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Capitec’s growth dwarfs rivals as it closes in on FirstRand
07 Jul 2025 16:54 GMT
… . SA’s top six banks, FirstRand, Capitec, Standard Bank, Nedbank, Absa … group’s worth to R412bn. FirstRand, whose brands include FNB, Rand … equity, a surge in headline earnings and a more than 50% … “above that of peers”.
On FirstRand, the agency does not expect …
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FirstRand ups its guidance for full-year earnings
26 Jun 2025 06:17 GMT
FirstRand expects to deliver full-year earnings growth in the low … , issued in March, of earnings growth above its long-term … , as second-half absolute earnings would be marginally higher than … its motor finance business.
FirstRand is awaiting a judgment from …
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FirstRand Group injects $35 million into FNB Ghana to enhance lending capacity
19 Jun 2025 12:05 GMT
… million by its parent company, FirstRand Group, in a bid to … million—more than double its earnings for the same period last … a strategic market for the FirstRand Group,” Adams said.
“This additional …
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Rising credit losses threaten FNB earnings
27 Mar 2025 21:57 GMT
…
Simonis Storm Securities said FirstRand Namibia’s earnings growth remains solid, but … for a changing economic environment.
FirstRand Namibia posted strong interim results … deposit growth continue to drive FirstRand Namibia earnings. It said fee-based …
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SA's big banks post modest 5. 9% earnings in 2024 amid economic headwinds - PwC
18 Mar 2025 02:23 GMT
… FirstRand, Nedbank, and Standard Bank- posted a modest uptick in earnings … Monday.
Combined headline earnings climbed 5.9% from … economic growth. Underpinning earnings growth was the combination … deposits 8.7%, fuelling earnings despite uneven trading outcomes …
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South African lender FirstRand expects marginally higher second-half profit
07 Mar 2025 13:55 GMT
… FirstRand Ltd on Thursday forecast marginally higher second-half earnings … bank's normalised earnings rose to 20.9 billion … materialize," she added. FirstRand, which also operates across certain … deposit growth of 8%. FirstRand said the outcome of the …
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FirstRand CEO warns of global inflation risks amid geopolitical tensions
06 Mar 2025 18:47 GMT
… previously, she said.
FirstRand delivered good top line … earnings were expected to be marginally higher than the first half.
“FirstRand … 10% growth in normalized earnings, the 12% increase … challenging operating environment.
FirstRand was cautious in pursuing …
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WATCH: FirstRand CEO Mary Vilakazi on better-than-expected results
06 Mar 2025 21:06 GMT
FirstRand has posted a 10% rise in interim normalised earnings. SA’s biggest …
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South African lender FirstRand posts 10% rise in earnings
06 Mar 2025 06:56 GMT
… FirstRand Ltd on Thursday posted a 10% rise in first-half earnings … overall credit performance. Its normalised earnings rose to 20.9 billion … year earlier, the bank said. FirstRand, which also operates across certain …
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FirstRand grows earnings 10% boosted by geographic diversification
06 Mar 2025 08:24 GMT
The broader Africa portfolio and UK operations both delivered solid performances, with FNB’s broader Africa franchise increasing profit before tax (PBT) 9% and RMB's broader Africa PBT growing 3%.
The UK operations produced 13% growth in PBT (in …