View ValuationFirstRand 향후 성장Future 기준 점검 4/6FirstRand (는) 각각 연간 15.9% 및 10.4% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 14.1% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 21.7% 로 예상됩니다.핵심 정보15.9%이익 성장률14.10%EPS 성장률Diversified Financial 이익 성장16.6%매출 성장률10.4%향후 자기자본이익률21.68%애널리스트 커버리지Good마지막 업데이트03 May 2026최근 향후 성장 업데이트공시 • Sep 03FirstRand Limited Provides Earnings Guidance for the Year Ended June 30, 2021FirstRand Limited provided earnings guidance for the year ended June 30, 2021. For the year, Earnings per share is expected to increase by between 52% and 58% compared to the prior year (303.5 cents per share), resulting in a range of between 461.3 cents and 479.5 cents per share; Headline EPS for the year is expected to increase by between 52% and 58% compared to the prior year (308.9 cents per share), resulting in a range of between 469.5 cents and 488.1 cents per share; and Normalised EPS for the year are expected to increase by between 52% and 58% compared to the prior year (307.8 cents per share), resulting in a range of between 467.9 cents per share and 486.3 cents per share.공시 • Jun 08FirstRand Limited Provides Earnings Guidance for the Year Ending 30 June 2020FirstRand Limited provided earnings guidance for the year ending 30 June 2020. For the period, earnings per share for the next period to be reported on is expected, with a reasonable degree of certainty, to differ by at least 20% from that of the previous corresponding period. The group advised shareholders that its headline earnings per share (HEPS) of 308.9 cents, earnings per share (EPS) of 303.5 cents and normalised EPS of 307.8 cents for the year to 30 June 2020 will be exceeded by more than 35% in the year ending 30 June 2021. FirstRand's HEPS, EPS, and normalised EPS will therefore be at least 417.0, 409.7 and 415.5 cents, respectively.모든 업데이트 보기Recent updates공시 • 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, 2026공시 • 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.공시 • 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.공시 • 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.공시 • 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, 2025공시 • 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.공시 • 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, 2025공시 • 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.공시 • 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 AfricaNew Risk • Oct 04New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 5.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.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%. Lower than top quartile of Namibian dividend payers (10%). Higher than average of industry peers (4.4%).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 5.0%, which is higher than the industry average of 1.6%. 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 9.1% growth forecast for the Diversified Financial industry in Africa.공시 • 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.공시 • 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, 2024Valuation Update With 7 Day Price Move • Jun 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to R76.25, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 7x in the Diversified Financial industry in Africa. Total returns to shareholders of 78% over the past three years.Recent Insider Transactions • May 09Chief Executive Officer Aldermore recently bought R2.3m worth of stockOn the 2nd of May, Stephen Cooper bought around 35k shares on-market at roughly R66.50 per share. This trade did not impact their existing holding. In the last 3 months, there was an even bigger purchase from another insider worth R8.5m. Insiders have collectively bought R289m more in shares than they have sold in the last 12 months.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%. Lower than top quartile of Namibian dividend payers (11%). Higher than average of industry peers (4.8%).Recent Insider Transactions • Mar 12COO & Executive Director recently bought R8.5m worth of stockOn the 7th of March, Mary Vilakazi bought around 133k shares on-market at roughly R63.93 per share. This transaction increased Mary's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Mary has been a buyer over the last 12 months, purchasing a net total of R14m worth in shares.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 3.5% growth forecast for the Diversified Financial industry in Africa. 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 6% 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 6.0%, which is higher than the industry average of 1.6%. 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.공시 • 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.공시 • 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.공시 • 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.공시 • Nov 21FirstRand Limited to Report Q2, 2024 Results on Feb 29, 2024FirstRand Limited announced that they will report Q2, 2024 results on Feb 29, 2024New Risk • Nov 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Namibian stocks, typically moving 3.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Recent Insider Transactions • Oct 26Key Executive recently bought R2.7m worth of stockOn the 20th of October, Hetash Kellan bought around 46k shares on-market at roughly R60.00 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth R157m. Hetash has been a buyer over the last 12 months, purchasing a net total of R30m worth in shares.