for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

FirstRand Limited

FSRJ.J

Latest Trade

6,808.00ZAc

Change

120.00(+1.79%)

Volume

7,549,735

Today's Range

6,678.00

 - 

6,849.00

52 Week Range

5,486.00

 - 

7,179.00

As of on the Johannesburg Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
6,688.00
Open
6,711.00
Volume
7,549,735
3M AVG Volume
262.48
Today's High
6,849.00
Today's Low
6,678.00
52 Week High
7,179.00
52 Week Low
5,486.00
Shares Out (MIL)
5,609.10
Market Cap (MIL)
374,031.10
Forward P/E
12.27
Dividend (Yield %)
4.41

Next Event

FirstRand Ltd Annual Shareholders Meeting

Latest Developments

More

FirstRand Ltd Posts FY Basic Headline Earnings Per Share 497.2 Cents

S.A. Competition Commission Recommends Approval Of Absa Deal For Societe Generale Unit

Firstrand HY HEPS 237.9 Cents

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

About FirstRand Limited

FirstRand Limited provides banking, insurance and investment products and services to retail, commercial, corporate and public sector customers in South Africa and various African countries. The Company consists of a portfolio of financial services franchises, including First National Bank (FNB), a retail and commercial bank; Rand Merchant Bank (RMB), a corporate and investment bank; WesBank, its installment finance business, and Ashburton Investments, its investment management business. The Company's segments include FNB, FNB Africa, RMB, WesBank and FCC. FNB includes activities in the retail and commercial segments in South Africa. RMB includes activities in the corporate and investment banking segments in South Africa. WesBank includes activities in asset-based finance and related products in the retail, commercial and corporate segments of South Africa and rest of Africa, and asset-based motor finance through MotoNovo Finance in the United Kingdom.

Industry

Regional Banks

Contact Info

4 Merchant Place

Corner Fredman Drive & Rivonia Road

+27.11.2821808

https://www.firstrand.co.za

Executive Leadership

William Rodger Jardine

Independent Non-Executive Chairman

Alan Patrick Pullinger

Chief Executive Officer, Executive Director

Hetash Surendrakumar Kellan

Chief Financial Officer, Finance Director, Executive Director

Mary Vilakazi

Chief Operating Officer, Executive Director

Carnita Low

Company Secretary

Key Stats

3.00 mean rating - 12 analysts
Sell
Hold
Buy
Revenue (MM, ZAR)

2017

77.8K

2018

84.7K

2019

96.0K

2020(E)

110.5K
EPS (ZAR)

2017

4.240

2018

4.730

2019

4.972

2020(E)

5.379
Price To Earnings (TTM)
12.25
Price To Sales (TTM)
3.47
Price To Book (MRQ)
2.72
Price To Cash Flow (TTM)
20.82
Total Debt To Equity (MRQ)
17.23
LT Debt To Equity (MRQ)
17.23
Return on Investment (TTM)
--
Return on Equity (TTM)
1.98

Latest News

Latest News

South Africa's FirstRand cuts fees as 'war' with new rivals escalates

FirstRand is to become the latest South African lender to slash prices on its retail banking products, as the arrival of a host of new, cheaper rivals sparks a scramble for customers among South African banks.

UPDATE 2-S.Africa's FirstRand CEO says likely to shrink branches

* Profits increase 6 pct in H1, shares up 1.34 percent (Recasts, adds detail from CEO interview, shares)

South Africa's FirstRand reports higher HY earnings

South Africa's FirstRand said on Tuesday its profit in the six months to Dec. 31 rose by 6 percent.

S.Africa's FirstRand sees earnings increase from Discovery Card sale

FirstRand, one of South Africa's largest lenders, said on Friday it expects basic earnings per share for the first half of its financial year to increase between 22 percent and 24 percent.

S.Africa's Discovery to issue 11.4 mln shares to buy out FirstRand JV stake

South Africa's Discovery Ltd said on Friday it will issue 11.4 million shares to fund the acquisition of FirstRand's stake in their credit card joint venture, a condition for the launch of its planned Discovery Bank.

