Financial Ratios Standard Bank Group Limited

Equities

SBK

ZAE000109815

Banks

End-of-day quote Johannesburg S.E. Other stock markets 2024-12-05			5-day change	1st Jan Change
232.53 ^ZAR	+1.51%		-2.48%	+11.74%

Dec. 02	Standard Bank Group Limited - Special Call
Dec. 02	European Midday Briefing : Political Turmoil in France Subdues Investors	DJ

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Published financial data: STANDARD BANK GROUP LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Interest Income On Loans	131B	109B	101B	136B	193B
Interest Income On Investments	-	-	-	-	2.97B
Interest Income, Total	131B	109B	101B	136B	196B
Interest On Deposits	66.58B	45.6B	36.78B	56.48B	95.1B
Interest Expense, Total	66.58B	45.6B	36.78B	56.48B	95.1B
Net Interest Income	64.84B	63.07B	63.98B	79.14B	101B
Trust Income	3.24B	3.27B	2.21B	2.7B	-
Income From Trading Activities	12.08B	13.87B	14.84B	17.05B	20.62B
Gain (Loss) on Sale of Assets	-94M	500M	-84M	-11M	63M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	-2.52B	2.77B	-189M	241M	23.66B
Total Other Non Interest Income	53.68B	47.93B	52.25B	57.93B	32.13B
Non Interest Income, Total	66.4B	68.34B	69.03B	77.9B	76.46B
Revenues Before Provison For Loan Losses	131B	131B	133B	157B	178B
Provision For Loan Losses	7.96B	20.59B	9.87B	12.06B	16.26B
Total Revenues	123B	111B	123B	145B	161B
Salaries And Other Employee Benefits	-	-	-	-	-
Stock-Based Compensation (IS)	2.09B	1.76B	1.93B	2.63B	-
Selling General & Admin Expenses, Total	4.15B	3.82B	3.96B	4.48B	2.28B
(Income) Loss on Equity Invest.	512M	-1.08B	-1.09B	-2.26B	-1.65B
Total Other Non Interest Expense	75.17B	79.59B	79.82B	88.87B	95.82B
Non Interest Expense, Total	81.92B	84.08B	84.62B	93.71B	96.45B
EBT, Excl. Unusual Items	41.35B	26.74B	38.51B	51.27B	64.9B
Impairment of Goodwill	-11M	-	-14M	-	-
Asset Writedown	-80M	-8.58B	-292M	127M	1.46B
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	41.26B	18.15B	38.21B	51.39B	66.37B
Income Tax Expense	10.56B	3.64B	10.15B	12.01B	16.06B
Earnings From Continuing Operations	30.7B	14.51B	28.06B	39.38B	50.3B
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	30.7B	14.51B	28.06B	39.38B	50.3B
Minority Interest	-4.38B	-1.35B	-2.37B	-3.75B	-4.33B
Net Income - (IS)	26.32B	13.16B	25.69B	35.64B	45.97B
Preferred Dividend and Other Adjustments	873M	803M	825M	999M	1.76B
Net Income to Common Incl Extra Items	25.44B	12.36B	24.86B	34.64B	44.21B
Net Income to Common Excl. Extra Items	25.44B	12.36B	24.86B	34.64B	44.21B
Per Share Items
Net EPS - Basic	15.94	7.77	15.63	21.11	26.67
Basic EPS - Continuing Operations	15.94	7.77	15.63	21.11	26.67
Basic Weighted Average Shares Outstanding	1.6B	1.59B	1.59B	1.64B	1.66B
Net EPS - Diluted	15.85	7.75	15.55	20.96	26.35
Diluted EPS - Continuing Operations	15.85	7.75	15.55	20.96	26.35
Diluted Weighted Average Shares Outstanding	1.61B	1.6B	1.6B	1.65B	1.68B
Normalized Basic EPS	13.44	9.66	13.64	17.24	21.86
Normalized Diluted EPS	13.37	9.63	13.57	17.12	21.6
Dividend Per Share	9.94	2.4	8.71	12.06	14.23
Payout Ratio	70.87	85.25	46.99	60.6	60.67
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
Effective Tax Rate - (Ratio)	25.59	20.05	26.56	23.37	24.21
Total Current Taxes	10.2B	7.03B	10.58B	14.12B	15.85B
Total Deferred Taxes	354M	-3.39B	-427M	-2.11B	212M
Normalized Net Income	21.46B	15.36B	21.7B	28.29B	36.24B
Non-Cash Pension Expense	0	-99M	-101M	-142M	-166M
Supplemental Operating Expense Items
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	2.09B	1.76B	1.93B	2.63B	-
Total Stock-Based Compensation	2.09B	1.76B	1.93B	2.63B	-

