Absa Bank Botswana Past Earnings Performance
Past criteria checks 3/6
Absa Bank Botswana has been growing earnings at an average annual rate of 10.1%, while the Banks industry saw earnings growing at 16.1% annually. Revenues have been growing at an average rate of 6.7% per year. Absa Bank Botswana's return on equity is 20.6%, and it has net margins of 30.6%.
Key information
10.1%
Earnings growth rate
10.1%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | 6.7% |
| Return on equity | 20.6% |
| Net Margin | 30.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Absa Bank Botswana makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 2,039 | 625 | 1,208 | 0 |
| 30 Sep 23 | 1,999 | 672 | 1,118 | 0 |
| 30 Jun 23 | 1,959 | 720 | 1,028 | 0 |
| 31 Mar 23 | 1,902 | 696 | 998 | 0 |
| 31 Dec 22 | 1,845 | 672 | 968 | 0 |
| 30 Sep 22 | 1,767 | 632 | 946 | 0 |
| 30 Jun 22 | 1,688 | 592 | 924 | 0 |
| 31 Mar 22 | 1,629 | 547 | 917 | 0 |
| 31 Dec 21 | 1,570 | 503 | 910 | 0 |
| 30 Sep 21 | 1,503 | 461 | 939 | 0 |
| 30 Jun 21 | 1,437 | 419 | 967 | 0 |
| 31 Mar 21 | 1,375 | 358 | 958 | 0 |
| 31 Dec 20 | 1,312 | 297 | 948 | 0 |
| 30 Sep 20 | 1,359 | 305 | 898 | 0 |
| 30 Jun 20 | 1,405 | 313 | 847 | 0 |
| 31 Mar 20 | 1,502 | 417 | 842 | 0 |
| 31 Dec 19 | 1,598 | 521 | 837 | 0 |
| 30 Sep 19 | 1,598 | 536 | 834 | 0 |
| 30 Jun 19 | 1,597 | 552 | 831 | 0 |
| 31 Mar 19 | 1,517 | 503 | 815 | 0 |
| 31 Dec 18 | 1,437 | 455 | 799 | 0 |
| 30 Sep 18 | 1,394 | 448 | 791 | 0 |
| 30 Jun 18 | 1,352 | 441 | 783 | 0 |
| 31 Mar 18 | 1,334 | 437 | 771 | 0 |
| 31 Dec 17 | 1,317 | 432 | 759 | 0 |
| 30 Sep 17 | 1,261 | 403 | 746 | 0 |
| 30 Jun 17 | 1,205 | 374 | 732 | 0 |
| 31 Mar 17 | 1,216 | 381 | 732 | 0 |
| 31 Dec 16 | 1,227 | 389 | 732 | 0 |
| 30 Sep 16 | 1,222 | 385 | 732 | 0 |
| 30 Jun 16 | 1,217 | 381 | 732 | 0 |
| 31 Mar 16 | 1,130 | 321 | 721 | 0 |
| 31 Dec 15 | 1,042 | 261 | 710 | 0 |
| 30 Sep 15 | 1,065 | 280 | 704 | 0 |
| 30 Jun 15 | 1,089 | 299 | 699 | 0 |
| 31 Mar 15 | 1,108 | 317 | 693 | 0 |
| 31 Dec 14 | 1,127 | 336 | 687 | 0 |
| 30 Sep 14 | 1,071 | 280 | 685 | 0 |
| 30 Jun 14 | 1,016 | 224 | 683 | 0 |
| 31 Mar 14 | 1,044 | 257 | 668 | 0 |
| 31 Dec 13 | 1,073 | 290 | 652 | 0 |
| 30 Sep 13 | 1,110 | 347 | 624 | 0 |
| 30 Jun 13 | 1,147 | 405 | 596 | 0 |
Quality Earnings: ABSA has high quality earnings.
Growing Profit Margin: ABSA's current net profit margins (30.6%) are lower than last year (36.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ABSA's earnings have grown by 10.1% per year over the past 5 years.
Accelerating Growth: ABSA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ABSA had negative earnings growth (-7.1%) over the past year, making it difficult to compare to the Banks industry average (25.7%).
Return on Equity
High ROE: ABSA's Return on Equity (20.6%) is considered high.