Overview
- Capitec reported headline earnings of R16.8 billion for the year to February 2026, up 23% with return on equity at about 31%.
- Non‑interest income accounted for roughly 67% of income from operations, with transactions, Capitec Connect and insurance lifting that line 19% to R28.3 billion.
- Lending grew faster as total loan disbursements rose 34% to R98.3 billion, and the credit‑loss ratio increased to 8.1%.
- The bank’s scale deepened with 26 million clients and about 15 million active app users, which strengthens data‑driven credit and product decisions.
- Business banking and client protections advanced as entrepreneur clients grew 71%, the bank returned about R1 billion through lower pricing and rewards, and it blocked more than 131,000 fraudulent beneficiaries.