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ABG logo

Absa Group JSE:ABG Stock Report

Last Price

R170.32

Market Cap

R140.5b

7D

-0.1%

1Y

12.4%

Updated

13 May, 2025

Data

Company Financials +

ABG Stock Overview

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

ABG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance3/6
Financial Health4/6
Dividends5/6

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Absa Group Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Absa Group
Historical stock prices
Current Share PriceR170.32
52 Week HighR200.70
52 Week LowR144.52
Beta0.47
1 Month Change6.38%
3 Month Change-9.81%
1 Year Change12.41%
3 Year Change1.54%
5 Year Change119.60%
Change since IPO1,603.20%

Recent News & Updates

Recent updates

author-image

Expansion Into African Markets And Digital Initiatives Will Boost Future Performance

Feb 09 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-0.1%1.4%-0.1%
1Y12.4%27.4%16.8%

Return vs Industry: ABG underperformed the ZA Banks industry which returned 25.9% over the past year.

Return vs Market: ABG underperformed the ZA Market which returned 16.7% over the past year.

Price Volatility

Is ABG's price volatile compared to industry and market?
ABG volatility
ABG Average Weekly Movement4.7%
Banks Industry Average Movement4.2%
Market Average Movement5.3%
10% most volatile stocks in ZA Market11.1%
10% least volatile stocks in ZA Market3.4%

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 (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198636,779Charles Russonwww.absa.africa

Absa Group Limited, together with its subsidiaries, provides retail and business banking, corporate and 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, as well as operates a digital advice platform and a direct sales service center.

Absa Group Limited Fundamentals Summary

How do Absa Group's earnings and revenue compare to its market cap?
ABG fundamental statistics
Market capR140.54b
Earnings (TTM)R21.54b
Revenue (TTM)R95.63b

6.6x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABG income statement (TTM)
RevenueR95.63b
Cost of RevenueR333.00m
Gross ProfitR95.30b
Other ExpensesR73.76b
EarningsR21.54b

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

Aug 18, 2025

Earnings per share (EPS)25.97
Gross Margin99.65%
Net Profit Margin22.52%
Debt/Equity Ratio212.7%

How did ABG perform over the long term?

See historical performance and comparison

Dividends

9.1%

Current Dividend Yield

56%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/13 16:55
End of Day Share Price 2025/05/13 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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 20 analysts. 7 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.
Ilan StermerAnchor Stockbrokers Proprietary Limited
Harry BothaAnchor Stockbrokers Proprietary Limited