FirstRand Limited (FANDF)
FirstRand Limited operates in the Banks industry of the Financial Services sector, headquartered in Sandton, GT, ZA. The stock last traded at $5.82, up 0.00% on the session, giving a market capitalisation of $32.56B. On trailing twelve-month figures it carries a trailing P/E of 14.34, a net margin of 15.5%. Its beta of 0.55 implies it has historically moved less than the broad market.
FirstRand Ltd. operates as a holding company, which engages in the provision of banking, insurance and investment products and services to retail, commercial, corporate and public sector customers. It operates through the following segments: FNB, FNB Africa, WesBank, RMB, and Centre. The FNB segment offers financial products and services to market segments including consumer, small business, agricultural, medium-sized corporate, parastatal and government entities. The FNB Africa segment is composed of a support division acting as strategic enabler, facilitator and coordinator for FNB's broader Africa businesses. The WesBank segment represents the bank's activities in instalment credit, fleet management and related services in the retail, commercial and corporate segments of South Africa. The RMB segment refers to the bank's activities in the corporate and investment banking segments in South Africa, the broader African continent and India. The Centre segment includes group-wide functions, including treasury, finance, tax, STET, regulatory risk management, and internal audit. The company was founded in 1966 and is headquartered in Johannesburg, South Africa.
FirstRand Limited is most often compared with the following Financial Services names: