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Absa Group LimitedJSE:ABG Stock Report

Market Cap R184.8b
Share Price
n/a
1Y24.2%
7D-7.9%
1D2.3%
Portfolio Value
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Absa Group Limited

JSE:ABG Stock Report

Market Cap: R184.8b

Absa Group (ABG) Stock Overview

Provides retail, business, corporate, investment banking, insurance, financial, and wealth management products and services in South Africa and internationally. More details

ABG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance2/6
Financial Health4/6
Dividends4/6

ABG Community Fair Values

Create Narrative

See what 49 others think this stock is worth. Follow their fair value or set your own to get alerts.

Absa Group Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Absa Group
Historical stock prices
Current Share PriceR223.00
52 Week HighR278.12
52 Week LowR172.01
Beta0.36
1 Month Change-1.75%
3 Month Change-6.44%
1 Year Change24.16%
3 Year Change31.25%
5 Year Change60.22%
Change since IPO2,130.00%

Recent News & Updates

Narrative Update Jun 17

ABG: Dividend Payout And Digital Remittances Will Support Future Upside Potential

Analysts have slightly adjusted their fair value estimate for Absa Group, trimming the price target from ZAR269.19 to ZAR268.75 as they refine assumptions around discount rates, profit margins and future P/E expectations. What’s in the News for Absa Group No recent Absa Group news items were identified in the provided sources, so investors may need to rely on the latest company filings, official announcements or exchange disclosures for current updates.
Narrative Update Jun 03

ABG: Dividend Payout And Digital Remittances Will Support Future Upside Potential

Analysts have adjusted their price target on Absa Group slightly lower to reflect an updated fair value of about ZAR269.19, with modest tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Absa Group declared a final ordinary dividend of ZAR8.50 per share for the financial period ended 31 December 2025, with the last day to trade cum dividend on 21 April 2026, ex dividend on 22 April 2026, a record date of 24 April 2026, and payment on 28 April 2026.
Narrative Update Apr 28

ABG: Dividend Strength And Digital Remittances Will Support Future Upside Potential

Analysts have kept Absa Group's fair value estimate broadly unchanged at about ZAR273.25 per share, reflecting only marginal tweaks to assumptions such as the discount rate, revenue growth, profit margin and future P/E. What's in the News Declared a final ordinary dividend of ZAR8.50 per share for the financial period ended 31 December 2025, with the last day to trade cum dividend on 21 April 2026, ex-dividend date on 22 April 2026, record date on 24 April 2026, and payment on 28 April 2026 (Key Developments).

Recent updates

Narrative Update Jun 17

ABG: Dividend Payout And Digital Remittances Will Support Future Upside Potential

Analysts have slightly adjusted their fair value estimate for Absa Group, trimming the price target from ZAR269.19 to ZAR268.75 as they refine assumptions around discount rates, profit margins and future P/E expectations. What’s in the News for Absa Group No recent Absa Group news items were identified in the provided sources, so investors may need to rely on the latest company filings, official announcements or exchange disclosures for current updates.
Narrative Update Jun 03

ABG: Dividend Payout And Digital Remittances Will Support Future Upside Potential

Analysts have adjusted their price target on Absa Group slightly lower to reflect an updated fair value of about ZAR269.19, with modest tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Absa Group declared a final ordinary dividend of ZAR8.50 per share for the financial period ended 31 December 2025, with the last day to trade cum dividend on 21 April 2026, ex dividend on 22 April 2026, a record date of 24 April 2026, and payment on 28 April 2026.
Narrative Update Apr 28

ABG: Dividend Strength And Digital Remittances Will Support Future Upside Potential

Analysts have kept Absa Group's fair value estimate broadly unchanged at about ZAR273.25 per share, reflecting only marginal tweaks to assumptions such as the discount rate, revenue growth, profit margin and future P/E. What's in the News Declared a final ordinary dividend of ZAR8.50 per share for the financial period ended 31 December 2025, with the last day to trade cum dividend on 21 April 2026, ex-dividend date on 22 April 2026, record date on 24 April 2026, and payment on 28 April 2026 (Key Developments).
Narrative Update Apr 10

