Absa Group Past Earnings Performance
Past criteria checks 2/6
Absa Group has been growing earnings at an average annual rate of 15.3%, while the Banks industry saw earnings growing at 8.5% annually. Revenues have been growing at an average rate of 7% per year. Absa Group's return on equity is 12.8%, and it has net margins of 20.8%.
Key information
15.3%
Earnings growth rate
15.3%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 7.0% |
| Return on equity | 12.8% |
| Net Margin | 20.8% |
| Next Earnings Update | 17 Mar 2025 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Absa Group 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 |
|---|---|---|---|---|
| 30 Jun 24 | 90,867 | 18,944 | 3,658 | 0 |
| 31 Mar 24 | 89,987 | 19,418 | 3,587 | 0 |
| 31 Dec 23 | 89,107 | 19,891 | 3,516 | 0 |
| 30 Sep 23 | 87,061 | 20,282 | 4,206 | 0 |
| 30 Jun 23 | 85,449 | 20,672 | 3,854 | 0 |
| 31 Mar 23 | 84,239 | 20,469 | 3,334 | 0 |
| 31 Dec 22 | 83,028 | 20,265 | 2,813 | 0 |
| 30 Sep 22 | 82,530 | 20,126 | 2,215 | 0 |
| 30 Jun 22 | 82,032 | 19,986 | 1,617 | 0 |
| 31 Mar 22 | 79,687 | 18,875 | 1,617 | 0 |
| 31 Dec 21 | 77,342 | 17,763 | 1,617 | 0 |
| 30 Sep 21 | 74,651 | 15,660 | 1,767 | 0 |
| 30 Jun 21 | 71,863 | 13,557 | 1,917 | 0 |
| 31 Mar 21 | 66,446 | 9,719 | 1,917 | 0 |
| 31 Dec 20 | 61,029 | 5,880 | 1,917 | 0 |
| 30 Sep 20 | 61,779 | 6,490 | 1,864 | 0 |
| 30 Jun 20 | 62,529 | 7,100 | 1,920 | 0 |
| 31 Mar 20 | 67,411 | 10,678 | 1,920 | 0 |
| 31 Dec 19 | 72,292 | 14,256 | 1,920 | 0 |
| 30 Sep 19 | 71,852 | 14,281 | 2,745 | 0 |
| 30 Jun 19 | 71,411 | 14,305 | 3,569 | 0 |
| 31 Mar 19 | 70,782 | 14,111 | 3,569 | 0 |
| 31 Dec 18 | 70,153 | 13,917 | 3,569 | 0 |
| 30 Sep 18 | 69,060 | 13,818 | 2,684 | 0 |
| 30 Jun 18 | 67,966 | 13,718 | 1,799 | 0 |
| 31 Mar 18 | 67,117 | 13,803 | 2,599 | 0 |
| 31 Dec 17 | 66,268 | 13,888 | 3,399 | 0 |
| 30 Sep 17 | 65,548 | 14,500 | 4,045 | 0 |
| 30 Jun 17 | 64,828 | 15,112 | 4,691 | 0 |
| 31 Mar 17 | 64,173 | 14,910 | 4,300 | 0 |
| 31 Dec 16 | 63,517 | 14,708 | 3,908 | 0 |
| 30 Sep 16 | 63,039 | 14,644 | 4,412 | 0 |
| 30 Jun 16 | 62,560 | 14,580 | 4,916 | 0 |
| 31 Mar 16 | 61,402 | 14,456 | 4,508 | 0 |
| 31 Dec 15 | 60,243 | 14,331 | 4,099 | 0 |
| 30 Sep 15 | 59,410 | 14,076 | 3,943 | 0 |
| 30 Jun 15 | 58,577 | 13,820 | 3,786 | 0 |
| 31 Mar 15 | 57,699 | 13,518 | 3,786 | 0 |
| 31 Dec 14 | 56,820 | 13,216 | 3,786 | 0 |
| 30 Sep 14 | 55,777 | 12,885 | 2,785 | 0 |
| 30 Jun 14 | 54,734 | 12,554 | 1,783 | 0 |
| 31 Mar 14 | 53,545 | 12,268 | 2,504 | 0 |
| 31 Dec 13 | 52,355 | 11,981 | 3,225 | 0 |
| 30 Sep 13 | 52,100 | 11,702 | 3,150 | 0 |
Quality Earnings: AGRP.Y has high quality earnings.
Growing Profit Margin: AGRP.Y's current net profit margins (20.8%) are lower than last year (24.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AGRP.Y's earnings have grown by 15.3% per year over the past 5 years.
Accelerating Growth: AGRP.Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AGRP.Y had negative earnings growth (-8.4%) over the past year, making it difficult to compare to the Banks industry average (-16.1%).
Return on Equity
High ROE: AGRP.Y's Return on Equity (12.8%) is considered low.