View ValuationFirstRand 将来の成長Future 基準チェック /36FirstRand利益と収益がそれぞれ年間15.9%と10.4%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に21.7% 14.1%なると予測されています。主要情報15.9%収益成長率14.10%EPS成長率Diversified Financial 収益成長53.9%収益成長率10.4%将来の株主資本利益率21.68%アナリストカバレッジGood最終更新日03 May 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Apr 07FirstRand Limited to Report Fiscal Year 2026 Results on Sep 10, 2026FirstRand Limited announced that they will report fiscal year 2026 results on Sep 10, 2026お知らせ • Mar 31FirstRand Limited Announces Executive Changes, Effective from 1 April 2026FirstRand announced that the group has restructured parts of its operating model within its banking portfolio, which has resulted in changes in certain senior roles. The majority of the changes relate to FNB, which has for many years operated with a customer segment model encompassing a retail and commercial segment, underneath which were sub segments. Designed to meet customer needs and provide focused and appropriate product sets and solutions, this model underpinned FNB's ability to scale its client franchises and become South Africa's most profitable retail and commercial bank. The group now believes the absolute size and scale of the subsegments means the model requires simplification. As a result, the following segment model changes will be implemented. The overarching retail and commercial construct will be replaced by a retail and business banking (RBB) segment servicing entry level to middle income individuals and SME's. Lytania Johnson, currently the CEO of the personal subsegment will step up into the role of CEO of RBB and at the same time become the CEO of FNB. Lytania has been with FNB for 25 years, serving as the CEO of the personal segment for the past three years. A new standalone segment will sit alongside RBB, representing private banking and wealth management. Sizwe Nxedlana remains the CEO, a role he has held since 2023. The enterprise and public sector subsegments of commercial will move into the recently established commercial and corporate bank (CCB) run by Muneer Ismail. Harry Kellan, current CEO of the retail and commercial segment and FNB, will step down and take early retirement at the end of 2026. Harry has been with the group for 22 years, including 10 years as group CFO. He took over the role of FNB CEO in April 2024 and quickly embarked on a strategy to reduce structural complexity, improve agility and decision-making and unlock efficiencies. The structural changes announced result from these efforts. In addition to the changes at FNB, the group as appointed a group Chief Operating Officer to specifically focus on increasing collaboration, operational effectiveness and disciplined coordination across the group. Gert Kruger, who has been the group chief risk officer (CRO) since 2017, has bee gn appointed to this role, given his deep understanding of the operational structures of the group. Emma Mer, previously the CRO of the retail and commercial segment and FNB, will replace Gert Kruger as group CRO. All changes are effective 1 April 2026 and have received the necessary regulatory approval.Buy Or Sell Opportunity • Jan 05Now 21% undervaluedOver the last 90 days, the stock has risen 15% to €4.54. The fair value is estimated to be €5.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Earnings per share has grown by 7.4%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.お知らせ • Dec 05FirstRand Limited Announces Appointment of Social, Ethics and Transformation Committee MembersFirstRand Limited, at the AGM held on 2 December, 2025 approved appointment of PD Naidoo, TC Isaacs, LL von Zeuner and Dr SP Sibisi as social, ethics and transformation committee members.お知らせ • Oct 28+ 1 more updateFirstRand Limited (JSE:FSR) agreed to acquire 20.10% stake in Channel Vas Investments Limited.FirstRand Limited (JSE:FSR) agreed to acquire 20.10% stake in Channel Vas Investments Limited on October 27, 2025. Rand Merchant Bank acted as financial advisor for FirstRand Limited.お知らせ • Aug 27FirstRand Limited to Report Fiscal Year 2025 Results on Sep 11, 2025FirstRand Limited announced that they will report fiscal year 2025 results at 8:30 AM, South Africa Standard Time on Sep 11, 2025お知らせ • Mar 06FirstRand Limited Declares Interim Gross Cash Ordinary Dividend for the Six Months Ended 31 December 2024, Payable 7 April 2025FirstRand Limited announced that the directors declared an interim gross cash ordinary dividend totalling 219.0 cents per ordinary share out of income reserves for the six months ended 31 December 2024. Last day to trade cum-dividend is 1 April 2025, Shares commence trading ex-dividend is 2 April 2025, Record date is 4 April 2025 and Payment date is 7 April 2025.お知らせ • Feb 21FirstRand Limited to Report Q2, 2025 Results on Mar 06, 2025FirstRand Limited announced that they will report Q2, 2025 results at 8:30 AM, South Africa Standard Time on Mar 06, 2025お知らせ • Nov 15FirstRand Limited Announces Board ChangesFirstRand Limited advised following board committees changes to further strengthen the skill sets of the respective committees. FirstRand audit committee: Mr. GG Gelink will retire as the chair of the committee, at the upcoming annual general meeting, effective 29 November 2024. The appointment of Mr. T Winterboer as chair effective 30 November 2024 and Mr. PJ Makosholo as a member of the committee, effective 14 November 2024. FirstRand remuneration committee: Mr. GG Gelink will retire as a member of the committee, effective 29 November 2024. The appointment of Mr. PJ Makosholo as a member of the committee, effective 14 November 2024. FirstRand risk, capital management and compliance committee: Mr. GG Gelink will retire as a member of the committee, effective 29 November 2024.