FirstRand (FSR.JO) Stock Price
FirstRand Price
Over the last 19 years FirstRand grew revenue by 4.9% annually, reaching 243.97 B ZAR. Earnings per share have grown at 6.0% per year over the last 19 years. For FirstRand, the net margin of 15.4% is down versus 20.2% a few years ago. At today's price the dividend yield works out to roughly 5.63%. The payout ratio is around 202% of earnings. The dividend has grown at 10.0% per year over the past 19 years. The consensus 12-month price target for FirstRand is 97.92 ZAR, about 8.9% above where the stock trades today. Of 14 analysts, 11 rate the stock a buy — an overall Buy consensus.
FirstRand stock price
FirstRand business model & stock analysis
Frequently asked questions about FirstRand
The business model of FirstRand Ltd revolves around being a leading financial services group in South Africa. As one of the largest banks in the country, FirstRand operates through a portfolio of different brands and subsidiaries. The company offers a wide range of financial services, including retail and commercial banking, investment banking, asset management, and insurance. With a strong focus on innovation and customer-centric solutions, FirstRand aims to meet the diverse needs of individuals, businesses, and institutions across various sectors. By leveraging its extensive network and expertise, FirstRand strives to deliver sustainable growth and value to its shareholders and stakeholders.
FirstRand Ltd is primarily active in the financial services industry.
Some of the main competitors of FirstRand Ltd in the market include Standard Bank Group Ltd, Absa Group Limited, and Nedbank Group Limited. These companies also operate in the financial services sector and provide similar banking and financial products and services. Competing with strong market players, FirstRand Ltd strives to differentiate itself through innovative offerings, customer-centric approach, and efficient operations. Eminently participating in the competitive landscape, FirstRand Ltd focuses on sustaining its market position and serving its customers with superior financial solutions.
FirstRand Ltd is a leading financial services provider based in South Africa. Established in 1998, the company has a rich history and background. It was formed through the merger of First National Bank (FNB), Momentum, and Rand Merchant Bank (RMB). FirstRand Ltd has since grown to become one of the largest banking institutions in Africa, offering a comprehensive range of financial products and services. With its commitment to innovation and customer-centric approach, FirstRand Ltd has gained a strong reputation in the industry. The company has consistently demonstrated its ability to adapt and thrive in a dynamic and competitive market, making it a trusted choice for individuals and businesses alike.
Over the years, FirstRand Ltd has achieved several significant milestones. These include consolidating its position as one of the largest financial services groups in South Africa. FirstRand Ltd has successfully expanded both locally and internationally, establishing a presence in various African countries, India, and the United Kingdom. The company's commitment to innovation and digital transformation has allowed it to stay ahead in the ever-evolving financial industry. FirstRand Ltd has consistently delivered strong financial performance, with an impressive track record of sustainable growth and profitability. Through its subsidiaries, including First National Bank, WesBank, and Ashburton Investments, FirstRand Ltd continues to lead in providing comprehensive financial solutions to its customers.
FirstRand Ltd, a leading financial services provider, primarily operates in South Africa. As one of the largest banking and insurance groups in the country, FirstRand Ltd serves a wide customer base across different provinces and cities. With a dominant presence in the South African market, FirstRand Ltd has established a strong network of branches and digital platforms to cater to the financial needs of individuals, businesses, and institutional clients. The company's focus on innovation and growth has further allowed it to expand its footprint into neighboring countries within the Southern African Development Community (SADC) region, including Namibia, Botswana, Mozambique, Zambia, and Lesotho.
FirstRand Ltd represents values of integrity, innovation, and accountability. With a corporate philosophy centered around customer-centricity, the company aims to create long-term value for its stakeholders. FirstRand values diversity and inclusivity, fostering an inclusive work environment where different perspectives are encouraged. The company's commitment to responsible business practices is reflected in its focus on sustainability and environmental stewardship. As one of the leading financial services providers in South Africa, FirstRand strives to deliver exceptional service, build lasting customer relationships, and contribute to the socio-economic development of the communities it serves.
Analysts currently set an average price target of 101.05 ZAR for the FirstRand stock (median: 97.92 ZAR), implying +12.4 % versus the latest price. The consensus is based on 14 analyst ratings.
14 analysts currently rate the FirstRand stock: 11 recommend buying, 3 holding and 0 selling.
Converted at the current exchange rate, the FirstRand share trades at 4.81 EUR (89.90 ZAR).
The FirstRand share (FSR.JO) is listed on 4 stock exchanges, including: JSE (Johannesburg) (FSR.JO), Frankfurt (FSRA.F), München (FSRA.MU).
FirstRand Limited is a leading South African group of companies involved in financial services, banking, and insurance. The company is structured through its three main divisions: First National Bank (FNB), Rand Merchant Bank (RMB), and WesBank, which cover the various business segments of the group. First National Bank (FNB) offers a wide range of financial and banking services to private, commercial, and institutional customers. These include current accounts, savings and investment accounts, credit cards, loans, mortgages, insurance, investment and asset management, as well as electronic payment and banking services. FNB also has a strong retail presence and offers various products and services for customers, including mobile services, smart banking, online banking, and a diverse range of products for small businesses. Rand Merchant Bank (RMB) specializes in investment banking and corporate banking. RMB provides a comprehensive range of services to institutional customers and companies, including structuring and financial advisory, capital raising, mergers and acquisitions, trade finance, risk management, foreign exchange trading, and investment advice. WesBank is one of the leading automotive finance companies in South Africa and offers various financing solutions for new and used cars, including leasing, installment agreements, personal loans, purchase and repurchase agreements, insurance, and warranties. WesBank also offers financial products for customers in other African countries. In recent years, FirstRand has also focused on digitization and innovation by expanding its product range and introducing new business models. The company has partnered with the smartphone bank TymeDigital by Commonwealth Bank of Australia and offers digital wallet and payment solutions. Meanwhile, RMB Ventures, together with telecommunications company MTN, has launched a platform to promote startups and entrepreneurship in Africa. FirstRand also has a strong presence in other African countries such as Namibia, Botswana, Ghana, Swaziland, Lesotho, Tanzania, Zambia, Mozambique, Nigeria, and Uganda. The company is committed to establishing a strong presence throughout Africa and operating as one of the leading African financial service providers. Overall, FirstRand has a diversified business model based on different segments and product offerings. The company has a strong presence in South Africa and other African countries and is focused on innovation and digitization to unlock new business opportunities. FirstRand also has a strong financial position and a solid growth strategy aimed at strengthening its market position and expanding its customer base.
The revenue of FirstRand is 243.97 B ZAR. This figure is based on current financial data and reflects the company's business performance.
The profit of FirstRand is 37.47 B ZAR. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of FirstRand is currently 13.43. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the FirstRand stock.
The price-to-sales ratio (P/S) of FirstRand is currently 2.06. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the FirstRand stock.
The Eulerpool Quality Score for FirstRand is 7/10.
The ISIN of FirstRand is ZAE000066304. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of FirstRand is A0EACV. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of FirstRand is FSR.JO. The ticker symbol is used to trade FirstRand shares on the stock exchange.
FirstRand stock
All fundamentals and in-depth analysis of FirstRand
Our stock analysis for FirstRand 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. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.