FSR - FirstRand Limited
FirstRand Limited, operating as a holding company, is a publicly registered bank controlling company. The firm engages in the provision of banking, insurance and investment products and services to retail, commercial, corporate and public sector customers. The group wholly owns FirstRand Bank, a full-service bank with a presence mostly in South Africa and surrounding southern African nations. FirstRand operates through the following five segments: FNB, RMB, WesBank, Aldermore, and FCC & Other.
FNB represents the group's activities in the retail and commercial segments; RMB, activities in the corporate and investment banking segments. WesBank composes of the group's activities in the installment credit, fleet management and related services in the retail, commercial and corporate segments. Aldermore does specialist lending across asset finance, invoice finance, small-medium sized enterprises, commercial mortgages, residential mortgages, and buy-to-let areas. The FCC & Other segment deals with group-wide functions such as treasury, finance, tax, enterprise risk management, regulatory and conduct risk management, and internal audit.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 57.20 |
| Day’s High Price | 58.51 |
| Traded Volume | 11.7M |
| Number of Deals | 6,269 |
| Gross Turnover | 673M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 4.8050 |
| Price/Earning Ratio | 11.96 |
| Dividend Per Share | 1.10 |
| Dividend Yield | 1.91% |
| Shares Outstanding | 5.61B |
| Market Capitalization | 322B |
FSR Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -4.2% | -5.63% | +6.94% |
| 6MO | 1YR | YTD |
|---|---|---|
| +13.8% | +42.2% | +12.6% |
The current share price of FirstRand Limited (FSR) is ZAR 57.48. FSR closed its last trading day (Thursday, October 21, 2021) at 57.48 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1.7% drop from its previous closing price of 58.50 ZAR. FirstRand began the year with a share price of 51.04 ZAR and has since gained 12.6% on that price valuation, ranking it 225th on the JSE in terms of year-to-date performance. Investors should, however, take caution of FSR’s recent bad performance, having lost 6% of its value in the past four weeks.
FirstRand is the fifth most traded stock on the Johannesburg Stock Exchange over the past three months (Jul 23 - Oct 21, 2021). FSR has traded a total volume of 913 million shares—in 503,379 deals—valued at ZAR 54.7 billion over the period, with an average of 14.5 million traded shares per session. A volume high of 46.7 million was achieved on September 17th, and a low of 4.85 million on August 20th, for the same period. The table below details the last 10 trading days of activity of FirstRand on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2021-10-21 | 11,671,030 | 57.48 | -1.02 | -1.74% |
| 2021-10-20 | 7,966,398 | 58.50 | +0.06 | +0.10% |
| 2021-10-19 | 10,086,419 | 58.44 | -0.66 | -1.12% |
| 2021-10-18 | 9,083,102 | 59.10 | -0.21 | -0.35% |
| 2021-10-15 | 9,822,175 | 59.31 | -0.69 | -1.15% |
| 2021-10-14 | 12,025,576 | 60.00 | -0.49 | -0.81% |
| 2021-10-13 | 14,432,769 | 60.49 | -1.01 | -1.64% |
| 2021-10-12 | 15,922,320 | 61.50 | +0.50 | +0.82% |
| 2021-10-11 | 11,302,352 | 61.00 | +0.03 | +0.05% |
| 2021-10-08 | 16,225,064 | 60.97 |
Profile of FirstRand Limited
FirstRand Limited was founded on November 11, 1966 and operates in the Financials sector, specifically, the Banking industry. FirstRand contracts an estimated total number of 49,233 employees.
| Factsheet of FirstRand Limited | |
|---|---|
| Sector: Financials | Industry: Banking |
| Address: 4 Merchant Place, Corner Fredman Dr. and Rivonia Rd., Sandton, 2196, South Africa | |
| Telephone: +27-11-282-1808 | |
| Email: investor.relations@firstrand.co.za | Website: www.firstrand.co.za |
FSR Industrial Market Competitors
FirstRand Limited, issuers of the FSR, FirstRand B Preference Shares (+17.22%) and FRB Class A Preference Share (-1.21%) stocks on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Banking industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| INL | Investec Limited | 67.7B | 66.69 | +82% |
| INP | Investec Plc | 66.9B | 65.96 | +75.2% |
| FGL | Finbond Group Ltd | 1.34B | 1.47 | +48.5% |
| NED | Nedbank Group Limited | 88.6B | 174.17 | +34.5% |
| NBKP | Nedbank Ltd Preference Shares | 3.37B | 9.40 | +26.2% |
| ABSP | Absa Bank Preference Shares | 328B | 723.99 | +22.9% |
| SBKP | Standard Bank 6.5% Preference Shares | 1.54B | 0.95 | +21.8% |
| INPR | Investec Ltd Preference Shares | 75.2B | 74.05 | +21% |
| CPI | Capitec Bank Holdings Limited | 197B | 1,694.08 | +18.3% |
| ABG | Absa Group Limited | 120B | 141.30 | +17.9% |