Pretax income is the income that a company earns before paying income taxes. Firstrand's pretax income for the
six
months ended in Dec. 2025 was R32,615 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Dec. 2025 was R60,675 Mil.
Firstrand's pretax margin was 41.14%.
During the past 13 years, Firstrand's highest Pretax Margin was 40.86%. The lowest was 22.69%. And the median was 39.10%.
Firstrand (NAM:FST) Pre-Tax Income Explanation
Firstrand's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as
During the past 13 years, Firstrand's highest Pretax Margin was 40.86%. The lowest was 22.69%. And the median was 39.10%.
* 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 Pre-Tax Income Related Terms
Firstrand Pre-Tax Income Historical Data
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The historical data trend for Firstrand's Pre-Tax Income 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.
NAM:FST vs JPM, BAC, WFC: Pre-Tax Income Comparison
For the Banks - Diversified subindustry, Firstrand's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Firstrand Pre-Tax Income vs Banks Industry
For the Banks industry and Financial Services sector, Firstrand's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Firstrand's Pre-Tax Income falls into.
Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was R60,675 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 (NAM:FST) has a Pre-Tax Income of R60,675 Mil as of Dec. 2025. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Firstrand and its competitors.
Is Firstrand's Pre-Tax Income too high?
Firstrand's current Pre-Tax Income is R60,675 Mil. Overall, Firstrand has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Firstrand's Pre-Tax Income compare to JPM and BAC?
Firstrand's Pre-Tax Income of R60,675 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Banks company?
A good Pre-Tax Income depends on the Banks industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Firstrand and its competitors. Firstrand's current Pre-Tax Income is R60,675 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firstrand stock overvalued right now?
Based on GuruFocus' analysis, Firstrand (NAM:FST) is currently considered Modestly Overvalued. The stock's GF Value™ is R84.51, compared to a current price of R96.42 — trading 14.1% above its estimated fair value. The current Pre-Tax Income is R60,675 Mil. Firstrand's overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Firstrand (NAM:FST), the current Pre-Tax Income is R60,675 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Firstrand (NAM:FST) Overvalued in 2026?
Based on GuruFocus' analysis, Firstrand stock appears to be overvalued.
The current stock price of R96.42 is trading 14.1% above its estimated GF Value™ of R84.51.
GuruFocus considers Firstrand to be Modestly Overvalued.
Key valuation signals for NAM:FST:
Pre-Tax Income: R60,675 Mil
GF Value™: R84.51 vs. price of R96.42 (14.1% above fair value)
No single metric tells the full story. See the NAM:FST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 firm's reportable segment includes Retail and commercial segment, Corporate and institutional segment, Centre (including group treasury), Firstrand Bank Normalised, and Normalised adjustments.
85GF Score
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