Firstrand Stock News

FirstRand Limited (OTCPK:FANDY) Q4 2025 Earnings Call September 11, 2025 5:00 AM EDT Company Participants Mary Vilakazi - CEO & Executive Director Markos Davias - CFO & Executive Director Sam Moss - H

DUBLIN--(BUSINESS WIRE)--The "Factoring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com''s offering. The global factoring market reached a value of US$ 3,467 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 4,877 Billion by 2027, exhibiting a CAGR of 6.1% during 2022-2027. Companies Mentioned Advanon AG (CreditGate24 (Schweiz) AG) Aldermore Bank PLC (FirstRand Group) Bluevine C

RMB Holdings (RMH) has rejected offers to buy its last remaining major assets in RMB Properties, the group said Friday. It said it would continued to try to monetise its last major investments in RMH Properties, but weak property fundamentals in South Africa might affect the timing, the company said in its interim results for the six months to September 30. RMH unbundled its investment in FirstRand in June 2020. Its subsidiary Rand Merchant Investment Holdings also recently announced the unbundling of interests in Discovery and Momentum Metropolitan, in line with a strategy to liberate investments at the appropriate stage, and to achieve the best value reflection. In October, RMH was approached to sell various property assets but its board said on Friday that these approaches had been rejected on the basis that both the discount to NAV (net asset value) and RMHs conservative assessment of future NAV, were not within an acceptable range. RMH said the offers were received from entities closely aligned with the Atterbury group, which the board believes would be the most likely potential acquirer of these businesses.

The Competition Tribunal has approved a merger deal that would see FirstRand acquire SLOW Lounges in South Africa from Kulula owner Comair.

The group expects headline earnings per share to rise by more than 30% in the six months to end-December, even though credit demand from corporates remains subdued

FirstRand Limited (OTCMKTS:FANDF) shares were down 3.7% during trading on Friday . The stock traded as low as $3.60 and last traded at $3.60. Approximately 120 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 4,213 shares. The stock had previously closed at $3.74. Separately, Investec downgraded FirstRand []

The French Development Agency (AFD) is approving a $100 million loan for FirstRand Bank, the subsidiary of the FirstRand Group. The commercial bank will use the funds to finance climate change mitigation and adaptation projects.