お知らせ • Oct 31FirstRand Limited, Annual General Meeting, Nov 29, 2024FirstRand Limited, Annual General Meeting, Nov 29, 2024. Location: firstrand auditorium, ground floor, 4 merchant place, sandton, South AfricaBuy Or Sell Opportunity • Oct 28Now 20% undervaluedOver the last 90 days, the stock has risen 6.7% to €4.14. The fair value is estimated to be €5.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 27% in 2 years. Earnings are forecast to grow by 28% in the next 2 years.Buy Or Sell Opportunity • Oct 11Now 20% undervaluedOver the last 90 days, the stock has risen 1.5% to €4.04. The fair value is estimated to be €5.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 27% in 2 years. Earnings are forecast to grow by 28% in the next 2 years.Upcoming Dividend • Oct 02Upcoming dividend of R2.15 per shareEligible shareholders must have bought the stock before 09 October 2024. Payment date: 14 October 2024. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.5%).Buy Or Sell Opportunity • Sep 16Now 20% undervaluedOver the last 90 days, the stock has risen 20% to €4.20. The fair value is estimated to be €5.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 28% in 2 years. Earnings are forecast to grow by 28% in the next 2 years.Declared Dividend • Sep 15Final dividend of R2.15 announcedShareholders will receive a dividend of R2.15. Ex-date: 9th October 2024 Payment date: 14th October 2024 Dividend yield will be 52%, which is higher than the industry average of 6.4%. Sustainability & Growth Dividend is covered by earnings (61% payout ratio) and is expected to be covered in 3 years' time (58% forecast payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 26% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Sep 13Full year 2024 earnings releasedFull year 2024 results: Revenue: R127.0b (up 5.1% from FY 2023). Net income: R39.7b (up 9.2% from FY 2023). Profit margin: 31% (up from 30% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Diversified Financial industry in Germany.お知らせ • Sep 06FirstRand Limited Appoints Paballo Makosholo as Independent Non-Executive Director, Effective 1 October 2024FirstRand Limited announced that Mr. Paballo Makosholo has been appointed as an independent non-executive director to company’s board of directors with effect from 1 October 2024. Paballo is a qualified chartered accountant with over 15 years of experience in strategy development, governance, auditing, investments, and corporate finance, which adds to the skillset of the board.Buy Or Sell Opportunity • Aug 06Now 20% undervaluedOver the last 90 days, the stock has risen 19% to €3.82. The fair value is estimated to be €4.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 21% in the next 2 years.お知らせ • Jun 28FirstRand Limited to Report Fiscal Year 2024 Results on Sep 12, 2024FirstRand Limited announced that they will report fiscal year 2024 results on Sep 12, 2024Buy Or Sell Opportunity • Jun 05Now 20% undervaluedOver the last 90 days, the stock has risen 2.5% to €3.22. The fair value is estimated to be €4.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.Buy Or Sell Opportunity • Apr 26Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.6% to €2.96. The fair value is estimated to be €3.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 25% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.Upcoming Dividend • Mar 19Upcoming dividend of R2.00 per shareEligible shareholders must have bought the stock before 26 March 2024. Payment date: 02 April 2024. Trailing yield: 6.4%. Within top quartile of German dividend payers (5.0%). In line with average of industry peers (6.7%).Buy Or Sell Opportunity • Mar 05Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.7% to €3.06. The fair value is estimated to be €3.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 21% in the next 2 years.Reported Earnings • Mar 04First half 2024 earnings released: EPS: R3.48 (vs R3.20 in 1H 2023)First half 2024 results: EPS: R3.48 (up from R3.20 in 1H 2023). Revenue: R62.8b (up 7.8% from 1H 2023). Net income: R19.5b (up 8.9% from 1H 2023). Profit margin: 31% (in line with 1H 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Declared Dividend • Mar 03First half dividend of R2.00 announcedShareholders will receive a dividend of R2.00. Ex-date: 26th March 2024 Payment date: 2nd April 2024 Dividend yield will be 68%, which is higher than the industry average of 6.4%. Sustainability & Growth Dividend is covered by earnings (57% payout ratio) and is expected to be covered in 3 years' time (60% forecast payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Mar 01FirstRand Limited Declares Final Gross Cash Ordinary Dividend for the Six Months Ended 31 December 2023, Payable on 02 April 2024FirstRand Limited announced that the directors declared a final gross cash ordinary dividend totaling 200.0 cents per ordinary share out of income reserves for the six months ended 31 December 2023 against 189.0 cents per share paid a year ago. Ex-dividend date is 26 March 2024. Record date is 28 March 2024. Payment date is 02 April 2024.お知らせ • Feb 21FirstRand Limited Announces Management ChangesFirstRand Limited announced changes to company's social, ethics and transformation committee: Ms TC Isaacs and Mr. LL von Zeuner have been appointed as members effective 1 April 2024; and Mr. JP Burger will resign as a committee member effective 31 March 2024.Buy Or Sell Opportunity • Feb 08Now 20% undervaluedOver the last 90 days, the stock has risen 2.5% to €3.22. The fair value is estimated to be €4.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 9.6% per annum over the same time period.