GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Firstrand Ltd (STU:FSRA) » Definitions » Price-to-Funds-From-Operations

Firstrand (STU:FSRA) Price-to-Funds-From-Operations : (As of Dec. 11, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Firstrand Price-to-Funds-From-Operations?

Price-to-Funds-From-Operations only applies to REITs.


Firstrand Business Description

Industry
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.