Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag FirstRand's half-year earnings rose 11% to $1.41 billion, boosted by stronger revenue and non-interest income, with an 18% dividend hike.

flag FirstRand, a South African bank with operations in sub-Saharan Africa and the UK, reported an 11% increase in adjusted half-year earnings to 23.2 billion rand ($1.41 billion) for the six months ending December 31, 2025, driven by strong revenue growth, higher non-interest income, and improved credit conditions. flag Total revenue rose 8% to 48 billion rand, with non-interest income up 12% to 31.9 billion rand. flag The bank's credit cost ratio rose slightly to 86 basis points due to economic challenges in Botswana and the UK, though South Africa’s retail segment showed improvement. flag FirstRand declared a 259-cent-per-share dividend, an 18% increase, exceeding analyst forecasts.

7 Articles