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 | Growth & Valuation | ||
|---|---|---|---|
| Opening Price: | -- | Earnings Per Share: | -- |
| Day's Low Price: | 72.20 | Price/Earning Ratio: | -- |
| Day's High Price: | 73.70 | Dividend Per Share: | -- |
| Traded Volume: | 21,652 | Dividend Yield: | -- |
| Number of Deals: | 15 | Shares Outstanding: | 45m |
| Value/Turnover: | 1.57m | Market Capitalization: | 3.25b |
FSRP Stock Market Performance
| 1WK | 4WK | 3MO | 6MO | 1YR | YTD |
|---|---|---|---|---|---|
| -2.10% | +7.44% | +5.87% | +25.57% | +4.64% | +9.06% |
The current share price of FirstRand B Preference Shares (FSRP) is ZAR 72.20. The FSRP stock closed its last trading day (Friday, May 14, 2021) at 72.20 ZAR per share on the Johannesburg Stock Exchange, recording a 2.02% drop from its previous closing price of 73.69 ZAR. FSRP began the year with a share price of 66.20 ZAR and has since gained 9.06% on that price valuation, ranking it 202nd on the JSE in terms of year-to-date performance. Shareholders will be pleasantly optimistic about FSRP knowing that the stock has accrued 7.44% over the past four-week period alone. 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% |
|---|---|---|---|---|
| 2021-05-14 | 21,652 | 72.20 | -1.49 | 2.02% |
| 2021-05-13 | 16,336 | 73.69 | +0.69 | 0.95% |
| 2021-05-12 | 31,631 | 73.00 | +1.00 | 1.39% |
| 2021-05-11 | 31,047 | 72.00 | +0.40 | 0.56% |
| 2021-05-10 | 30,146 | 71.60 | -2.15 | 2.92% |
| 2021-05-07 | 15,283 | 73.75 | +0.75 | 1.03% |
| 2021-05-06 | 46,797 | 73.00 | +1.01 | 1.40% |
| 2021-05-05 | 18,311 | 71.99 | +1.42 | 2.01% |
| 2021-05-04 | 122,830 | 70.57 | -0.39 | 0.55% |
| 2021-05-03 | 26,269 | 70.96 | -- | -- |
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. Unfortunately, we do not have information on the company's board of directors and/or key executives at this time.
| 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 (+4.39%) 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 gives you an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | Mkt. Cap. | L. Price | YearTD |
|---|---|---|---|---|
| SBKP | Standard Bank 6.5% Preference Shares | 13.52m | 1.69 | +116.7% |
| FGL | Finbond Group Ltd | 1.41b | 1.55 | +56.6% |
| INP | Investec Plc | 39.70b | 57.03 | +51.5% |
| INL | Investec Limited | 17.63b | 55.27 | +50.9% |
| INPR | Investec Ltd Preference Shares | 2.25b | 73.12 | +19.5% |
| NED | Nedbank Group Limited | 73.79b | 145.00 | +12.0% |
| CPI | Capitec Bank Holdings Limited | 182.69b | 1,580.00 | +10.3% |
| NBKP | Nedbank Ltd Preference Shares | 2.92b | 8.15 | +9.40% |
| ABSP | Absa Bank Preference Shares | 3.09b | 624.50 | +6.02% |
| ABG | Absa Group Limited | 105.71b | 124.70 | +4.04% |