FirstRand expects 20% bump in headline earnings

Financial services group FirstRand is expecting a bump in headline earnings of about one-fifth for its 2022 financial year because of an increase in credit uptake in its retail and commercial segments.

“Corporate activity is also showing stronger momentum, particularly in the last quarter,” the company said in a trading statement for its year to end-June...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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FirstRand expects FY earnings to rise by at least 20%JSE-listed FirstRand Limited expects its earnings for the year ended June 30, 2021 to increase by at least 20% as it sees continued growth in borrowings and stronger momentum in corporate activity. Moneyweb FirstRand
Source: Moneyweb - 🏆 5. / 77 Read more »

FirstRand expects FY earnings to rise by at least 20%JSE-listed FirstRand Limited expects its earnings for the year ended June 30, 2021 to increase by at least 20% as it sees continued growth in borrowings and stronger momentum in corporate activity. Moneyweb FirstRand
Source: Moneyweb - 🏆 5. / 77 Read more »