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News24 | Rally in South African shares hinges on beating earnings estimates
02 Dec 2024 03:24 GMT
… need to beat rising earnings expectations to prolong their … 39;re worried about the earnings growth disappointing," said … those companies to grow their earnings above inflation."
Shares … Old Mutual Investment Group.
FirstRand, the largest bank by …
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South Africa: FirstRand's profit rises despite UK motor loans charge
18 Sep 2024 08:03 GMT
FirstRand posted a 4% rise in … vehicle finance market.
Its normalised earnings rose to R38bn in the … said.
Excluding the provision, normalised earnings grew by 10%, group chief …
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FirstRand produces resilient earnings growth despite a R3bn legal provision
13 Sep 2024 14:00 GMT
… , which reduced FNB’s earnings.
Vilakazi said excluding the … UK provision, normalised earnings grew 10% and the … which was significantly higher than earnings growth.
She said they … environment, she said.
“FirstRand remains discerning in pursuing advances …
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FirstRand profit hit N$1,7 billion
12 Sep 2024 16:22 GMT
… earnings increased by 10.1% to N$ 1, 716 billion.
FirstRand … said the main drivers of the increase in earnings … products for retail customers,” FirstRand said.
The group anticipates … terms of dividend declaration, FirstRand said a final ordinary …
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FirstRand full-year earnings rise after strong performance
12 Sep 2024 09:01 GMT
… by Jacqueline Mackenzie
FirstRand has grown full-year normalised earnings 4% despite … half.
The group reported normalised earnings of R37.99bn for the …
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FirstRand Namibia earnings to increase by 7% to 12%
29 Aug 2024 15:34 GMT
…
Firstrand Namibia Limited has said group’s earnings and headline earnings for … 2023 annual report, the FirstRand Namibia group said it … base growth.
Last year, Firstrand Namibia Limited said it … to N$35 billion.
Firstrand Namibia Limited asset profile …
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Motor finance test cases against Close Brothers and Firstrand head to Court of Appeal
02 Jul 2024 06:33 GMT
… (Wrench) against South African Firstrand Bank, and the final (Johnson … ) against Firstrand Bank and Motonovo Finance.
None … payments.
Close Brothers and Firstrand Bank will be defending the … last week that its earnings in the second half of …
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FirstRand raises provision over UK vehicle finance probe
01 Jul 2024 03:51 GMT
… acquired the MotoNovo business from FirstRand in May 2019.
The group … health and remain operationally resilient.
“FirstRand’s portfolio produced a stronger … coming year, FirstRand, unlike its competitors, had limited earnings sensitivity to interest …
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News24 | FirstRand flags modest earnings as it raises provision for UK car loans probe
28 Jun 2024 10:56 GMT
FirstRand's offices in Johannesburg, … ).
FirstRand has advised shareholders to expect a modest rise in annual earnings …
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Absa plunges 9.5% after cautioning about fall in interim earnings
28 Jun 2024 07:06 GMT
… Wednesday that reflected lower interim earnings for the period to … peers, Standard Bank and and FirstRand, were also trading marginally … would dampen first half earnings off the higher prior … to support better second half earnings growth off a relatively …