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Capitec Bank Holdings Ltd

29 September 2014 

Capitec Bank released its unaudited results for the six months ended 31 August 2014 this morning and the bank has shown another 6 months of solid growth, despite concerns in the local banking industry after the collapse of African Bank and downgrades by ratings agencies. Highlights included:

  • Active clients: 5.8 million
  • Headline earnings up 21% to R1.173 billion
  • Headline earnings per share up 21% to 1018 cents
  • Interim dividend per share up 21% to 246 cents
  • Return on Equity: 25%
  • Growth in net transaction fee income: 34% Courtesy of SENS 

Leigh Riley, Premium Client Manager

Capitec Bank Holdings Ltd, 29/09/2014

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