CPI - Capitec Bank Holdings Limited

Mar 24, 2023 at 17:41 Twitter · Facebook

CPI share price on Johannesburg Stock Exchange

Capitec Bank Holdings Limited, founded in November 1999, is a registered bank controlling company conducting retail banking services including saving, credit, and transacting in South Africa. Capitec Bank Holdings, by means of its subsidiary companies, primarily operates and serves customers in South Africa.

Capitec Bank, a retail bank with more than 700 branches in South Africa, is a subsidiary of Capitec Bank Holdings which is listed on the JSE. Capitec Bank provides simplified and affordable banking facilities to clients via the innovative use of technology in a manner which is convenient and personalized. The bank's services focus on customer needs such as saving, which provides customers the ability to receive and store funds.

Capitec Bank Holdings Limited is listed on the Johannesburg Stock Exchange (JSE). Capitec is traded on the JSE under the ticker symbol “CPI”. The International Securities Identification Number (ISIN) of JSE:CPI is ZAE000035861. Capitec Bank Holdings Limited is currently the 17th most valuable stock on the JSE with a market capitalization of ZAR 188 billion, which is about 0.901% of the Johannesburg Stock Exchange equity market.

CPI Stock Market Performance

The current share price of Capitec Bank Holdings Limited (CPI) is ZAR 1,615.81. CPI closed its last trading day (Friday, March 24, 2023) at 1,615.81 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1% drop from its previous closing price of 1,631.87 ZAR. Capitec began the year with a share price of 1,858.57 ZAR but has since lost 13.1% off that price valuation, ranking it 330th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that CPI has lost 10% of the stock’s value from February 23rd to date.

Capitec Bank Holdings is the 145th most traded stock on the Johannesburg Stock Exchange over the past three months (Dec 22, 2022 - Mar 24, 2023). CPI has traded a total volume of 15.4 million shares—in 244,852 deals—valued at ZAR 27.2 billion over the period, with an average of 245,073 traded shares per session. A volume high of 853,879 was achieved on March 16th, and a low of 35,927 on December 23rd, for the same period. The table below details the last 10 trading days of activity of Capitec Bank on the Johannesburg Stock Exchange.

Profile of Capitec Bank Holdings Limited

Capitec Bank Holdings Limited was founded on November 23, 1999 and operates in the Financials sector, specifically, the Banking industry. Capitec Bank Holdings contracts an estimated total number of 13,069 employees.

CPI Industrial Market Competitors

Capitec Bank Holdings Limited, issuers of the CPI and Capitec Bank Preference Shares (-3.1%) stocks on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Banking industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange