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Voluntary update – Standard Bank Group Capital Markets Day
Standard Bank Group Limited
Registration number 1969/017128/06
Incorporated in the Republic of South Africa
Website: www.standardbank.com
Share codes
JSE share code: SBK ISIN: ZAE000109815
NSX share code: SNB ZAE000109815
A2X share code: SBK
SBKP ZAE000038881 (First preference shares)
SBPP ZAE000056339 (Second preference shares)
JSE bond code: SBKI
("Standard Bank Group" or "the group")
Voluntary update – Standard Bank Group Capital Markets Day
Standard Bank Group will host a Capital Markets Day later today. The group's executives will outline
how it will leverage its unique network and capabilities to capture the trends driving Africa's growth. In
doing so Standard Bank will accelerate growth, strengthen its competitiveness and unlock long?term
value. The group's targets for 2026 to 2028 are summarised as follows:
• Headline earnings per share growth of 8% to 12% per year;
• ROE target range of 18% to 22%;
• Revenue growth of 7% to 10% per year;
• Cost-to-income ratio sustainably below 50%;
• Credit loss ratio within a target range of 70 to 100 basis points;
• CET1 ratio above 12.5%; and
• Dividend payout ratio of 45% to 60%.
Standard Bank Group enters this next strategic period from a position of significant strength. The
group's strategy for 2026 to 2028 is rooted in continued disciplined execution and diligent capital
allocation to maximise the value of the group's diversified portfolio. In addition, Standard Bank Group
will invest deliberately in the capabilities that will define the future of financial services, including
technology, payments and AI, while ensuring that it maintains the resilience, prudence and
client-centricity that have defined the group for more than 160 years.
Standard Bank Group successfully delivered on its strategic commitments and core targets laid out in
August 2021, demonstrating its ability to execute effectively, even in periods of economic volatility.
Looking forward, the group is confident that it will meet its targets and continue to create long-term
value for all stakeholders.
Capital Markets Day materials and registration:
Standard Bank Group will host a webcast later today, starting at 13h00 (South Africa time). To access
the materials and/or register for the event please use the link below:
Capital Markets Day | Standard Bank
Forward-looking statements contained above are not statements of fact or guarantees of future
performance, results, strategies and objectives, and by their nature, involve risk and uncertainty. The
group's actual future performance, results, strategies and objectives may differ materially from the
plans, goals and expectations expressed or implied in the forward-looking statements.
The information contained in this announcement and that on which the operational performance
update is based has not been reviewed and reported on by the group's external auditors.
Johannesburg
26 March 2026
Enquiries:
Sarah Rivett-Carnac
sarah.rivett-carnac@standardbank.co.za
JSE sponsor
The Standard Bank of South Africa Limited
Namibian sponsor
Simonis Storm Securities (Proprietary) Limited
Date: 26-03-2026 08:00:00
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