{
  "id": 531680,
  "title": "The banks that have beaten Capitec over five years",
  "url": "https://urgent.news/2026/08/11/the-banks-that-have-beaten-capitec-over-five-years-531680",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-11T04:41:13.000Z",
  "source": {
    "name": "The Citizen",
    "slug": "the-citizen",
    "url": "https://www.citizen.co.za/business/the-banks-that-have-beaten-capitec-over-five-years/"
  },
  "original_language": "en",
  "account": "Despite Capitec being the top-performing bank among the \"big six\" over the past five years, Standard Bank Group and Investec Limited have delivered even higher returns. While Capitec's shares have increased by 179% on the JSE, Standard Bank and Investec have grown by 150% and 174%, respectively. However, it's essential to note that Standard Bank has paid out higher dividends on a relative basis, outperforming Capitec. The difference lies in their dividend payout ratios, with Investec targeting a 35% to 50% payout ratio and Standard Bank aiming for 45% to 60%. This has resulted in Standard Bank's total return reaching 249%, and Investec's reaching 264%. Meanwhile, Capitec's total return stands at 212%. Despite these impressive returns, FirstRand, which was previously a favorite among investors, has managed to regain its position as the largest bank in South Africa by market capitalisation.",
  "summary": "The top performer likely would not have been on anyone's proverbial bingo card ...",
  "key_points": [
    "Standard Bank Group outperformed Capitec with 249% total return",
    "Investec Limited surpassed Capitec with 264% total return",
    "FirstRand regained largest bank position in South Africa"
  ],
  "editors_take": "Standard Bank and Investec have outperformed Capitec in total returns over five years, thanks to their higher dividend payouts, shifting investor preferences away from Capitec's growth trajectory.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}