FirstRand Limited operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares FirstRand Limited with three other
banks in Africa:
Capitec Bank Holdings Limited
sales of 18.34 billion South African Rands [US$1.33 billion]
of which 100%
was Banking & Related Activities),
Sasfin Holdings Limited
(1.79 billion South African Rands [US$130.05 million]
Net 1 UEPS Technologies, Incorporation
(8.56 billion South African Rands [US$622.26 million]
of which 42%
was Financial inclusion and applied technolo).
During the year ended June of 2016, sales at
FirstRand Limited were 111.17 billion South African Rands (US$8.08 billion).
increase of 12.4%
versus 2015, when the company's sales were 98.92 billion South African Rands.
This was the fifth consecutive year of sales increases at FirstRand Limited
(and since 2011, sales have increased a total of 81%).
Sales of Rmb Corporate Banking saw an increase
that was more than double the company's growth rate: sales were up
90.2% in 2016, from
2.13 billion South African Rands to 4.05 billion South African Rands.
Not all segments of FirstRand Limited experienced an increase in sales in 2016:
sales of Corporate Center fell 42.5% to 2.74 billion South African Rands.
(However, this segment's sales were only a very small portion of the company's overall sales).
FirstRand Limited also experienced decreases in sales in
Rmb Investment Banking (down 2.7% to 12.39 billion South African Rands)