お知らせ • Nov 23FirstRand Limited Appoints Johan Burger as Chairman of Board with Effect from 1 December 2023FirstRand Limited announced that Mr. Johan Burger will assume the role of chairman of the Board with effect from 1 December 2023. Mr. Johan Burger has given notice of his resignation from the OUTsurance Group Limited (OGL) and OUTsurance Holdings Limited (OHL) Boards with effect from 30 November 2023. Johan served on the OGL Board since June 2014 and on the OHL Board since November 2022.お知らせ • Nov 21FirstRand Limited to Report Q2, 2024 Results on Feb 29, 2024FirstRand Limited announced that they will report Q2, 2024 results on Feb 29, 2024Buying Opportunity • Nov 07Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 7.6%. The fair value is estimated to be €4.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings is also forecast to grow by 9.0% per annum over the same time period.Buying Opportunity • Oct 11Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 7.9%. The fair value is estimated to be €3.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings is also forecast to grow by 9.0% per annum over the same time period.お知らせ • Oct 05FirstRand Limited, Annual General Meeting, Nov 30, 2023FirstRand Limited, Annual General Meeting, Nov 30, 2023.Recent Insider Transactions • Oct 05Chief Executive Officer of RMB recently bought €7.8m worth of stockOn the 26th of September, Emmarentia Brown bought around 2m shares on-market at roughly €3.22 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €14m more in shares than they have sold in the last 12 months.Buying Opportunity • Sep 22Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.2%. The fair value is estimated to be €3.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings is also forecast to grow by 8.6% per annum over the same time period.Reported Earnings • Sep 20Full year 2023 earnings released: EPS: R6.49 (vs R5.84 in FY 2022)Full year 2023 results: EPS: R6.49 (up from R5.84 in FY 2022). Revenue: R120.8b (up 12% from FY 2022). Net income: R36.4b (up 11% from FY 2022). Profit margin: 30% (in line with FY 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 08FirstRand Limited Announces Board ChangesFirstRand Limited announced that the following board committee amendments have been made in accordance with paragraph 3.59(c) of the JSE Limited Listings Requirements to improve the skill sets of the respective committees. FirstRand audit committee: The appointment of Ms. TC Isaacs and Ms. Z Roscherr as members of the committee, effective 1 December 2023. Mr. RM Loubser will retire as a member of the committee, effective 30 November 2023. FirstRand risk, capital management and compliance committee: The appointment of Ms. Z Roscherr as chair and Ms. T Isaacs as members of the committee, effective 1 December 2023. Mr. RM Loubser will retire as chair of the committee, effective 30 November 2023. FirstRand social, ethics and transformation committee: The appointment of Ms. PD Naidoo as chair as Ms. Z Roscherr will be stepping down as chair of the committee, effective 1 December 2023.お知らせ • Jun 23FirstRand Limited Appoints Ms Tamara Carol Isaacs as an Independent Non-Executive DirectorFirstRand Limited announced that Ms Tamara Carol Isaacs has been appointed as an independent non-executive director to FirstRand's board of directors (board) with effect from 22 June 2023. Ms Isaacs is a CA(SA) with more than 18 years' experience in financial services. She was a partner at KPMG for five years until April 2018, where she led the management consultancy practice at the Cape Town office. Prior to KPMG, she was the audit partner at PricewaterhouseCoopers (PwC) and also served as a human capital partner for three years. Tamara previously served as non-executive director of PSG Konsult Limited from 2019 to 2023 and is currently a trustee and member of the Mitchells Plain Bursary and Role Models Trust.お知らせ • Jun 22FirstRand Limited to Report Fiscal Year 2023 Results on Sep 14, 2023FirstRand Limited announced that they will report fiscal year 2023 results on Sep 14, 2023Recent Insider Transactions • Mar 26Key Executive recently bought €263k worth of stockOn the 17th of March, Hetash Kellan bought around 83k shares on-market at roughly €3.17 per share. This transaction amounted to 4.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Hetash has been a buyer over the last 12 months, purchasing a net total of €968k worth in shares.Upcoming Dividend • Mar 22Upcoming dividend of R1.89 per share at 6.2% yieldEligible shareholders must have bought the stock before 29 March 2023. Payment date: 03 April 2023. Trailing yield: 6.2%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.8%).Reported Earnings • Mar 03First half 2023 earnings released: EPS: R3.21 (vs R2.82 in 1H 2022)First half 2023 results: EPS: R3.21 (up from R2.82 in 1H 2022). Revenue: R59.6b (up 13% from 1H 2022). Net income: R18.5b (up 17% from 1H 2022). Profit margin: 31% (up from 30% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Dec 28Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 1.7%. The fair value is estimated to be €4.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has grown by 7.3%. For the next 3 years, revenue is forecast to grow by 9.9% per annum. Earnings is also forecast to grow by 8.0% per annum over the same time period.Upcoming Dividend • Oct 05Upcoming dividend of R3.10 per shareEligible shareholders must have bought the stock before 12 October 2022. Payment date: 17 October 2022. Trailing yield: 6.0%. Within top quartile of German dividend payers (5.3%). Higher than average of industry peers (2.7%).Recent Insider Transactions • Oct 02CEO & Executive Director recently bought €1.1m worth of stockOn the 26th of September, Alan Pullinger bought around 304k shares on-market at roughly €3.56 per share. This transaction amounted to 5.