Absa Bank Kenya Past Earnings Performance
Past criteria checks 3/6
Absa Bank Kenya has been growing earnings at an average annual rate of 23.3%, while the Banks industry saw earnings growing at 15.6% annually. Revenues have been growing at an average rate of 11.3% per year. Absa Bank Kenya's return on equity is 23.7%, and it has net margins of 36.1%.
Key information
23.3%
Earnings growth rate
23.3%
EPS growth rate
| Banks Industry Growth | 14.3% |
| Revenue growth rate | 11.3% |
| Return on equity | 23.7% |
| Net Margin | 36.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Absa Bank Kenya 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 | 45,329 | 16,367 | 13,417 | 0 |
| 30 Sep 23 | 44,482 | 16,179 | 13,234 | 0 |
| 30 Jun 23 | 43,766 | 16,598 | 12,802 | 0 |
| 31 Mar 23 | 42,250 | 16,086 | 12,393 | 0 |
| 31 Dec 22 | 39,509 | 14,587 | 11,947 | 0 |
| 30 Sep 22 | 36,718 | 13,347 | 16,342 | 0 |
| 30 Jun 22 | 34,266 | 11,592 | 11,080 | 0 |
| 31 Mar 22 | 33,509 | 11,404 | 10,392 | 0 |
| 31 Dec 21 | 32,213 | 10,870 | 10,714 | 0 |
| 30 Sep 21 | 31,594 | 10,477 | 17,300 | 0 |
| 30 Jun 21 | 29,966 | 9,146 | 17,449 | 0 |
| 31 Mar 21 | 25,432 | 4,627 | 17,912 | 0 |
| 31 Dec 20 | 25,496 | 4,163 | 18,164 | 0 |
| 30 Sep 20 | 25,676 | 3,820 | 17,628 | 0 |
| 30 Jun 20 | 26,318 | 4,167 | 17,656 | 0 |
| 31 Mar 20 | 29,736 | 7,512 | 17,468 | 0 |
| 31 Dec 19 | 29,567 | 7,456 | 17,447 | 0 |
| 30 Sep 19 | 28,503 | 7,540 | 15,537 | 0 |
| 30 Jun 19 | 28,554 | 7,532 | 15,540 | 0 |
| 31 Mar 19 | 28,002 | 7,433 | 15,802 | 0 |
| 31 Dec 18 | 27,823 | 7,416 | 15,507 | 0 |
| 30 Sep 18 | 27,896 | 7,031 | 14,728 | 0 |
| 30 Jun 18 | 27,504 | 7,145 | 15,405 | 0 |
| 31 Mar 18 | 27,650 | 7,059 | 15,725 | 0 |
| 31 Dec 17 | 27,143 | 6,926 | 15,931 | 0 |
| 30 Sep 17 | 26,726 | 6,669 | 16,267 | 0 |
| 30 Jun 17 | 27,116 | 6,855 | 15,791 | 0 |
| 31 Mar 17 | 27,195 | 6,967 | 15,530 | 0 |
| 31 Dec 16 | 27,688 | 7,399 | 15,461 | 0 |
| 30 Sep 16 | 28,264 | 8,056 | 14,945 | 0 |
| 30 Jun 16 | 27,685 | 7,935 | 14,753 | 0 |
| 31 Mar 16 | 27,868 | 8,467 | 14,425 | 0 |
| 31 Dec 15 | 27,336 | 8,401 | 14,212 | 0 |
| 30 Sep 15 | 27,557 | 8,554 | 10,815 | 0 |
| 30 Jun 15 | 27,889 | 8,706 | 10,537 | 0 |
| 31 Mar 15 | 27,432 | 8,561 | 10,194 | 0 |
| 31 Dec 14 | 26,883 | 8,387 | 13,297 | 0 |
| 30 Sep 14 | 26,754 | 8,254 | 10,036 | 0 |
| 30 Jun 14 | 26,787 | 8,124 | 10,057 | 0 |
| 31 Mar 14 | 26,669 | 7,905 | 10,091 | 0 |
| 31 Dec 13 | 26,699 | 7,623 | 10,003 | 0 |
| 30 Sep 13 | 27,363 | 8,103 | 13,816 | 0 |
| 30 Jun 13 | 27,185 | 8,206 | 13,720 | 0 |
Quality Earnings: ABSA has high quality earnings.
Growing Profit Margin: ABSA's current net profit margins (36.1%) are lower than last year (36.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ABSA's earnings have grown significantly by 23.3% per year over the past 5 years.
Accelerating Growth: ABSA's earnings growth over the past year (12.2%) is below its 5-year average (23.3% per year).
Earnings vs Industry: ABSA earnings growth over the past year (12.2%) did not outperform the Banks industry 13.5%.
Return on Equity
High ROE: ABSA's Return on Equity (23.7%) is considered high.