FirstRand Limited (JSE: FSR)
South Africa
· Delayed Price · Currency is ZAR | Market Cap | 433.56B |
| Revenue (ttm) | 126.95B |
| Net Income (ttm) | 38.19B |
| Shares Out | 5.60B |
| EPS (ttm) | 6.81 |
| PE Ratio | 11.35 |
| Forward PE | 10.33 |
| Dividend | 4.30 (5.62%) |
| Ex-Dividend Date | Oct 9, 2024 |
| Volume | 9,525,737 |
| Open | 7,688.00 |
| Previous Close | 7,653.00 |
| Day's Range | 7,668.00 - 7,899.00 |
| 52-Week Range | 5,890.00 - 8,922.00 |
| Beta | 0.73 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 29, 2024 |
About FirstRand
FirstRand Limited, together with its subsidiaries, provides transactional, lending, investment, and insurance products and services in South Africa, rest of Africa, the United Kingdom, and internationally. The company offers deposit and savings products; personal loans; and asset and invoice finance, as well as SME commercial, residential, and buy-to-let mortgages. It also provides life and short-term insurance products; and vehicle finance, instalment credit and fleet management, and corporate and investment banking services. In addition, the ... [Read more]
Financial Performance
In 2024, FirstRand's revenue was 126.95 billion, an increase of 6.36% compared to the previous year's 119.36 billion. Earnings were 38.19 billion, an increase of 5.12%.
Financial StatementsNews
FirstRand Limited goes ex dividend tomorrow
Big international bank leaving South Africa
HSBC has concluded deals with FirstRand and Absa to takeover its South African operations as the bank cuts non-core operations and focuses on its growth in Asia.
South Africa: FirstRand's profit rises despite UK motor loans charge
Excluding the provision, normalised earnings grew by 10%, group chief executive officer Mary Vilakazi said in a statement
FirstRand’s bet on Africa bearing fruit
FirstRand has adopted a cautious approach to expanding in Africa, with it beginning to reap the rewards.
Another big international bank may leave South Africa
HSBC is in talks to sell its South African corporate banking unit to FirstRand’s Rand Merchant Bank as the UK lender sells non-core assets.
FirstRand CEO warns interest rates will be higher for longer
Interest rates will not return to the levels seen pre-pandemic as there are structural drivers of higher prices in South Africa.
FNB-owner banking on South African turnaround
FirstRand is doubling down on South Africa in a bet that interest-rate cuts and economic reform will create growth opportunities where it can spend excess cash sitting on its books.
FirstRand Banks on South Africa as It Sits on Excess Capital
FirstRand Ltd. is doubling down on South Africa in a bet that interest-rate cuts and economic reform will create growth opportunities, where it can spend excess cash sitting on its books.
FirstRand rolling with the UK punches
FirstRand posted a solid financial performance for the year ended 30 June despite raising a significant provision for an ongoing regulatory case in the UK.
FirstRand Profit Slows on Higher Provisions at UK Auto-Loan Unit
FirstRand Ltd., Africa’s biggest bank by market value, reported its slowest profit growth in four years after increasing provisions to account for an on-going probe at its UK vehicle-finance unit.
Standard Bank, FirstRand, Nedbank and Absa eyeing R23 trillion jackpot
South Africa's major banks are competing to finance Africa's energy transition, balancing immediate power needs with long-term sustainability.