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Alan has been a buyer over the last 12 months, purchasing a net total of €1.8m worth in shares.Reported Earnings • Sep 18Full year 2022 earnings released: EPS: R5.84 (vs R4.77 in FY 2021)Full year 2022 results: EPS: R5.84 (up from R4.77 in FY 2021). Revenue: R107.6b (up 13% from FY 2021). Net income: R32.8b (up 23% from FY 2021). Profit margin: 31% (up from 28% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 23Upcoming dividend of R1.57 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 04 April 2022. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 4.4%. Within top quartile of German dividend payers (3.6%). Higher than average of industry peers (2.1%).Reported Earnings • Mar 05First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: EPS: R2.82 (up from R1.99 in 1H 2021). Revenue: R52.6b (up 18% from 1H 2021). Net income: R15.8b (up 42% from 1H 2021). Profit margin: 30% (up from 25% in 1H 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 15%, compared to a 13% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Recent Insider Transactions • Dec 18CEO & Executive Director recently bought €725k worth of stockOn the 15th of December, Alan Pullinger bought around 230k shares on-market at roughly €3.15 per share. In the last 3 months, they made an even bigger purchase worth €891k. Alan has been a buyer over the last 12 months, purchasing a net total of €1.6m worth in shares.Recent Insider Transactions • Oct 27Key Executive recently bought €356k worth of stockOn the 20th of October, Hetash Kellan bought around 103k shares on-market at roughly €3.45 per share. In the last 3 months, there was an even bigger purchase from another insider worth €891k. Hetash has been a buyer over the last 12 months, purchasing a net total of €637k worth in shares.Upcoming Dividend • Oct 06Upcoming dividend of R1.53 per shareEligible shareholders must have bought the stock before 13 October 2021. Payment date: 18 October 2021. Trailing yield: 4.9%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (2.2%).Recent Insider Transactions • Oct 06CEO & Executive Director recently bought €891k worth of stockOn the 28th of September, Alan Pullinger bought around 249k shares on-market at roughly €3.58 per share. This was the largest purchase by an insider in the last 3 months. This was Alan's only on-market trade for the last 12 months.Reported Earnings • Sep 18Full year 2021 earnings released: EPS R4.77 (vs R3.04 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: R94.9b (up 18% from FY 2020). Net income: R26.7b (up 57% from FY 2020). Profit margin: 28% (up from 21% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Mar 24Upcoming dividend of R1.10 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 06 April 2021. Trailing yield: 4.2%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (2.3%).Recent Insider Transactions • Mar 17Chief Executive Officer of FNB recently sold €113k worth of stockOn the 15th of March, Jacques Celliers sold around 37k shares on-market at roughly €3.10 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €244k more than they sold in the last 12 months.Is New 90 Day High Low • Mar 11New 90-day high: €3.00The company is up 15% from its price of €2.62 on 11 December 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.34 per share.Reported Earnings • Mar 06First half 2021 earnings released: EPS R1.99 (vs R2.49 in 1H 2020)The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: R44.6b (down 6.9% from 1H 2020). Net income: R11.1b (down 20% from 1H 2020). Profit margin: 25% (down from 29% in 1H 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 15% per year.Is New 90 Day High Low • Dec 11New 90-day high: €2.72The company is up 33% from its price of €2.04 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.50 per share.Recent Insider Transactions • Nov 21Independent Non-Executive Director recently bought €13k worth of stockOn the 20th of November, Louis Von Zeuner bought around 5k shares on-market at roughly €2.54 per share. In the last 3 months, there was an even bigger purchase from another insider worth €201k. Insiders have collectively bought €357k more in shares than they have sold in the last 12 months.Valuation Update With 7 Day Price Move • Nov 12Market bids up stock over the past weekAfter last week's 19% share price gain to R2.52, the stock is trading at a trailing P/E ratio of 16.4x, up from the previous P/E ratio of 13.8x. This compares to an average P/E of 33x in the Diversified Financial industry in Germany. Total return to shareholders over the past three years is a loss of 5.4%.Is New 90 Day High Low • Nov 11New 90-day high: €2.34The company is up 27% from its price of €1.84 on 13 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.71 per share.Is New 90 Day High Low • Oct 26New 90-day high: €2.20The company is up 8.0% from its price of €2.04 on 28 July 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.87 per share.