공시 • 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 R157m worth of stockOn the 26th of September, Emmarentia Brown bought around 2m shares on-market at roughly R64.86 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 R281m more in shares than they have sold in the last 12 months.Upcoming Dividend • Oct 04Upcoming dividend of R1.95 per share at 6.3% yieldEligible shareholders must have bought the stock before 11 October 2023. Payment date: 16 October 2023. Trailing yield: 6.3%. Lower than top quartile of Namibian dividend payers (12%). Higher than average of industry peers (4.6%).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 10% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Diversified Financial industry in Africa. 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 19% per year, which means it is significantly lagging earnings growth.공시 • 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.공시 • 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.공시 • 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, 2023Upcoming 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%. Lower than top quartile of Namibian dividend payers (14%). Higher than average of industry peers (5.0%).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 9.3% growth forecast for the Diversified Financial industry in Africa. 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 8% per year, which means it is significantly lagging earnings growth.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%. Lower than top quartile of Namibian dividend payers (10%). Higher than average of industry peers (4.9%).Recent Insider Transactions • Oct 02CEO & Executive Director recently bought R19m worth of stockOn the 26th of September, Alan Pullinger bought around 304k shares on-market at roughly R62.02 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 R32m 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 9.0% growth forecast for the Diversified Financial industry in Africa. 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 1% 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: 4.3%. Lower than top quartile of Namibian dividend payers (10%). Higher than average of industry peers (3.6%).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 14% growth forecast for the industry in Africa. 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.공시 • Feb 28+ 1 more updateFirstRand Limited to Report Fiscal Year 2022 Results on Sep 15, 2022FirstRand Limited announced that they will report fiscal year 2022 results on Sep 15, 2022공시 • Feb 25FirstRand Limited to Report First Half, 2022 Results on Mar 03, 2022FirstRand Limited announced that they will report first half, 2022 results on Mar 03, 2022Recent Insider Transactions • Dec 18CEO & Executive Director recently bought R13m worth of stockOn the 15th of December, Alan Pullinger bought around 230k shares on-market at roughly R57.65 per share. In the last 3 months, they made an even bigger purchase worth R16m. Alan has been a buyer over the last 12 months, purchasing a net total of R29m worth in shares.Recent Insider Transactions • Oct 27Key Executive recently bought R6.0m worth of stockOn the 20th of October, Hetash Kellan bought around 103k shares on-market at roughly R58.03 per share. In the last 3 months, there was an even bigger purchase from another insider worth R16m. Hetash has been a buyer over the last 12 months, purchasing a net total of R11m 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%. Lower than top quartile of Namibian dividend payers (7.6%). Higher than average of industry peers (4.0%).Recent Insider Transactions • Oct 06CEO & Executive Director recently bought R16m worth of stockOn the 28th of September, Alan Pullinger bought around 249k shares on-market at roughly R63.11 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.공시 • Sep 03FirstRand Limited Provides Earnings Guidance for the Year Ended June 30, 2021FirstRand Limited provided earnings guidance for the year ended June 30, 2021. For the year, Earnings per share is expected to increase by between 52% and 58% compared to the prior year (303.5 cents per share), resulting in a range of between 461.3 cents and 479.5 cents per share; Headline EPS for the year is expected to increase by between 52% and 58% compared to the prior year (308.9 cents per share), resulting in a range of between 469.5 cents and 488.1 cents per share; and Normalised EPS for the year are expected to increase by between 52% and 58% compared to the prior year (307.8 cents per share), resulting in a range of between 467.9 cents per share and 486.3 cents per share.공시 • Jun 08FirstRand Limited Provides Earnings Guidance for the Year Ending 30 June 2020FirstRand Limited provided earnings guidance for the year ending 30 June 2020. For the period, earnings per share for the next period to be reported on is expected, with a reasonable degree of certainty, to differ by at least 20% from that of the previous corresponding period. The group advised shareholders that its headline earnings per share (HEPS) of 308.9 cents, earnings per share (EPS) of 303.5 cents and normalised EPS of 307.8 cents for the year to 30 June 2020 will be exceeded by more than 35% in the year ending 30 June 2021. FirstRand's HEPS, EPS, and normalised EPS will therefore be at least 417.0, 409.7 and 415.5 cents, respectively.Upcoming Dividend • Mar 23Upcoming 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%. Lower than top quartile of Namibian dividend payers (7.5%). Higher than average of industry peers (3.7%).Recent Insider Transactions • Mar 17Chief Executive Officer of FNB recently sold R2.0m worth of stockOn the 15th of March, Jacques Celliers sold around 37k shares on-market at roughly R55.10 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought R5.1m more than they sold in the last 12 months.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 but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Mar 05New 90-day high: R53.62The company is up 9.0% from its price of R49.24 on 04 December 2020. The Namibian market is down 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is R27.36 per share.Is New 90 Day High Low • Dec 10New 90-day high: R50.30The company is up 25% from its price of R40.10 on 11 September 2020. The Namibian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is R22.11 per share.Recent Insider Transactions • Nov 21Independent Non-Executive Director recently bought R239k worth of stockOn the 20th of November, Louis Von Zeuner bought around 5k shares on-market at roughly R45.99 per share. In the last 3 months, there was an even bigger purchase from another insider worth R4.0m. Insiders have collectively bought R7.1m more in shares than they have sold in the last 12 months.Valuation Update With 7 Day Price Move • Nov 11Market bids up stock over the past weekAfter last week's 17% share price gain to R46.53, the stock is trading at a trailing P/E ratio of 15.3x, up from the previous P/E ratio of 13.1x. This compares to an average P/E of 13x in the Diversified Financial industry in Africa. Total returns to shareholders over the past three years were flat.Is New 90 Day High Low • Nov 10New 90-day high: R44.75The company is up 16% from its price of R38.57 on 12 August 2020. The Namibian market is down 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is R21.78 per share.Is New 90 Day High Low • Oct 23New 90-day high: R41.97The company is up 8.0% from its price of R39.00 on 24 July 2020. The Namibian market is down 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is R22.34 per share.공시 • Sep 11+ 1 more updateFirstRand Limited Not to Declare Final Dividend for the Year Ended 30 June 2020FirstRand Limited announced that in light of the negative economic impact of the COVID-19 pandemic and the temporary regulatory capital relief provided by the Prudential Authority, issued on 6 April 2020, the group has not declared a final dividend for the year ended 30 June 2020.공시 • Sep 08FirstRand Limited to Report First Half, 2021 Results on Mar 04, 2021FirstRand Limited announced that they will report first half, 2021 results on Mar 04, 2021공시 • Jul 07Public Investment Corporation Limited and others acquired 33.02% stake in FirstRand Limited (JSE:FSR) from RMB Holdings Limited (JSE:RMH).Public Investment Corporation Limited and others acquired 33.02% stake in FirstRand Limited (JSE:FSR) from RMB Holdings Limited (JSE:RMH) on July 6, 2020. As a result of this, Public Investment Corporation Limited increased its stake to 14.08% and RMB Holdings Limited reduced its stake to 0% in FirstRand Limited. Public Investment Corporation Limited and others completed the acquisition of 33.02% stake in FirstRand Limited (JSE:FSR) from RMB Holdings Limited (JSE:RMH) on July 6, 2020.이익 및 매출 성장 예측NMSE:FST - 애널리스트 향후 추정치 및 과거 재무 데이터 (ZAR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수6/30/2028186,09261,959N/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/A더 보기애널리스트 향후 성장 전망수입 대 저축률: FST 의 연간 예상 수익 증가율(15.9%)이 saving rate(15.1%)보다 높습니다.수익 vs 시장: FST 의 연간 수익(15.9%)이 NA 시장(15.1%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: FST 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: FST 의 수익(연간 10.4%)이 NA 시장(연간 8.9%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: FST 의 수익(연간 10.4%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: FST의 자본 수익률은 3년 후 21.7%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YDiversified-financials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 18:46종가2026/05/22 00:00수익2025/12/31연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스FirstRand Limited는 22명의 분석가가 다루고 있습니다. 이 중 8명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Ilan StermerAnchor Stockbrokers Proprietary LimitedJaap MeijerArqaam Capital Research Offshore S.A.L.Adrienne DamantAvior Capital Markets19명의 분석가 더 보기
공시 • Sep 03FirstRand Limited Provides Earnings Guidance for the Year Ended June 30, 2021FirstRand Limited provided earnings guidance for the year ended June 30, 2021. For the year, Earnings per share is expected to increase by between 52% and 58% compared to the prior year (303.5 cents per share), resulting in a range of between 461.3 cents and 479.5 cents per share; Headline EPS for the year is expected to increase by between 52% and 58% compared to the prior year (308.9 cents per share), resulting in a range of between 469.5 cents and 488.1 cents per share; and Normalised EPS for the year are expected to increase by between 52% and 58% compared to the prior year (307.8 cents per share), resulting in a range of between 467.9 cents per share and 486.3 cents per share.
공시 • Jun 08FirstRand Limited Provides Earnings Guidance for the Year Ending 30 June 2020FirstRand Limited provided earnings guidance for the year ending 30 June 2020. For the period, earnings per share for the next period to be reported on is expected, with a reasonable degree of certainty, to differ by at least 20% from that of the previous corresponding period. The group advised shareholders that its headline earnings per share (HEPS) of 308.9 cents, earnings per share (EPS) of 303.5 cents and normalised EPS of 307.8 cents for the year to 30 June 2020 will be exceeded by more than 35% in the year ending 30 June 2021. FirstRand's HEPS, EPS, and normalised EPS will therefore be at least 417.0, 409.7 and 415.5 cents, respectively.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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
New Risk • Oct 04New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 5.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
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%. Lower than top quartile of Namibian dividend payers (10%). Higher than average of industry peers (4.4%).
