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R37 billion Sars tax bill for big four banks as their headline earnings exceed R100 billion
09 Apr 2024 13:30 GMT
… in South Africa - Absa, FirstRand, Nedbank, and Standard Bank … four banks combined headline earnings reached a new record … , according to StatsSA.
“Earnings from South African major banks … environment, which dampened overall earnings growth rates on a combined …
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Remgro maintains dividend, despite sharp earnings decline
19 Mar 2024 11:17 GMT
… a significant drop in earnings.
Read: Remgro slides almost … the decline in headline earnings to among other things … material decline in headline earnings. If these corporate actions … R154 million received from FirstRand Limited (FirstRand) in the comparative …
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FirstRand benefits from cautious growth of credit book after pandemic
01 Mar 2024 15:38 GMT
FirstRand’s management expected the financial … group to generate second-half earnings much in line with that … a 6% increase in normalised earnings to R19.1 billion for … grow its lending currently, while FirstRand’s peers were now, in …
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FirstRand CEO says unconventional financing points to money running out
29 Feb 2024 17:43 GMT
… Andries Mahlangu and Tiisetso Motsoeneng
FirstRand’s outgoing CEO Alan Pullinger … value issued its half-year earnings report, Pullinger said the country …
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News24 Business | FirstRand ups interim dividend amid interest rates boost
29 Feb 2024 10:53 GMT
Firstrand CEO Alan Pullinger.
FirstRand, South Africa’s largest banking … a 6% increase in headline earnings to R19.14 billion for …
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FirstRand posts 6% rise in half-year profit
29 Feb 2024 07:36 GMT
… FirstRand on Thursday posted a 6% rise in first-half earnings … interest income.
Its normalised earnings rose to R19.1 billion … earlier, the bank said.
FirstRand, the country’s largest lender … customers, leading to defaults.
FirstRand posted a credit loss ratio …
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News24 Business | FirstRand says earnings on track as it remains 'operationally resilient'
20 Nov 2023 17:52 GMT
… far from being done innovating.
FirstRand, the financial services group that … , RMB and WesBank, said its earnings growth for its financial first …
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FNB CEO and FirstRand execs score massive R200 million payday
09 Oct 2023 15:01 GMT
… 2023, FirstRand reported a 12% growth in headline earnings to R36 … He will be succeeded by FirstRand group chief financial officer … .
Executive pay
According to FirstRand’s single-figure report, … that of managerial staff.
FirstRand Group CEO Alan Pullinger was …
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Pullinger hands Mary Vilakazi the leadership baton at FirstRand
05 Oct 2023 13:53 GMT
… .
Last month FirstRand posted a 12% firming in normalised earnings, which amounted … consistent strategy to deliver growth.
“FirstRand’s business philosophy means that … management succession.”
Jardine said the FirstRand board believed the new management …
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FirstRand escapes pinch of drying up South African pockets
14 Sep 2023 18:52 GMT
… for this.
FirstRand yesterday posted a 12% firming in normalised earnings, which … credit cards.
Despite these challenges, FirstRand said advances, deposits and depositors … rail and port infrastructure, with FirstRand financial and banking units actively …