Firstrand LimitedJSE: FSR

FSR: 10% earnings growth and 20.2% ROE achieved despite major U.K. provision and macro headwinds

· Issued by Firstrand Limited

Normalized earnings grew 10% with ROE at 20.2%, despite a £240m U.K. provision. Strong domestic and Africa franchise performance, improved cost-to-income ratio, and robust capital position underpin positive outlook, though macro and regulatory risks persist.

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