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	26.34B	31.04B	30.13B	38.51B	46.54B
Investment Securities, Total	601B	698B	786B	813B	851B
Trading Asset Securities, Total	260B	330B	287B	295B	326B
Total investments	861B	1,028B	1,073B	1,108B	1,177B
Gross Loans	1,236B	1,337B	1,493B	1,561B	1,673B
Allowance For Loan Losses	-35.28B	-49.99B	-51.4B	-55.83B	-64B
Other Adjustments to Gross Loans	-20.06B	-16.13B	-17.4B	-	-
Net Loans	1,181B	1,271B	1,424B	1,505B	1,609B
Gross Property Plant And Equipment	42.1B	40.01B	42.22B	44.09B	46.17B
Accumulated Depreciation	-20.08B	-19.3B	-21.6B	-23.75B	-25.88B
Net Property Plant And Equipment	22.02B	20.7B	20.62B	20.34B	20.3B
Goodwill	2.28B	2.21B	2.28B	2.23B	1.61B
Other Intangibles, Total	20.04B	16.06B	14.63B	12.89B	11.11B
Investment in Real Estate	34.18B	29.92B	29.98B	29.29B	30.44B
Other Receivables	3.93B	8.39B	3.22B	4.14B	1.92B
Restricted Cash	48.95B	56.47B	61.04B	75.97B	91.25B
Other Current Assets, Total	16.48B	17.72B	17.36B	23.37B	14.24B
Deferred Tax Assets Long-Term (Collected)	4.3B	6.62B	6.9B	8.82B	9B
Other Real Estate Owned And Foreclosed	110M	103M	113M	567M	493M
Deferred Charges Long-Term	790M	784M	780M	749M	520M
Other Long-Term Assets, Total	54.54B	43.74B	41.31B	54.46B	52.45B
Total Assets	2,276B	2,533B	2,726B	2,884B	3,066B
Liabilities
Accounts Payable, Total	-	-	-	-	-
Accrued Expenses, Total	24B	23.52B	28.54B	31.65B	21.6B
Interest Bearing Deposits	831B	910B	965B	1,035B	1,140B
Non-Interest Bearing Deposits	595B	714B	812B	854B	862B
Total Deposits	1,426B	1,624B	1,777B	1,889B	2,002B
Short-Term Borrowings	69.5B	112B	67.26B	85.05B	103B
Current Portion of Long-Term Debt	8.63B	2.23B	2.14B	6.49B	10.58B
Long-Term Debt	20.27B	27.08B	28.29B	25.26B	21.65B
Long-Term Leases	4.06B	5.12B	4.33B	3.87B	3.71B
Current Income Taxes Payable	5.41B	5.42B	7.56B	7.84B	8.06B
Other Current Liabilities - (Bank / Utility Template)	183B	193B	209B	222B	372B
Unearned Revenue Non Current	330M	345M	371M	392M	242M
Pension & Other Post Retirement Benefits	1.11B	1.1B	1.07B	1.08B	1.08B
Deferred Tax Liability Non-Current	3.67B	2.88B	2.72B	2.47B	2.03B
Other Non Current Liabilities	320B	321B	355B	349B	243B
Total Liabilities	2,066B	2,318B	2,483B	2,624B	2,789B
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	162M	168M	168M
Additional Paid In Capital	17.82B	17.85B	17.86B	27.34B	26.94B
Retained Earnings	163B	168B	184B	199B	219B
Treasury Stock	-2.66B	-2.74B	-3.2B	-4.62B	-2.98B
Comprehensive Income and Other	-2.03B	-133M	10.11B	11.58B	12.35B
Total Common Equity	177B	183B	209B	233B	255B
Minority Interest	27.27B	26.37B	27.96B	21.02B	16.31B
Total Equity	209B	215B	243B	260B	277B
Total Liabilities And Equity	2,276B	2,533B	2,726B	2,884B	3,066B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.59B	1.59B	1.59B	1.65B	1.66B
ECS Total Common Shares Outstanding	1.59B	1.59B	1.59B	1.65B	1.66B
Book Value / Share	110.86	115.13	131.56	141.61	153.95
Tangible Book Value	154B	165B	192B	218B	242B
Tangible Book Value Per Share	96.85	103.67	120.93	132.44	146.27
Tangible Book Value Per Share (As Reported)	93.41	-	-	-	-
Average Assets	-	-	-	-	-
Average Loans	-	-	-	-	-
Total Debt	102B	146B	102B	121B	139B
Deposits at Interest - Cash	58.59B	68.1B	70.2B	93.11B	115B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-1.23B	-1.33B	-1.61B	-1.66B	-1.93B
Net Debt	-212B	-256B	-269B	-294B	-313B
Equity Method Investments, Total	21.59B	27.45B	29.36B	28.62B	33.61B
Full Time Employees	50.69K	50.12K	49.22K	49.32K	50.45K
Number Of Offices	1.11K	1.12K	1.14K	1.16K	1.21K

