Welcome to our dedicated page for Freedom Holding news (Ticker: FRHC), a resource for investors and traders seeking the latest updates and insights on Freedom Holding stock.
Freedom Holding Corp. operates as a multinational diversified financial services and technology holding company with brokerage, banking, insurance and other digital-service businesses. News about FRHC commonly covers financial results, brokerage account balances, insurance premium trends, bank ratings, and expansion of its financial and digital ecosystem across countries including Kazakhstan and the United States.
Company updates also address Freedom Bank, Freedom Broker, Freedom Life, Freedom insurance, the SuperApp, telecommunications, online payments, e-commerce, ticketing, travel and lifestyle services, and technology acquisitions such as ChessBase. Capital actions and governance communications appear when the company reports common stock matters or shareholder events.
Freedom Holding Corp. (NASDAQ: FRHC) announced that its subsidiary Freedom Yatırım Menkul Değerler A.Ş. has received an operating license from the Capital Markets Board of Türkiye (CMB), becoming the first broadly authorized foreign brokerage firm licensed in Türkiye since 1992. The license enables Freedom Yatırım to provide brokerage services in Türkiye’s capital markets and represents a key step in Freedom Holding’s strategy to expand its brokerage business and capital markets infrastructure in the country.
According to the company, Freedom Yatırım has integrated with Borsa İstanbul, giving more than 870,000 client accounts in the Group’s international network access to Turkish market opportunities. Freedom Holding recently completed the acquisition of a 99.32% stake in Turkish Bank A.Ş., now renamed Freedom Bank A.Ş.. Together, Freedom Bank and Freedom Yatırım are expected to form the core of an integrated digital financial ecosystem in Türkiye. Freedom Holding reports total assets of about US$14 billion as of June 30, 2026, with brokerage contributing roughly 39% of total net revenue.
Freedom Holding Corp (NASDAQ: FRHC) reported fiscal Q1 2027 total revenue, net, of $732.5 million, up 40% from $524.0 million a year earlier, driven by higher interest income, fee and commission income, and trading gains. Net income was $31.7 million, down from $37.4 million, with EPS of $0.52 versus $0.62 basic a year ago.
Total assets rose to $14.0 billion and FRHC shareholders’ equity to $1.54 billion. Total customers across all segments reached 8.74 million. Brokerage and Banking generated net income of $133.6 million and $3.7 million, while Insurance and Other posted net losses of $19.2 million and $86.5 million. S&P Global Ratings upgraded several key subsidiaries to BB-. The company acquired ChessBase GmbH, completed a Regulation S equity offering of 2,374,356 shares for $300,000, and, after quarter-end, acquired approximately 99.32% of Turkish Bank A.Ş. for $33.4 million.
Freedom Holding Corp. (NASDAQ: FRHC) reported first quarter fiscal 2027 net revenue of $732.5 million, up 40% from $524.0 million a year earlier, driven by strong growth in its brokerage, banking and other digital services businesses.
Brokerage revenue rose 60% to $282.6 million, banking revenue increased 54% to $225.2 million, and Other segment revenue doubled to $73.9 million. Net income was $31.7 million, or $0.52 per diluted share, compared with $37.4 million, or $0.61 per share, a year earlier, as total expenses grew 45% to $691.7 million.
Total assets reached $14.05 billion, shareholders’ equity was $1.54 billion, and cash and restricted cash totaled $2.82 billion. The company expanded its ecosystem via the acquisition of ChessBase GmbH and, after quarter-end, acquired approximately 99.32% of Turkish Bank A.Ş. S&P Global Ratings raised four Freedom group entities’ long-term issuer credit ratings from “B+” to “BB-,” with stable outlooks.
Freedom Holding Corp. (NASDAQ:FRHC) has completed the acquisition, via subsidiary Freedom Finansal Hizmetler A.Ş., of 99.32% of the share capital of Turkish Bank A.Ş., which will be renamed Freedom Bank A.Ş., subject to registration with the Turkish Trade Registry.