ABG: Dividend Outlook And Digital Payments Expansion Will Shape Future Returns

Analysts have slightly raised their Absa Group price target to about ZAR273.25 from ZAR271.91, reflecting updated inputs on the discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Absa Group declared a final ordinary dividend of ZAR8.50 per share for the financial period ended 31 December 2025, with the last day to trade cum dividend on 21 April 2026 and payment scheduled for 28 April 2026 (company announcement).
Narrative Update Mar 27

ABG: Dividend Strength And Higher P/E Expectations Will Support Future Upside

Analysts have adjusted their price target for Absa Group to ZAR271.91 from ZAR265.05, reflecting updated assumptions on revenue growth, profit margin, and a slightly higher future P/E multiple. What's in the News Absa Group declared a final ordinary dividend of 850 cents per share for the financial period ended 31 December 2025, with the last day to trade cum dividend on 21 April 2026 and payment scheduled for 28 April 2026 (Key Developments).
Narrative Update Mar 12

ABG: Dividend Momentum And Higher Profitability Assumptions Will Support Future Upside

Analysts have modestly adjusted their fair value price target for Absa Group to ZAR265.05. This reflects updated assumptions around a slightly lower discount rate, marginally higher revenue growth, stronger profit margins and a reduced future P/E multiple.
Narrative Update Feb 26

ABG: Larger Domestic Stake And Revised Assumptions Will Support Measured Future Returns

Analysts have nudged their price target on Absa Group higher to ZAR265.05 from ZAR260.61, citing updated fair value estimates and slight adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Public Investment Corporation Limited completed the acquisition of an additional minority stake in Absa Group Limited, taking its holding to 15.32% as of December 10, 2025 (Key Developments).
Narrative Update Feb 11

ABG: Larger Domestic Stake Will Support Balanced Revenue Mix And Measured Shareholder Returns

Analysts have nudged their ZAR based price target for Absa Group higher to ZAR260.61 from ZAR259.61, reflecting updated assumptions around fair value, a slightly lower discount rate, and a modestly reduced future P/E multiple. What's in the News Public Investment Corporation Limited increased its minority stake in Absa Group Limited, reaching a 15.32% holding after completing an additional share acquisition on December 10, 2025 (Key Developments).
Narrative Update Jan 28

ABG: Larger Domestic Stake Will Support Stable Mix Shift And Measured Shareholder Returns

Analysts have nudged their price target for Absa Group higher by about R9, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers of the change. What's in the News Public Investment Corporation Limited completed the purchase of an additional minority stake in Absa Group Limited on December 10, 2025, increasing its holding to 15.32% of the company (Key Developments).
Narrative Update Jan 12

ABG: Larger Domestic Stake Will Support Moderate Revenue Mix Shift And Shareholder Returns

Analysts have kept their fair value estimate for Absa Group steady at R250.61 per share. A slightly lower discount rate and a marginally adjusted future P/E assumption help explain the modest refinement in their price target rationale.
Narrative Update Dec 24

ABG: Larger Domestic Stake Will Support Future Margins And Measured Shareholder Returns

Analysts have modestly raised their price target on Absa Group from R243.84 to approximately R250.61. They cite slightly stronger expected profitability and a marginally higher future valuation multiple, while growth and risk assumptions remain largely unchanged.
Narrative Update Dec 10

ABG: Larger Domestic Stake Will Support Margins And Measured Shareholder Returns

Analysts have raised their price target for Absa Group to R243.84 from R235.28, citing slightly stronger projected revenue growth, modestly higher expected profit margins and a small uplift in future valuation multiples. What's in the News Public Investment Corporation Limited completed the acquisition of an additional minority stake in Absa Group Limited on December 10, 2025, increasing its shareholding to 15.32 percent (Key Developments) The larger strategic stake held by Public Investment Corporation Limited is expected to strengthen Absa Group's local institutional shareholder base and potentially enhance long term governance stability (Key Developments) Market observers note that the heightened ownership by a major domestic investor may influence Absa Group's capital allocation priorities and future engagement with regulators and policymakers (Key Developments) Valuation Changes Fair Value Estimate increased slightly from ZAR 235.28 to ZAR 243.84 per share, reflecting a modestly higher intrinsic valuation.
Narrative Update Nov 26

