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

FirstRand Limited

FSRJ.J

Latest Trade

3,924.00ZAc

Change

-1.00(-0.03%)

Volume

13,728,542

Today's Range

3,850.00

 - 

3,974.00

52 Week Range

3,113.00

 - 

6,990.00

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

Pricing

Previous Close
3,925.00
Open
3,850.00
Volume
13,728,542
3M AVG Volume
372.11
Today's High
3,974.00
Today's Low
3,850.00
52 Week High
6,990.00
52 Week Low
3,113.00
Shares Out (MIL)
5,606.25
Market Cap (MIL)
222,827.60
Forward P/E
10.52
Dividend (Yield %)
3.72

Next Event

FirstRand Ltd Annual Shareholders Meeting

Latest Developments

More

FirstRand Posts FY Basic And Diluted HEPS Of 308.9 Cents

Firstrand Sees FY Headline Earnings Per Share 273.5-323.2 Cents

FirstRand Says PIC's Shareholding Has Increased To 14.076% Of Co's Shares

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

2196

South Africa

+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

Financial Director, Executive Director

Mary Vilakazi

Chief Operating Officer, Executive Director

Gert Kruger

Group Chief Risk Officer

Key Stats

2.27 mean rating - 11 analysts
Sell
Hold
Buy
Revenue (MM, ZAR)

2018

84.7K

2019

96.0K

2020

80.2K

2021(E)

106.7K
EPS (ZAR)

2018

4.730

2019

4.972

2020

3.089

2021(E)

3.729
Price To Earnings (TTM)
12.93
Price To Sales (TTM)
2.01
Price To Book (MRQ)
1.49
Price To Cash Flow (TTM)
9.39
Total Debt To Equity (MRQ)
16.66
LT Debt To Equity (MRQ)
16.66
Return on Investment (TTM)
--
Return on Equity (TTM)
1.04

Latest News

Latest News

UPDATE 2-S.Africa's FirstRand hopes to return to dividends next year

* Says crisis will weigh on profit for some time (Recasts on dividend, adds shares)

UPDATE 1-S.Africa's FirstRand warns profit could fall more than 20%

South African lender FirstRand said on Thursday its full-year profits were likely to be more than 20% lower than in 2019 due to falling revenues and a spike in bad debts, pushing its shares down almost 2.5%

S.Africa's FirstRand warns of over 20% profit fall

South African lender FirstRand said on Thursday its full-year profits were likely to be more than 20% lower than in 2019, due to a spike in bad debts and falling revenues.

South Africa's FirstRand bank pulls FY20 forecast

South African lender FirstRand Ltd on Friday withdrew its financial performance outlook for the year against the backdrop of the coronavirus crisis and related restrictions.

BRIEF-FirstRand Withdraws Financial Guidance For Year To June 30

* WITHDRAWAL OF FINANCIAL GUIDANCE FOR THE YEAR TO 30 JUNE 2020

Top executives at S.Africa's FirstRand take pay cut for 3 months amid virus

Top bosses of South Africa's FirstRand will take a one-third pay cut for three months, with the money to go to its fund focused on boosting critical healthcare capacity in the country in the coronavirus crisis, the bank said on Saturday.

UPDATE 2-S.Africa's FirstRand reports 5% half-year profit rise

FirstRand reported a 5% rise in normalised half-year profits on Tuesday, lifting its shares even as it warned the impact of a rapidly deteriorating economy in South Africa was becoming evident across its customer base.

S.African lender FirstRand reports 5% rise in HY profit

South African lender FirstRand reported on Tuesday a 5% rise in half-year profit.

UPDATE 1-S.Africa's RMB Holdings to give shareholders its $8.8 bln FirstRand stake

South African investment firm RMB Holdings (RMH) said on Tuesday it planned to distribute among shareholders its stake in lender FirstRand , worth about 130 billion rand ($8.8 billion), as part of a restructuring.

South Africa's RMB Holdings to distribute FirstRand stake

South African investment firm RMB Holdings (RMH) said on Tuesday it planned to distribute its stake worth about 130 billion rand ($8.8 billion) lender FirstRand to shareholders as part of a restructuring.

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)

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