Standard Bank delivered record headline earnings for its 2022 financial year thanks to strong growth across its businesses in the 20 African markets in which it operates.
Africa’s largest lender by assets said headline earnings rose 37% to R34.2bn in the year to end-December 2022, while profit attributable to ordinary shareholders rose 39% to R34.64bn, according to its results statement published on Thursday. That allowed Standard Bank’s board to declare a final dividend of 691c per share, taking the total dividend to 1,206c a share, which is 38% higher than the 871c distributed the prior year...
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