Standard Bank Group Limited (SGBLY)

OTCMKTS · Delayed Price · Currency is USD
12.85
-0.18 (-1.38%)
Dec 6, 2024, 4:00 PM EST
21.80%
Market Cap 21.34B
Revenue (ttm) 8.93B
Net Income (ttm) 2.40B
Shares Out n/a
EPS (ttm) 1.43
PE Ratio 8.90
Forward PE n/a
Dividend 0.60 (4.16%)
Ex-Dividend Date Sep 13, 2024
Volume 181
Open 13.22
Previous Close 13.03
Day's Range 12.85 - 13.03
52-Week Range 8.69 - 14.68
Beta 0.77
Analysts n/a
Price Target n/a
Earnings Date Mar 13, 2025

About Standard Bank Group

Standard Bank Group Limited provides banking and financial products and services in South Africa and internationally. It offers transactional accounts and digital banking platforms; personal and business lending solutions to enhance cash flow; finance for buying, building, and maintaining home; foreign exchange services; trusts and third-party administration accounts; workplace solutions, such as payroll and HR, financial planning, and employer value banking; merchant solutions, including point-of-sale, ecommerce, digital payments, payment proc... [Read more]

Sector Financials
Founded 1862
Employees 50,451
Stock Exchange OTCMKTS
Ticker Symbol SGBLY
Full Company Profile

Financial Performance

In 2023, Standard Bank Group's revenue was 161.36 billion, an increase of 19.80% compared to the previous year's 134.69 billion. Earnings were 44.21 billion, an increase of 29.11%.

Financial numbers in ZAR Financial Statements

News

Standard Bank Profits Rise Despite Currency Hit

The South African lender said currency devaluations and the recent strength of the rand diluted its performance in local currency, but it reported growth in headline earnings and confirmed its guidanc...

6 days ago - The Wall Street Journal

South Africa: Standard Bank and Soapbox collaborate to explore sustainable business solutions

The project responded to the brief: How might Standard Bank Group incentivise our clients to adopt more sustainable practices?

18 days ago - Zawya

South Africa: Standard Bank unveils new support programme for township entrepreneurs

The bank will create engagement platforms with local SMEs, where they will provide insights, tools as well as networking opportunities that can enable businesses in either the starting, managing, or g...

19 days ago - Zawya

StanChart Explores Helping Lesotho Raise Energy Transition Fund

Standard Chartered Plc and Standard Bank Group Ltd. are exploring working with Lesotho on raising a fund to help the country meet its energy needs and start exporting power.

20 days ago - BNN Bloomberg

Africa’s energy transition must also focus on development

Development needs to be at the core of African countries’ efforts to drive a just energy transition to a low-carbon economy or they will be unsustainable, as high-level speakers at the Standard Bank G...

5 weeks ago - African Business

Saudi Exim Bank partners with South African banks

The Saudi EXIM has allocated a credit line of $25mln to Standard Bank to support Saudi non-oil exports to South Africa and other African countries

7 weeks ago - Zawya

South Africa: Standard Bank sees tenfold surge in PayShap ID transactions

The growth in the use of PayShap ID has accelerated even further between the first and third quarters of 2024

7 weeks ago - Zawya

South Africa: Standard Bank sees 13% drop in branch transactions due to digital adoption

Over the same period, online transactions increased by 30% to 1.5 billion transactions with Standard Bank clients performing an average of 10,400 digital transactions per month

2 months ago - Zawya

Capitec powers ahead

Capitec is the best-performing banking stock on the JSE in 2024. Here is a look at the company and how it compares to Absa, Standard Bank, and Nedbank.

2 months ago - Daily Investor

Big South African bank shrinking branches

Standard Bank is reducing the size of its branches as clients increasingly use digital channels to transact.

2 months ago - Daily Investor

Standard Bank bets on Mauritius

Standard Bank has expanded its business in Mauritius as companies increasingly look for a more stable environment to operate from in Africa.

2 months ago - Daily Investor

Standard Bank hosts its 4th annual Climate Summit

Standard Bank Group is gearing up to host the fourth instalment of its highly anticipated Climate Summit.

3 months ago - African Business

Credit cards booming in South Africa

Standard Bank has seen a sharp uptick in the issuance of new credit cards, reflecting increased demand and a willingness from banks to extend credit to consumers.

3 months ago - Daily Investor

South Africa: Standard Bank sees 52% rise in new credit-card users

The rise in credit-card usage might be driven by consumers looking to earn more UCount reward points

3 months ago - Zawya

From taking on Jacob Zuma to running South Africa’s biggest bank

Lungisa Fuzile famously opposed Jacob Zuma's R1.6 trillion nuclear deal and fought against state capture before becoming CEO of Standard Bank South Africa.

3 months ago - Daily Investor

South Africa’s biggest bank gets a new CEO

Standard Bank announced its South African division will have a new CEO starting 1 September 2024.

3 months ago - Daily Investor

Top Africa Lender Standard Bank Shuffles Senior-Executive Roles

Standard Bank Group Ltd. appointed Kenny Fihla as its deputy chief executive officer and leader of the South Africa business, its biggest geographic unit.

3 months ago - BNN Bloomberg

Standard Bank, FirstRand, Nedbank and Absa eyeing R23 trillion jackpot

South Africa's major banks are competing to finance Africa's energy transition, balancing immediate power needs with long-term sustainability.

3 months ago - Daily Investor

South African Standard Bank sees increased home-loan approvals as demand resurfaces

As interest rates climbed to cool off inflation, the home-loans sector experienced a sharp decline

3 months ago - Zawya

Tide is turning for South Africa’s property market

Standard Bank is seeing an increase in demand for home loans as anticipated interest rate cuts reignite the residential property market.

3 months ago - Daily Investor

Standard Bank’s African adventure

Standard Bank is one of the few South African corporates to successfully expand across Africa. CEO Sim Tshabalala explained to Daily Investor how it managed this.

3 months ago - Daily Investor

South African Standard Bank Group announces higher earnings and increased dividends

This performance is driven by the banks expanding client base, increased digital adoption, and strategic capital allocation

3 months ago - Zawya

Standard Bank’s lending taps are opening

Africa's largest bank anticipates strong lending growth in the future due to interest rate cuts, and increased consumer confidence across its markets.

3 months ago - Daily Investor

Standard Bank Group to raise 67.55% stake in Nigerias Stanbic IBTC Holdings

Currently, Stanbic IBTC Holdings has a total paid-up share capital of N109.3 billion

3 months ago - Zawya

Biggest African Lender Standard Bank Says Profit Dips on ICBC

Standard Bank Group Ltd., Africa’s biggest lender by assets, said first-half profit fell 2% after earnings from its joint venture with China’s largest lender almost halved.

4 months ago - BNN Bloomberg