Annuncio • Mar 13
Absa Bank Botswana Limited to Report Fiscal Year 2025 Results on Mar 26, 2026 Absa Bank Botswana Limited announced that they will report fiscal year 2025 results on Mar 26, 2026 Annuncio • Jun 28
Absa Bank Botswana Limited Declares Interim and final Dividend for the Year Ended 31 December 2024 Absa Bank Botswana Limited declared interim dividend of 23.47 thebe per share and final dividend of 53.14 thebe per share, for the year ended 31 December 2024. Annuncio • Mar 19
Absa Group Limited and Absa Bank Botswana Limited Appoints Kenny Fihla as Executive Director, Effective 17 June 2025 Absa Bank Botswana Limited announced that following an extensive selection process, Mr. Kenny Fihla has been appointed as Executive Director of Absa Group and Absa Bank, effective 17 June 2025. Kenny has almost 20 years of experience in leadership roles in banking. He joined Standard Bank Group in 2006 and has held numerous senior roles including Chief Executive Officer of Corporate and Investment Banking, Deputy Chief Executive Officer of Standard Bank Group and Chief Executive Officer Standard Bank South Africa. As Deputy Chief Executive, he was the accountable executive for Standard Bank's subsidiaries outside of South Africa. Kenny holds an MSc in Financial Economics (University of London) and an MBA (University of the Witwatersrand). Shareholders are also informed that Charles Russon remains the Interim Chief Executive Officer of Absa Group and Absa Bank until 16 June 2025. Charles will partner closely with Kenny to ensure a smooth leadership transition, whereafter he will take a key senior role within the Group Executive Committee. Annuncio • Mar 14
Absa Bank Botswana Limited to Report Fiscal Year 2024 Results on Mar 27, 2025 Absa Bank Botswana Limited announced that they will report fiscal year 2024 results on Mar 27, 2025 Declared Dividend • Sep 22
First half dividend increased to P0.23 Dividend of P0.23 is 63% higher than last year. Ex-date: 3rd October 2024 Payment date: 17th October 2024 Dividend yield will be 10%, which is higher than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 9.5% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Aug 24
Absa Bank Botswana Limited to Report First Half, 2024 Results on Sep 17, 2024 Absa Bank Botswana Limited announced that they will report first half, 2024 results on Sep 17, 2024 Reported Earnings • Jun 17
Full year 2023 earnings released: EPS: P0.73 (vs P0.77 in FY 2022) Full year 2023 results: EPS: P0.73 (down from P0.77 in FY 2022). Revenue: P2.03b (up 10.0% from FY 2022). Net income: P624.6m (down 5.2% from FY 2022). Profit margin: 31% (down from 36% in FY 2022). The decrease in margin was driven by higher expenses. Cost-to-income ratio: 57.1% (up from 49.6% in FY 2022). Non-performing loans: 3.60% (down from 3.94% in FY 2022). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Annuncio • Jun 08
Absa Bank Botswana Limited, Annual General Meeting, Jun 27, 2024 Absa Bank Botswana Limited, Annual General Meeting, Jun 27, 2024. Location: protea hotel gaborone masa square, plot 54353, new cbd, cnr 1st & western commercial avenue., gaborone Botswana Annuncio • May 16
Absa Bank Botswana Limited Announces Finance Director Changes Absa Bank Botswana Limited's Finance Director, Ms. Cynthia Morapedi, has resigned from the Company with effect from 14 May 2024. The Company has appointed Mr. Leroy Klein as the Acting Finance Director with effect from 14 May 2024. Upcoming Dividend • Apr 30
Upcoming dividend of P0.44 per share Eligible shareholders must have bought the stock before 07 May 2024. Payment date: 21 May 2024. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 8.9%. Within top quartile of Batswana dividend payers (8.4%). Higher than average of industry peers (5.8%). Reported Earnings • Mar 29
Full year 2023 earnings released: EPS: P0.73 (vs P0.79 in FY 2022) Full year 2023 results: EPS: P0.73 (down from P0.79 in FY 2022). Revenue: P2.04b (up 11% from FY 2022). Net income: P624.6m (down 7.1% from FY 2022). Profit margin: 31% (down from 36% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Annuncio • Oct 25
Absa Bank Botswana Limited Announces Resignation of Daniel Neo Moroka as Independent Non-Executive Director and Board Chairman, Effective from October 31, 2023 Absa Bank Botswana Limited announced that the Company's Board Chairman, Mr. Daniel Neo Moroka, has resigned from the Company's Board to pursue other interests. Mr. Moroka will be stepping down as the Company's Independent Non-Executive Director and Board Chairman with effect from 31 October 2023, while the Board's current Lead Independent Non-Executive Director, Mr. Cosmas Moapare, will step in as the Interim BoardChairman with effect from 1 November 2023. Upcoming Dividend • Sep 27
Upcoming dividend of P0.14 per share at 8.8% yield Eligible shareholders must have bought the stock before 04 October 2023. Payment date: 18 October 2023. Payout ratio is a comfortable 64% but the company is not cash flow positive. Trailing yield: 8.8%. Within top quartile of Batswana dividend payers (8.7%). Higher than average of industry peers (5.7%). Reported Earnings • Sep 16
