Capitec Bank Holdings Ltd (OTCPK:CKHGY)
$ 92.67 1.13 (1.23%) Market Cap: 21.46 Bil Enterprise Value: 19.85 Bil PE Ratio: 32.23 PB Ratio: 8.26 GF Score: 87/100

Full Year 2024 Capitec Bank Holdings Ltd Earnings Call Transcript

Apr 23, 2024 / 06:00AM GMT
Release Date Price: $56.63 (+7.17%)
Anton Friend

Ladies and gentlemen, let's give a warm round of applause to our CEO, Gerrie Fourie.

Gerhardus Metselaar Fourie
Capitec Bank Holdings Limited - CEO & Executive Director

Good morning, ladies and gentlemen. It's nice to see all the faces. The head office is basically full. I'm glad to cover with Grant and we've got everyone at work. So that's quite nice. It's a privilege for me to bring to you the financial results of 2024.

I think if I look at the -- what stands out for me, exceptional growth in the second 6 months, 25%. I think the ability to move our clients to digital and electronic payments away from cash and how do we've diversified the company stands out.

But I'll go through that in detail. There's the questions, if you want to ask questions, Anton is on standby. He is ready to bring those questions to us afterwards. Hopefully, we answer all those questions in the presentation. If I look at the last 3 years, what have we done. We've invested ZAR 6.3 billion in diversifying the company over a 3-year period.

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