Absa Group Limited

OTCPK:AGRP.F Stock Report

Market Cap: US$8.2b

Absa Group Management

Management criteria checks 4/4

Absa Group's CEO is Arrie Rautenbach, appointed in Mar 2022, has a tenure of 2.42 years. total yearly compensation is ZAR40.03M, comprised of 24.5% salary and 75.5% bonuses, including company stock and options. directly owns 0.032% of the company’s shares, worth $2.66M. The average tenure of the management team and the board of directors is 2.1 years and 3.6 years respectively.

Key information

Arrie Rautenbach

Chief executive officer

R40.0m

Total compensation

CEO salary percentage24.5%
CEO tenure2.4yrs
CEO ownership0.03%
Management average tenure2.1yrs
Board average tenure3.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Arrie Rautenbach's remuneration changed compared to Absa Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

R19b

Mar 31 2024n/an/a

R19b

Dec 31 2023R40mR10m

R20b

Sep 30 2023n/an/a

R20b

Jun 30 2023n/an/a

R21b

Mar 31 2023n/an/a

R20b

Dec 31 2022R45mR9m

R20b

Sep 30 2022n/an/a

R20b

Jun 30 2022n/an/a

R20b

Mar 31 2022n/an/a

R19b

Dec 31 2021R39mR6m

R18b

Sep 30 2021n/an/a

R16b

Jun 30 2021n/an/a

R14b

Mar 31 2021n/an/a

R10b

Dec 31 2020R22mR6m

R6b

Sep 30 2020n/an/a

R6b

Jun 30 2020n/an/a

R7b

Mar 31 2020n/an/a

R11b

Dec 31 2019R30mR6m

R14b

Sep 30 2019n/an/a

R14b

Jun 30 2019n/an/a

R14b

Mar 31 2019n/an/a

R14b

Dec 31 2018R27mR4m

R14b

Compensation vs Market: Arrie's total compensation ($USD2.26M) is below average for companies of similar size in the US market ($USD8.33M).

Compensation vs Earnings: Arrie's compensation has been consistent with company performance over the past year.

CEO

Arrie Rautenbach (58 yo)

2.4yrs

Tenure

R40,034,986

Compensation

Mr. Arrie Rautenbach, BBA, AMP, MBA. serves as Group Chief Executive Officer & Executive Director at Absa Bank Limited since March 29, 2022 and served as its Chief Executive of Retail & Business Banking -...

Leadership Team

NamePositionTenureCompensationOwnership
Arrie Rautenbach
Group CEO & Executive Director2.4yrsR40.03m0.032%
$ 2.7m
Charles Russon
Chief Executive of Corporate & Investment Banking5.8yrsR31.64m0.017%
$ 1.4m
Cowyk Fox
Chief Executive of Everyday Banking2.1yrsR14.28m0.0062%
$ 510.3k
Faisal Mkhize
Chief Executive of Relationship Bankingno dataR18.27m0.0042%
$ 346.8k
Geoffrey Lee
Chief Executive of Product Solutions Cluster2.1yrsR20.53m0.0031%
$ 253.1k
Saviour Chibiya
Chief Executive of Absa Regional Operations2.1yrsR16.01mno data
Deon Raju
Group Financial Director & Executive Directorless than a yearno datano data
Johnson Idesoh
Group Chief Information & Technology Officer1.6yrsno datano data
Alan Hartdegen
Head of Investor Relationsno datano datano data
Akash Singh
Group Chief Compliance Officer4.8yrsno datano data
Sydney Mbhele
Group Chief Brand1.6yrsno datano data
Jeanett Modise
Group Chief People Officer1.6yrsno datano data

2.1yrs

Average Tenure

51yo

Average Age

Experienced Management: AGRP.F's management team is considered experienced (2.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Arrie Rautenbach
Group CEO & Executive Director2.4yrsR40.03m0.032%
$ 2.7m
Deon Raju
Group Financial Director & Executive Directorless than a yearno datano data
Prabashni Naidoo
Ex Officio Member & Group Chief Audit Executive3.3yrsno datano data
John Cummins
Independent Non-Executive Director2.8yrsR1.45mno data
Nkateko Mageza
Independent Non-Executive Directorless than a yearR733.88k0.0025%
$ 203.8k
Nonhlanhla Mjoli-Mncube
Lead Independent Director3.8yrsR1.74mno data
Matthews Moloko
Independent Non-Executive Group Chairman2.7yrsR6.95mno data
Rose Keanly
Independent Non-Executive Director4.9yrsR2.65mno data
Rene van Wyk
Independent Non-Executive Director4yrsR2.72mno data
Tasneem Abdool-Samad
Independent Non-Executive Director6.5yrsR3.34mno data
Ihron Rensburg
Independent Non-Executive Director4.8yrsR1.36mno data
Fulvio Tonelli
Independent Non-Executive Director4.1yrsR2.19mno data

3.6yrs

Average Tenure

63yo

Average Age

Experienced Board: AGRP.F's board of directors are considered experienced (3.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/08/28 07:33
End of Day Share Price 2024/05/31 00:00
Earnings2024/06/30
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

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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 Group Limited is covered by 21 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Johann ScholtzAfrifocus Securities (Pty) Ltd.
Harry BothaAnchor Stockbrokers Proprietary Limited
Jaap MeijerArqaam Capital Research Offshore S.A.L.