Standard Bank Group Fact sheet
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CONTACTS Standard Bank Group is the largest African banking group by assets offering a full range of banking and related financial services. Our strategy is to be the leading financial services organisation in, for and across Africa, delivering exceptional client experiences and superior value. Our African network has been built over the past 28 years. We currently operate in 20 countries on the African continent, including South Africa. The group is also positioned to access pools of capital in key developed markets. Our strategic position and our balanced portfolio of businesses provide significant opportunities to grow. Standard Bank Group’s headline earnings for the six months to 30 June 2016 were R10,9 billion (USD705 million) and at 30 June 2016 its total assets were R1,9 trillion (USD133 billion) and market capitalisation was R206 billion (USD14,1 billion). Standard Bank employed more than 55 000 people (including Liberty) across all geographies and has 1 215 branches and 8 713 ATMs on the African continent. The long-term foreign currency ratings for The Standard Bank of South Africa, the single largest operating entity within the Standard Bank Group, are: Fitch Ratings BBB- (stable), Moody’s Baa2 (negative) and Standard & Poor’s BBB- (negative). The group is listed on the JSE Limited, share code SBK, and the Namibian Stock Exchange, share code SNB. The largest bank in the world, ICBC, is a 20.1% shareholder in the group. Other than the 20.1% ICBC shareholding, 29.7% of Standard Bank’s shareholder base is foreign. Directors: TS Gcabashe (Chairman), Shu Gu ** (Deputy chairman), SK Tshabalala * (Chief executive), BJ Kruger * (Chief executive), Dr A Daehnke * , RMW Dunne # , Adv KD Moroka, Dr ML Oduor-Otieno ## , AC Parker, ANA Peterside ### , MJD Ruck, PD Sullivan *** , BS Tshabalala, Wenbin Wang ** , EM Woods * Executive director ** Chinese *** Australian # British ## Kenyan ### Nigerian Investor relations Sarah Rivett-Carnac, Tel: +27 11 631 6897 [email protected] Group secretary Zola Stephen, Tel: +27 11 631 9106 Customers 0860 123 000, [email protected] Physical address 9th Floor, Standard Bank Centre, 5 Simmonds Street Johannesburg, 2001 Postal address PO Box 7725, Johannesburg, 2000 Share transfer secretaries in South Africa: Computershare Investor Services (Pty) Limited, Ground Floor, 70 Marshall Street, Johannesburg 2001. PO Box 61051, Marshalltown, 2107 Namibia: Transfer Secretaries (Pty) Limited 4 Mugabe Avenue, Windhoek, Namibia PO Box 2401, Windhoek, Namibia Independent sponsor Deutsche Securities (SA) (Pty) Limited Joint sponsor The Standard Bank of South Africa Limited (acting through its Corporate & Investment Banking business unit) Return on equity 14.4% 1H15: 15.1% Dividend per share 340 cents 1H15: 303 cents +12% Headline earnings R10 861 million 1H15: R10 373 million +5% Cost-to-income ratio 56.8% 1H15: 57.3% Africa is our home, we drive her growth Standard Bank Group Fact sheet for the six months ended 30 June 2016 Standard Bank Group Limited Registration No. 1969/017128/06 Incorporated in the Republic of South Africa
Transcript of Standard Bank Group Fact sheet
CONTACTS
Standard Bank Group is the largest African banking group by assets offering a full range of banking and related financial services.
Our strategy is to be the leading financial services organisation in, for and across Africa, delivering exceptional client experiences and superior value.
Our African network has been built over the past 28 years. We currently operate in 20 countries on the African continent, including South Africa. The group is also positioned to access pools of capital in key developed markets. Our strategic position and our balanced portfolio of businesses provide significant opportunities to grow.
Standard Bank Group’s headline earnings for the six months to 30 June 2016 were R10,9 billion (USD705 million) and at 30 June 2016 its total
assets were R1,9 trillion (USD133 billion) and market capitalisation was R206 billion (USD14,1 billion). Standard Bank employed more than 55 000 people (including Liberty) across all geographies and has 1 215 branches and 8 713 ATMs on the African continent.
The long-term foreign currency ratings for The Standard Bank of South Africa, the single largest operating entity within the Standard Bank Group, are: Fitch Ratings BBB- (stable), Moody’s Baa2 (negative) and Standard & Poor’s BBB- (negative). The group is listed on the JSE Limited, share code SBK, and the Namibian Stock Exchange, share code SNB. The largest bank in the world, ICBC, is a 20.1% shareholder in the group. Other than the 20.1% ICBC shareholding, 29.7% of Standard Bank’s shareholder base is foreign.
