FirstRand’s FY25 HEPS rose 10% to 748.8c, slightly ahead of expectations. Revenue grew 5% to R135.7bn, supported by net interest income (+6%) & non-interest revenue (+6%). Trading income fell -14%. Fee & investment income, & strong digital growth, were offset by credit impairments (+12%) & UK motor commission costs. Cost-to-income ratio improved to 50.8% from 51.5%. Dividend +12% to 466c.
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