FSRP - FirstRand B Preference Shares
The FirstRand Limited B Preference Shares (FSRP) stock is the B variable rate non-cumulative, non-redeemable preference shares issued by First Rand Limited on the JSE. Dividends on the B preference shares are declared out of income reserves of the company and are calculated at a rate of the prime lending rate of FNB, a division of FirstRand Bank. In the event that there is a change to the prime rate between the B preference share dividend declaration and payment date, the prevailing prime rate at the declaration date is applied from then to the payment date.
FirstRand Limited, issuer of the FSRP instrument, is a portfolio of separately branded, integrated financial services businesses offering a universal set of transactional, lending, investment and insurance products and services in South Africa, certain markets in sub-Saharan Africa and the UK. The publicly registered bank controlling company wholly owns FirstRand Bank, a full-service bank with a presence mostly in South Africa and surrounding southern African nations. The bank operates three major divisions, which are separately branded.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 68.00 |
| Day’s High Price | 68.70 |
| Traded Volume | 47,965 |
| Number of Deals | 23 |
| Gross Turnover | 3.27M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 5.61B |
| Market Capitalization | 383B |
FSRP Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +1.05% | +1.01% | -3.89% |
| 6MO | 1YR | YTD |
|---|---|---|
| +1.79% | +3.33% | +3.02% |
The current share price of FirstRand B Preference Shares (FSRP) is ZAR 68.20. FSRP closed its last trading day (Thursday, July 29, 2021) at 68.20 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.9% gain over its previous closing price of 67.60 ZAR. FirstRand B Preference Shares began the year with a share price of 66.20 ZAR and has since gained 3.02% on that price valuation, ranking it 279th on the JSE in terms of year-to-date performance.
FirstRand B Preference Shares is the 290th most traded stock on the Johannesburg Stock Exchange over the past three months (May 3 - Jul 29, 2021). FSRP has traded a total volume of 1.55 million shares—in 1,486 deals—valued at ZAR 109 million over the period, with an average of 24,678 traded shares per session. A volume high of 122,830 was achieved on May 4th, and a low of 2,553 on July 12th, for the same period. The table below details the last 10 trading days of activity of FirstRand B Preference Shares on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2021-07-29 | 47,965 | 68.20 | +0.60 | +0.89% |
| 2021-07-28 | 16,560 | 67.60 | +0.15 | +0.22% |
| 2021-07-27 | 46,605 | 67.45 | -0.35 | -0.52% |
| 2021-07-26 | 19,901 | 67.80 | -0.20 | -0.29% |
| 2021-07-23 | 55,124 | 68.00 | +0.51 | +0.76% |
| 2021-07-22 | 12,615 | 67.49 | -0.01 | -0.01% |
| 2021-07-21 | 19,611 | 67.50 | -0.50 | -0.74% |
| 2021-07-20 | 20,113 | 68.00 | ||
| 2021-07-19 | 6,784 | 68.00 | +0.50 | +0.74% |
| 2021-07-16 | 29,484 | 67.50 |
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 |
FSRP Industrial Market Competitors
FirstRand Limited, issuers of the FSRP, FirstRand Limited (+4.78%) and FRB Class A Preference Share 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 |
|---|---|---|---|---|
| INP | Investec Plc | 58.3B | 57.41 | +52.5% |
| INL | Investec Limited | 56.1B | 55.28 | +50.9% |
| NED | Nedbank Group Limited | 85B | 166.94 | +28.9% |
| FGL | Finbond Group Ltd | 1.09B | 1.20 | +21.2% |
| CPI | Capitec Bank Holdings Limited | 187B | 1,612.95 | +12.6% |
| ABG | Absa Group Limited | 114B | 134.40 | +12.1% |
| INPPR | Investec Plc Preference Shares - Rand | 83.2B | 82.00 | +9.33% |
| INPR | Investec Ltd Preference Shares | 67B | 66.00 | +7.84% |
| CPIP | Capitec Bank Preference Shares | 12.2B | 105.00 | +5.01% |
| SBKP | Standard Bank 6.5% Preference Shares | 1.3B | 0.80 | +2.56% |