UPDATE 1-South Africa's FirstRand FY profit up 12 pct, beats forecasts

South Africa's largest lender FirstRand beat estimates with a 12 percent rise in annual profit on Thursday, helped by income and deposit fees.

UPDATE 2-S.Africa's Discovery strikes FirstRand deal to pay way for bank

* Discovery to fund transaction through equity issuance (Adds details, background, updates shares)

BRIEF-Firstrand Says Thomas Winterboer Appointed As Independent Non- Executive Director

* FIRSTRAND LTD - THOMAS WINTERBOER HAS BEEN APPOINTED AS AN INDEPENDENT NON- EXECUTIVE DIRECTOR OF FIRSTRAND LIMITED AND FIRSTRAND BANK LIMITED

BRIEF-FNB Says Firstrand Awarded Short-Term Insurance Licence By The Financial Services Board

* FIRSTRAND HAS BEEN AWARDED SHORT-TERM INSURANCE LICENCE BY THE FINANCIAL SERVICES BOARD

UPDATE 3-South Africa's FirstRand joins optimistic chorus on Ramaphosa era

* Incoming CEO says won't tinker with strategy (Adds incoming CEO comments in paragraph 13-14)

South African lender FirstRand reports slower H1 profit rise

South Africa's No.1 lender by value, FirstRand, reported a 6 percent increase in half-year profit on Tuesday, a substantial slowdown from a year ago as a weak economy hit investment and consumption spending.

BRIEF-FirstRand Posts HY HEPS Of ‍224.2​ Cents

* HY BASIC HEADLINE EARNINGS PER SHARE 224.2 CENTS VERSUS. 211.5 CENTS AS REPORTED YEAR AGO

BRIEF-FirstRand Says ‍South African Registrar Of Banks Approves Aldermore Acquisition

* SOUTH AFRICAN REGISTRAR OF BANKS APPROVED ACQUISITION AND CONDITION RELATED TO SUCH APPROVAL HAS BEEN SATISFIED WRT CASH OFFER FOR ALDERMORE

BRIEF-Firstrand Ltd Says South African Registrar Of Banks Approved Acquisition of Aldermore by FirstRand Offeror

* SARB APPROVED ACQUISITION OF ALDERMORE BY FIRSTRAND OFFEROR, A WHOLLY-OWNED SUBSIDIARY OF FIRSTRAND LIMITED

UPDATE 1-South Africa's FirstRand CEO to retire, names deputy as successor

South African lender FirstRand said on Tuesday its group Chief Executive Johan Burger will retire at the end of March after two and a half years at the helm and be succeeded by his deputy Alan Pullinger.

South Africa's FirstRand CEO to retire, names insider as successor

South African lender FirstRand said on Tuesday group Chief Executive Johan Burger will retire at the end of March and be succeeded by the company's group deputy CEO Alan Pullinger.

BRIEF-Firstrand Ltd Says ‍Johan Burger Will Retire As Group And Bank CEO

* JOHAN BURGER WILL RETIRE AS GROUP AND BANK CEO, EFFECTIVE 31 MARCH 2018

BRIEF-Aldermore Group Says Shareholders Vote Approve FirstRand Deal

* ALDERMORE GROUP SAYS THAT AT COURT MEETING, GENERAL MEETING OF SHAREHOLDERS HELD IN CONNECTION WITH RECOMMENDED ACQUISITION BY FIRSTRAND, ALL RESOLUTIONS WERE DULY PASSED

BRIEF-FirstRand ‍updates on impact of proposed acquisition of Aldermore on FirstRand Bank

* IMPACT OF FIRSTRAND GROUP'S PROPOSED ACQUISITION OF ALDERMORE ON FIRSTRAND BANK LIMITED

BRIEF-Aldermore, FirstRand enter deed of amendment to effect minor amendments

* ALDERMORE - CO, FIRSTRAND OFFEROR CONFIRM THEY HAVE ENTERED INTO A DEED OF AMENDMENT TO EFFECT MINOR AMENDMENTS TO COOPERATION AGREEMENT Source text for Eikon: Further company coverage: (Bengaluru Newsroom)

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up