Capitec Bank (CPI) Trading update summary

Earnings guidance

• Headline earnings per share expected to rise 20–25% to between 14,294 and 14,890 cents for FY2026, compared to 11,912 cents in FY2025.

• Earnings per share forecasted to increase 20–25% to between 14,293 and 14,889 cents for FY2026, up from 11,911 cents in FY2025.

Strategic and operational highlights

• Strategic decisions focused on strengthening long-term value and sustainable growth.

• Simplified fee structure introduced in March 2025, reducing transaction fees and merchant POS device prices.

• Continued client base growth and higher transaction volumes supported operational momentum.

Lending and product growth

• Increased lending activity driven by improved macroeconomic conditions and new credit offerings.

• Loan disbursements and lending income rose in Personal banking, with credit card client base expanding.

• Business banking lending income grew as the segment moved from build to growth phase, aided by client acquisition and retention.