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FirstRand Ltd
JSE:FSR

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FirstRand Ltd
JSE:FSR
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Price: 7 725 Zac 0.17% Market Closed
Market Cap: 442.4B Zac
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FirstRand Ltd
Pre-Tax Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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FirstRand Ltd
Pre-Tax Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Pre-Tax Income CAGR 3Y CAGR 5Y CAGR 10Y
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FirstRand Ltd
JSE:FSR
Pre-Tax Income
zar53B
CAGR 3-Years
12%
CAGR 5-Years
5%
CAGR 10-Years
8%
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FirstRand Ltd
Glance View

Market Cap
442.4B Zac
Industry
Financial Services

FirstRand Ltd., rooted in Johannesburg, South Africa, has steadily grown into one of the most formidable financial institutions on the African continent. Founded in 1998, it has crafted a robust portfolio by consolidating influential financial service brands like First National Bank (FNB), Rand Merchant Bank (RMB), and WesBank under its umbrella. At its core, FirstRand operates as a diversified financial services group, deeply entrenched in providing comprehensive services such as retail, commercial, corporate, and investment banking. By leveraging these diverse financial avenues, FirstRand has sculpted a dynamic and resilient ecosystem that caters to a wide array of customer needs ranging from individual savers to multinational conglomerates. The engine of FirstRand's profitability is its strategic alignment across different sectors of the banking industry, coupled with an impressive geographic footprint. FNB, their retail banking arm, focuses on delivering accessible financial services with a keen interest in digital innovation, serving the evolving needs of individual consumers and small businesses. Simultaneously, RMB capitalizes on its prowess in corporate and investment banking, dealing with complex financial solutions and offering advisory services, which attract substantial corporate clientele. Meanwhile, WesBank specializes in asset financing, ensuring a steady income stream through vehicle and asset loans. FirstRand derives its earnings through a blend of interest income from these loans and various fees for financial services, painting a picture of a well-oiled financial machine adept at navigating market fluctuations while preserving investor trust.

FSR Intrinsic Value
Not Available
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See Also

What is FirstRand Ltd's Pre-Tax Income?
Pre-Tax Income
53B ZAR

Based on the financial report for Jun 30, 2024, FirstRand Ltd's Pre-Tax Income amounts to 53B ZAR.

What is FirstRand Ltd's Pre-Tax Income growth rate?
Pre-Tax Income CAGR 10Y
8%

Over the last year, the Pre-Tax Income growth was 4%. The average annual Pre-Tax Income growth rates for FirstRand Ltd have been 12% over the past three years , 5% over the past five years , and 8% over the past ten years .

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