Standard Bank

 

Key Performance Metrics

  • The review of Net Profit Margin witnessed a surging trend. The Net Profit Margin improved from 22.90% in 2019 to 285.55% in 2023.
  • The average EBIT Margin for the period under analysis was 64.62%, with 2022 and 2023 performing the worst and best, respectively.
  • In the current year, Standard Bank DSCR was 0.08 times in the current year- compared to 2019 when it was 0.16.
  • The ICR stood at 0.00 in 2021 from 1.67 in 2019, implying a low performance on how the business can pay its interest on outstanding debt.

Profitability

  • The revenue of Standard Bank has fluctuated year on year. The revenue decreased by 7.73% between 2019 and 2020 and a further 7.53% increase was recorded between 2020 and 2021. There also occurred an increase of 88.11 % between 2022 and 2023 (the current period). 
  • Standard Bank performance in profitability looks good as the return on equity also recorded good performance during the period of analysis.
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Liquidity

  • The company’s result in liquidity looks poor. Which implies that it does not enough assets to settle its current liabilities.

Capital Structure

  • Standard Bank is both equity and debt financed.
  • The debt-to-equity (D/E) ratio has been increasing year on year. The gearing position of the company appears to be low as it stood at 284% in the current year

Source: Standard Bank Annual Report

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