What is the ROE (Return on Equity) of FirstRand this year?
The ROE of FirstRand this year is 0.18 undefined.
FirstRand ROE 2024
FirstRand ROE
0.18
Ticker
FSR.JO
ISIN
ZAE000066304
WKN
A0EACV
In 2024, FirstRand's return on equity (ROE) was 0.18, a -3.42% increase from the 0.19 ROE in the previous year.
FirstRand Aktienanalyse
What does FirstRand do?
FirstRand Ltd is a holding company that offers various financial services in South Africa and selected markets worldwide. It was founded in 1970 as the Rand Merchant Bank and later established as a holding company in 1998. FirstRand has grown to become one of the largest financial service providers in South Africa and the African continent. Its business model is based on three pillars: First National Bank (FNB), Rand Merchant Bank (RMB), and WesBank. FNB offers a wide range of financial products including credit and debit cards, accounts, loans, investments, and insurance. RMB provides investment and corporate banking services such as stocks, bonds, derivatives, mergers and acquisitions, and consulting for private and institutional clients. WesBank is a leading provider of vehicle financing in South Africa, offering services related to car purchases such as insurance and payment guarantees. In addition to these three pillars, FirstRand operates several specialized companies including FirstRand Securities, which offers stock trading and brokerage services, Ashburton Investments, a leading asset manager with a wide range of investment products and solutions, and FirstRand Namibia, a subsidiary providing banking and financial services in Namibia. FirstRand sets itself apart from other financial service providers through its focus on innovative technology and digital solutions. FNB is a pioneer in digital banking in South Africa, offering a wide range of online and mobile banking products. The FNB App, for example, allows customers to conduct their banking transactions through their smartphones without having to visit a branch. This allows customers to manage their banking anytime and anywhere, saving time and effort. Beyond innovation in the banking sector, FirstRand is also committed to community and country development. The company actively participates in charitable projects and initiatives, investing in education, healthcare, and environmental conservation. For example, FNB has partnered with the nonprofit organization Mahala Africa to provide access to education and IT for children and youth in South Africa. Other initiatives supported by FirstRand include promoting small businesses, developing rural areas, supporting environmental and conservation projects, and fostering technology start-ups. Overall, FirstRand is a consumer-focused company that emphasizes innovation and technology to provide its customers with high-quality products and services. With a wide range of services, a strong focus on digitalization, and a solid ethical foundation, FirstRand is well positioned to continue growing and solidify its position as a leading financial service provider in South Africa and beyond. FirstRand ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROE Details
Decoding FirstRand's Return on Equity (ROE)
FirstRand's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.
Year-to-Year Comparison
Analyzing FirstRand's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.
Impact on Investments
FirstRand's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.
Interpreting ROE Fluctuations
Changes in FirstRand’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.
Frequently Asked Questions about FirstRand stock
How has the Return on Equity (ROE) of FirstRand developed compared to the previous year?
The ROE of FirstRand has increased by -3.42% decreased compared to the previous year.
What impact does a high ROE (Return on Equity) have on investors of FirstRand?
A high ROE indicates that FirstRand generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.
What impact does a low ROE (Return on Equity) have on investors of FirstRand?
A low ROE can indicate that FirstRand is having difficulties monetizing its investments successfully and can be a negative signal for investors.
How does a change in the ROE (Return on Equity) of FirstRand affect the company?
A change in ROE (Return on Equity) of FirstRand can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.
How to calculate the ROE (Return on Equity) of FirstRand?
The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.
Which factors influence the ROE (Return on Equity) of FirstRand?
Some factors that can influence FirstRand's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.
What strategic measures can take to improve the ROE (Return on Equity)?
To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.
How much dividend does FirstRand pay?
Over the past 12 months, FirstRand paid a dividend of 6.27 ZAR . This corresponds to a dividend yield of about 0.08 %. For the coming 12 months, FirstRand is expected to pay a dividend of 6.85 ZAR.
What is the dividend yield of FirstRand?
The current dividend yield of FirstRand is 0.08 %.
When does FirstRand pay dividends?
FirstRand pays a quarterly dividend. This is distributed in the months of April, April, November, November.
How secure is the dividend of FirstRand?
FirstRand paid dividends every year for the past 23 years.
What is the dividend of FirstRand?
For the upcoming 12 months, dividends amounting to 6.85 ZAR are expected. This corresponds to a dividend yield of 0.09 %.
In which sector is FirstRand located?
FirstRand is assigned to the 'Finance' sector.
Wann musste ich die Aktien von FirstRand kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of FirstRand from 10/14/2024 amounting to 0.12 ZAR, you needed to have the stock in your portfolio before the ex-date on 10/11/2024.
When did FirstRand pay the last dividend?
The last dividend was paid out on 10/14/2024.
What was the dividend of FirstRand in the year 2023?
In the year 2023, FirstRand distributed 3.84 ZAR as dividends.
In which currency does FirstRand pay out the dividend?
The dividends of FirstRand are distributed in ZAR.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von FirstRand
Our stock analysis for FirstRand Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of FirstRand Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
