Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Investec PLC (GB:INVP)
LSE:INVP
Earnings Data
Report Date
May 15, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 21, 2024
|% Change Since: -8.74%
|Next Earnings Date:May 15, 2025
Earnings Call Sentiment|Positive
The earnings call presented strong financial performance with significant growth in funds under management and an increase in dividends, reflecting a positive outlook. However, challenges such as elevated group costs, increased credit loss ratios, and market pressures in the UK were acknowledged.Company Guidance
In the recent call, the company reported strong financial performance for the six-month period ending September 30, 2024, with adjusted earnings per share at 39.5p, marking a significant improvement from the 26.3p reported in the first half of 2022. The company's funds under management saw impressive double-digit growth to GBP23.4 billion, with inflows of ZAR10 billion in South Africa. The loan books increased by over 5% to GBP31.7 billion, and deposits grew by just under 5% to GBP40.4 billion. The return on equity (ROE) was reported at 13.9%, aligning with the company's guidance range of 13% to 17%. Additionally, the Board declared a dividend of 16.5p, reflecting a 6.5% increase from the prior period, or ZAR3.80 in rands, representing an 8% increase. The company also highlighted a cost-to-income ratio improvement to just under 51%, with an expectation for the year of between 51% and 53%. The credit loss ratio was reported at 42 basis points, at the higher end of the 25-45 bps range, with South Africa at the lower end and the U.K. experiencing elevated levels. Pre-provision operating profit grew by double digits to GBP542 million, driven by net interest income and noninterest revenue growth, while fixed operating costs rose by 6.7%.Strong Financial Performance
Adjusted earnings per share reached 39.5p, at the upper end of the guidance range, showing a consistent improvement from 26.3p in the first half of '22. Record high return on equity (ROE) of 13.9% and return on tangible equity (ROTE) of 16.4% were achieved.
Growth in Key Business Areas
Funds under management in South Africa, including Switzerland, saw double-digit growth to GBP23.4 billion with inflows of ZAR10 billion. The loan book increased by over 5% to GBP31.7 billion, and deposits grew by just under 5% annualized to GBP40.4 billion.
Dividend Increase
The Board declared a dividend of 16.5p, a 6.5% increase over the prior period, reflecting strong cash generation and shareholder returns.
Sustainability Commitment
Progress continues toward achieving Net Zero by 2050, with significant disclosures on fossil fuel commitments and advocacy for client and supplier decarbonization.
Positive Economic Outlook
An improving operating environment with expected GDP growth of 1.7% in South Africa and 1.8% in the UK for 2025, supported by a stable electricity supply and political optimism post-elections.
---
GB:INVP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
GB:INVP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 21, 2024 | 589.54p | 594.40p | +0.82% |
| May 23, 2024 | 521.53p | 494.73p | -5.14% |
| Nov 16, 2023 | 486.72p | 470.49p | -3.33% |
| May 18, 2023 | 383.73p | 393.30p | +2.49% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Investec PLC (GB:INVP) report earnings?
Investec PLC (GB:INVP) is schdueled to report earning on May 15, 2025, TBA Not Confirmed.
What is Investec PLC (GB:INVP) earnings time?
Investec PLC (GB:INVP) earnings time is at May 15, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Investec PLC stock?
The P/E ratio of Investec is N/A.
What is GB:INVP EPS forecast?
Currently, no data Available
---