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 5.0%, which is higher than the industry average of 1.6%. 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 9.1% growth forecast for the Diversified Financial industry in Africa.
공시 • 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.
공시 • 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
Valuation Update With 7 Day Price Move • Jun 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to R76.25, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 7x in the Diversified Financial industry in Africa. Total returns to shareholders of 78% over the past three years.
Recent Insider Transactions • May 09Chief Executive Officer Aldermore recently bought R2.3m worth of stockOn the 2nd of May, Stephen Cooper bought around 35k shares on-market at roughly R66.50 per share. This trade did not impact their existing holding. In the last 3 months, there was an even bigger purchase from another insider worth R8.5m. Insiders have collectively bought R289m more in shares than they have sold in the last 12 months.
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%. Lower than top quartile of Namibian dividend payers (11%). Higher than average of industry peers (4.8%).
Recent Insider Transactions • Mar 12COO & Executive Director recently bought R8.5m worth of stockOn the 7th of March, Mary Vilakazi bought around 133k shares on-market at roughly R63.93 per share. This transaction increased Mary's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Mary has been a buyer over the last 12 months, purchasing a net total of R14m worth in shares.
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 3.5% growth forecast for the Diversified Financial industry in Africa. 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 6% 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 6.0%, which is higher than the industry average of 1.6%. 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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
New Risk • Nov 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Namibian stocks, typically moving 3.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Recent Insider Transactions • Oct 26Key Executive recently bought R2.7m worth of stockOn the 20th of October, Hetash Kellan bought around 46k shares on-market at roughly R60.00 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth R157m. Hetash has been a buyer over the last 12 months, purchasing a net total of R30m worth in shares.
공시 • 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 R157m worth of stockOn the 26th of September, Emmarentia Brown bought around 2m shares on-market at roughly R64.86 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 R281m more in shares than they have sold in the last 12 months.
Upcoming Dividend • Oct 04Upcoming dividend of R1.95 per share at 6.3% yieldEligible shareholders must have bought the stock before 11 October 2023. Payment date: 16 October 2023. Trailing yield: 6.3%. Lower than top quartile of Namibian dividend payers (12%). Higher than average of industry peers (4.6%).
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 10% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Diversified Financial industry in Africa. 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 19% per year, which means it is significantly lagging earnings growth.
공시 • 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.
공시 • 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.
공시 • 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
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%. Lower than top quartile of Namibian dividend payers (14%). Higher than average of industry peers (5.0%).
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 9.3% growth forecast for the Diversified Financial industry in Africa. 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 8% per year, which means it is significantly lagging earnings growth.
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%. Lower than top quartile of Namibian dividend payers (10%). Higher than average of industry peers (4.9%).
Recent Insider Transactions • Oct 02CEO & Executive Director recently bought R19m worth of stockOn the 26th of September, Alan Pullinger bought around 304k shares on-market at roughly R62.02 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 R32m 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 9.0% growth forecast for the Diversified Financial industry in Africa. 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 1% 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: 4.3%. Lower than top quartile of Namibian dividend payers (10%). Higher than average of industry peers (3.6%).
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 14% growth forecast for the industry in Africa. 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.
공시 • Feb 28+ 1 more updateFirstRand Limited to Report Fiscal Year 2022 Results on Sep 15, 2022FirstRand Limited announced that they will report fiscal year 2022 results on Sep 15, 2022
공시 • Feb 25FirstRand Limited to Report First Half, 2022 Results on Mar 03, 2022FirstRand Limited announced that they will report first half, 2022 results on Mar 03, 2022
Recent Insider Transactions • Dec 18CEO & Executive Director recently bought R13m worth of stockOn the 15th of December, Alan Pullinger bought around 230k shares on-market at roughly R57.65 per share. In the last 3 months, they made an even bigger purchase worth R16m. Alan has been a buyer over the last 12 months, purchasing a net total of R29m worth in shares.
Recent Insider Transactions • Oct 27Key Executive recently bought R6.0m worth of stockOn the 20th of October, Hetash Kellan bought around 103k shares on-market at roughly R58.03 per share. In the last 3 months, there was an even bigger purchase from another insider worth R16m. Hetash has been a buyer over the last 12 months, purchasing a net total of R11m 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%. Lower than top quartile of Namibian dividend payers (7.6%). Higher than average of industry peers (4.0%).
