GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Firstrand Ltd (JSE:FSR) » Definitions » Net Interest Income (for Banks)

Firstrand (JSE:FSR) Net Interest Income (for Banks) : R69,488 Mil (As of Dec. 2023)


View and export this data going back to 1989. Start your Free Trial

What is Firstrand Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Firstrand's net interest income for the six months ended in Dec. 2023 was R35,186 Mil. Its net interest income for the trailing twelve months (TTM) ended in Dec. 2023 was R69,488 Mil.

Firstrand's quarterly net interest income increased from Dec. 2022 (R32,804 Mil) to Jun. 2023 (R34,302 Mil) and increased from Jun. 2023 (R34,302 Mil) to Dec. 2023 (R35,186 Mil).

Firstrand's annual net interest income increased from Jun. 2021 (R58,964 Mil) to Jun. 2022 (R60,420 Mil) and increased from Jun. 2022 (R60,420 Mil) to Jun. 2023 (R67,106 Mil).


Firstrand Net Interest Income (for Banks) Historical Data

The historical data trend for Firstrand's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Firstrand Net Interest Income (for Banks) Chart

Firstrand Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Interest Income (for Banks)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55,702.00 62,915.00 58,964.00 60,420.00 67,106.00

Firstrand Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Interest Income (for Banks) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30,043.00 30,377.00 32,804.00 34,302.00 35,186.00

Firstrand Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R69,488 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Firstrand (JSE:FSR) Business Description

Industry
Traded in Other Exchanges
Address
Corner Fredman Drive and Rivonia Road, 4 Merchant Place, C Low, Sandton, Johannesburg, GT, ZAF, 2196
Firstrand Ltd wholly owns FirstRand Bank, a full-service bank providing a comprehensive range of retail, commercial, corporate and investment banking services in South Africa and offers niche products. The bank has three divisions, which are separately branded: First National Bank (FNB), WesBank and Rand Merchant Bank (RMB). The bank's retail and commercial brand is the contributor of normalized earnings, followed by its corporate and investment brand. FirstRand's retail and commercial division emphasizes a diverse range of financial services with a strategic emphasis on cost controls and digital platforms. The bank's corporate and investment brand heavily relies on its origination franchise as part of its value proposition.

Firstrand (JSE:FSR) Headlines

No Headlines