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 >
Dave & Buster's Entertainment Appoints Tarun Lal as CEO
Dave & Buster's Entertainment Appoints Tarun Lal as CEO
Jul 15, 2025
08:52 AM EDT, 07/15/2025 (MT Newswires) -- Dave & Buster's Entertainment (PLAY) said Tuesday it appointed Tarun Lal as chief executive and board member, effective July 14. Lal joins the company from Yum! Brands ( YUM ) , where he most recently was the president of KFC US,the company added. Shares of Dave & Buster's were up 2.3% in recent...
Update: AMD Prepares to Ship MI308 Chips to China Amid US License Review
Update: AMD Prepares to Ship MI308 Chips to China Amid US License Review
Jul 15, 2025
08:50 AM EDT, 07/15/2025 (MT Newswires) -- (Update with AMD's confirmation and latest stock move in the last paragraph.) Advanced Micro Devices ( AMD ) is planning to restart shipments of its MI308 chips to China as licenses to export those products are approved, a company spokesperson confirmed to MT Newswires Tuesday. We were recently informed by the Department of...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
State-owned Chinese carmakers GAC and JAC forecast record Q2 losses
State-owned Chinese carmakers GAC and JAC forecast record Q2 losses
Jul 15, 2025
BEIJING (Reuters) -Guangzhou Automobile Group (GAC) and JAC Group expect to post their biggest ever second-quarter losses next month, as the state-owned Chinese automakers struggle with competition at home and abroad. China's auto sector is reeling from overcapacity and an extended price war, prompting regulators and industry executives to warn about risks to the sector's long-term viability. State-owned automakers are...
Copyright 2023-2026 - www.financetom.com All Rights Reserved