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Thursday, September 10, 2026

FirstRand Limited reports FY results

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  • FirstRand Limited press release (FANDY): FY26 earnings down 5% because of a large UK finance provision.
  • Normalized earnings rose 16% on strong operational growth across South African units.
  • Continuing operations earnings grew 13% with a robust return on equity of 24.9%.
  • Management increased the total dividend by 16% following solid capital generation.
  • The group maintained a strong Common Equity Tier 1 capital ratio of 13.9%.
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