Absa Bank Kenya PLC

NASE:ABSA Stock Report

Market Cap: KSh95.9b

Absa Bank Kenya Past Earnings Performance

Past criteria checks 4/6

Absa Bank Kenya has been growing earnings at an average annual rate of 26.6%, while the Banks industry saw earnings growing at 18.7% annually. Revenues have been growing at an average rate of 14.4% per year. Absa Bank Kenya's return on equity is 24.3%, and it has net margins of 37.1%.

Key information

26.6%

Earnings growth rate

26.5%

EPS growth rate

Banks Industry Growth14.3%
Revenue growth rate14.4%
Return on equity24.3%
Net Margin37.1%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Absa Bank Kenya makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NASE:ABSA Revenue, expenses and earnings (KES Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2450,67718,80814,6390
30 Jun 2449,78118,77114,0120
31 Mar 2447,93017,86213,7450
31 Dec 2345,32916,36713,4170
30 Sep 2344,48216,17913,2340
30 Jun 2343,76616,59812,8020
31 Mar 2342,25016,08612,3930
31 Dec 2239,50914,58711,9470
30 Sep 2236,71813,34716,3420
30 Jun 2234,26611,59211,0800
31 Mar 2233,50911,40410,3920
31 Dec 2132,21310,87010,7140
30 Sep 2131,59410,47717,3000
30 Jun 2129,9669,14617,4490
31 Mar 2125,4324,62717,9120
31 Dec 2025,4964,16318,1640
30 Sep 2025,6763,82017,6280
30 Jun 2026,3184,16717,6560
31 Mar 2029,7367,51217,4680
31 Dec 1929,5677,45617,4470
30 Sep 1928,5037,54015,5370
30 Jun 1928,5547,53215,5400
31 Mar 1928,0027,43315,8020
31 Dec 1827,8237,41615,5070
30 Sep 1827,8967,03114,7280
30 Jun 1827,5047,14515,4050
31 Mar 1827,6507,05915,7250
31 Dec 1727,1436,92615,9310
30 Sep 1726,7266,66916,2670
30 Jun 1727,1166,85515,7910
31 Mar 1727,1956,96715,5300
31 Dec 1627,6887,39915,4610
30 Sep 1628,2648,05614,9450
30 Jun 1627,6857,93514,7530
31 Mar 1627,8688,46714,4250
31 Dec 1527,3368,40114,2120
30 Sep 1527,5578,55410,8150
30 Jun 1527,8898,70610,5370
31 Mar 1527,4328,56110,1940
31 Dec 1426,8838,38713,2970
30 Sep 1426,7548,25410,0360
30 Jun 1426,7878,12410,0570
31 Mar 1426,6697,90510,0910
31 Dec 1326,6997,62310,0030

Quality Earnings: ABSA has high quality earnings.

Growing Profit Margin: ABSA's current net profit margins (37.1%) are higher than last year (36.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ABSA's earnings have grown significantly by 26.6% per year over the past 5 years.

Accelerating Growth: ABSA's earnings growth over the past year (16.2%) is below its 5-year average (26.6% per year).

Earnings vs Industry: ABSA earnings growth over the past year (16.2%) did not outperform the Banks industry 17.1%.

Return on Equity

High ROE: ABSA's Return on Equity (24.3%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 05:31
End of Day Share Price 2024/12/30 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 9 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.