FirstRand ( (FANDF) ) has released its Q4 earnings. Here is a breakdown of the information FirstRand presented to its investors.
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FirstRand Limited is a prominent financial services group operating primarily in South Africa, with a diverse portfolio that includes FNB, RMB, WesBank, and Aldermore. The company is involved in a broad range of financial activities, including transactional, lending, investment, and insurance services, and has a significant presence in several African countries and the UK.
In its latest earnings report for the year ending June 2025, FirstRand reported a robust financial performance with a profit after tax of R45,131 million, up from R41,180 million the previous year. The company declared total dividends of 466 cents per share, reflecting an increase from the previous year’s 415 cents per share. The group’s total assets grew to R2,588,770 million, marking an 8% compound growth over the past five years.
Key financial metrics highlighted in the report include a 12% growth in earnings attributable to ordinary equityholders, reaching R41,876 million, and a 9% increase in net interest income before impairment of advances, totaling R88,434 million. The company’s return on ordinary equity based on headline earnings remained stable at 20.3%, while the cost-to-income ratio improved slightly to 50.7%.
Looking ahead, FirstRand’s management remains optimistic about the company’s growth prospects, emphasizing their commitment to maintaining a strong risk culture and effective internal controls. The company plans to continue leveraging its diversified portfolio and strategic presence in key markets to drive sustainable growth and shareholder value.