業績と収益の成長予測DB:FSRA - アナリストの将来予測と過去の財務データ ( )ZAR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数6/30/2028186,09261,959N/AN/A76/30/2027172,92056,475N/AN/A76/30/2026160,87043,802N/AN/A712/31/2025139,29643,926-116,154-106,978N/A9/30/2025136,05242,901-120,666-113,149N/A6/30/2025132,80741,876-125,178-119,320N/A3/31/2025131,18740,818-86,533-79,202N/A12/31/2024129,56639,759-43,064-34,260N/A9/30/2024128,26038,975-57,244-49,310N/A6/30/2024126,95338,191-71,424-64,360N/A3/31/2024125,42738,055-114,309-107,859N/A12/31/2023123,90037,919-157,194-151,358N/A9/30/2023121,62837,125-143,912-138,399N/A6/30/2023119,35636,331-130,630-125,440N/A3/31/2023116,30035,599-62,967-58,220N/A12/31/2022113,24334,8664,6968,999N/A9/30/2022110,40333,814-25,416-21,427N/A6/30/2022107,56232,761-55,528-51,854N/A3/31/2022105,26932,094-55,177-51,961N/A12/31/2021102,97631,427-54,826-52,068N/A9/30/202198,94529,085-65,871-62,796N/A6/30/202194,91326,743-76,916-73,525N/A3/31/202185,91020,457-73,419-69,580N/A12/31/202076,90614,171-69,922-65,635N/A9/30/202078,55215,596-55,499-50,373N/A6/30/202080,19717,021-41,076-35,112N/A3/31/202087,63122,741-66,800-59,893N/A12/31/201995,06428,461-92,524-84,675N/A9/30/201995,41529,336N/A-98,810N/A6/30/201995,76530,211N/A-112,945N/A3/31/201993,94529,870N/A-107,881N/A12/31/201892,12429,529N/A-102,818N/A9/30/201888,38928,038N/A-99,907N/A6/30/201884,65326,546N/A-96,997N/A3/31/201882,76825,989N/A-93,940N/A12/31/201780,88325,432N/A-90,883N/A9/30/201779,33425,002N/A-76,625N/A6/30/201777,78524,572N/A-62,368N/A3/31/201776,77924,272N/A-61,280N/A12/31/201675,77323,972N/A-60,192N/A9/30/201673,79523,268N/A-56,306N/A6/30/201671,81622,563N/A-52,421N/A3/31/201670,05822,181N/A-69,068N/A12/31/201568,29921,799N/A-85,716N/A9/30/201568,07921,711N/A-87,730N/A6/30/201567,85921,623N/A-89,744N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: FSRAの予測収益成長率 (年間15.9% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: FSRAの収益 ( 15.9% ) German市場 ( 17.1% ) よりも低い成長が予測されています。高成長収益: FSRAの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: FSRAの収益 ( 10.4% ) German市場 ( 6.8% ) よりも速いペースで成長すると予測されています。高い収益成長: FSRAの収益 ( 10.4% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: FSRAの 自己資本利益率 は、3年後には高くなると予測されています ( 21.7 %)成長企業の発掘7D1Y7D1Y7D1YDiversified-financials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/25 18:10終値2026/05/22 00:00収益2025/12/31年間収益2025/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋FirstRand Limited 8 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。22 アナリスト機関Ilan StermerAnchor Stockbrokers Proprietary LimitedJaap MeijerArqaam Capital Research Offshore S.A.L.Adrienne DamantAvior Capital Markets19 その他のアナリストを表示
お知らせ • Apr 07FirstRand Limited to Report Fiscal Year 2026 Results on Sep 10, 2026FirstRand Limited announced that they will report fiscal year 2026 results on Sep 10, 2026
お知らせ • Mar 31FirstRand Limited Announces Executive Changes, Effective from 1 April 2026FirstRand announced that the group has restructured parts of its operating model within its banking portfolio, which has resulted in changes in certain senior roles. The majority of the changes relate to FNB, which has for many years operated with a customer segment model encompassing a retail and commercial segment, underneath which were sub segments. Designed to meet customer needs and provide focused and appropriate product sets and solutions, this model underpinned FNB's ability to scale its client franchises and become South Africa's most profitable retail and commercial bank. The group now believes the absolute size and scale of the subsegments means the model requires simplification. As a result, the following segment model changes will be implemented. The overarching retail and commercial construct will be replaced by a retail and business banking (RBB) segment servicing entry level to middle income individuals and SME's. Lytania Johnson, currently the CEO of the personal subsegment will step up into the role of CEO of RBB and at the same time become the CEO of FNB. Lytania has been with FNB for 25 years, serving as the CEO of the personal segment for the past three years. A new standalone segment will sit alongside RBB, representing private banking and wealth management. Sizwe Nxedlana remains the CEO, a role he has held since 2023. The enterprise and public sector subsegments of commercial will move into the recently established commercial and corporate bank (CCB) run by Muneer Ismail. Harry Kellan, current CEO of the retail and commercial segment and FNB, will step down and take early retirement at the end of 2026. Harry has been with the group for 22 years, including 10 years as group CFO. He took over the role of FNB CEO in April 2024 and quickly embarked on a strategy to reduce structural complexity, improve agility and decision-making and unlock efficiencies. The structural changes announced result from these efforts. In addition to the changes at FNB, the group as appointed a group Chief Operating Officer to specifically focus on increasing collaboration, operational effectiveness and disciplined coordination across the group. Gert Kruger, who has been the group chief risk officer (CRO) since 2017, has bee gn appointed to this role, given his deep understanding of the operational structures of the group. Emma Mer, previously the CRO of the retail and commercial segment and FNB, will replace Gert Kruger as group CRO. All changes are effective 1 April 2026 and have received the necessary regulatory approval.
Buy Or Sell Opportunity • Jan 05Now 21% undervaluedOver the last 90 days, the stock has risen 15% to €4.54. The fair value is estimated to be €5.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Earnings per share has grown by 7.4%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.
お知らせ • Dec 05FirstRand Limited Announces Appointment of Social, Ethics and Transformation Committee MembersFirstRand Limited, at the AGM held on 2 December, 2025 approved appointment of PD Naidoo, TC Isaacs, LL von Zeuner and Dr SP Sibisi as social, ethics and transformation committee members.
お知らせ • Oct 28+ 1 more updateFirstRand Limited (JSE:FSR) agreed to acquire 20.10% stake in Channel Vas Investments Limited.FirstRand Limited (JSE:FSR) agreed to acquire 20.10% stake in Channel Vas Investments Limited on October 27, 2025. Rand Merchant Bank acted as financial advisor for FirstRand Limited.
