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Firstrand (JSE:FSR) Allowance For Loans And Lease Losses : R-53,254 Mil (As of Dec. 2023)


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What is Firstrand Allowance For Loans And Lease Losses?

Firstrand's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was R-53,254 Mil.

Firstrand's quarterly Allowance For Loans And Lease Losses declined from Dec. 2022 (R-48,216 Mil) to Jun. 2023 (R-51,072 Mil) and declined from Jun. 2023 (R-51,072 Mil) to Dec. 2023 (R-53,254 Mil).

Firstrand's annual Allowance For Loans And Lease Losses increased from Jun. 2021 (R-50,618 Mil) to Jun. 2022 (R-47,734 Mil) but then declined from Jun. 2022 (R-47,734 Mil) to Jun. 2023 (R-51,072 Mil).

Firstrand Allowance For Loans And Lease Losses Historical Data

The historical data trend for Firstrand's Allowance For Loans And Lease Losses 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.

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Firstrand Allowance For Loans And Lease Losses Chart

Firstrand Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -34,162.00 -49,380.00 -50,618.00 -47,734.00 -51,072.00

Firstrand Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Allowance For Loans And Lease Losses 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 -50,203.00 -47,734.00 -48,216.00 -51,072.00 -53,254.00

Firstrand Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Firstrand Allowance For Loans And Lease Losses Related Terms

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Firstrand (JSE:FSR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Firstrand Ltd (JSE:FSR) » Definitions » Allowance For Loans And Lease Losses
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Traded in Other Exchanges
FANDY:USA FST:Namibia FSRA:Germany
Address
Corner Fredman Drive and Rivonia Road, 4 Merchant Place, C Low, Sandton, Johannesburg, GT, ZAF, 2196
Website
https://www.firstrand.co.za
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.

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