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Johannesburg - FirstRand [JSE:FSR], Africa's second-largest banking group by market value, sees earnings from first-half operations jumping by at least 20% when it reports results on March 4.
FirstRand said on Tuesday headline earnings per share for the six months to end-December likely rose by 20 to 22% from the 131.7 cents it posted a year earlier.
Smaller competitors Barclays Africa Group and Nedbank Group this month reported annual earnings increases of 14 and 15% respectively.
Unlike its main rivals, FirstRand's financial calendar ends in June, instead of December.
Its shares were up more than 1.6% at 09:13 GMT, but down 3.5% so far this year.
FirstRand said on Tuesday headline earnings per share for the six months to end-December likely rose by 20 to 22% from the 131.7 cents it posted a year earlier.
Smaller competitors Barclays Africa Group and Nedbank Group this month reported annual earnings increases of 14 and 15% respectively.
Unlike its main rivals, FirstRand's financial calendar ends in June, instead of December.
Its shares were up more than 1.6% at 09:13 GMT, but down 3.5% so far this year.
