African Bank - Audacity Life Changer Financial Turnaround Model

Life Changer: Financial Turnaround Engine

Interactive 5-Year Dynamic Pro-Forma Simulation (Calibrated to Published H1 2026 Results)

Strategic Scenario Insight

Year 5 Net Profit After Tax

R3,272m

▲ Full V-Turnaround from FY26 Base

Cost-to-Income (CTI)

34.3%

Down from 70.4% baseline

Return on Equity (ROE)

20.9%

Target Tier-1 Capital Return

Annual Cost Deflection

R922m

Branch advisory & manual underwriting saved
Transformation Vectors Year 5 Targets
1. Life Changer Adoption 55%

Active retail clients on Audacity 10-level engine

2. Credit Risk Relief (ECL) -35%

Impairment reduction via psychometric gating

3. Non-Interest (NIR) Growth +80%

In-app utilities, bill payments, and card velocity

4. Opex Deflection -20%

Digital FNA and self-service troubleshooting

5. Cost of Funds Optimization -100 bps

Low-cost transactional float from salary routing

Income Statement Trajectory (ZAR Millions)

Simulated Performance vs Baseline

Consolidated Statement of Total Comprehensive Income (ZAR Millions)

Line Item H1 2026 (Act) FY26 Base (Ann) Year 1 Year 2 Year 3 Year 4 Year 5