FirstRand Limited

JSE:FSR Stock Report

Market Cap: R479.5b

FirstRand Management

Management criteria checks 2/4

FirstRand's CEO is Mary Vilakazi, appointed in Apr 2024, has a tenure of 1.67 years. total yearly compensation is ZAR78.20M, comprised of 13.7% salary and 86.3% bonuses, including company stock and options. directly owns 0.014% of the company’s shares, worth ZAR64.98M. The average tenure of the management team and the board of directors is 3.2 years and 5.2 years respectively.

Key information

Mary Vilakazi

Chief executive officer

R78.2m

Total compensation

CEO salary percentage13.69%
CEO tenure1.7yrs
CEO ownership0.01%
Management average tenure3.2yrs
Board average tenure5.2yrs

Recent management updates

Recent updates

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

Nov 10
Here's Why We Think FirstRand (JSE:FSR) Might Deserve Your Attention Today

Should You Be Adding FirstRand (JSE:FSR) To Your Watchlist Today?

Jul 28
Should You Be Adding FirstRand (JSE:FSR) To Your Watchlist Today?

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

Apr 13
Is Now The Time To Put FirstRand (JSE:FSR) On Your Watchlist?
User avatar

Lower Inflation And Political Stability Will Stimulate Credit Growth Opportunities

Improved affordability and economic recovery could drive increased consumer and corporate credit demand, positively impacting revenue growth.

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

CEO Compensation Analysis

How has Mary Vilakazi's remuneration changed compared to FirstRand's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025R78mR11m

R42b

Mar 31 2025n/an/a

R41b

Dec 31 2024n/an/a

R40b

Sep 30 2024n/an/a

R39b

Jun 30 2024R48mR9m

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 ($USD4.63M) is above average for companies of similar size in the ZA market ($USD2.70M).

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

CEO

Mary Vilakazi (48 yo)

1.7yrs
Tenure
R78,204,000
Compensation

Ms. Mary Seemane 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 Apri...

Leadership Team

NamePositionTenureCompensationOwnership
Mary Vilakazi
CEO & Executive Director1.7yrsR78.20m0.014%
ZAR 65.0m
Markos Davias
CFO & Executive Director1.7yrsR45.81m0.0044%
ZAR 21.2m
Hetash Kellan
Chief Executive Officer of FNB1.9yrsR46.96m0.047%
ZAR 226.8m
Stephen Cooper
Chief Executive Officer Aldermoreno dataR58.44m0.0022%
ZAR 10.6m
Emmarentia Brown
Chief Executive Officer of RMB3.2yrsR46.68m0.016%
ZAR 78.1m
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 Governance11.9yrsno datano data
Tswelo Kodisang
Chief People Officer4.2yrsno datano data
Andries Du Toit
Chief Value Officer1.9yrsno datano data
Jaco van Wyk
Group Head of Finance12.3yrsno datano data
Gert Petrus Kruger
Group Chief Risk Officer5.4yrsno datano data
3.2yrs
Average Tenure
54yo
Average Age

Experienced Management: FSR's management team is considered experienced (3.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mary Vilakazi
CEO & Executive Director7.4yrsR78.20m0.014%
ZAR 65.0m
Markos Davias
CFO & Executive Director1.7yrsR45.81m0.0044%
ZAR 21.2m
Zelda Roscherr
Independent Non-Executive Director5.7yrsR4.93m0.012%
ZAR 56.6m
Louis Von Zeuner
Independent Non-Executive Director6.8yrsR5.04m0.000090%
ZAR 431.6k
Johan Burger
Independent Non-Executive Chairman16.9yrsR9.08m0.092%
ZAR 441.1m
Paballo Makosholo
Independent Non-Executive Director1.2yrsR1.51mno data
Thomas Winterboer
Independent Non Executive Director7.7yrsR4.45m0.00027%
ZAR 1.3m
Tamara Esau-Isaacs
Independent Non-Executive Director2.5yrsR2.68mno data
Sibusiso Sibisi
Lead Independent Non-Executive Director4.7yrsR3.72mno data
Premilla Naidoo
Independent Non-Executive Director3.7yrsR1.83mno data
5.2yrs
Average Tenure
60.5yo
Average Age

Experienced Board: FSR's board of directors are considered experienced (5.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/15 10:36
End of Day Share Price 2025/12/12 00:00
Earnings2025/06/30
Annual Earnings2025/06/30

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.

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 Github.

Analyst Sources

FirstRand Limited is covered by 22 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ilan StermerAnchor Stockbrokers Proprietary Limited
Jaap MeijerArqaam Capital Research Offshore S.A.L.
Adrienne DamantAvior Capital Markets