ABG: Sustained Profit Margin Improvement Will Drive Shareholder Value Into September

Narrative Update on Absa Group Analysts have raised their price target for Absa Group to R235.28 from R227.82. They cite sustained improvements in profit margin and a stable discount rate as key drivers behind the upward revision.
Narrative Update Nov 12

ABG: Dividend Announcement Will Drive Greater Shareholder Value Into September

Narrative Update: Absa Group Price Target Adjustment Analysts have raised their fair value estimate for Absa Group from R224.19 to R227.82. This change is attributed to incremental improvements in growth assumptions and a slightly lower discount rate.
Narrative Update Sep 04

Pan-African Integration And Digital Transformation Will Unlock Potential

With both the Future P/E ratio and Consensus Revenue Growth forecasts for Absa Group holding steady, the analyst price target likewise remains unchanged at ZAR224.19. What's in the News Absa Group declared an interim ordinary dividend of 785 cents per share for the period ended 30 June 2025, payable on 15 September 2025.
Analysis Article Aug 21

Absa Group's (JSE:ABG) Shareholders Will Receive A Bigger Dividend Than Last Year

The board of Absa Group Limited ( JSE:ABG ) has announced that it will be paying its dividend of ZAR7.85 on the 15th of...
User avatar
New Narrative Feb 09

Expansion Into African Markets And Digital Initiatives Will Boost Future Performance

Expansion into African markets and digital channels is set to drive capital-light revenue growth, enhancing profitability and shareholder value.

Shareholder Returns

ABGZA BanksZA Market
7D-7.9%13.0%0.2%
1Y24.2%80.5%11.6%

Return vs Industry: ABG underperformed the ZA Banks industry which returned 75.6% over the past year.

Return vs Market: ABG exceeded the ZA Market which returned 11.2% over the past year.

Price Volatility

Is ABG's price volatile compared to industry and market?
ABG volatility
ABG Average Weekly Movement4.3%
Banks Industry Average Movement4.0%
Market Average Movement4.6%
10% most volatile stocks in ZA Market9.5%
10% least volatile stocks in ZA Market2.8%

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

Volatility Over Time: ABG's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198637,033Kenny Fihlawww.absa.africa

Absa Group Limited, together with its subsidiaries, provides retail, business, corporate, investment banking, insurance, financial, and wealth management products and services in South Africa and internationally. The company offers life and non-life insurance products; residential property-related finance solutions; mortgages; vehicle and asset finance products and services; cash, debit, credit and prepaid cards; personal loans; corporate, relationship, and transactional banking services; mobile payments; and savings and investment products and services. It also provides insurance and financial advisory, stockbroking and portfolio management, and trust administrative services.

Absa Group Limited Fundamentals Summary

How do Absa Group's earnings and revenue compare to its market cap?
ABG fundamental statistics
Market capR184.82b
Earnings (TTM)R22.21b
Revenue (TTM)R102.20b
8.3x
P/E Ratio
1.0x
P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABG income statement (TTM)
RevenueR102.20b
Cost of RevenueR326.00m
Gross ProfitR101.87b
Other ExpensesR79.66b
EarningsR22.21b

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Aug 18, 2026

Earnings per share (EPS)26.80
Gross Margin99.68%
Net Profit Margin21.74%
Debt/Equity Ratio122.9%

How did ABG perform over the long term?

See historical performance and comparison

Dividends

7.6%
Current Dividend Yield
61%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/03 09:05
End of Day Share Price 2026/07/02 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

Absa Group Limited is covered by 16 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ilan StermerAnchor Stockbrokers Proprietary Limited
Jaap MeijerArqaam Capital Research Offshore S.A.L.
Adrienne DamantAvior Capital Markets