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Absa Bank Kenya NASE:ABSA Stock Report

Last Price

KSh12.95

Market Cap

KSh70.3b

7D

5.7%

1Y

4.4%

Updated

03 Mar, 2024

Data

Company Financials

ABSA Stock Overview

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.

ABSA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
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 HighKSh13.10
52 Week LowKSh10.00
Beta0.48
1 Month Change9.28%
3 Month Change15.63%
1 Year Change4.44%
3 Year Change34.90%
5 Year Change11.64%
Change since IPO326.34%

Recent News & Updates

Recent updates

Shareholder Returns

ABSAKE BanksKE Market
7D5.7%1.0%0.6%
1Y4.4%-8.6%-26.7%

Return vs Industry: ABSA exceeded the KE Banks industry which returned -8.6% over the past year.

Return vs Market: ABSA exceeded the KE Market which returned -26.7% over the past year.

Price Volatility

Is ABSA's price volatile compared to industry and market?
ABSA volatility
ABSA Average Weekly Movement2.6%
Banks Industry Average Movement3.3%
Market Average Movement5.8%
10% most volatile stocks in KE Market8.1%
10% least volatile stocks in KE Market2.6%

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

Volatility Over Time: ABSA's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19162,070Abdi Mohamedhttps://www.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, and deposits; credit and debit cards; consumer, home buying and building, equity release, 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)KSh16.18b
Revenue (TTM)KSh44.48b

4.3x

P/E Ratio

1.1x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABSA income statement (TTM)
RevenueKSh44.48b
Cost of RevenueKSh0
Gross ProfitKSh44.48b
Other ExpensesKSh28.30b
EarningsKSh16.18b

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.98
Gross Margin100.00%
Net Profit Margin36.37%
Debt/Equity Ratio69.1%

How did ABSA perform over the long term?

See historical performance and comparison

Dividends

10.4%

Current Dividend Yield

45%

Payout Ratio
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