Home Africa South Africa: Standard Bank’s interim results for 2024 are far from standard

South Africa: Standard Bank’s interim results for 2024 are far from standard

South Africa: Standard Bank’s interim results for 2024 are far from standard

Africa Links 24 with Neesa Moodley
Published on 2024-08-15 19:09:10

The market and at least one analyst have reacted favourably to Standard Bank’s interim results for 2024, released on Thursday. The bank’s share price climbed just over 6% intraday to close at R232.82 yesterday, locking in a 15% gain over the last three months.

Headline earnings climbed 4% to R22-billion, while the interim dividend was up 8% at R7.44 a share. 

Group chief executive Sim Tshabalala said the favourable performance was underpinned by continued franchise growth in the…

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