Record Pre-Provision Operating Profit
Pre-provision operating profit increased by 8% to over GBP 1 billion for the first time in the company's history.
Strategic Growth Initiatives
Significant growth initiatives announced with a target to generate an additional 200 basis points in returns by 2030, aiming for ROE over 16% and RoTE approximately 18%.
Dividend and Share Buyback
Board declared a final dividend of 20p, bringing the full year dividend to 36.5p, and supported a buyback of around ZAR 2.5 billion (approximately GBP 100 million) over the next 12 months.
Wealth and Investment Business Performance
The business generated strong capital and strong returns, with net inflows being realized this year.
Improved Cost-to-Income Ratio
Cost-to-income ratio improved from 53.8% to 52.6%.
Sustainability and Climate Action
Met commitments to reduce fossil fuel exposure and announced a 2030 target for transition and sustainable finance set at GBP 18 billion.