Company FirstRand Limited

Equities

FSR

ZAE000066304

Banks

End-of-day quote Johannesburg S.E. 06:00:00 2024-02-20 pm EST 5-day change 1st Jan Change
64.93 ZAR +0.26% Intraday chart for FirstRand Limited +0.59% -11.67%

Business Summary

FirstRand Limited is a financial services group primarily organized around 3 sectors of activities:

- retail banking;

- investment banking;

- business banking.

At the end of June 2023, the group had ZAR 1,923.1 billion in current deposits and ZAR 1,455.4 billion in current loans.

Sales per Business

ZAR in Million2022Weight2023Weight Delta
First National Bank - Retail - Retail Other
21.2 %
22,352 20.8 % 25,607 21.2 % +14.56%
Rand Merchant Bank
21.1 %
21,680 20.2 % 25,464 21.1 % +17.45%
First National Bank - Commercial
21.0 %
22,425 20.9 % 25,325 21.0 % +12.93%
Aldermore
10.1 %
10,250 9.5 % 12,178 10.1 % +18.81%
First National Bank - First National Bank broader Africa
8.0 %
8,254 7.7 % 9,685 8.0 % +17.34%
WesBank
5.7 %
6,853 6.4 % 6,874 5.7 % +0.31%
First National Bank - Retail - Card
5.0 %
5,279 4.9 % 6,062 5.0 % +14.83%
First National Bank - Retail - Total Personal Loans
4.0 %
4,754 4.4 % 4,799 4.0 % +0.95%
First National Bank - Retail - Residential Mortgages
3.6 %
4,902 4.6 % 4,332 3.6 % -11.63%
FCC (including Group Treasury)
0.6 %
883 0.8 % 711 0.6 % -19.48%
Normalised Adjustments
-0.2 %
-89 -0.1 % -235 -0.2 % +164.04%

Sales per region

ZAR in Million2022Weight2023Weight Delta
South Africa
81.5 %
88,245 82.1 % 98,463 81.5 % +11.58%
United Kingdom
10.1 %
10,250 9.5 % 12,178 10.1 % +18.81%
Rest of Africa
8.0 %
8,254 7.7 % 9,685 8.0 % +17.34%
Global
0.6 %
883 0.8 % 711 0.6 % -19.48%
Normalised Adjustments
-0.2 %
-89 -0.1 % -235 -0.2 % +164.04%

Managers

Managers TitleAgeSince
Chief Executive Officer 59 15-09-30
Director of Finance/CFO 53 13-09-30
Chairman 65 08-12-31
Chief Operating Officer 47 18-06-30
Investor Relations Contact 63 -
Corporate Officer/Principal - 18-06-30
Corporate Officer/Principal 51 20-06-30
Treasurer - -
General Counsel - 14-01-05
Corporate Officer/Principal 62 -

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 59 15-09-30
Director/Board Member 69 21-04-14
Chief Operating Officer 47 18-06-30
Director/Board Member 74 14-09-04
Director/Board Member 63 19-01-31
Director/Board Member 74 12-12-31
Director of Finance/CFO 53 13-09-30
Director/Board Member 68 18-04-19
Director/Board Member - 20-03-31
Director/Board Member 47 23-06-21

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 5,609,488,001 5,212,829,697 ( 92.93 %) 2,900,304 ( 0.0517 %) 92.93 %

Shareholders

NameEquities%Valuation
Public Investment Corporation (SOC) Ltd.
16.10 %
903,127,547 16.10 % 3 298 M R
Royal Bafokeng Holdings (Pty) Ltd.
3.000 %
168,284,636 3.000 % 615 M R
100,970,782 1.800 % 369 M R
Old Mutual Investment Group (Pty) Ltd.
0.8010 %
44,931,366 0.8010 % 164 M R
Satrix Managers (RF) Pty Ltd.
0.5462 %
30,641,014 0.5462 % 112 M R
M&G Investment Managers (Pty) Ltd.
0.4975 %
27,904,448 0.4975 % 102 M R
Cadiz Asset Management (Pty) Ltd.
0.4635 %
25,998,134 0.4635 % 95 M R
Sanlam Investment Management (Pty) Ltd.
0.4185 %
23,476,233 0.4185 % 86 M R
Truffle Asset Management (Pty) Ltd.
0.2775 %
15,569,073 0.2775 % 57 M R
STANLIB Asset Management (Pty) Ltd.
0.2575 %
14,445,568 0.2575 % 53 M R

Holdings

NameEquities%Valuation
1,780,590,000 70.00% 573,866,351 $
156,271,536 58.40% 436,918,025 $
19,274,791 5.09% 6,225,372 $
22,000,000 0.10% 979,000 $

Company contact information

FirstRand Ltd.

4 Merchant Place Corner Fredman Drive & Rivonia Road

2196, Johannesburg

+27 11 282 1808

http://www.firstrand.co.za
address FirstRand Limited(FSR)

Group companies

NameCategory and Sector
Investment Managers
Regional Banks
Major Banks
Regional Banks
Regional Banks
Investment Banks/Brokers
Finance/Rental/Leasing
Regional Banks
Regional Banks

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
64.93 ZAR
Average target price
76.89 ZAR
Spread / Average Target
+18.42%
Consensus
+229% on MICROSOFT CORPORATION since our purchase on January 11, 2019
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