お知らせ • Aug 27FirstRand Limited to Report Fiscal Year 2025 Results on Sep 11, 2025FirstRand Limited announced that they will report fiscal year 2025 results at 8:30 AM, South Africa Standard Time on Sep 11, 2025
お知らせ • Mar 06FirstRand Limited Declares Interim Gross Cash Ordinary Dividend for the Six Months Ended 31 December 2024, Payable 7 April 2025FirstRand Limited announced that the directors declared an interim gross cash ordinary dividend totalling 219.0 cents per ordinary share out of income reserves for the six months ended 31 December 2024. Last day to trade cum-dividend is 1 April 2025, Shares commence trading ex-dividend is 2 April 2025, Record date is 4 April 2025 and Payment date is 7 April 2025.
お知らせ • Feb 21FirstRand Limited to Report Q2, 2025 Results on Mar 06, 2025FirstRand Limited announced that they will report Q2, 2025 results at 8:30 AM, South Africa Standard Time on Mar 06, 2025
お知らせ • Nov 15FirstRand Limited Announces Board ChangesFirstRand Limited advised following board committees changes to further strengthen the skill sets of the respective committees. FirstRand audit committee: Mr. GG Gelink will retire as the chair of the committee, at the upcoming annual general meeting, effective 29 November 2024. The appointment of Mr. T Winterboer as chair effective 30 November 2024 and Mr. PJ Makosholo as a member of the committee, effective 14 November 2024. FirstRand remuneration committee: Mr. GG Gelink will retire as a member of the committee, effective 29 November 2024. The appointment of Mr. PJ Makosholo as a member of the committee, effective 14 November 2024. FirstRand risk, capital management and compliance committee: Mr. GG Gelink will retire as a member of the committee, effective 29 November 2024.
お知らせ • Oct 31FirstRand Limited, Annual General Meeting, Nov 29, 2024FirstRand Limited, Annual General Meeting, Nov 29, 2024. Location: firstrand auditorium, ground floor, 4 merchant place, sandton, South Africa
Buy Or Sell Opportunity • Oct 28Now 20% undervaluedOver the last 90 days, the stock has risen 6.7% to €4.14. The fair value is estimated to be €5.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 27% in 2 years. Earnings are forecast to grow by 28% in the next 2 years.
Buy Or Sell Opportunity • Oct 11Now 20% undervaluedOver the last 90 days, the stock has risen 1.5% to €4.04. The fair value is estimated to be €5.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 27% in 2 years. Earnings are forecast to grow by 28% in the next 2 years.
Upcoming Dividend • Oct 02Upcoming dividend of R2.15 per shareEligible shareholders must have bought the stock before 09 October 2024. Payment date: 14 October 2024. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.5%).
Buy Or Sell Opportunity • Sep 16Now 20% undervaluedOver the last 90 days, the stock has risen 20% to €4.20. The fair value is estimated to be €5.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 28% in 2 years. Earnings are forecast to grow by 28% in the next 2 years.
Declared Dividend • Sep 15Final dividend of R2.15 announcedShareholders will receive a dividend of R2.15. Ex-date: 9th October 2024 Payment date: 14th October 2024 Dividend yield will be 52%, which is higher than the industry average of 6.4%. Sustainability & Growth Dividend is covered by earnings (61% payout ratio) and is expected to be covered in 3 years' time (58% forecast payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 26% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Sep 13Full year 2024 earnings releasedFull year 2024 results: Revenue: R127.0b (up 5.1% from FY 2023). Net income: R39.7b (up 9.2% from FY 2023). Profit margin: 31% (up from 30% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Diversified Financial industry in Germany.
お知らせ • Sep 06FirstRand Limited Appoints Paballo Makosholo as Independent Non-Executive Director, Effective 1 October 2024FirstRand Limited announced that Mr. Paballo Makosholo has been appointed as an independent non-executive director to company’s board of directors with effect from 1 October 2024. Paballo is a qualified chartered accountant with over 15 years of experience in strategy development, governance, auditing, investments, and corporate finance, which adds to the skillset of the board.
Buy Or Sell Opportunity • Aug 06Now 20% undervaluedOver the last 90 days, the stock has risen 19% to €3.82. The fair value is estimated to be €4.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 21% in the next 2 years.
お知らせ • Jun 28FirstRand Limited to Report Fiscal Year 2024 Results on Sep 12, 2024FirstRand Limited announced that they will report fiscal year 2024 results on Sep 12, 2024
Buy Or Sell Opportunity • Jun 05Now 20% undervaluedOver the last 90 days, the stock has risen 2.5% to €3.22. The fair value is estimated to be €4.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.
Buy Or Sell Opportunity • Apr 26Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.6% to €2.96. The fair value is estimated to be €3.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 25% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.
Upcoming Dividend • Mar 19Upcoming dividend of R2.00 per shareEligible shareholders must have bought the stock before 26 March 2024. Payment date: 02 April 2024. Trailing yield: 6.4%. Within top quartile of German dividend payers (5.0%). In line with average of industry peers (6.7%).
Buy Or Sell Opportunity • Mar 05Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.7% to €3.06. The fair value is estimated to be €3.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 21% in the next 2 years.
