Jannie Mouton's Capitec Bank Stake Gains 209 Million

Jannie Moutons stake surged by 209.1 million, driven by a 24.58 increase in Capitec Bank's share price over 20 days.

Capitec Bank posted a 30.1 profit growth for the fiscal year ending February 2025, reaching 742.5 million in profit.

Moutons stake in Capitec now valued at 1.06 billion, reflecting strong investor confidence and boosting his position among South Africas top billionaires.

South African billionaire Jannie Mouton has seen a substantial increase in his wealth, thanks to a sharp rebound in the market value of his stake in Capitec Bank, one of Africas top retail banks.

Mouton, who co-founded Capitec alongside Michiel Le Roux and Riaan Stassen, owns a 5.11 percent stake in the bank through the J.F. Mouton Familie Trust. Over the past 20 days, the value of his shares has jumped by R3.9 billion 209.1 million, driven by renewed investor interest.

This surge comes after Capitec Bank announced record-breaking financial results for the fiscal year ending in February 2025. As a result, the banks shares soared more than 7 percent in the last trading session on the Johannesburg Stock Exchange JSE , a clear sign of growing investor confidence.

Capitec Bank , South Africa's leading retail bank, has earned a reputation as a trusted retail banking brand, serving a large customer base with 856 branches and 7,436 ATMs across the country. Over the past two decades, the bank has firmly established itself as a staple in South African banking.

For the fiscal year ending February 2025, Capitec reported a notable 30.1 percent increase in profit after tax , reaching 742.5 million. This growth is attributed to strong interest income, the bank's ongoing push into digital banking, and the success of value-added services like Capitec Connect.