SA gains lift Investec profit, dividend to record

Investec posted a record dividend for the fourth straight year as the South Africa- and UK-listed bank’s full-year profit climbed to a new high.

The specialist lender posted a 3.5% increase in “pre-provision” adjusted operating profit for the year ending March 31 to £1.08 billion ($1.4 billion) as revenue climbed 4.2%, it said in a statement on Thursday.

Adjusted earnings per share climbed 4.8% to 82.9 pence, beating the 80-pence median estimate by five analysts in a Bloomberg survey.

ADVERTISEMENT

CONTINUE READING BELOW

Return on equity dropped 30 basis points to 13.6% — remaining within the bank’s target range of 13% to 17%.

Read: Investec names Ryan Friedman to lead investment arm

Profit at the firm’s southern Africa business climbed 5.5% to £488.3 million, while its rose 1.3% at £462.7 million at UK operations.

It declared a final dividend of 21 pence for the second half, bringing the total payout for the year to 38.5 pence per share.

Read the Sens here and here.

© 2026 Bloomberg

#gains #lift #Investec #profit #dividend #record