By Elena VardonStandard Bank Group said it expects to report that earnings per share rose last year. The South African bank said its headline earnings per share for the year ended Dec. 31 should come in between 2,522.0 and 2,624.5 South African cents ($1.32-$1.37), or 23% to 28% higher than the 2,050.4 cents it reported for 2022. EPS is expected to be between 2,592.6 and 2,696.3 cents, up 25% to 30% from the previous year's 2,074.1 cents. This change doesn't affect headline earnings per share, earnings per share, gross loans and advances, balance sheet provisions or coverage, it said. Write to Elena Vardon at elena.vardon@wsj.com(END) Dow Jones NewswiresFebruary 28, 2024 03:33 ET (08:33 GMT)Copyright (c) 2024 Dow Jones & Company, Inc.

Source: Wall Street Journal February 28, 2024 08:41 UTC