	-	-3.54B	-443M	-5.91B
Issuance of Preferred Stock	-	-	-	-	-
Common Dividends Paid	-	-	-	-	-
Preferred Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-11.22B	-12.07B	-21.6B	-27.89B	-28.93B
Common & Preferred Stock Dividends Paid	-11.22B	-12.07B	-21.6B	-27.89B	-28.93B
Net Increase (Decrease) in Deposit Accounts - (CF)	191B	112B	139B	143B	173B
Other Financing Activities, Total	-1.39B	-427M	-2.96B	-1.22B	-193M
Cash from Financing	179B	103B	118B	116B	140B
Foreign Exchange Rate Adjustments	-4.14B	4.8B	-5.96B	-16.9B	-11.27B
Net Change in Cash	12.22B	3.66B	33.47B	-1.05B	11.18B
Supplemental Items
Cash Interest Paid	46.13B	37.08B	56.79B	94.18B	107B
Cash Income Tax Paid (Refund)	7.1B	8.48B	13.82B	15.89B	16.06B
Net Debt Issued / Repaid	-1.46B	-379M	-367M	-1.78B	702M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	0.6	1.07	1.4	1.69	1.59
Return On Equity %	6.83	12.25	15.67	18.78	17.62
Return on Common Equity	6.86	12.66	15.64	18.14	16.69
Shareholders Value Added	-8.43B	2.13B	9.08B	16.73B	14.38B
Margin Analysis
SG&A Margin	3.45	3.22	3.09	1.41	3.73
Net Interest Income / Total Revenues %	56.92	51.96	54.59	62.69	62.92
EBT Excl. Non-Recurring Items Margin %	24.12	31.28	35.36	40.22	41.14
Income From Continuing Operations Margin %	13.1	22.79	27.16	31.18	30.18
Net Income Margin %	11.88	20.86	24.58	28.49	27.55
Net Avail. For Common Margin %	11.15	20.19	23.89	27.4	26.3
Normalized Net Income Margin	13.86	17.63	19.52	22.46	23.09
Asset quality
Nonperforming Loans / Total Loans %	5.39	4.68	4.96	5.84	5.89
Nonperforming Loans / Total Assets %	2.85	2.56	2.69	3.19	3.09
Nonperforming Assets / Total Assets %	2.85	2.57	2.7	3.2	3.1
NPAs / Loans and OREO	5.4	4.69	5	5.87	5.9
NPAs / Equity	33.54	28.84	30.01	35.46	34.58
Allowance for Credit Losses / Net Charge-offs %	687.19	425.48	544.82	591.94	388.62
Allowance for Credit Losses / Nonperforming Loans %	69.33	73.51	72.09	65.5	64.34
Allowance for Credit Losses / Total Loans %	3.74	3.44	3.58	3.83	3.79
Provision for Loan Losses / Net Charge-offs %	283.12	81.73	117.73	150.41	90.59
Capital And Funding
Total Average Common Equity / Total Average Assets %	7.49	7.47	7.89	8.2	8.3
Total Average Equity / Total Average Assets %	8.83	8.71	8.96	9.01	9.02
Total Equity + Allowance for Loan Losses / Total Loans %	17.86	17.83	18.89	19.4	19.77
Gross Loans / Total Deposits %	82.35	84.04	82.62	83.57	80.26
Net Loans / Total Deposits %	78.28	80.17	79.66	80.38	77.22
Tier 1 Capital Ratio %	14.03	14.69	14.51	15	15
