Firstrand (Firstrand) Allowance For Loans And Lease Losses : $-2,858 Mil (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

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 $-2,858 Mil.

Firstrand's quarterly Allowance For Loans And Lease Losses increased from Dec. 2022 ($-2,790 Mil) to Jun. 2023 ($-2,725 Mil) but then declined from Jun. 2023 ($-2,725 Mil) to Dec. 2023 ($-2,858 Mil).

Firstrand's annual Allowance For Loans And Lease Losses increased from Jun. 2021 ($-3,638 Mil) to Jun. 2022 ($-3,018 Mil) and increased from Jun. 2022 ($-3,018 Mil) to Jun. 2023 ($-2,725 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.

* Premium members only.

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

-2,342.27

-2,881.96

-3,638.15

-3,018.39

-2,724.60

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															-3,159.09	-3,018.39	-2,790.28	-2,724.60	-2,858.08

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

Thank you for viewing the detailed overview of Firstrand's Allowance For Loans And Lease Losses provided by GuruFocus.com. Please click on the following links to see related term pages.

Firstrand (Firstrand) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Firstrand Ltd (OTCPK:FANDY) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

FSR:South Africa 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.

Firstrand (Firstrand) Headlines

From GuruFocus

Firstrand Ltd's Dividend Analysis

By GuruFocus Research • 10-11-2023