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Freedom Holding FRHC Bank — Agency fee income

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ASURAgency fee (as a percent)
0.3%

Other financials

Income statement

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Revenue$503.1M+68.6%
Gross profit$477.9M+67.1%
Net income$8.0M
EPS (diluted)$0.13

Balance sheet

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Cash & equivalents$966.1M-41.3%
Total debt$48.8M+20.5%
Total equity$1.5B+21.6%
Total assets$13.2B+32.7%

Cash flow

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Operating cash flow$717.8M
CapEx$23.0M-15.8%
Free cash flow-$1.6B-220%

Valuation

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Market cap$9.52B-18.2%
Enterprise value$8.6B-14.1%
P/E62.1×
P/S4.3×-1.2×

Profitability

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Gross margin96.4%-2.1pp
Operating margin-28%
Net margin7%
FCF margin-0.6%

Returns & leverage

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Return on equity11.3%
Debt / equity0.0×
Current ratio

Where this comes from

Reported directly by Freedom Holding in its filing.

Tagged under the XBRL concept frhc:AgencyFeeIncome.

The source filing: Freedom Holding’s 10-K, filed June 1, 2026.

Filed
Jun 1, 2026, 4:21 PM EDT
Fiscal year
FY2026
Accession
0000924805-26-000012
Line itemBrokerageBankingInsuranceOtherTotal
Brokerage services$504,283$504,283
Commission income from payment processing22,75522,755
Agency fee income721,41221,419
Underwriting and market-making services9,4739,473
Bank services(74,335)(74,335)
Other fee and commission income5491,6323,9896,170
Total fee and commission income$514,305$(72,696)$48,156$489,765
Agency fee expense19211122,981123,211

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Freedom Holding's bank — agency fee income?
Freedom Holding (FRHC) reported bank — agency fee income of $7K in Q1 2026.
What does bank — agency fee income mean?
Income earned by the banking segment for acting as an agent on behalf of third parties, such as insurance providers or other financial institutions. This is typically a fee-based revenue stream that does not require the bank to hold the underlying risk.

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