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	26.32B	13.16B	40.42B	35.64B	45.97B
Depreciation, Depletion & Amortization	4.86B	4.86B	4.48B	4.64B	4.81B
Amortization of Goodwill and Intangible Assets - (CF)	17M	11M	10M	8M	2M
Total Depreciation, Depletion & Amortization	4.88B	4.87B	4.49B	4.64B	4.81B
Amortization of Deferred Charges, Total	2.58B	2.68B	2.79B	2.67B	2.49B
(Gain) Loss On Sale of Asset - (CF)	-	-	-	-19M	-
(Gain) Loss on Sale of Investments - (CF)	13.97B	8.04B	39.66B	-	-
Total Asset Writedown	-	-	-	-230M	-
Provision for Credit Losses	7.96B	20.59B	9.87B	11.89B	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-2.26B	-
Stock-Based Compensation (CF)	-	-	-	55M	-
Change in Trading Asset Securities	-46.43B	-41.36B	-12.47B	-25.26B	-10.03B
Change in Other Net Operating Assets (Collected)	-98.39B	-173B	-148B	-108B	-196B
Other Operating Activities	-3.93B	2.18B	-36.43B	6.82B	59.17B
Net Cash From Discontinued Operations	-	-	-	-	-
Cash from Operations	-93.04B	-163B	-99.18B	-73.65B	-93.85B
Capital Expenditure	-7.42B	-5.01B	-2.98B	-3.7B	-5.52B
Sale of Property, Plant, and Equipment	3.38B	4.29B	576M	314M	438M
Cash Acquisitions	-8M	-	-120M	-	-
Divestitures	-48M	-167M	7M	-4M	-
Purchase / Sale of Intangible Assets	-1.49B	-1.77B	-1.97B	-1.09B	-703M
Sale (Purchase) of Real Estate Properties (Collected)	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	486M	3.08B	-188M	-127M	-264M
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-5.1B	430M	-4.67B	-4.6B	-6.05B
Long-Term Debt Issued, Total	7.27B	8.5B	3.17B	3.42B	5.64B
Total Debt Issued	7.27B	8.5B	3.17B	3.42B	5.64B
Long-Term Debt Repaid, Total	-6.58B	-9.96B	-3.54B	-3.79B	-7.42B
Total Debt Repaid	-6.58B	-9.96B	-3.54B	-3.79B	-7.42B
Issuance of Common Stock	2.07B	1.57B	3.53B	7.22B	4.54B
Repurchase of Common Stock	-	-	-	-3.54B	-443M
Issuance of Preferred Stock	-	-	-	-	-
Common Dividends Paid	-	-	-	-	-
Preferred Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-18.65B	-11.22B	-12.07B	-21.6B	-27.89B
Common & Preferred Stock Dividends Paid	-18.65B	-11.22B	-12.07B	-21.6B	-27.89B
Net Increase (Decrease) in Deposit Accounts - (CF)	116B	191B	112B	139B	143B
Other Financing Activities, Total	259M	-1.39B	-427M	-2.96B	-1.22B
Cash from Financing	101B	179B	103B	118B	116B
