JSE FSR

FirstRand Limited, also referred to as FirstRand Group is the holding company of FirstRand Bank, and is a financial services provider in South Africa. It is one of the financial services providers licensed by the Reserve Bank of South Africa, the national banking regulator.

FirstRand Group holds its investments through five main subsidiaries. These subsidiaries and their subsidiaries are therefore are members of the FirstRand Group include, but are not limited to the following:

FirstRand Bank Limited –South Africa

FirstRand Investment Holdings Proprietary Limited (FREMA) – 100% Shareholding – South Africa

FirstRand International Limited (Guernsey) – 100% Shareholding – holding company for UK.

FirstRand Investment Holdings Proprietary Limited (FRIHL) – 100% Shareholding – South Africa 

FirstRand Investment Management Holdings Limited – 100% Shareholding – South Africa

FirstRand Insurance Holdings (Pty) Ltd – 100% Shareholding – South Africa 

FirstRand shares

Can you buy FirstRand shares online?

The website of SA Shares makes it easy for you to buy JSE listed shares online.

FirstRand Shares Growth Driver

  • FirstRand aims to deliver long-term franchise value and superior FirstRand share price growth within acceptable levels of volatility, with this vision driven by two growth strategiesbecoming a leading South African player focusing on existing and under-represented markets, and growing African franchises positioned to benefit from trade and investment flows between Africa, Asia and Europe.
  • FirstRand recorded good performance in the latest financial year, with profits of R 15 billion, a rise of 22%. The group’s main profit contributor, FNB, performed well with a 20% increase in profits, while RMB and WesBank also recorded gains through new business volumes. Overall profit growth was however muted somewhat by the challenging economic environment in key markets. Despite this, FNB grew its presence in existing and new markets on the back of innovative products and delivery channels, particularly from electronic and digital platforms.
  • FirstRand has high levels of surplus capital for investment across the African continent, allowing it to expand its geographic reach and revenue streams, to the benefit of those who buy the shares.

FirstRand Group Investor Tip

  • In response to an increasingly pressured economy in South Africa, FirstRand has announced that it will close some branches and focus on cost efficiencies. After reporting minimal headline earnings per share of 3% in the second half on 2015, investors lost confidence in FirstRand shares. The live online stocks chart shows that FirstRand share price has suffered as a result. Shareholders did however receive a solid 20.9% increase in dividends.
  • Growth is anticipated to be slow in the near to medium term, but FirstRand shares have proven to be resilient and able to recover from slumps. The forecast for FirstRand share price is uncertain, but investment analysts have advised that investors hold their position in the company, with several also hinting that investors buy shares due to FirstRand’s innovative offerings and growth prospects.

FirstRand Major Shareholders

RMB Holdings, Public Investment Corporation, FirstRand Empowerment Trust, Financial Securities (Remgro).

  • SectorFinancials
  • IndustryBanking
  • Sub industryBanks

How to buy FirstRand Group Shares

  • FirstRand : How to buy FirstRand Group Shares OnlineWe have made it simple to buy JSE listed firm shares online. The easiest way to buy FirstRand Group shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in FirstRand and assist you with the setup and management of your stock portfolio account.
  • Here are the steps you must follow to Buy / Purchase FirstRand Group shares with utmost confidence:
    1. Start by Filling in the BUY THIS SHARE form.
    2. Insert your name, email, telephone number and monthly remuneration.
    3. Then, Indicate the amount you are looking to invest in FirstRand.
    4. Click the “ INVEST NOW” button
    5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
    6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)
  • Buy Shares with ConfidenceBuying JSE shares has never been this convenient and easy. #myfirstshare

Frequently Asked Questions

What is FirstRand?

A leading South African financial services provider.

Can you buy FirstRand shares online?

The website of SA Shares makes it easy for you to buy JSE listed shares online.

Is FirstRand a good share to buy?

Investors buy shares in FirstRand because of the company’s innovative offerings and growth prospects.

Who are the major shareholders in FirstRand?

RMB Holdings, Public Investment Corporation, FirstRand Empowerment Trust, Financial Securities (Remgro).

When was FirstRand founded?

1998