Investec Share Price (INVP)

Doubt it, but promotion to FTSE100 confirmed today. that will force buying for tracker funds.

Oooh interesting, ta

Https://x.com/baroninvestment/status/2062091610544881935

.wealthoracle.co.uk/company-results

Investec closed FY26 in line with the guidance set out at the March pre-close, with adjusted EPS growth of 3-6%, group ROE of 13.3-13.7% and pre-provision adjusted operating profit growth of 3-5%, maintaining the cost-to-income ratio inside the 52-54% target range. Business activity drove solid balance sheet growth: net core loans grew to £36.3bn (7.4% annualised in neutral currency), customer deposits rose to £45.5bn and South African funds under management jumped 26.7% to £29.6bn, partly offsetting the drag from lower average interest rates and ongoing NIM compression, particularly in the UK where margin pressure was largely offset by higher fee income and a post-Budget mortgage pickup. The ZAR2.5bn (c.£110m) buyback programme announced last May has now completed. Capital allocation continues to favour the corporate mid-market and private client segments, alongside digital platform modernisation. Management remains committed to the medium-term plan to generate an additional 200bps of returns by 2030, targeting ROE over 16% and ROTE c.18%. Results landed firmly within the pre-flagged guidance ranges across all key metrics. IN-LINE.

.wealthoracle.co.uk/company-results

Not sure who recommended this share on the WG site a few months ago , it might have been Davethehorse. Thanks, risen quite a lot since I bought it .

Let it continue