South Africa
Finance Banking
Submit newsAdvertiseSubscribe
NewsPress Office NewsCompaniesJobsEventsPeopleMultimediaFeaturesOpinion
AdvertiseSubmit news

Industries

All industriesAgricultureAutomotiveConstruction & EngineeringEducationEnergy & MiningEntrepreneurshipESG & SustainabilityFinanceHealthcareHR & ManagementICTLegalLifestyleLogistics & TransportManufacturingMarketing & MediaPropertyRetailTourism & Travel

Features

BizTrendsIAB Bookmarks AwardsWomen's MonthCannes LionsPendoringEffie AwardsBizTrendsTVWorld PR DayIMC ConferenceOrchids and OnionsThe Lead CreativeLoeries Creative WeekMore Sections..

In the news

ASK AFRICAOnPoint PRChadwicks Risk & InsuranceAICPA & CIMACapital LegacyLibertyRMB CorvestFedgroupBizcommunity.comTopco MediaBusiness Partners LimitedEnquire about a company Biz Press Office
Agriculture
Automotive
Construction & Engineering
Education
Energy & Mining
Entrepreneurship
ESG & Sustainability
Finance
Healthcare
HR & Management
ICT
Legal
Lifestyle
Logistics & Transport
Manufacturing
Marketing & Media
Property
Retail
Tourism & Travel

News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

Submit content

My Account

Advertise with us

Trending

2 days 7 days 30 days By Industry
Search jobs
Advertise your job vacancies
    Post your Job Ad here >>

    Subscribe & Follow


    Investec reports marginal rise in full-year earnings

    South African bank Investec reported a marginal rise in full-year earnings on Thursday, 21 May 2026 with client acquisition and growth in lending portfolios offsetting the impact of lower interest rates.
    By Nqobile Dludla and Lulah Dube
    21 May 2026
    Source: Pexels.
    Source: Pexels.

    • Investec, which also operates in Britain, posted headline earnings per share of 73.1 pence for the year to 31 March, compared with 72.6 pence the previous year.

    • Pre-provision adjusted operating profit increased 3.5% to £1.1bn ($1.48bn) as revenue grew 4.2% to £2.3bn.

    • Revenue was supported by lending growth of 9.6% to £35.5bn, continued client acquisition and strong net inflows in discretionary and annuity funds under management.

    • Net interest income fell 1.6% to £1.3bn, tempered by the so-called endowment effect of declining interest rates, even though it benefited from growth in average lending and a lower cost of funding.

    • The credit loss ratio - a measure of bad loans against total lending - on core loans improved to 36 basis points, within its through-the-cycle target range of 25 to 45 basis points.

    • Credit loss impairments rose slightly to £124m.

    • Investec announced a final dividend of 21 pence per share.

    Share this article

    Source: Reuters

    Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

    Go to: https://www.reuters.com/
    TopicsNext
    Related
    Top stories
    More news
    Let's do Biz