Business
FSR: Resilient earnings growth and strong capital support dividend hike despite U.K. provision impact
FSR: Resilient earnings growth and strong capital support dividend hike despite U.K. provision impact
About this update from Firstrand Limited
Headline earnings rose 4% to ZAR 38 billion, with normalized earnings up 10% year-over-year excluding a ZAR 3 billion U.K. provision. Strong deposit growth, resilient NIR, and robust capital position supported an 8% dividend increase, while credit losses and retail strain remain key watchpoints.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.