First half 2023 earnings released: EPS: P0.41 (vs P0.35 in 1H 2022) First half 2023 results: EPS: P0.41 (up from P0.35 in 1H 2022). Revenue: P981.6m (up 13% from 1H 2022). Net income: P350.2m (up 16% from 1H 2022). Profit margin: 36% (in line with 1H 2022). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Annuncio • Aug 31
Absa Bank Botswana Limited to Report First Half, 2023 Results on Sep 14, 2023 Absa Bank Botswana Limited announced that they will report first half, 2023 results on Sep 14, 2023 Reported Earnings • Jun 12
Full year 2022 earnings released: EPS: P0.79 (vs P0.59 in FY 2021) Full year 2022 results: EPS: P0.79 (up from P0.59 in FY 2021). Revenue: P1.85b (up 18% from FY 2021). Net income: P672.1m (up 34% from FY 2021). Profit margin: 36% (up from 32% in FY 2021). The increase in margin was driven by higher revenue. Non-performing loans: 3.95% (down from 4.25% in FY 2021). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Annuncio • Jun 02
Absa Bank Botswana Limited, Annual General Meeting, Jun 29, 2023 Absa Bank Botswana Limited, Annual General Meeting, Jun 29, 2023. Upcoming Dividend • May 01
Upcoming dividend of P0.40 per share at 9.1% yield Eligible shareholders must have bought the stock before 08 May 2023. Payment date: 22 May 2023. Payout ratio is a comfortable 66% but the company is not cash flow positive. Trailing yield: 9.1%. Lower than top quartile of Batswana dividend payers (9.5%). Higher than average of industry peers (6.3%). Reported Earnings • Apr 02
Full year 2022 earnings released: EPS: P0.79 (vs P0.59 in FY 2021) Full year 2022 results: EPS: P0.79 (up from P0.59 in FY 2021). Revenue: P1.85b (up 18% from FY 2021). Net income: P672.1m (up 34% from FY 2021). Profit margin: 36% (up from 32% in FY 2021). The increase in margin was driven by higher revenue. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Sethunya Makepe-Garebatho was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Sep 21
Upcoming dividend of P0.12 per share Eligible shareholders must have bought the stock before 28 September 2022. Payment date: 12 October 2022. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 8.1%. Lower than top quartile of Batswana dividend payers (9.5%). Higher than average of industry peers (6.0%). Reported Earnings • Sep 17
First half 2022 earnings released: EPS: P0.35 (vs P0.25 in 1H 2021) First half 2022 results: EPS: P0.35 (up from P0.25 in 1H 2021). Revenue: P868.2m (up 16% from 1H 2021). Net income: P302.6m (up 42% from 1H 2021). Profit margin: 35% (up from 28% in 1H 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Annuncio • Sep 16
Absa Bank Botswana Limited Board Approves an Interim Dividend, Payable on 12 October 2022 On 1 September 2022, the Absa Bank Botswana Limited Board approved an interim dividend of BWP 12.09 per share, amounting to a total dividend of BWP 103 million. Subject to regulatory approval, the dividend will be payable on 12th October 2022 to those shareholders registered at the close of business on 3 October 2022, with an ex-dividend date of 28 September 2022. In accordance with the Republic of Botswana Income Tax (Cap 52:01), as amended, applicable withholding tax will be deducted from the gross dividend by the Bank. Reported Earnings • Jun 10
Full year 2021 earnings released Full year 2021 results: Revenue: P1.57b (up 20% from FY 2020). Net income: P502.6m (up 69% from FY 2020). Profit margin: 32% (up from 23% in FY 2020). The increase in margin was driven by higher revenue. Cost-to-income ratio: 55.0% (down from 60.0% in FY 2020). Non-performing loans: 4.25% (down from 7.02% in FY 2020). Annuncio • Jun 04
Absa Bank Botswana Limited, Annual General Meeting, Jun 28, 2022 Absa Bank Botswana Limited, Annual General Meeting, Jun 28, 2022, at 07:00 Coordinated Universal Time. Agenda: To receive and adopt the annual financial statements for the year ended 31 December 2021 together with the Directors' and Independent Auditor's reports thereon; to appoint Sethunya Dorothy Makepe-Garebatho, Thabo Kagiso Matthews and Saviour Mwepu Chibiya as Directors in accordance with the Constitution; to re- elect as Directors, Cosmas Moapare, Sari Helena Nikka and Benjamin Monaheng Kodisang who retire by rotation in accordance with the Constitution, and who being eligible, offer themselves for re- election; to approve the remuneration of the Directors for the ensuing year; to approve the remuneration of the Auditors, Ernst and Young Botswana, for the year ended 31 December 2021;to approve the appointment of Auditors Ernst and Young Botswana for the ensuing year; and to approve, by special resolution, any substantial gifts made by the company, details of which are available at the company's registered office for perusal. Board Change • Jun 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Director Saviour Chibiya was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • May 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Non Executive Director Kgotlayarona Ramaphane is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Upcoming Dividend • Apr 29
