Edition:
India

FirstRand Ltd (FSRJ.J)

FSRJ.J on Johannesburg Stock Exchange

3,911.00ZAc
18 Sep 2020
Change (% chg)

-96.00 (-2.40%)
Prev Close
4,007.00
Open
4,007.00
Day's High
4,046.00
Day's Low
3,881.00
Volume
26,924,065
Avg. Vol
18,418,921
52-wk High
6,990.00
52-wk Low
3,113.00

Latest Key Developments (Source: Significant Developments)

FirstRand Posts FY Basic And Diluted HEPS Of 308.9 Cents
Thursday, 10 Sep 2020 

Sept 10 (Reuters) - FirstRand Ltd ::FIRSTRAND - FIRSTRAND ANTICIPATES AN UPWARD TRAJECTORY IN EARNINGS IN SECOND HALF SIX MONTHS TO JUNE 2021.FIRSTRAND - FY BASIC AND DILUTED HEADLINE EARNINGS PER SHARE 308.9 CENTS.FIRSTRAND - ABSOLUTE LEVEL OF EARNINGS ON A YEAR-ON-YEAR BASIS ARE UNLIKELY TO REVERT BACK TO JUNE 2020 LEVELS.FIRSTRAND - FY GROUP'S CAPITAL POSITION REMAINED STRONG, WITH A COMMON EQUITY TIER 1 (CET1) CAPITAL ADEQUACY RATIO OF 11.5%.FIRSTRAND - ECONOMIC IMPACT OF COVID-19 WILL CONTINUE TO PLACE ACUTE PRESSURE ON GROUP'S PERFORMANCE FOR REST OF 2020 CALENDAR YEAR.FIRSTRAND - FY NORMALISED ROE 12.9% VERSUS 22.8%.FIRSTRAND - NOT DECLARED A FINAL DIVIDEND GIVEN PRUDENTIAL AUTHORITY'S (PA'S) CURRENT GUIDANCE TO PRESERVE CAPITAL.FIRSTRAND- ACTIVITY LEVELS WILL REMAIN MUTED ON RELATIVE BASIS, BALANCE SHEET GROWTH TO BE SUBDUED, CREDIT PERFORMANCE WILL NOT MATERIALLY IMPROVE.  Full Article

FirstRand Says PIC's Shareholding Has Increased To 14.076% Of Co's Shares
Monday, 6 Jul 2020 

July 6 (Reuters) - FirstRand Ltd ::PUBLIC INVESTMENT CORPORATION'S (PIC'S) SHAREHOLDING IN GROUP HAS INCREASED TO 14.076% OF FIRSTRAND'S ISSUED ORDINARY SHARES.  Full Article

Firstrand Appoints Gert Kruger As Group Chief Risk Officer
Friday, 17 Jan 2020 

Jan 17 (Reuters) - FirstRand Ltd ::FIRSTRAND LTD - FIRSTRAND APPOINTMENT OF GERT KRUGER AS GROUP CHIEF RISK OFFICER.FIRSTRAND LTD - KRUGER WILL TAKE ON THE ROLE OF CHIEF RISK OFFICER ON 1 JULY 2020.  Full Article

