Banking sector: 60%
Insurance services: 25%
Investment banking: 15%

South Africa: 70%
Namibia: 15%
Botswana: 10%

FirstRand Limited generates the majority of its revenue from the banking sector, followed by insurance services and investment banking. The South African market is the dominant market for FirstRand, attributed to its strong presence and established customer base in the home country. Namibia and Botswana are also significant markets contributing to revenue diversification.

Production sites: South Africa

FirstRand Limited is one of the largest financial services groups in Africa and primarily offers banking services. As a financial services company, it does not produce physical products in the traditional sense, but offers financial products and services. Its headquarters and main operational activities are located in South Africa.

Current Strategy of FirstRand Limited:

FirstRand Limited is pursuing a strategy focused on digitization, geographical expansion, and diversification of services.

The company is heavily investing in digital platforms to expand its customer base and increase efficiency. This includes the development of mobile and online banking services to meet changing customer needs.

In addition, FirstRand aims to expand into other African markets to benefit from growth opportunities in the region. This geographical diversification is intended to reduce risk and tap into new revenue streams.

Another focus is on diversifying the range of services offered, particularly in the areas of asset management and insurance, to reduce dependence on traditional banking services and generate additional revenue streams.

Raw Materials/Materials: Financial services do not require physical raw materials.

FirstRand Limited is a financial services company and not a manufacturing industry, so it does not import physical raw materials or materials. Instead, the company focuses on banking services, insurance, and investments.

The main resources needed to operate a financial services company like FirstRand are technological infrastructure, human capital, and data. These are not sourced in the form of physical imports, but through investments in IT systems, training, and data management.

Market share in South Africa: Approx. 20% (2023) Return on Equity (ROE): 18.5% (2023) Common Equity Tier 1 Ratio (CET1): 13.2% (2023)

FirstRand Limited is one of the leading financial services groups in South Africa and has a significant market share of about 20%. This gives the company a strong competitive advantage, especially in a market dominated by a few major players.

The high Return on Equity of 18.5% shows that FirstRand efficiently utilizes capital to generate profits. This is an indicator of strong operational performance and the ability to achieve above-average returns compared to competitors.

The solid Common Equity Tier 1 Ratio of 13.2% underscores the financial stability of the company and its ability to meet regulatory requirements, which is crucial in the banking industry.

In summary, FirstRand Limited has a significant competitive advantage in the South African banking industry through its market position, capital efficiency, and financial stability.

Institutional investor share: approx. 60% (estimated for 2025 based on historical trends)

Insider purchases/sales: No significant transactions in the last year (estimated for 2025)

FirstRand Limited has traditionally had a high institutional investor share, which has hovered around 60% in recent years. This reflects the confidence of large investment funds and institutional investors in the company's stability and growth potential.

Regarding insider purchases and sales, there have been no significant transactions in the last year indicating a change in the management's confidence in the company's future development. This suggests a stable internal assessment of the company's situation.

Market share of FirstRand Limited: 18% (estimated for 2025)

Top competitors and their market shares:

1. Standard Bank Group: 22%
2. ABSA Group: 20%
3. Nedbank Group: 15%
4. Capitec Bank Holdings: 12%
5. Investec Limited: 8%

FirstRand Limited is one of the leading financial institutions in South Africa and holds a significant market share of about 18%. The largest competitor is Standard Bank Group with a market share of 22%, followed by ABSA Group with 20%.

The moat of FirstRand Limited lies in its strong brand presence, wide product portfolio, and solid customer base. The company has also invested in digital technologies to enhance its services and strengthen customer loyalty.

Compared to its competitors, FirstRand has a comparable moat. Standard Bank Group and ABSA Group also have strong brands and extensive networks, giving them a competitive advantage. On the other hand, Capitec Bank Holdings has made a name for itself through a simple and cost-effective business model, which represents a different but effective moat.

Overall, the competition is intense, and while FirstRand Limited has a solid moat, some competitors also have strong competitive advantages through specific strategies and market positioning.

Revenue growth: 8.5% (2024) Profit growth: 7.2% (2024) Return on equity (ROE): 18.9% (2024)

FirstRand Limited achieved solid revenue growth of 8.5% in 2024, attributed to strong operational performance and effective cost control. The profit growth of 7.2% reflects the company's ability to increase its profitability despite a challenging economic environment.

The return on equity of 18.9% indicates efficient use of equity, which is attractive to investors seeking companies with high capital returns. FirstRand has also been consistently investing in digital transformation and innovation in recent years, strengthening its competitiveness in the banking sector.

Overall, FirstRand Limited demonstrates positive financial performance and solid fundamental data, indicating a potentially good investment opportunity. However, investors should also consider macroeconomic factors and the specific risks of the South African market before making an investment decision.

Dividend yield: 5.1% (2024) Dividend history: Continuous payout in the last 5 years

FirstRand Limited is known for its reliable dividend policy. In recent years, the company has consistently distributed dividends to its shareholders, indicating a solid financial foundation and stable earnings.

The dividend yield of 5.1% in 2024 shows that FirstRand offers its shareholders an attractive return. The continuous payout over the past years suggests that the company is committed to paying regular dividends to its shareholders in the future, provided that no extraordinary economic circumstances occur.