FirstRand Namibia Limited

NMSE:FNB Stock Report

Market Cap: R12.3b

FirstRand Namibia Management

Management criteria checks 2/4

FirstRand Namibia's CEO is Conrad Dempsey, appointed in Oct 2020, has a tenure of 4.17 years. total yearly compensation is NAD15.28M, comprised of 16.9% salary and 83.1% bonuses, including company stock and options. directly owns 0.019% of the company’s shares, worth ZAR2.37M. The average tenure of the management team and the board of directors is 9.5 years and 2.2 years respectively.

Key information

Conrad Dempsey

Chief executive officer

N$15.3m

Total compensation

CEO salary percentage16.9%
CEO tenure4.2yrs
CEO ownership0.02%
Management average tenure9.5yrs
Board average tenure2.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Conrad Dempsey's remuneration changed compared to FirstRand Namibia's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024N$15mN$3m

N$2b

Mar 31 2024n/an/a

N$2b

Dec 31 2023n/an/a

N$2b

Sep 30 2023n/an/a

N$2b

Jun 30 2023N$6mN$2m

N$2b

Mar 31 2023n/an/a

N$2b

Dec 31 2022n/an/a

N$1b

Sep 30 2022n/an/a

N$1b

Jun 30 2022N$6mN$2m

N$1b

Mar 31 2022n/an/a

N$1b

Dec 31 2021n/an/a

N$1b

Sep 30 2021n/an/a

N$1b

Jun 30 2021N$2mN$1m

N$1b

Compensation vs Market: Conrad's total compensation ($USD834.11K) is about average for companies of similar size in the NA market ($USD1.01M).

Compensation vs Earnings: Conrad's compensation has increased by more than 20% in the past year.

CEO

Conrad Dempsey (48 yo)

4.2yrs

Tenure

N$15,281,000

Compensation

Mr. Conrad Dempsey serves as Chief Executive Officer and Director at FirstRand Namibia Ltd. since October 1, 2020. He serves as Chief Executive Officer and Director at First National Bank of Namibia Limite...

Leadership Team

NamePositionTenureCompensationOwnership
Conrad Dempsey
CEO & Director4.2yrsN$15.28m0.019%
ZAR 2.4m
Lizette Smit
CFO & Executive Director1.4yrsN$4.69m0.0027%
ZAR 325.9k
Tracy Eagles
Chief Marketing Officerno datano datano data
Michelle Van Wyk
Co-Head Rmb Namibia & Group Treasurer14.2yrsno datano data
Nelago Makemba
Group Company Secretary9.6yrsno datano data
Dixon Norval
Executive Officer of Premium9.5yrsno datano data
Elmarie Cilliers
Executive Officer of Wesbank21.7yrsno datano data
Martha Murorua
Executive Officer of Consumer9.4yrsno datano data
Johan van der Westhuizen
Executive Officer of Business9.8yrsno datano data
Steve Coetzee
Executive Officer of Points of Presence9.3yrsN$274.00kno data
Josephat Mwatotele
Executive Officer of Ashburtonno datano datano data

9.5yrs

Average Tenure

54yo

Average Age

Experienced Management: FNB's management team is seasoned and experienced (9.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Conrad Dempsey
CEO & Director4.2yrsN$15.28m0.019%
ZAR 2.4m
Lizette Smit
CFO & Executive Director1.4yrsN$4.69m0.0027%
ZAR 325.9k
I-Ben Nashandi
Non-Executive Director5.9yrsN$375.00kno data
Emile Van Zyl
Independent Non-Executive Director2.8yrsN$861.00kno data
Rajendra Makanjee
Non-Executive Director2.3yrsno datano data
Jan Coetzee
Independent Non-Executive Director3.2yrsN$532.00kno data
Libertha Kapere
Independent Non-Executive Director2yrsN$433.00kno data
Markus Lubbe
Independent Non-Executive Director1.8yrsN$508.00kno data
Otto Shikongo
Independent Non-Executive Chairperson of Board1.8yrsN$419.00kno data
Samantha Balsdon
Non-Executive Directorless than a yearno datano data

2.2yrs

Average Tenure

53yo

Average Age

Experienced Board: FNB's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 06:22
End of Day Share Price 2024/12/18 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

FirstRand Namibia Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zane FerisIJG Securities (Pty) Ltd