14/08/2026
STANDARD BANK DELIVERS ROBUST HALF-YEAR HEADLINE EARNINGS OF R26.1 BILLION
The Standard Bank Group delivered a solid performance for the six months ended 30 June 2026, reporting record headline earnings of R26.1 billion, up 10% period-on-period, and a higher return on equity (ROE) of 19.8%. This is comfortably within the Group's 2028 ROE target range of 18% to 22%.
The Group remains focused on delivering client-led growth supported by disciplined capital allocation and robust risk management. This, together with continued investment in people, technology and capabilities, provides the framework for achieving the medium-term earnings growth and return targets.
The Group's banking businesses reported solid balance sheet growth, robust increases in fees and trading income, lower credit impairment charges and well-managed costs. The Insurance & Asset Management business delivered continued strong earnings growth and improved returns.
Presenting on the financial performance, Group CEO Sim Tshabalala highlighted that; “Standard Bank delivered a strong performance in the first half of 2026. Strong client-led growth in non-interest revenue, together with disciplined cost and credit management, supported growth in headline earnings and our highest return on equity under the Basel III capital framework."
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Standard Bank Group Standard Bank - South Africa