Firstrand HY HEPS 237.9 Cents
Tuesday, 12 Mar 2019 

March 12 (Reuters) - FirstRand Ltd ::JSE: FSR - FSRP - UNAUDITED INTERIM RESULTS AND CASH DIVIDEND DECLARATION FOR THE SIX MONTHS ENDED 31 DECEMBER 2018.FIRSTRAND LTD - HY IFRS BASIC AND DILUTED EARNINGS PER SHARE 280.5 CENTS.FIRSTRAND LTD - HY ROE 22.3 PERCENT VERSUS 22.5 PERCENT.FIRSTRAND LTD - MOMENTUM IS EXPECTED TO CONTINUE ON BACK OF CUSTOMER AND VOLUME GROWTH IN 2019.FIRSTRAND LTD - HY FNB'S PRE-TAX PROFITS INCREASED 12% TO R12.5 BILLION.FIRSTRAND LTD - CROSS-SELL AND UP-SELL STRATEGIES WILL DELIVER HIGHER INSURANCE REVENUES AND GOOD DEPOSIT AND ADVANCES GROWTH IN 2019.FIRSTRAND LTD - HY RMB PRE-TAX PROFITS INCREASING 6% TO R4.7 BILLION.FIRSTRAND - GIVEN STRUCTURAL NATURE OF MANY OF SOUTH AFRICA'S CHALLENGES, GROUP BELIEVES THAT DOMESTIC FUNDAMENTALS WILL NOT CHANGE QUICKLY.FIRSTRAND LTD - HY BASIC AND DILUTED HEADLINE EARNINGS PER SHARE 237.9 CENTS.FIRSTRAND LTD - HY IFRS NET ASSET VALUE PER SHARE 2 202.8 CENTS.FIRSTRAND- GIVEN MACRO UNCERTAINTY IN UK, ONGOING INVESTMENT COSTS INTO SYSTEMS & PROCESSES ALDERMORE'S GROWTH TRAJECTORY EXPECTED TO SLOW MARGINALLY.FIRSTRAND LTD - INTERIM DIVIDEND OF 139 CENTS.FIRSTRAND LTD - INTERIM DIVIDEND 139 CENTS VERSUS 130 CENTS A YEAR AGO.  Full Article

FirstRand Sees HY IFRS Earnings Per Basic Share To Rise By 50.01 - 54.55 Cents
Friday, 22 Feb 2019 

Feb 22 (Reuters) - FirstRand Ltd ::TRADING STATEMENT - FINANCIAL IMPACT OF DISCOVERY CARD TRANSACTION.SEES HY IFRS EARNINGS PER BASIC SHARE TO RISE BY 50.01 - 54.55 CENTS.PROFIT FOR GROUP OF ABOUT R2.3 BILLION FROM DISCOVERY CARD DEAL WILL BE EXCLUDED FROM FIRSTRAND'S HEADLINE EARNINGS FOR HY.  Full Article

Firstrand HY IFRS EPS To Rise 18 Pct Due To Discovery Card Deal
Friday, 14 Dec 2018 

Dec 14 (Reuters) - FirstRand Ltd ::HY IFRS EARNINGS AND EPS WILL SHOW INCREASE OF ABOUT 18% (TO APPROXIMATELY R15 049 MILLION AND BY 41.0 CENTS PER SHARE).PROFIT OF ABOUT R2.3 BILLION FROM DISCOVERY CARD DEAL WILL BE INCLUDED IN EARNINGS FOR SIX-MONTH PERIOD TO DEC 31.PROFIT FROM DISCOVERY CARD DEAL WILL BE EXCLUDED FROM CO'S HEADLINE EARNINGS.  Full Article

PIRC Recommends Shareholders Vote Against Re-Election Of Ferguson Chairman
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - Restaurant Group PLC ::PIRC- RECOMMENDS SHAREHOLDERS VOTE AGAINST PROPOSED ACQUISITION OF WAGAMAMA BY RESTAURANT GROUP.PIRC- RECOMMENDS SHAREHOLDERS VOTE AGAINST REMUNERATION REPORT AND POLICY OF FERGUSON PLC.PIRC - RECOMMENDS SHAREHOLDERS VOTE AGAINST RESTAURANT GROUP PLC'S PLANS TO ISSUE SHARES IN CONNECTION WITH A RIGHTS ISSUE.PIRC- RECOMMENDS SHAREHOLDERS VOTE AGAINST RE-ELECTION OF FERGUSON CHAIRMAN GARETH DAVIS.PIRC - RECOMMENDS SHAREHOLDERS VOTE AGAINST APPROVAL OF FIRSTRAND'S REMUNERATION POLICY AND REMUNERATION REPORT AT MEETING.  Full Article

UPDATE 2-S.Africa's FirstRand hopes to return to dividends next year

* Says crisis will weigh on profit for some time (Recasts on dividend, adds shares)