Reported Earnings • Mar 04First half 2024 earnings released: EPS: R3.48 (vs R3.20 in 1H 2023)First half 2024 results: EPS: R3.48 (up from R3.20 in 1H 2023). Revenue: R62.8b (up 7.8% from 1H 2023). Net income: R19.5b (up 8.9% from 1H 2023). Profit margin: 31% (in line with 1H 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Mar 03First half dividend of R2.00 announcedShareholders will receive a dividend of R2.00. Ex-date: 26th March 2024 Payment date: 2nd April 2024 Dividend yield will be 68%, which is higher than the industry average of 6.4%. Sustainability & Growth Dividend is covered by earnings (57% payout ratio) and is expected to be covered in 3 years' time (60% forecast payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 01FirstRand Limited Declares Final Gross Cash Ordinary Dividend for the Six Months Ended 31 December 2023, Payable on 02 April 2024FirstRand Limited announced that the directors declared a final gross cash ordinary dividend totaling 200.0 cents per ordinary share out of income reserves for the six months ended 31 December 2023 against 189.0 cents per share paid a year ago. Ex-dividend date is 26 March 2024. Record date is 28 March 2024. Payment date is 02 April 2024.
お知らせ • Feb 21FirstRand Limited Announces Management ChangesFirstRand Limited announced changes to company's social, ethics and transformation committee: Ms TC Isaacs and Mr. LL von Zeuner have been appointed as members effective 1 April 2024; and Mr. JP Burger will resign as a committee member effective 31 March 2024.
Buy Or Sell Opportunity • Feb 08Now 20% undervaluedOver the last 90 days, the stock has risen 2.5% to €3.22. The fair value is estimated to be €4.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 9.6% per annum over the same time period.
お知らせ • Nov 23FirstRand Limited Appoints Johan Burger as Chairman of Board with Effect from 1 December 2023FirstRand Limited announced that Mr. Johan Burger will assume the role of chairman of the Board with effect from 1 December 2023. Mr. Johan Burger has given notice of his resignation from the OUTsurance Group Limited (OGL) and OUTsurance Holdings Limited (OHL) Boards with effect from 30 November 2023. Johan served on the OGL Board since June 2014 and on the OHL Board since November 2022.
お知らせ • Nov 21FirstRand Limited to Report Q2, 2024 Results on Feb 29, 2024FirstRand Limited announced that they will report Q2, 2024 results on Feb 29, 2024
Buying Opportunity • Nov 07Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 7.6%. The fair value is estimated to be €4.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings is also forecast to grow by 9.0% per annum over the same time period.
Buying Opportunity • Oct 11Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 7.9%. The fair value is estimated to be €3.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings is also forecast to grow by 9.0% per annum over the same time period.
お知らせ • Oct 05FirstRand Limited, Annual General Meeting, Nov 30, 2023FirstRand Limited, Annual General Meeting, Nov 30, 2023.
Recent Insider Transactions • Oct 05Chief Executive Officer of RMB recently bought €7.8m worth of stockOn the 26th of September, Emmarentia Brown bought around 2m shares on-market at roughly €3.22 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €14m more in shares than they have sold in the last 12 months.
Buying Opportunity • Sep 22Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.2%. The fair value is estimated to be €3.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings is also forecast to grow by 8.6% per annum over the same time period.
Reported Earnings • Sep 20Full year 2023 earnings released: EPS: R6.49 (vs R5.84 in FY 2022)Full year 2023 results: EPS: R6.49 (up from R5.84 in FY 2022). Revenue: R120.8b (up 12% from FY 2022). Net income: R36.4b (up 11% from FY 2022). Profit margin: 30% (in line with FY 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 08FirstRand Limited Announces Board ChangesFirstRand Limited announced that the following board committee amendments have been made in accordance with paragraph 3.59(c) of the JSE Limited Listings Requirements to improve the skill sets of the respective committees. FirstRand audit committee: The appointment of Ms. TC Isaacs and Ms. Z Roscherr as members of the committee, effective 1 December 2023. Mr. RM Loubser will retire as a member of the committee, effective 30 November 2023. FirstRand risk, capital management and compliance committee: The appointment of Ms. Z Roscherr as chair and Ms. T Isaacs as members of the committee, effective 1 December 2023. Mr. RM Loubser will retire as chair of the committee, effective 30 November 2023. FirstRand social, ethics and transformation committee: The appointment of Ms. PD Naidoo as chair as Ms. Z Roscherr will be stepping down as chair of the committee, effective 1 December 2023.
お知らせ • Jun 23FirstRand Limited Appoints Ms Tamara Carol Isaacs as an Independent Non-Executive DirectorFirstRand Limited announced that Ms Tamara Carol Isaacs has been appointed as an independent non-executive director to FirstRand's board of directors (board) with effect from 22 June 2023. Ms Isaacs is a CA(SA) with more than 18 years' experience in financial services. She was a partner at KPMG for five years until April 2018, where she led the management consultancy practice at the Cape Town office. Prior to KPMG, she was the audit partner at PricewaterhouseCoopers (PwC) and also served as a human capital partner for three years. Tamara previously served as non-executive director of PSG Konsult Limited from 2019 to 2023 and is currently a trustee and member of the Mitchells Plain Bursary and Role Models Trust.
お知らせ • Jun 22FirstRand Limited to Report Fiscal Year 2023 Results on Sep 14, 2023FirstRand Limited announced that they will report fiscal year 2023 results on Sep 14, 2023
Recent Insider Transactions • Mar 26Key Executive recently bought €263k worth of stockOn the 17th of March, Hetash Kellan bought around 83k shares on-market at roughly €3.17 per share. This transaction amounted to 4.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Hetash has been a buyer over the last 12 months, purchasing a net total of €968k worth in shares.
Upcoming Dividend • Mar 22Upcoming dividend of R1.89 per share at 6.2% yieldEligible shareholders must have bought the stock before 29 March 2023. Payment date: 03 April 2023. Trailing yield: 6.2%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.8%).
