FirstRand Limited (FANDY)
FirstRand Limited operates in the Banks - Diversified industry of the Financial Services sector, headquartered in Sandton, GT, ZA. The stock last traded at $63.00, up 0.00% on the session, giving a market capitalisation of $35.23B. On trailing twelve-month figures it carries a trailing P/E of 12.64, a net margin of 17.0%. Its beta of 0.54 implies it has historically moved less than the broad market.
FirstRand Limited, operating alongside its various subsidiaries, offers an extensive array of financial products and services. These encompass banking operations, transactional solutions, lending facilities, investment opportunities, and insurance coverage. The company boasts a significant geographical presence, serving clients across South Africa, the broader African continent, the United Kingdom, and other international markets. Its diverse offerings include core banking services like deposit and savings accounts, personal credit lines, and specialized funding such as asset and invoice finance. It also provides a range of mortgage products tailored for small and medium-sized enterprises (SMEs), residential properties, and buy-to-let investments. Furthermore, FirstRand is a provider of both life and short-term insurance policies, alongside card-acquiring services for businesses. Its portfolio extends to vehicle financing, installment credit options, and comprehensive fleet management solutions, complemented by robust corporate and investment banking services. The company also manages assets and offers specific insurance products related to vehicles. FirstRand caters to an exceptionally wide client base, which includes individual retail customers, various commercial enterprises, large corporate entities, the public sector, small businesses, agricultural operations, medium-sized corporations, parastatal organizations, and government institutions. The company was founded in 1966 and is headquartered in Sandton, South Africa.
FirstRand Limited is most often compared with the following Financial Services names: