SBK at R323 carries a P/E around 11x on a solid dividend yield, which looks reasonable for a big four bank…by @trpine_patient on $SBK

SBK at R323 carries a P/E around 11x on a solid dividend yield, which looks reasonable for a big four bank with consistent earnings from SA's interest rate cycle. The real question is whether net interest margin compression kicks in if rates start falling harder, so I'm holding b