Standard Bank delivers record half-year headline earnings

Admin2 hours ago1122 min

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

Standard Bank continues to offer an access gateway to diversified African growth, supported by leading client franchises across the continent. Standard Bank remains committed to supporting its clients in achieving sustainable outcomes. Since 2022, the group has cumulatively mobilised over R328 billion in sustainable finance for clients against its target of R450 billion by 2028. In 1H26, the group mobilised R50.6 billion.