Directors: TS Gcabashe (Chairman), Shu Gu** (Deputy chairman), SK Tshabalala* (Chief executive), BJ Kruger* (Chief executive), Dr A Daehnke*, RMW Dunne#, Adv KD Moroka, Dr ML Oduor-Otieno##, AC Parker, ANA Peterside###, MJD Ruck, PD Sullivan***, BS Tshabalala, Wenbin Wang**, EM Woods *Executive director **Chinese ***Australian #British ##Kenyan ###Nigerian
Investor relations Sarah Rivett-Carnac, Tel: +27 11 631 6897 [email protected]
Group secretary Zola Stephen, Tel: +27 11 631 9106
Customers 0860 123 000, [email protected]
Physical address 9th Floor, Standard Bank Centre, 5 Simmonds Street Johannesburg, 2001
Postal address PO Box 7725, Johannesburg, 2000
Share transfer secretaries in South Africa: Computershare Investor Services (Pty) Limited, Ground Floor, 70 Marshall Street, Johannesburg 2001. PO Box 61051, Marshalltown, 2107
Namibia: Transfer Secretaries (Pty) Limited 4 Mugabe Avenue, Windhoek, NamibiaPO Box 2401, Windhoek, Namibia
Independent sponsor Deutsche Securities (SA) (Pty) Limited
Joint sponsor The Standard Bank of South Africa Limited (acting through its Corporate & Investment Banking business unit)
Return on equity
14.4%1H15: 15.1%
Dividend per share
340 cents1H15: 303 cents
+12%
Headline earnings
R10 861 million1H15: R10 373 million
+5%
Cost-to-income ratio
56.8%1H15: 57.3%
Africa is our home, we drive her growth
Standard Bank Group Fact sheetfor the six months ended 30 June
2016
Standard Bank Group Limited Registration No. 1969/017128/06Incorporated in the Republic of South Africa
Banking and other financial services to individual customers and small-to medium-sized enterprises in
South Africa, the rest of Africa and the Channel Islands
Personal & Business Banking
1H16 1H15
Headline earnings Rm 5 492 4 834
Headline earnings change % 14 16
Headline earnings contribution to the group % 51 47
Return on equity % 16.4 16.1
Cost-to-income ratio % 61.1 60.8
Credit loss ratio % 1.41 1.48
Net loans and advances Rbn 620 596
Corporate & Investment Banking services to clients including governments, parastatals,
larger corporates, financial institutions and international counterparties
Corporate & Investment Banking
1H16 1H15
Headline earnings Rm 4 983 4 399
Headline earnings change % 13 55
Headline earnings contribution to the group % 46 42
Return on equity % 18.2 17.7
Cost-to-income ratio % 54.0 55.2
Credit loss ratio % 0.49 0.25
Net loans and advances Rbn 515 508
Life insurance and investment management activities of group companies in the Liberty
Holdings Group
Liberty
1H16 1H15
BEE normalised headline earnings as reported by Liberty Rm 1 821 1 991
Headline earnings attributable to the group Rm 886 933
Headline earnings contribution % 8 9
Return on equity % 15.3 18.7
Normalised equity value Rbn 42 40
Third party funds under management Rbn 366 346
www.standardbank.com/reporting
Times covered¢¢ Cents
■ Dividend per share – interim 141 212 233 259 303 340■ Dividend per share – final 284 243 300 339 371 –
Dividend cover 2.1 2.1 2.0 1.8 2.0 2.0
FY11 FY12 FY13 FY14 FY15 1H16
150
300
450
600
750
1.0
2.0
3.0
4.0
5.0
FY11 FY12 FY13 FY14 FY15 1H16
300
600
900
1 200
1 500
¢¢ Cents
■ First half 435 469 520 519 650 680
■ Second half 452 488 564 562 739 –
DIVIDEND PER SHARE AND DIVIDEND COVERCAGR (1H11 – 1H16): 19%
HEADLINE EARNINGS PER SHARECAGR (1H11 – 1H16): 9%
Change%
1H16 1H15
Rm Rm
Standard Bank GroupTotal headline earnings Rm 5 10 861 10 373Profit attributable to ordinary shareholders Rm (18) 10 812 13 229Ordinary shareholders’ equity Rm 6 149 690 141 470Share statisticsHeadline earnings per ordinary share (EPS) cents 5 679,8 649,8Diluted headline EPS cents 5 671,2 639,1Basic EPS cents (18) 676,7 828,7Diluted EPS cents (18) 668,1 815,0Dividend per share cents 12 340,0 303,0Net asset value per share cents 6 9 381 8 832Tangible net asset value per share cents 6 7 869 7 418Number of ordinary shares in issueEnd of period thousands (0) 1 595 627 1 601 792Weighted average thousands 0 1 597 746 1 596 273Diluted weighted average thousands (0) 1 618 260 1 623 184Capital adequacyTotal capital adequacy ratio % 15.9 16.0Tier I capital adequacy ratio % 13.6 13.6Common equity tier I ratio % 13.2 13.1Employee statisticsNumber of employees 8 55 137 50 960
