FirstRand Limited

JSE:FSR Stock Report

Market Cap: R430.8b

FirstRand Management

Management criteria checks 4/4

FirstRand's CEO is Mary Vilakazi, appointed in Apr 2024, has a tenure of less than a year. total yearly compensation is ZAR40.55M, comprised of 22.1% salary and 77.9% bonuses, including company stock and options. directly owns 0.008% of the company’s shares, worth ZAR35.46M. The average tenure of the management team and the board of directors is 2.2 years and 4.7 years respectively.

Key information

Mary Vilakazi

Chief executive officer

R40.6m

Total compensation

CEO salary percentage22.1%
CEO tenureless than a year
CEO ownership0.008%
Management average tenure2.2yrs
Board average tenure4.7yrs

Recent management updates

Recent updates

With EPS Growth And More, FirstRand (JSE:FSR) Makes An Interesting Case

Dec 17
With EPS Growth And More, FirstRand (JSE:FSR) Makes An Interesting Case

FirstRand's (JSE:FSR) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 20
FirstRand's (JSE:FSR) Shareholders Will Receive A Bigger Dividend Than Last Year

Is Now The Time To Put FirstRand (JSE:FSR) On Your Watchlist?

Sep 06
Is Now The Time To Put FirstRand (JSE:FSR) On Your Watchlist?

Here's Why We Think FirstRand (JSE:FSR) Might Deserve Your Attention Today

May 21
Here's Why We Think FirstRand (JSE:FSR) Might Deserve Your Attention Today

FirstRand (JSE:FSR) Is Increasing Its Dividend To ZAR2.00

Mar 03
FirstRand (JSE:FSR) Is Increasing Its Dividend To ZAR2.00

Here's Why FirstRand (JSE:FSR) Has Caught The Eye Of Investors

Jan 12
Here's Why FirstRand (JSE:FSR) Has Caught The Eye Of Investors

CEO Compensation Analysis

How has Mary Vilakazi's remuneration changed compared to FirstRand's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024R41mR9m

R38b

Mar 31 2024n/an/a

R38b

Dec 31 2023n/an/a

R38b

Sep 30 2023n/an/a

R37b

Jun 30 2023R35mR8m

R36b

Mar 31 2023n/an/a

R36b

Dec 31 2022n/an/a

R35b

Sep 30 2022n/an/a

R34b

Jun 30 2022R33mR8m

R33b

Mar 31 2022n/an/a

R32b

Dec 31 2021n/an/a

R31b

Sep 30 2021n/an/a

R29b

Jun 30 2021R27mR7m

R27b

Mar 31 2021n/an/a

R20b

Dec 31 2020n/an/a

R14b

Sep 30 2020n/an/a

R16b

Jun 30 2020R24mR7m

R17b

Mar 31 2020n/an/a

R23b

Dec 31 2019n/an/a

R28b

Sep 30 2019n/an/a

R29b

Jun 30 2019R25mR6m

R30b

Compensation vs Market: Mary's total compensation ($USD2.15M) is about average for companies of similar size in the ZA market ($USD2.89M).

Compensation vs Earnings: Mary's compensation has been consistent with company performance over the past year.

CEO

Mary Vilakazi (46 yo)

less than a year

Tenure

R40,552,000

Compensation

Ms. Mary Vilakazi, BCom (Hons), HDip Auditing, CA(SA) serves as Non-Executive Director at Aldermore Group since April 01, 2024. She serves as Non-Executive Director at Aldermore Bank PLC since April 01, 20...

Leadership Team

NamePositionTenureCompensationOwnership
Mary Vilakazi
CEO & Executive Directorless than a yearR40.55m0.0083%
ZAR 35.6m
Markos Davias
CFO & Executive Directorless than a yearR46.69m0.00057%
ZAR 2.5m
Jacques Celliers
Chief Executive Officer of nav.11.2yrsR46.50m0.015%
ZAR 65.8m
Hetash Kellan
Chief Executive Officer of FNBless than a yearR42.41m0.046%
ZAR 196.8m
Stephen Cooper
Chief Executive Officer Aldermoreno dataR2.58m0.0022%
ZAR 9.5m
Emmarentia Brown
Chief Executive Officer of RMB2.2yrsR42.06m0.012%
ZAR 50.8m
Yatin Narsai
Chief Information Officer and Chief Executive Officer of FNB Smart Solutionsno datano datano data
Sam Moss
Head of Investor Relationsno datano datano data
Carnita Low
Head of Governance10.9yrsno datano data
Tswelo Kodisang
Chief People Officer3.2yrsno datano data
Andries Du Toit
Chief Value Officerless than a yearno datano data
Jaco van Wyk
Group Head of Finance11.3yrsno datano data

2.2yrs

Average Tenure

53yo

Average Age

Experienced Management: FSR's management team is considered experienced (2.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mary Vilakazi
CEO & Executive Director6.4yrsR40.55m0.0083%
ZAR 35.6m
Markos Davias
CFO & Executive Directorless than a yearR46.69m0.00057%
ZAR 2.5m
Zelda Roscherr
Independent Non-Executive Director4.7yrsR4.36m0.012%
ZAR 50.7m
Louis Von Zeuner
Independent Non-Executive Director5.8yrsR4.08m0.00014%
ZAR 603.1k
Johan Burger
Independent Non-Executive Chairman15.9yrsR6.06m0.092%
ZAR 394.8m
Grant Gelink
Independent Non-Executive Director11.9yrsR4.57m0.0018%
ZAR 7.8m
Paballo Makosholo
Independent Non-Executive Directorless than a yearR1.95mno data
Thomas Winterboer
Independent Non Executive Director6.7yrsR3.52m0.00027%
ZAR 1.2m
Tamara Esau-Isaacs
Independent Non-Executive Director1.5yrsR1.47m0.000070%
ZAR 301.6k
Sibusiso Sibisi
Lead Independent Non-Executive Director3.7yrsR3.10mno data
Premilla Naidoo
Independent Non-Executive Director2.7yrsR1.51mno data

4.7yrs

Average Tenure

62yo

Average Age

Experienced Board: FSR's board of directors are considered experienced (4.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 19:13
End of Day Share Price 2024/12/30 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

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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 Limited is covered by 25 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Johann ScholtzAfrifocus Securities (Pty) Ltd.
Harry BothaAnchor Stockbrokers Proprietary Limited
Jaap MeijerArqaam Capital Research Offshore S.A.L.