Finbond Group Limited. JSE: FGL

Finbond shares

Background of Finbond

  • Finbond Group Limited is a financial services institution based in South Africa, specialising in design and delivery of solution based and unique value savings, insurance and credit products.

  • The group commenced trading in 2003 and Finbond shares were listed on the Johannesburg Stock Exchange (JSE) in 2007, operations expanded to America and Canada in 2016. Finbond is split into two divisions: Micro Credit Products and Investment and Savings Products.

  • Micro Credit Products is responsible for sale of credit solutions to the under-banked and underserved market. The division operates through 370 South African branches, 250 Finbond Mutual Bank branches and 118 Supreme Finance branches. The North American Micro Credit Division has 91 branches in Louisiana, California, Indiana and Toronto. Finbond’s Investment and Savings products are offered to investors and pensioners seeking guaranteed higher fixed income in the current environment of depressed yields, offering superior solutions with better interest rates, products and service.

  • Finbond’s market cap is R2.44 billion, and the live online stocks chart shows a healthily growing Finbond share price, with a forecast for more growth as the company expands.

Finbond Shares Growth Driver

  • Finbond focuses on providing solutions that are tailored around depositor and borrower requirements rather than institutionalised policies and practices. Growth is further driven by an experienced management team with a successful history in the financial services sector. Well-developed systems, unique branded product offerings, advanced technology and well-trained staff further provide Finbond with a sound platform.

  • Finbond’s financial results for the year ended 29 February 2016 were highly impressive, particularly when considering the challenging conditions in the financial services environment. Income increased by 24.6%, operating profit was up by 29.3% and headline earnings per share increased by 23.3%. This was attributed largely to conservative lending practices, strict credit scoring procedures, effective collections, an increased distribution footprint and intense focus on client service. Number of loans advanced grew 23% to 583 265, with their value increasing by 15.4% to R883.9 million.

  • In South Africa, Finbond has been rapidly expanding its branch network, but the biggest move made by the company recently was the purchase of 91 Pay Lending Stores in America and Canada, which are already yielding healthy profits. The
    forecast is that approximately 70% – 80% of net earnings will be provided in US dollars by around 2020.

Finbond Group Investor Tip

  • It is expected that Finbond’s performance will be greatly bolstered by the entry into North America. The move provides an effective rand hedge and a unique opportunity to buy into a large, first world pay day lending market.

  • Meanwhile, the company’s ability to remain profitable in South Africa has further boosted the confidence of investors looking to buy Finbond shares. Finbond share price is performing well above the industry average and has good potential for upside growth, making them an increasingly attractive buy for investors in the financial services sector.

Finbond Major Shareholders

Kings Reign Investments, Net 1 Finance Holdings, Protea Asset Management, Investec Bank, Snowball Wealth.

  • Sector


  • Industry

    Specialty Finance

  • Sub industry

    Consumer Finance

How to buy Finbond Group Shares

  • Finbond : How to buy Finbond Group Shares Online

    We have made it simple to buy JSE listed firm shares online. The easiest way to buy Finbond Group shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in Finbond Group and assist you with the setup and management of your stock portfolio account.

  • Here are the steps you must follow to Buy / Purchase Finbond Group shares with utmost confidence:

    1. Start by Filling in the BUY THIS SHARE form.
    2. Insert your name, email, telephone number and monthly remuneration.
    3. Then, Indicate the amount you are looking to invest in Finbond Group.
    4. Click the “ INVEST NOW” button
    5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
    6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)
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