Has the South African Diversified Banks Industry valuation changed over the past few years?

Investors are relatively neutral on the industry at the moment, indicating that they anticipate long term growth rates to remain steady. The industry is trading close to its 3-year average PE ratio of 10.5x.

How does South African Diversified Banks compare with similar industries?

There is insufficient data on the sub-industries of this industry.

South African (JSE) Diversified Banks Industry Analysis

Date	Market Cap	Revenue	Earnings	PE
Sat, 28 May 2022	R778.8b	R276.9b	R62.5b	10.7x
Mon, 25 Apr 2022	R778.3b	R276.9b	R62.5b	9.9x
Wed, 23 Mar 2022	R821.9b	R307.1b	R64.6b	11.1x
Fri, 18 Feb 2022	R754.0b	R296.1b	R55.5b	12.4x
Sun, 16 Jan 2022	R716.2b	R296.1b	R55.5b	11.6x
Tue, 14 Dec 2021	R637.1b	R296.1b	R55.5b	10.7x
Thu, 11 Nov 2021	R627.2b	R296.1b	R55.5b	10.7x
Sat, 09 Oct 2021	R617.2b	R296.1b	R55.5b	10.7x
Mon, 06 Sep 2021	R662.6b	R289.9b	R52.0b	11.5x
Wed, 04 Aug 2021	R598.1b	R289.9b	R52.0b	10.1x
Sat, 08 May 2021	R536.7b	R275.9b	R41.0b	11.6x
Tue, 09 Feb 2021	R518.4b	R261.3b	R29.7b	16.2x
Mon, 02 Nov 2020	R422.2b	R265.8b	R34.5b	11.1x
Thu, 06 Aug 2020	R395.3b	R272.6b	R40.7b	9.2x
Sun, 10 May 2020	R397.8b	R289.8b	R55.0b	7.5x
Sat, 01 Feb 2020	R620.3b	R305.2b	R68.0b	7.9x
Tue, 05 Nov 2019	R679.5b	R305.9b	R70.1b	8.8x
Fri, 09 Aug 2019	R674.9b	R306.6b	R72.3b	8.9x


ZA Market	2.68%
Financials	2.71%
Banks	3.03%
Diversified Banks	3.03%
Regional Banks	0%

Company	Last Price	7D	1Y	Valuation
SBK Standard Bank Group	R168.20	4.5% +R12.0b	26.3%	PB1.3x
ABG Absa Group	R172.97	4.5% +R6.1b	21.1%	PB1.1x
NED Nedbank Group	R220.28	5.0% +R5.1b	37.5%	PB1.1x
SFN Sasfin Holdings	R32.00	11.0% +R97.2m	56.6%	PB0.6x

May 12

Standard Bank Group Limited Announces the Appointment of Ms Nonkululeko Nyembezi as the Chairman Designate

Standard Bank Group Limited further to the announcement released on the Stock Exchange News Service on 31 March 2022 in relation to the retirement of Mr. Thulani Sikhulu Gcabashe at the conclusion of the upcoming annual general meeting on 31 May 2022, the Group announced the appointment of Ms Nonkululeko Nyembezi as the Chairman designate of the boards of Standard Bank Group and The Standard Bank of South Africa Limited (SBSA). Ms Nyembezi will take over as Chairman of the Group and SBSA Boards, as well as Chairman of the Directors' Affairs Committee, with effect from 1 June 2022. This appointment followed a robust succession planning process that was ably led by the Group's Lead Independent Director. The Group has also obtained the necessary Prudential Authority clearance for the appointment. Ms Nyembezi was appointed to the boards of Standard Bank Group and SBSA in January 2020 as an independent non-executive director. She is a seasoned and respected leader with extensive experience in diverse industries, gained from many years as an executive and board member. Her experience includes that of board chairman and member of board committees, with core expertise in strategy, planning, execution, governance and corporate stewardship and a proven record as a leader in diverse and complex organisations. Ms Nyembezi's previous roles include the chairman of Alexander Forbes Group Holdings, non-executive director of Old Mutual, CEO of ArcelorMittal South Africa and non-executive director of Standard Bank Namibia. In line with the time commitment associated with her new role, Ms Nyembezi has reviewed her current commitments. Her role as the non-executive chairman of the Johannesburg Stock Exchange came to an end on 3 May 2022 and her external engagements will therefore be her board memberships at Anglo American plc and Macsteel.

South African (JSE) Diversified Banks Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

NED

Nedbank Appoints Phumzile Langeni as Independent Non-Executive Director

SBK

Standard Bank Group Limited Announces the Appointment of Ms Nonkululeko Nyembezi as the Chairman Designate

CPI

Upcoming dividend of R39.40 per share

SFN

High number of new directors

ABG

Upcoming dividend of R4.75 per share