The closing followed approvals from Türkiye's Banking Regulation and Supervision Agency and the competition authority, marking Freedom’s formal entry into Türkiye’s banking sector. A new board of directors was elected, including founder and CEO Timur Turlov. According to Freedom Holding Corp., the bank will anchor a broader integrated financial and digital ecosystem in Türkiye, complementing its developing local brokerage Freedom Yatırım Menkul Değerler A.Ş. The Group plans to strengthen the bank’s capital, upgrade technology, expand digital channels, develop new products and improve efficiency, drawing on experience from its Kazakhstan ecosystem serving more than 14 million customers as of March 2026.
Freedom Holding Corp. (Nasdaq: FRHC) completed an ordinary share offering raising aggregate gross proceeds of US$300 million, selling 2,374,356 shares at about US$126.35 each. The company plans to use the capital to support international expansion and its unified digital financial ecosystem built around the Freedom SuperApp.
According to Freedom Holding Corp., as of March 31, 2026 it served over 14 million customers, including 5.2 million SuperApp users, brokerage clients up 26% to 858,000, and banking clients roughly doubling to 5.03 million. Fiscal 2026 revenue rose to US$2.19 billion from US$2.0 billion, and net income increased to US$153.3 million from US$76.2 million. Basic EPS was US$2.56, diluted EPS US$2.51, total assets reached US$13.16 billion, and equity US$1.49 billion. In June 2026, S&P Global Ratings upgraded several Freedom subsidiaries to ‘BB-’ with a stable outlook, while the parent issuer rating was affirmed at ‘B-’.
Freedom Holding Corp. (Nasdaq: FRHC) announced completion of an offering of 2,374,356 shares of its common stock conducted under Regulation S of the Securities Act of 1933, generating aggregate gross proceeds of nearly US$300 million.
According to Freedom Holding Corp., the securities in this offering are not registered under the Securities Act and may not be offered or sold in the United States or to U.S. persons (other than distributors) without registration or an applicable exemption. The company also notes that any hedging transactions involving these securities must comply with the Securities Act.
Freedom Holding Corp. (NASDAQ: FRHC) received approval from Türkiye’s BRSA and Competition Authority to acquire 99.32% of Turkish Bank A.Ş. The bank will join Freedom’s Turkish brokerage, investment and capital markets platform, supporting an integrated digital ecosystem strategy proven with the 5.67 million-user Freedom SuperApp in Kazakhstan.
The acquisition is expected to deepen Freedom’s regional presence, integrating banking, capital markets, insurance and cross-border solutions in Türkiye, with potential expansion into non-financial services. The company is also growing its banking footprint in Tajikistan, Georgia and France, where it plans to invest about €500 million in its digital ecosystem.
Freedom Holding Corp (Nasdaq: FRHC) appointed Valeriy Kim as Chief Financial Officer, succeeding Evgeny Ler, who has been CFO since 2015. Ler is expected to become special advisor to CEO Timur Turlov, focusing on financing and M&A activities.
Kim previously served as VP of Finance of Freedom Holding Corp, CEO of Freedom Holding Operations LLP and CFO of Freedom Finance Global PLC (2020–24). The company highlights continuity in its finance leadership as it expands in Kazakhstan, Europe and other regions.
Freedom Holding (Nasdaq: FRHC) founder and majority shareholder Timur Turlov, also President of the Kazakhstan Chess Federation, announced his candidacy for FIDE Deputy President on a joint ticket with the current FIDE President.
Freedom recently acquired ChessBase and plans about €5 million investment, agreed to acquire Turkish Bank A.S., and applied for a French banking license with planned €500 million investment.
Freedom Holding (Nasdaq: FRHC) reported S&P Global Ratings upgrades on key subsidiaries Freedom Finance JSC, Freedom Finance Europe, Freedom Finance Global and Freedom Bank Kazakhstan to “BB-” with stable outlooks, plus Kazakhstan national scale upgrades to “kzA-”.
Freedom’s FY 2026 annual report showed record revenue of $2.19 billion, net income doubling to $153.3 million, and its digital ecosystem client base exceeding 14 million across markets. S&P cited improved risk management, strong capitalization expectations, and a three‑year average operating profit-to-risk-weighted-assets ratio of about 2.2%.