FirstRand

Johannesburg, South Africa Founded: 1998 • Age: 28 yrs Listed
Provider of financial management services

About FirstRand

FirstRand is a publicly listed company based in Johannesburg (South Africa) founded in 1998. Provider of financial management services. The company has 44,916 employees. FirstRand has completed 1 acquisition, including Aldermore Bank. Its website firstrand.co.za draws about 69 thousand monthly visits. FirstRand offers products and services including Transactional Services and Investment Products. Its focus areas include Financial Services, Finance & Accounting Services and Diversified. Its legal entity is FirstRand Limited.

Company details

FirstRand was established in 1998 in Johannesburg, South Africa, as a financial services provider. Transactional, lending, investment, and insurance offerings are extended to retail, commercial, corporate, and public sector clients. Full-service banking operations are conducted in eight African countries, including Namibia, Botswana, Swaziland, Lesotho, Mozambique, Zambia, Tanzania, and Ghana. In 2022, annual revenues of 10.84 billion and net profit of 2.19 billion were achieved.

  • Headquarters Johannesburg, South Africa
  • Employees 44,916
  • Stage Public
  • Sectors
    Business Services
  • Email
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  • Phone
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  • Website firstrand.co.za
  • Social LinkedIn X Facebook
  • Legal Name Firstrand Limited
Key Metrics
  • Annual Revenue
    $14.3 B (USD)
    as on Jun 30, 2026
  • Net Profit
    $2.29 B (USD)
    -13.95
    as on Jun 30, 2026
  • Latest Funding Round
    $48.35M (USD), Post-IPO

    Jul 2024

  • Investors
    FMO

    & 1 more

  • Employee Count
    44,916
  • Investments & Acquisitions

Products & Services of FirstRand

FirstRand offers a comprehensive portfolio of products and services, including Transactional Services and Investment Products.

Transactional Services
Financial Services

Transactional products are offered for banking needs, including lending and investment options

Investment Products
Investment Services

Investment and insurance products are provided as part of a universal set of financial services

Funding Insights of FirstRand

  • Total Rounds 2
  • Last Round Post-IPO β€” $48.35M
  • First Round $100M

    (Dec 2016)

  • Investors Count 2

All 2 funding rounds of FirstRand with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2024$48.35MPost-IPO––
Dec 2016$100MDebt – Conventional––
Valuation history

2 investors in total: 2 institutional.

Investors in FirstRand

FirstRand has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include FMO and British International Investment.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Development financing is provided for entrepreneurial ventures in emerging markets.
1970fmo.nlThe Hague, Netherlands
Government agency focused on small and medium-sized businesses
1948bii.co.ukLondon, United Kingdom
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Investor details for FirstRand

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People of FirstRand

1 people are tracked at FirstRand (1 in leadership); the tracked headcount is 44,916.

NameRoleGroup
Conrad Dempsey
Chief Executive Officer - NamibiaLeadership
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IPO & Listings of FirstRand

FirstRand is a publicly listed company on the JSE with ticker symbol FSR in South Africa, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date07 Jan 2000
  • Listed onJSE: FSR
  • Listed entityFirstRand Limited
  • Exchange sectorFinance
  • ISINZAE000066304
  • Share price8,783.00 ZAC (-0.19% on the day) · 2026-10-14
  • Market capitalisation493,512,550,781.00 ZAC
  • Price to earnings13.7
  • EPS (diluted, trailing year)6.40 ZAC
  • Dividend yield5.8%
  • Volume (last session)397,705

Financials of FirstRand

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2026234.13B ZAR37.47B ZAR
2025230.57B ZAR43.54B ZAR
2024251.58B ZAR39.71B ZAR
2023209.33B ZAR37.45B ZAR
2022161.30B ZAR33.60B ZAR
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Detailed financial statements for FirstRand

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Investments & Acquisitions by FirstRand

FirstRand has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Aldermore Bank.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
SME-focused banking services are offered to consumers and businesses.
aldermore.co.ukWilmslow, United Kingdom2009Oct 2017$1.3B
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  • Exports

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Timeline of FirstRand

5 dated milestones of FirstRand across 26 years, from founding to its latest funding, stage changes and deals.

  1. Founded FirstRand is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $100.0M.
  4. Acquisition Acquires Aldermore Bank.
  5. Funding Latest funding round, Post-IPO, of $48.4M.

Web traffic of FirstRand

The website of FirstRand (firstrand.co.za) receives about 68.8K visits a month.

  • Monthly visits
    68.8K

    ▲ 36.1% vs previous month

Similar websites

Websites whose visitors overlap most with FirstRand. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
platinumlife.co.za
platinumlife.co.za
100%
#768,905–
fnbbotswana.co.bw
fnbbotswana.co.bw
99%
#898,129–
directaxis.co.za
directaxis.co.za
92%
#91,755–
alexanderforbes.co.za
90%
#413,610View details
rmbprivatebank.com
88%
#306,922View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 22 similar websites and full traffic analytics for FirstRand

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Related news about Firstrand

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Frequently Asked Questions about FirstRand

FirstRand was founded in 1998 and raised its 1st funding round 18 years after it was founded.

FirstRand is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.

FirstRand has 44,916 employees.

Annual revenue of FirstRand is $14.3B as on Jun 30, 2026.

FirstRand was established in 1998 in Johannesburg, South Africa, as a financial services provider. Transactional, lending, investment, and insurance offerings are extended to retail, commercial, corporate, and public sector clients. Full-service banking operations are conducted in eight African countries, including Namibia, Botswana, Swaziland, Lesotho, Mozambique, Zambia, Tanzania, and Ghana. In 2022, annual revenues of 10.84 billion and net profit of 2.19 billion were achieved.

FirstRand offers Transactional Services and Investment Products.

Yes, FirstRand is publicly traded on JSE under the ticker symbol FSR.

FirstRand has made 1 acquisition, including Aldermore Bank.

FirstRand has 2 investors. Key investors include FMO, and British International Investment.

FirstRand operates through Firstrand Limited.

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