FNB grows to 8.1 million customers (boosting FirstRand profits to R26 billion)

FNB logo.

FirstRand profits grew by 8% to R26 billion in the year ending on 30 June.

The solid results came on the back of its retail bank FNB which now has more than 8.1 million customers.

FNB’s share of FirstRand’s revenues came in at 57%.

FirstRand has declared a dividend of 275 cents a share.

The Money Show’s Bruce Whitfield interviews FirstRand CEO Alan Pullinger.

Listen to the interview in the audio below (and scroll down for quotes from it).

That [Wesbank] is the blemish on otherwise great results… New vehicle sales are down… There were some own goals…

Alan Pullinger, FirstRand

We don’t want to simply produce what the economy offers… We want to produce for our shareholders more than what the system offers… We’ve outperformed the macroeconomic environment…

Alan Pullinger, FirstRand

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