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Absa Bank Kenya NASE:ABSA Stock Report

Last Price

KSh12.95

Market Cap

KSh70.3b

7D

4.9%

1Y

24.5%

Updated

17 May, 2024

Data

Company Financials

ABSA Stock Overview

Provides various banking products and services to private customers, corporates, financial institutions, and government clients in Kenya.

ABSA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends3/6

Absa Bank Kenya PLC Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Absa Bank Kenya
Historical stock prices
Current Share PriceKSh12.95
52 Week HighKSh14.35
52 Week LowKSh10.35
Beta0.51
1 Month Change-1.89%
3 Month Change7.02%
1 Year Change24.52%
3 Year Change42.31%
5 Year Change25.12%
Change since IPO326.34%

Recent News & Updates

Recent updates

Shareholder Returns

ABSAKE BanksKE Market
7D4.9%2.5%2.6%
1Y24.5%10.9%11.5%

Return vs Industry: ABSA exceeded the KE Banks industry which returned 10.9% over the past year.

Return vs Market: ABSA exceeded the KE Market which returned 11.5% over the past year.

Price Volatility

Is ABSA's price volatile compared to industry and market?
ABSA volatility
ABSA Average Weekly Movement4.6%
Banks Industry Average Movement5.0%
Market Average Movement5.9%
10% most volatile stocks in KE Market10.1%
10% least volatile stocks in KE Market4.5%

Stable Share Price: ABSA has not had significant price volatility in the past 3 months.

Volatility Over Time: ABSA's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19162,130Abdi Mohamedwww.absabank.co.ke

Absa Bank Kenya PLC, together with its subsidiaries, provides various banking products and services to private customers, corporates, financial institutions, and government clients in Kenya. The company operates in two segments, Consumer Banking and Corporate Banking. It offers current accounts, savings, foreign currency, and commercial accounts, as well as term deposits; credit, debit, and prepaid cards; personal, home buying and construction, re-mortgage, equity release, car, and business loans; mortgages; and life and family, car, domestic package, medical, travel, payment card, business, asset, consequential loss, marine, employee benefit cover, and liability cover insurance products.

Absa Bank Kenya PLC Fundamentals Summary

How do Absa Bank Kenya's earnings and revenue compare to its market cap?
ABSA fundamental statistics
Market capKSh70.34b
Earnings (TTM)KSh16.37b
Revenue (TTM)KSh45.33b

4.3x

P/E Ratio

1.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABSA income statement (TTM)
RevenueKSh45.33b
Cost of RevenueKSh0
Gross ProfitKSh45.33b
Other ExpensesKSh28.96b
EarningsKSh16.37b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)3.01
Gross Margin100.00%
Net Profit Margin36.11%
Debt/Equity Ratio81.9%

How did ABSA perform over the long term?

See historical performance and comparison

Dividends

12.0%

Current Dividend Yield

51%

Payout Ratio
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