JOHANNESBURG, Mar 26 – Standard Bank Group, Africa’s largest lender by assets, has forecast annual headline earnings per share growth of between 8% and 12% for the 2026–2028 period.
The South Africa-based bank is set to provide further details on its strategy during its upcoming Capital Markets Day, outlining key financial and operational targets for the medium term.
Standard Bank expects revenue to grow between 7% and 10% annually, supported by expansion across its core banking segments and regional operations.
The group also maintained its return on equity target range of 18% to 22%, signaling confidence in its ability to generate strong shareholder returns while balancing growth and risk.
In terms of capital distribution, the bank plans to sustain a dividend payout ratio of between 45% and 60%, reflecting a commitment to consistent returns for investors.
Asset quality is expected to remain stable, with the credit loss ratio projected within a range of 70 to 100 basis points over the medium term, indicating controlled exposure to non-performing loans.
The outlook underscores Standard Bank’s focus on disciplined growth, profitability, and capital efficiency as it navigates evolving economic conditions across African markets.