Foreign Exchange Rate Adjustments	-12.46B	-4.14B	4.8B	-5.96B	-16.9B
Net Change in Cash	-9.86B	12.22B	3.66B	33.47B	-1.05B
Supplemental Items
Cash Interest Paid	67.15B	46.13B	37.08B	56.79B	94.18B
Cash Income Tax Paid (Refund)	9.91B	7.1B	8.48B	13.82B	15.89B
Net Debt Issued / Repaid	685M	-1.46B	-379M	-367M	-1.78B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	1.39	0.6	1.07	1.4	1.69
Return On Equity %	15.03	6.83	12.25	15.67	18.78
Return on Common Equity	14.74	6.86	12.66	15.64	18.14
Shareholders Value Added	5.61B	-8.43B	2.13B	9.08B	16.73B
Margin Analysis
SG&A Margin	3.37	3.45	3.22	3.09	1.41
Net Interest Income / Total Revenues %	52.6	56.92	51.96	54.59	62.69
EBT Excl. Non-Recurring Items Margin %	33.54	24.12	31.28	35.36	40.22
Income From Continuing Operations Margin %	24.9	13.1	22.79	27.16	31.18
Net Income Margin %	21.35	11.88	20.86	24.58	28.49
Net Avail. For Common Margin %	20.64	11.15	20.19	23.89	27.4
Normalized Net Income Margin	17.41	13.86	17.63	19.52	22.46
Asset quality
Nonperforming Loans / Total Loans %	3.8	5.39	4.68	4.96	5.84
Nonperforming Loans / Total Assets %	2.06	2.85	2.56	2.69	3.19
Nonperforming Assets / Total Assets %	2.07	2.85	2.57	2.7	3.2
NPAs / Loans and OREO	3.8	5.4	4.69	5	5.87
NPAs / Equity	22.45	33.54	28.84	30.01	35.46
Allowance for Credit Losses / Net Charge-offs %	307.42	687.19	425.48	544.82	591.94
Allowance for Credit Losses / Nonperforming Loans %	75.18	69.33	73.51	72.09	65.5
Allowance for Credit Losses / Total Loans %	2.85	3.74	3.44	3.58	3.83
Net Charge-offs / Total Average Loans %	-	-	-	-	-
Provision for Loan Losses / Net Charge-offs %	69.4	283.12	81.73	117.73	150.41
Earning Assets / IBL	-	-	-	-	-
Interest Income / Average Assets	-	-	-	-	-
Interest Expense / Average Assets	-	-	-	-	-
Net Interest Income / Average Assets	-	-	-	-	-
Non Interest Income / Average Assets	-	-	-	-	-
Non Interest Expense / Average Asset	-	-	-	-	-
Capital And Funding
Total Average Common Equity / Total Average Assets %	7.84	7.49	7.47	7.89	8.2
Total Average Equity / Total Average Assets %	9.28	8.83	8.71	8.96	9.01
Total Equity + Allowance for Loan Losses / Total Loans %	17.59	17.86	17.83	18.89	19.4
Gross Loans / Total Deposits %	86.69	82.35	84.04	82.62	83.57
Net Loans / Total Deposits %	82.81	78.28	80.17	79.66	80.38
Tier 1 Capital Ratio %	13.46	14.03	14.69	14.51	14.95