22nd Apr 2026 11:55
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")
Financial information provided to the Industrial and Commercial Bank of China Limited ("ICBC") for the three months ended 31 March 2026
Financial information provided to ICBC
On a quarterly basis the Standard Bank Group discloses to ICBC sufficient information to enable ICBC to equity account the group's results. Accordingly, the following consolidated financial information, prepared on an International Financial Reporting Standards basis, is being provided to ICBC for the three months ended 31 March 2026 ("1Q26").
Statement of changes in ordinary shareholders' equity for the three months ended 31 March 2026
| Balance as at 1 January 2026 | Earnings attributable to ordinary shareholders | Other movements for the period | Balance as at 31 March 2026 |
| Rm | Rm | Rm | Rm |
Ordinary share capital | 165 | 165 | ||
Ordinary share premium | 20 108 | 20 108 | ||
Treasury shares | (4 582) | (605) | (5 187) | |
Foreign currency translation reserve (FCTR) | (20 251) | 3 302 | (16 949) | |
Retained Earnings* | 251 949 | 12 253 | (15 069) | 249 133 |
Other | 16 769 | (2 364) | 14 405 | |
Ordinary shareholders' equity | 264 158 | 12 253 | (14 736) | 261 675 |
* Other movements for the period in retained earnings primarily comprises the R14.5 billion ordinary dividends declared in March 2026
Standard Bank Group's 1Q26 earnings attributable to ordinary shareholders were R12.3 billion, up 12% compared to 1Q25, supported by a strong trading performance in the period. Headline adjustable items were immaterial. The group's 1Q26 headline earnings growth was in line with the growth in earnings attributable to ordinary shareholders.
The impact of the Middle East conflicts on the macroeconomic outlook, confidence and activity levels across the group's network remains subject to the intensity and duration thereof. At this stage, the group's guidance for the year ended 31 December 2026, as provided in March 2026, remains unchanged.
The information contained in this announcement has not been reviewed and reported on by the group's external auditors.
Johannesburg
22 April 2026
Enquiries:
Sarah Rivett-Carnac
JSE sponsor
The Standard Bank of South Africa Limited
Namibian sponsor
Simonis Storm Securities (Proprietary) Limited