Adrian Gore's Discovery Bank Hits Profitability Milestone

Adrian Gore's Discovery Bank hits profitability milestone

Discovery posted strong unaudited interim results for the six months to December 2025, with normalised operating profit rising 24 percent to R8.9 billion, headline earnings up 29 percent to R5.69 billion, and normalised headline earnings climbing 27 percent to R5.75 billion. Return on equity reached 17.4 percent. New business annual premium income grew 12 percent to R14 billion and embedded value rose to R135.8 billion.Gore described the first h…

Discovery posts strong interim results as bank turns profitable – Moonstone Information Refinery

Looking at Discovery’s unaudited interim results for the six months to the end of December 2025, it is hard to say what is more impressive: that Discovery Health could write off a R125-million administrative error and still show 5% growth, or the remarkable turnaround and scaling momentum at Discovery Bank. At group level, Discovery delivered a strong performance in the first half of its 2026 financial year. Normalised operating profit rose 24% …