Standard Bank Group Limited · JSE:SBK
Standard Bank — H1 2024 Earnings Presentation
6 slides from Standard Bank's earnings presentation, September 2024
Slide 1: Africa is our home, we drive her - Standard Bank Group
AFRICA IS OUR HOME, WE DRIVE HER STANDARD BANK GROUP September 2024
Slide 2: Who we are
Who we are #1 on the Attractive investment 4 businesses 26 countries continent1 proposition 19.5m Customers2 Recognised Growing and PERSONAL & and trusted engaged client PRIVATE BANKING brand franchise R166bn Originated3 BUSINESS & Banking COMMERCIAL Targeted Well diversified BANKING Côte d’Ivoire G
Slide 3: Diversified and resilient business
Diversified and resilient business SBG 1H24 highlights – delivered strong returns, improved efficiency and Headline earnings by business3 higher dividends Rbn % Change CIB 10.4 -1% Group headline SBG Franchise Group interim R22 bn earnings BCB 4.7 +1% headline earnings1 dividend payout ratio PPB 5.0
Slide 4: 1H24 - growth off a high base, supported by positive jaws and improved credit charges
Gross customer loans1 (Rtrn) Customer deposits1 (Rtrn) 1H24 – growth off a high base, supported by positive jaws Jun-19 Jun-20 Jun-21 Jun-22 Jun-23 Jun-24 Jun-19 Jun-20 Jun-21 Jun-22 Jun-23 Jun-24 and improved 0.5 0.2 0.5 0.2 0.5 0.2 0.6 0.3 0.6 0.3 0.6 0.3 1.0 0.2 1.2 0.3 1.2 0.3 1.3 0.4 1.4 0.4 1.
Slide 5: Driving sustainable growth and value
Driving sustainable growth and value Our short term commitments... ...and medium and long-term aspirations Key macroeconomic trends positive across our portfolio SBG portfolio, weighted average FY24 FY25 Key drivers The leading private bank3 ~2.8m Target Inflation (%) 7.7 7.0 Inflation trending down
Slide 6: Market data and ESG scores
Driving sustainable growth and value Market data TEN MAJOR SHAREHOLDERS¹ 28-Jun-24 31-Dec-23 ESG scores Number of Number of shares shares Ten major shareholders (million) % holding (million) % holding Industrial and Commercial Bank of China 325.0 19.4 325.0 19.4 Government Employees Pension Fund (PI