Capitec Reports 23% Profit Growth, with Majority of Income From Non-lending
Source ↗
👁 20
💬 0
Capitec reported a 23% rise in headline earnings to R16.8 billion for the financial year ended February 2026, with the majority of its income now generated from non-lending activities, underscoring a continued shift in its business model. Non-interest income accounted for 67% of income from operations after credit impairments, reflecting strong growth in fees, insurance […]
The post Capitec Reports 23% Profit Growth, with Majority of Income From Non-lending appeared first on TechMoran.
The post Capitec Reports 23% Profit Growth, with Majority of Income From Non-lending appeared first on TechMoran.
Comments (0)