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FirstRand (FSR) ZAR

At a glance: strengths & risks
Revenue growing (+5%)Strong ROE (18%)Book value growing (+12%)

Sector: Banks

ZA_FSR

Price chart

97.39 ZARDay 1.06%

Key metrics

Market

Price
97.39 ZAR · 1.06%
Market cap
544.7 bn ZAR

Growth

Δ NII y/y
Δ net profit y/y
9.7%

Multiples

P/E (LTM)
11.9x
P/B (FY)
2.3x
P/E (ann.)
11.3x

Returns

Dividend yield
5.2%
ROE (annualized)
19.8%
ROI (ROE ÷ P/B)
8.7%

Value creation

annualized net income / market cap (return on equity value)
Banking potential

Liquidity

Daily turnover (listing)
283 mln ZAR

Shares: yahoo_fundamentals_timeseries/FSR.JO

Amounts: USD (converted) · As reported
Converted modes use NBK / ECB-linked rates: balance sheet date for BS items, period average for P&L and cash flow (see filing row evidence). As reported keeps each row in its filing currency.

Financial results

Monetary columns are in B ZAR, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

DatePeriodStatusNet interest incomeB ZARNet profitB ZARAssetsB ZAREquityB ZARROE (annualized)Source
2025-12-31H1 2026 (6M)OK71.9
y/y 9.9%
24.0
y/y 9.7%
2681.8
y/y 5.5%
247.0
y/y 7.4%
19.8%Link
2025-06-30H2 2025 (6M)OK83.0
y/y 5.7%
21.6
y/y 11.2%
2588.8
y/y 9.3%
237.8
y/y 11.7%
18.6%Link
2024-12-31H1 2025 (6M)OK65.5
y/y 4.2%
21.9
y/y 8.2%
2543.0
y/y 8.9%
229.9
y/y 9.6%
19.8%Link
2024-06-30H2 2024 (6M)OK78.5
y/y
19.4
y/y
2369.3
y/y 3.1%
212.9
y/y 9.7%
18.8%Link
2023-12-31H1 2024 (6M)OK62.8
y/y
20.3
y/y
2335.5
y/y
209.8
y/y
20.1%Link
2023-06-30FY 2023 (12M)OK132.0
y/y
37.5
y/y
2298.0
y/y
194.1
y/y
Link

Dividends

Paid (completed)

DatePer shareDetailsStatusSource
2026-03-31259 ZAREx-dividend: 259 ZAR per sharePaidYahoo Finance (ex-div)
2025-10-08247 ZAREx-dividend: 247 ZAR per sharePaidYahoo Finance (ex-div)
2025-04-02219 ZAREx-dividend: 219 ZAR per sharePaidYahoo Finance (ex-div)
2024-10-09215 ZAREx-dividend: 215 ZAR per sharePaidYahoo Finance (ex-div)
2024-03-26200 ZAREx-dividend: 200 ZAR per sharePaidYahoo Finance (ex-div)
2023-10-11195 ZAREx-dividend: 195 ZAR per sharePaidYahoo Finance (ex-div)
2023-03-29189 ZAREx-dividend: 189 ZAR per sharePaidYahoo Finance (ex-div)
2022-10-12310 ZAREx-dividend: 310 ZAR per sharePaidYahoo Finance (ex-div)
2022-03-30157 ZAREx-dividend: 157 ZAR per sharePaidYahoo Finance (ex-div)
2021-10-13153 ZAREx-dividend: 153 ZAR per sharePaidYahoo Finance (ex-div)

KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).

Investor reporting (IR): https://www.firstrand.co.za/investors/

Reporting forms detected in loaded periods: (Balance sheet / Profit or loss (P&L) / Cash flows)

Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of FirstRand (FSR) — from primary filings.

FirstRand is a financial services group that offers banking, lending, insurance, and investment products to individuals, businesses, and institutions across South Africa, other African countries, and internationally.

Frequently asked questions

What is FirstRand (FSR)'s P/E ratio?
FirstRand (FSR) trades at a P/E of 11.9x (price to trailing 12-month earnings).
What is FirstRand (FSR)'s P/B ratio?
FirstRand (FSR) trades at a P/B of 2.3x.
What is FirstRand (FSR)'s dividend yield?
FirstRand (FSR)'s trailing 12-month dividend yield is 5.2%.
What is FirstRand (FSR)'s return on equity (ROE)?
FirstRand (FSR)'s ROE is 19.8%.
What is FirstRand (FSR)'s market capitalization?
FirstRand (FSR)'s market cap is 544.7 bn ZAR.

See also: South African Stocks (2026): Gold, Cheap Banks and the JSE Discount · The Cheapest Bank Stocks in the World (2026): Where Global Banks Trade Below Book · The Cheapest Stocks in the World (2026): What Value Investing Says About Buying Cheap · global valuation map