Total Capital Ratio %	16.13	16.87	16.58	17	17
Core Tier 1 Capital Ratio	13.31	13.79	13.48	13.73	13.53
Tier 2 Capital Ratio	2.11	2.18	2.07	2.04	1.89
Coverage Ratio	69.33	73.51	72.09	65.5	64.34
Interbank Ratio	-	-	-	-	-
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	1.4	2.04	1.91	1.7	1.63
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	-2.72	1.43	23.7	25.66	3.44
Non Interest Income, 1 Yr. Growth %	2.93	1.01	13.28	13.22	0.45
Provision For Loan Losses, 1 Yr. Growth %	158.59	-52.06	22.19	21.87	-6.82
Total Revenues, 1 Yr. Growth %	-10.1	11.11	17.99	19.8	3.05
Earnings From Cont. Operations, 1 Yr. Growth %	-52.72	93.34	40.36	28.85	-0.24
Net Income, 1 Yr. Growth %	-49.99	95.2	38.72	30.45	-0.34
Normalized Net Income, 1 Yr. Growth %	-28.44	41.31	30.38	30.74	5.95
Diluted EPS Before Extra, 1 Yr. Growth %	-51.1	100.65	34.75	27.97	-0.65
Dividend Per Share, 1 Yr. Growth %	-75.86	262.92	38.46	17.99	5.9
Gross Loans, 1 Yr. Growth %	8.17	11.65	5.76	7.18	2.61
Allowance For Loan Losses, 1 Yr. Growth %	41.69	2.82	8.62	14.63	1.57
Net Loans, 1 Yr. Growth %	7.64	12.04	5.66	6.9	2.65
Non Performing Loans, 1 Yr. Growth %	53.63	-3.02	10.76	26.16	3.41
Non Performing Assets, 1 Yr. Growth %	53.49	-3	11.39	25.88	3.07
Total Assets, 1 Yr. Growth %	11.31	7.61	5.8	6.36	7.34
Total Deposits, 1 Yr Growth %	13.87	9.39	6.33	5.96	6.85
Tangible Book Value, 1 Yr. Growth %	6.96	16.55	13.42	11.57	6.27
Common Equity, 1 Yr. Growth %	3.78	14.17	11.48	9.79	5.4
Total Equity, 1 Yr. Growth %	2.76	12.81	7.04	6.97	5.68
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	1.67	-0.67	12.02	25.74	14.01
Non Interest Income, 2 Yr. CAGR %	2.07	1.96	6.77	5.45	6.64
Provision For Loan Losses, 2 Yr. CAGR %	78.15	11.34	-23.46	28.34	6.56
Total Revenues, 2 Yr. CAGR %	-3.95	-0.06	14.38	14.59	11.11
Earnings From Cont. Operations, 2 Yr. CAGR %	-33.32	-4.39	64.73	33.89	13.38
Net Income, 2 Yr. CAGR %	-31.67	-1.2	64.55	33.77	14.02
Normalized Net Income, 2 Yr. CAGR %	-16	0.56	35.74	29.22	17.69
Diluted EPS Before Extra, 2 Yr. CAGR %	-32.59	-0.95	64.43	30.17	12.76
Dividend Per Share, 2 Yr. CAGR %	-50.26	-6.39	124.17	27.82	11.78
Gross Loans, 2 Yr. CAGR %	6.59	9.89	8.03	6.47	4.87
Allowance For Loan Losses, 2 Yr. CAGR %	16.73	20.7	5.68	11.58	7.9
Net Loans, 2 Yr. CAGR %	6.56	9.82	8.8	6.28	4.76
Non Performing Loans, 2 Yr. CAGR %	27.72	22.06	3.64	18.21	14.22
Non Performing Assets, 2 Yr. CAGR %	27.74	22.01	3.95	18.41	13.91
Total Assets, 2 Yr. CAGR %	9.13	9.45	6.7	6.05	6.5
Total Deposits, 2 Yr CAGR %	9.38	11.61	7.85	6.14	6.41
