FirstRand annual profits rise by 12%

FirstRand recorded a 12% rise in annual profit, helped by income and deposit fees.

Headline earnings per share came in at 473 cents to the end of June, above the 465c forecast in a poll by Thomson Reuters I/B/E/S (Institutional Brokers’ Estimate System).

The company lifted its customer base by 4% to 8.15 million. – Reuters