Capitec announces 32% profit increase, boosts dividend by 34%

Capitec Bank Holdings Limited (JSE:CPI) has announced a strong financial performance for the year ended 28 February 2025, with operating profit before tax increasing by 32% to ZAR17.740 billion. Headline earnings per share rose by 30% to 11 912 cents, prompting a 34% increase in the total dividend per ordinary share to 6 510 cents. A final gross dividend of 4 425 cents per share was declared on April 23, 2025, payable on May 19, 2025, to shareholders registered by May 16, 2025. The net asset value also saw a healthy rise, increasing by 17% to ZAR50.914 billion. The bank's integrated annual report is available on its website, with a virtual presentation scheduled for April 23 to discuss the results.