Tangible Book Value, 2 Yr. CAGR %	6.74	11.65	14.98	12.22	8.89
Common Equity, 2 Yr. CAGR %	4.29	8.85	12.82	10.38	7.57
Total Equity, 2 Yr. CAGR %	3.99	7.67	9.89	6.78	6.33
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	1.61	1.59	6.87	17.05	17.82
Non Interest Income, 3 Yr. CAGR %	0.59	1.71	5.47	3.81	3.75
Provision For Loan Losses, 3 Yr. CAGR %	29.83	15.02	14.85	-7.57	15.35
Total Revenues, 3 Yr. CAGR %	-2.03	0.83	5.56	13.34	10.61
Earnings From Cont. Operations, 3 Yr. CAGR %	-22.11	-4.92	8.66	51.34	21.38
Net Income, 3 Yr. CAGR %	-21.13	-3.05	10.63	51.73	21.27
Normalized Net Income, 3 Yr. CAGR %	-11.48	-0.09	9.65	33.13	20.94
Diluted EPS Before Extra, 3 Yr. CAGR %	-21.75	-3.03	9.75	50.37	18.96
Dividend Per Share, 3 Yr. CAGR %	-35.87	-3.52	6.66	80.99	20.05
Gross Loans, 3 Yr. CAGR %	7.14	8.25	8.08	7.75	5.17
Allowance For Loan Losses, 3 Yr. CAGR %	30.59	11.9	16.53	8.58	8.14
Net Loans, 3 Yr. CAGR %	6.65	8.36	8.41	8.17	5.06
Non Performing Loans, 3 Yr. CAGR %	27.82	16.52	18.17	10.66	13.06
Non Performing Assets, 3 Yr. CAGR %	27.71	16.54	18.37	10.8	13.06
Total Assets, 3 Yr. CAGR %	7.69	8.62	8.22	6.57	6.25
Total Deposits, 3 Yr CAGR %	9.3	9.38	9.82	7.22	6.38
Tangible Book Value, 3 Yr. CAGR %	6.36	9.92	12.24	13.65	10.2
Common Equity, 3 Yr. CAGR %	4.53	7.49	9.72	11.63	8.69
Total Equity, 3 Yr. CAGR %	4.25	6.85	7.46	8.76	6.42
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	5.05	2.38	5.65	10.64	10.04
Non Interest Income, 5 Yr. CAGR %	0.71	1.42	3.01	3.11	2.96
Provision For Loan Losses, 5 Yr. CAGR %	17.06	0.7	5.09	20.17	13.73
Total Revenues, 5 Yr. CAGR %	0.91	1.97	4.23	6.08	6.17
Earnings From Cont. Operations, 5 Yr. CAGR %	-10.56	1.7	5.1	9.03	10.33
Net Income, 5 Yr. CAGR %	-11.42	2.59	5.84	10.28	11.73
Normalized Net Income, 5 Yr. CAGR %	-3.16	2.25	5.03	10.74	12.33
Diluted EPS Before Extra, 5 Yr. CAGR %	-9.88	2.55	5.31	9.09	10.56
Dividend Per Share, 5 Yr. CAGR %	-18.66	2.23	5.79	7.97	8.68
Gross Loans, 5 Yr. CAGR %	4.01	6.5	7.5	7.28	6.78
Allowance For Loan Losses, 5 Yr. CAGR %	17.15	18.72	19.99	11.77	13
Net Loans, 5 Yr. CAGR %	3.69	6.26	7.51	7.52	6.94
Non Performing Loans, 5 Yr. CAGR %	15.46	15.92	17.54	17.19	16.57
Non Performing Assets, 5 Yr. CAGR %	15.35	15.84	17.61	17.29	16.56
Total Assets, 5 Yr. CAGR %	4.98	6.91	7.3	7.59	7.52
Total Deposits, 5 Yr CAGR %	6.54	7.92	8.72	8.08	8.44
Tangible Book Value, 5 Yr. CAGR %	5.39	8.66	9.73	10.83	10.78
Common Equity, 5 Yr. CAGR %	3.95	6.79	7.77	8.64	8.76
Total Equity, 5 Yr. CAGR %	3.77	6.25	6.47	6.82	6.92