financetom
Business
financetom
/
Business
/
South African lender FirstRand posts 10% rise in earnings
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
South African lender FirstRand posts 10% rise in earnings
Mar 5, 2025 11:05 PM

JOHANNESBURG (Reuters) - South Africa's FirstRand Ltd on Thursday posted a 10% rise in first-half earnings, helped by stronger overall credit performance.

Its normalised earnings rose to 20.9 billion rand ($1.14 billion) in the six months ending Dec. 31, from 19.1 billion rand a year earlier, the bank said.

FirstRand, which also operates across certain markets in sub-Saharan Africa and the UK, declared an interim dividend of 219 cents per share, up from 200 cents a year earlier.

($1 = 18.3016 rand)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Apollo to Buy Stake in BP's Share of Adriatic Pipeline for About $1 Billion
Apollo to Buy Stake in BP's Share of Adriatic Pipeline for About $1 Billion
Sep 16, 2024
07:45 AM EDT, 09/16/2024 (MT Newswires) -- Apollo Global Management ( APO ) and BP (BP) said Monday that Apollo-managed funds have agreed to purchase a non-controlling stake in BP Pipelines TAP Limited, which holds a 20% share in Trans Adriatic Pipeline AG, for about $1 billion. Trans Adriatic Pipeline owns and operates the final 880-kilometer stretch of the Southern...
Thor Explorations Buys Endeavour Mining's Guitry Gold Project in Cote D'Ivoire for US$100,000 and 2% Net Smelter Royalty
Thor Explorations Buys Endeavour Mining's Guitry Gold Project in Cote D'Ivoire for US$100,000 and 2% Net Smelter Royalty
Sep 16, 2024
06:58 AM EDT, 09/16/2024 (MT Newswires) -- Thor Explorations ( THXPF ) expanded its operations into Cote d'Ivoire, agreeing to acquire the Guitry Gold project from Endeavour Mining ( EDVMF ) for US$100,000 and a 2% net smelter royalty. The acquisition is subject to government approval. Thor has also entered into an agreement with Goldridge Resources to earn up to...
BRIEF-Churchill Resources Starts Drill Program And Enters Into Option Agreement To Acquire Properties At Taylor Brook, Newfoundland
BRIEF-Churchill Resources Starts Drill Program And Enters Into Option Agreement To Acquire Properties At Taylor Brook, Newfoundland
Sep 16, 2024
Sept 16 (Reuters) - Churchill Resources Inc ( CRICF ): * CHURCHILL RESOURCES STARTS DRILL PROGRAM AND ENTERS INTO OPTION AGREEMENT TO ACQUIRE PROPERTIES AT TAYLOR BROOK, NEWFOUNDLAND Source text for Eikon: Further company coverage: ...
Pfizer' Cancer Cachexia Drug Meets Main Goal in Phase 2 Study
Pfizer' Cancer Cachexia Drug Meets Main Goal in Phase 2 Study
Sep 16, 2024
07:09 AM EDT, 09/16/2024 (MT Newswires) -- Pfizer ( PFE ) said on Saturday that its experimental drug, ponsegromab, for treating cancer cachexia met the main goal in a phase 2 study. The study showed that those who received ponsegromab showed significant improvement in body weight, muscle mass, quality of life, and physical function compared to placebo, with no significant...
Copyright 2023-2026 - www.financetom.com All Rights Reserved