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Absa Bank Kenya NASE:ABSA Stock Report

Last Price

KSh16.85

Market Cap

KSh91.5b

7D

9.4%

1Y

50.4%

Updated

21 Dec, 2024

Data

Company Financials

Absa Bank Kenya PLC

NASE:ABSA Stock Report

Market Cap: KSh91.5b

ABSA Stock Overview

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

ABSA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends3/6

Rewards

Price-To-Earnings ratio (4.9x) is below the KE market (5.3x)

Earnings have grown 26.6% per year over the past 5 years

Risk Analysis

Unstable dividend track record


My Notes

Capture your thoughts, links and company narrative

Absa Bank Kenya PLC Competitors

NCBA Group

NASE:NCBA

KSh77.3b

Co-operative Bank of Kenya

NASE:COOP

KSh91.2b

Standard Chartered Bank Kenya

NASE:SCBK

KSh103.1b

KCB Group

NASE:KCB

KSh127.4b

Price History & Performance

Summary of share price highs, lows and changes for Absa Bank Kenya
Historical stock prices
Current Share PriceKSh16.85
52 Week HighKSh17.00
52 Week LowKSh11.00
Beta0.37
1 Month Change9.42%
3 Month Change17.83%
1 Year Change50.45%
3 Year Change45.89%
5 Year Change26.69%
Change since IPO454.73%

Recent News & Updates

Recent updates

Shareholder Returns

ABSAKE BanksKE Market
7D9.4%2.2%2.3%
1Y50.4%44.2%35.4%

Return vs Industry: ABSA exceeded the KE Banks industry which returned 44.2% over the past year.

Return vs Market: ABSA exceeded the KE Market which returned 35.4% over the past year.

Price Volatility

Is ABSA's price volatile compared to industry and market?
ABSA volatility
ABSA Average Weekly Movement2.9%
Banks Industry Average Movement3.4%
Market Average Movement5.9%
10% most volatile stocks in KE Market11.5%
10% least volatile stocks in KE Market2.9%

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

Volatility Over Time: ABSA's weekly volatility (3%) 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 capKSh91.52b
Earnings (TTM)KSh18.81b
Revenue (TTM)KSh50.68b

4.9x

P/E Ratio

1.2x

P/B Ratio

Is ABSA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABSA income statement (TTM)
RevenueKSh50.68b
Cost of RevenueKSh0
Gross ProfitKSh50.68b
Other ExpensesKSh31.87b
EarningsKSh18.81b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.46
Gross Margin100.00%
Net Profit Margin37.11%
Debt/Equity Ratio34.1%

How did ABSA perform over the long term?

See historical performance and comparison

Dividends

9.2%

Current Dividend Yield

45%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 21:41
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Absa Bank Kenya PLC is covered by 10 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAfrican Alliance
null nullAIB-AXYS Africa Limited
Jaap MeijerArqaam Capital Research Offshore S.A.L.