Recent Insider Transactions • Oct 06CEO & Executive Director recently bought R16m worth of stockOn the 28th of September, Alan Pullinger bought around 249k shares on-market at roughly R63.11 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.
공시 • Sep 03FirstRand Limited Provides Earnings Guidance for the Year Ended June 30, 2021FirstRand Limited provided earnings guidance for the year ended June 30, 2021. For the year, Earnings per share is expected to increase by between 52% and 58% compared to the prior year (303.5 cents per share), resulting in a range of between 461.3 cents and 479.5 cents per share; Headline EPS for the year is expected to increase by between 52% and 58% compared to the prior year (308.9 cents per share), resulting in a range of between 469.5 cents and 488.1 cents per share; and Normalised EPS for the year are expected to increase by between 52% and 58% compared to the prior year (307.8 cents per share), resulting in a range of between 467.9 cents per share and 486.3 cents per share.
공시 • Jun 08FirstRand Limited Provides Earnings Guidance for the Year Ending 30 June 2020FirstRand Limited provided earnings guidance for the year ending 30 June 2020. For the period, earnings per share for the next period to be reported on is expected, with a reasonable degree of certainty, to differ by at least 20% from that of the previous corresponding period. The group advised shareholders that its headline earnings per share (HEPS) of 308.9 cents, earnings per share (EPS) of 303.5 cents and normalised EPS of 307.8 cents for the year to 30 June 2020 will be exceeded by more than 35% in the year ending 30 June 2021. FirstRand's HEPS, EPS, and normalised EPS will therefore be at least 417.0, 409.7 and 415.5 cents, respectively.
Upcoming Dividend • Mar 23Upcoming 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%. Lower than top quartile of Namibian dividend payers (7.5%). Higher than average of industry peers (3.7%).
Recent Insider Transactions • Mar 17Chief Executive Officer of FNB recently sold R2.0m worth of stockOn the 15th of March, Jacques Celliers sold around 37k shares on-market at roughly R55.10 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought R5.1m more than they sold in the last 12 months.
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 but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Mar 05New 90-day high: R53.62The company is up 9.0% from its price of R49.24 on 04 December 2020. The Namibian market is down 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is R27.36 per share.
Is New 90 Day High Low • Dec 10New 90-day high: R50.30The company is up 25% from its price of R40.10 on 11 September 2020. The Namibian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is R22.11 per share.
Recent Insider Transactions • Nov 21Independent Non-Executive Director recently bought R239k worth of stockOn the 20th of November, Louis Von Zeuner bought around 5k shares on-market at roughly R45.99 per share. In the last 3 months, there was an even bigger purchase from another insider worth R4.0m. Insiders have collectively bought R7.1m more in shares than they have sold in the last 12 months.
Valuation Update With 7 Day Price Move • Nov 11Market bids up stock over the past weekAfter last week's 17% share price gain to R46.53, the stock is trading at a trailing P/E ratio of 15.3x, up from the previous P/E ratio of 13.1x. This compares to an average P/E of 13x in the Diversified Financial industry in Africa. Total returns to shareholders over the past three years were flat.
Is New 90 Day High Low • Nov 10New 90-day high: R44.75The company is up 16% from its price of R38.57 on 12 August 2020. The Namibian market is down 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is R21.78 per share.
Is New 90 Day High Low • Oct 23New 90-day high: R41.97The company is up 8.0% from its price of R39.00 on 24 July 2020. The Namibian market is down 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is R22.34 per share.
공시 • Sep 11+ 1 more updateFirstRand Limited Not to Declare Final Dividend for the Year Ended 30 June 2020FirstRand Limited announced that in light of the negative economic impact of the COVID-19 pandemic and the temporary regulatory capital relief provided by the Prudential Authority, issued on 6 April 2020, the group has not declared a final dividend for the year ended 30 June 2020.
공시 • Sep 08FirstRand Limited to Report First Half, 2021 Results on Mar 04, 2021FirstRand Limited announced that they will report first half, 2021 results on Mar 04, 2021
공시 • Jul 07Public Investment Corporation Limited and others acquired 33.02% stake in FirstRand Limited (JSE:FSR) from RMB Holdings Limited (JSE:RMH).Public Investment Corporation Limited and others acquired 33.02% stake in FirstRand Limited (JSE:FSR) from RMB Holdings Limited (JSE:RMH) on July 6, 2020. As a result of this, Public Investment Corporation Limited increased its stake to 14.08% and RMB Holdings Limited reduced its stake to 0% in FirstRand Limited. Public Investment Corporation Limited and others completed the acquisition of 33.02% stake in FirstRand Limited (JSE:FSR) from RMB Holdings Limited (JSE:RMH) on July 6, 2020.