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Capitec Group Reports Robust Interim Results, Serving Over 50% of South Africa's Adults

Capitec's interim results show impressive growth across all business segments. The bank now serves over half of South Africa's adult population, with a commanding market share among the youth.

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Capitec Group Reports Robust Interim Results, Serving Over 50% of South Africa's Adults

Capitec Group, South Africa's leading digital bank, has reported robust interim financial results, highlighting significant growth across various business segments. The group's total client base expanded by 8%, serving over half of the country's adult population.

Capitec's Insurance business emerged as a key driver, contributing 26% to the group's earnings and covering 15.8-million lives. Non-interest income grew by 19% to R13.4bn, largely driven by Value-Added Services (VAS), Capitec Connect, and Insurance. Meanwhile, net interest income after credit impairments surged by 27% to R7.1bn.

The Fintech business, encompassing VAS and Capitec Connect, also flourished, growing by 40% to R2.9bn. This growth was supported by an 11% increase in fully banked clients, reaching 9.4-million. Notably, clients aged between 16 and 35 grew to 12-million, giving Capitec a commanding 58% market share among the youth segment. Additionally, clients with salaries above R50,000 per month increased by 24%.

Former CEO Gerrie Fourie, who retired in July 2025, oversaw significant growth during his tenure. His leadership saw the group's headline earnings rise by 26% to R8bn in the period from March 2025 to August 2025. Consequently, return on shareholders' equity improved to 31%.

Capitec Group's strong interim results reflect its continued dominance in South Africa's digital banking landscape. The group's expansion across various segments, coupled with its growing client base, bodes well for future prospects. With a robust financial performance and a strong market position, Capitec is well-positioned to continue its growth trajectory.

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