IMARA CAPITAL RECOMMENDS STRONG BUY ON STANDARD CHARTERED SHARES.

Article By: Gilbert Manenye

Local stock brokerage firm Imara Capital has issued an "accumulate" rating on Standard Chartered Bank Botswana, urging investors to strongly consider buying the stock.

The recommendation follows the bank's market-leading shareholder returns.

Imara’s latest research highlights Standard Chartered as the most expensive banking stock on the Botswana Stock Exchange, trading at P7.26 per share—above ABSA’s P7.05 and BBS Limited’s P0.65.

Despite its premium pricing, the bank outperformed its peers in key metrics. For the full year ended 31 December 2024, it reported earnings per share of P1.16 and a dividend yield of 13.08%, making it the most rewarding stock among Botswana’s listed banks.