Business
FSR: Earnings up 10% with ROE at 20.8%, cost-to-income at 48.9%, and robust credit quality
FSR: Earnings up 10% with ROE at 20.8%, cost-to-income at 48.9%, and robust credit quality
About this update from Firstrand Limited
Normalized earnings rose 10% year-over-year, with ROE at 20.8% and strong cost control driving a 48.9% cost-to-income ratio. Credit loss ratio remained low, and the group expects full-year earnings growth above its long-term target, despite UK legal uncertainties.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.