Upcoming dividend of P0.28 per share Eligible shareholders must have bought the stock before 06 May 2022. Payment date: 20 May 2022. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 7.9%. Lower than top quartile of Batswana dividend payers (9.0%). Higher than average of industry peers (5.3%). Annuncio • Apr 13
Absa Bank Botswana Appoints Saviour Mwepu Chibiya as a Non-Executive Director The Board of Directors ("the Board") of Absa Bank Botswana Limited announced the appointment of Mr. Saviour Mwepu Chibiya as a Non-Executive Director of the Bank with effect from 4 April 2022. The appointment is subject to conclusion of the voting of shareholders at the Bank's Annual General Meeting in June 2022. Mr. Chibiya is a seasoned banking executive with over 29 years regional and international experience from financial institutions such as Citigroup, Barclays Bank and Absa Group Limited ("the Group"). This comprises leadership roles such as Chief Executive Officer, Managing Director ("MD") and Regional Head for varied segments, including corporate andinvestment banking ("CIB"), and retail and business banking ("RBB"). Mr. Chibiya joined the Group in 2010 as MD of Barclays Bank Zambia Plc. In 2017, he joined the Absa Regional Operations ("ARO") leadership team as Regional MD, assuming increasingly pan-African regional responsibilities. Reporting to the Group Chief Executive, Mr. Chibiya is currently the Group Executive for ARO, and joins the Board as the Group's nominee. In his current role, he is responsible, together with RBB and CIB, for the Group's ARO businesses and for the Group's strategy, collaboration and relationships with its key stakeholders across these businesses. Mr. Chibiya is a member of the Group Executive Committee and provides input in terms of the overall Group's strategy and, in particular, the strategic choices for the Group's growth in the ARO banks. Reported Earnings • Apr 01
Full year 2021 earnings released: EPS: P0.59 (vs P0.35 in FY 2020) Full year 2021 results: EPS: P0.59 (up from P0.35 in FY 2020). Revenue: P1.57b (up 20% from FY 2020). Net income: P502.6m (up 69% from FY 2020). Profit margin: 32% (up from 23% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 3% per year. Upcoming Dividend • Oct 04
Upcoming dividend of P0.097 per share Eligible shareholders must have bought the stock before 11 October 2021. Payment date: 20 October 2021. Trailing yield: 4.3%. Lower than top quartile of Batswana dividend payers (8.7%). In line with average of industry peers (4.2%). Reported Earnings • Sep 19
First half 2021 earnings released: EPS P0.25 (vs P0.11 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: P749.8m (up 20% from 1H 2020). Net income: P212.9m (up 135% from 1H 2020). Profit margin: 28% (up from 14% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Executive Departure • Jul 02
Independent Interim Chairman of Board Alfred Dube has left the company On the 28th of June, Alfred Dube's tenure as Independent Interim Chairman of Board ended after 11.8 years in the role. We don't have any record of a personal shareholding under Alfred's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 2.25 years. Upcoming Dividend • Apr 29
Upcoming dividend of P0.18 per share Eligible shareholders must have bought the stock before 06 May 2021. Payment date: 20 May 2021. Trailing yield: 4.0%. Lower than top quartile of Batswana dividend payers (8.4%). In line with average of industry peers (3.7%). Annuncio • Mar 21
Absa Bank Botswana Limited Provides Earnings Guidance for the Year Ended December 31, 2020 Absa Bank Botswana Limited provided earnings guidance for the year ended December 31, 2020 The Board of Directors of the company announced that the company's consolidated year end results for the year ended 31 December 2020 will be substantially lower than the results reported for the year ended 31 December 2019. Is New 90 Day High Low • Mar 03
New 90-day low: P4.70 The company is down 13% from its price of P5.39 on 03 December 2020. The Batswana market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 4.0% over the same period. Is New 90 Day High Low • Jan 30
New 90-day low: P5.30 The company is down 2.0% from its price of P5.40 on 30 October 2020. The Batswana market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 14% over the same period. Is New 90 Day High Low • Jan 06
New 90-day low: P5.37 The company is down 1.0% from its price of P5.43 on 09 October 2020. The Batswana market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 12% over the same period. Is New 90 Day High Low • Dec 05
New 90-day low: P5.38 The company is down 1.0% from its price of P5.45 on 04 September 2020. The Batswana market is down 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Banks industry, which is up 16% over the same period. Is New 90 Day High Low • Nov 18
New 90-day low: P5.39 The company is down 1.0% from its price of P5.45 on 20 August 2020. The Batswana market is down 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Banks industry, which is up 15% over the same period. Is New 90 Day High Low • Oct 27
New 90-day low: P5.41 The company is down 1.0% from its price of P5.45 on 29 July 2020. The Batswana market is down 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Banks industry, which is up 6.0% over the same period.