Reported Earnings • Mar 03First half 2023 earnings released: EPS: R3.21 (vs R2.82 in 1H 2022)First half 2023 results: EPS: R3.21 (up from R2.82 in 1H 2022). Revenue: R59.6b (up 13% from 1H 2022). Net income: R18.5b (up 17% from 1H 2022). Profit margin: 31% (up from 30% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Dec 28Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 1.7%. The fair value is estimated to be €4.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has grown by 7.3%. For the next 3 years, revenue is forecast to grow by 9.9% per annum. Earnings is also forecast to grow by 8.0% per annum over the same time period.
Upcoming Dividend • Oct 05Upcoming dividend of R3.10 per shareEligible shareholders must have bought the stock before 12 October 2022. Payment date: 17 October 2022. Trailing yield: 6.0%. Within top quartile of German dividend payers (5.3%). Higher than average of industry peers (2.7%).
Recent Insider Transactions • Oct 02CEO & Executive Director recently bought €1.1m worth of stockOn the 26th of September, Alan Pullinger bought around 304k shares on-market at roughly €3.56 per share. This transaction amounted to 5.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Alan has been a buyer over the last 12 months, purchasing a net total of €1.8m worth in shares.
Reported Earnings • Sep 18Full year 2022 earnings released: EPS: R5.84 (vs R4.77 in FY 2021)Full year 2022 results: EPS: R5.84 (up from R4.77 in FY 2021). Revenue: R107.6b (up 13% from FY 2021). Net income: R32.8b (up 23% from FY 2021). Profit margin: 31% (up from 28% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 23Upcoming dividend of R1.57 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 04 April 2022. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 4.4%. Within top quartile of German dividend payers (3.6%). Higher than average of industry peers (2.1%).
Reported Earnings • Mar 05First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: EPS: R2.82 (up from R1.99 in 1H 2021). Revenue: R52.6b (up 18% from 1H 2021). Net income: R15.8b (up 42% from 1H 2021). Profit margin: 30% (up from 25% in 1H 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 15%, compared to a 13% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Dec 18CEO & Executive Director recently bought €725k worth of stockOn the 15th of December, Alan Pullinger bought around 230k shares on-market at roughly €3.15 per share. In the last 3 months, they made an even bigger purchase worth €891k. Alan has been a buyer over the last 12 months, purchasing a net total of €1.6m worth in shares.
Recent Insider Transactions • Oct 27Key Executive recently bought €356k worth of stockOn the 20th of October, Hetash Kellan bought around 103k shares on-market at roughly €3.45 per share. In the last 3 months, there was an even bigger purchase from another insider worth €891k. Hetash has been a buyer over the last 12 months, purchasing a net total of €637k worth in shares.
Upcoming Dividend • Oct 06Upcoming dividend of R1.53 per shareEligible shareholders must have bought the stock before 13 October 2021. Payment date: 18 October 2021. Trailing yield: 4.9%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (2.2%).
Recent Insider Transactions • Oct 06CEO & Executive Director recently bought €891k worth of stockOn the 28th of September, Alan Pullinger bought around 249k shares on-market at roughly €3.58 per share. This was the largest purchase by an insider in the last 3 months. This was Alan's only on-market trade for the last 12 months.
Reported Earnings • Sep 18Full year 2021 earnings released: EPS R4.77 (vs R3.04 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: R94.9b (up 18% from FY 2020). Net income: R26.7b (up 57% from FY 2020). Profit margin: 28% (up from 21% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Mar 24Upcoming dividend of R1.10 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 06 April 2021. Trailing yield: 4.2%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (2.3%).
Recent Insider Transactions • Mar 17Chief Executive Officer of FNB recently sold €113k worth of stockOn the 15th of March, Jacques Celliers sold around 37k shares on-market at roughly €3.10 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €244k more than they sold in the last 12 months.
Is New 90 Day High Low • Mar 11New 90-day high: €3.00The company is up 15% from its price of €2.62 on 11 December 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.34 per share.
Reported Earnings • Mar 06First half 2021 earnings released: EPS R1.99 (vs R2.49 in 1H 2020)The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: R44.6b (down 6.9% from 1H 2020). Net income: R11.1b (down 20% from 1H 2020). Profit margin: 25% (down from 29% in 1H 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 15% per year.
Is New 90 Day High Low • Dec 11New 90-day high: €2.72The company is up 33% from its price of €2.04 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.50 per share.
Recent Insider Transactions • Nov 21Independent Non-Executive Director recently bought €13k worth of stockOn the 20th of November, Louis Von Zeuner bought around 5k shares on-market at roughly €2.54 per share. In the last 3 months, there was an even bigger purchase from another insider worth €201k. Insiders have collectively bought €357k more in shares than they have sold in the last 12 months.
Valuation Update With 7 Day Price Move • Nov 12Market bids up stock over the past weekAfter last week's 19% share price gain to R2.52, the stock is trading at a trailing P/E ratio of 16.4x, up from the previous P/E ratio of 13.8x. This compares to an average P/E of 33x in the Diversified Financial industry in Germany. Total return to shareholders over the past three years is a loss of 5.4%.
Is New 90 Day High Low • Nov 11New 90-day high: €2.34The company is up 27% from its price of €1.84 on 13 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.71 per share.
Is New 90 Day High Low • Oct 26New 90-day high: €2.20The company is up 8.0% from its price of €2.04 on 28 July 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.87 per share.