FirstRand Delivers Record Dividend Despite UK Provision Hit
FirstRand has posted a resilient full‑year performance for June 2026, delivering the highest dividend payout in its history despite a sizeable UK motor commission provision. Underlying operations remain strong: FNB and RMB posted double‑digit profit growth, continuing operations delivered 13% earnings growth, and ROE reached 24.9%. CEO Mary Vilakazi explains the UK provision impact, the strength of the core franchises, and the group’s revised ROE targets for 2027. www.kaya959.co.za · Kaya FM
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