What is the ROE (Return on Equity) of Absa Group this year?
The ROE of Absa Group this year is 0.13 undefined.
Absa Group ROE 2024
Absa Group ROE
0.13
Ticker
ABG.JO
ISIN
ZAE000255915
WKN
A2JE9V
In 2024, Absa Group's return on equity (ROE) was 0.13, a -8.78% increase from the 0.14 ROE in the previous year.
Absa Group Aktienanalyse
What does Absa Group do?
The Absa Group Ltd is one of the leading banks in Africa and is headquartered in Johannesburg, South Africa. The bank was originally founded in 1991 under the name Amalgamated Banks of South Africa. Since then, the company has undergone significant development and is now active throughout the African continent as Absa Group Ltd. Absa's business model is based on offering financial services such as loans, savings accounts, insurance, and investment products to build long-term customer loyalty and trust. The bank focuses on both retail and business customers, as well as small businesses. In the investment banking sector, Absa Group Ltd offers a wide range of financial services, ranging from mergers and acquisitions to asset management. The bank also operates in umbrella sectors, including asset management, treasury, and risk management. Absa Group Ltd operates in eleven African countries and is a market leader in southern Africa and one of the largest banking groups on the continent. The company employs over 32,000 people. The key countries where the bank operates include South Africa, Uganda, Ghana, Kenya, and Tanzania. A key focus of Absa Group Ltd is supporting the economy of the African continent. The bank is involved in numerous initiatives to promote economic growth and sustainability. In 2018, the bank launched an economic forum with the goal of increasing business opportunities and investments in Africa. Another initiative is the Absa Culture Program, which aims to promote art and culture in Africa. Absa's product portfolio is diverse and includes loans, accounts, insurance, and investment products. The bank offers both traditional and digital services, including a mobile app, online banking, mobile money transfers, and a digital exchange. One of Absa's main products is the current account, which caters to retail customers and businesses. The account provides basic banking services such as transfers, cash withdrawals, account statements, and deposit facilities. Absa also offers various card options, including debit cards and credit cards. Another core product is loans, which are provided to both retail and business customers. The bank ensures that its borrowers have a stable financial situation and that the loan has a positive impact on the borrowers. Absa also offers a special SME (Small and Medium Enterprises) loan offering aimed at supporting small businesses and helping them grow. Asset management is another major focus for Absa. The bank offers investment products such as stocks, bonds, investment funds, and hedge funds to help customers diversify their wealth and maximize return on investment (ROI). In summary, Absa Group Ltd is one of the largest and most successful banking groups in Africa. With its wide range of financial services, strong presence on the continent, and commitment to economic growth and sustainability, the bank has established itself as a key player in the African financial industry. Absa Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROE Details
Decoding Absa Group's Return on Equity (ROE)
Absa Group's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.
Year-to-Year Comparison
Analyzing Absa Group's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.
Impact on Investments
Absa Group's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.
Interpreting ROE Fluctuations
Changes in Absa Group’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.
Frequently Asked Questions about Absa Group stock
How has the Return on Equity (ROE) of Absa Group developed compared to the previous year?
The ROE of Absa Group has increased by -8.78% decreased compared to the previous year.
What impact does a high ROE (Return on Equity) have on investors of Absa Group?
A high ROE indicates that Absa Group generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.
What impact does a low ROE (Return on Equity) have on investors of Absa Group?
A low ROE can indicate that Absa Group is having difficulties monetizing its investments successfully and can be a negative signal for investors.
How does a change in the ROE (Return on Equity) of Absa Group affect the company?
A change in ROE (Return on Equity) of Absa Group can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.
How to calculate the ROE (Return on Equity) of Absa Group?
The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.
Which factors influence the ROE (Return on Equity) of Absa Group?
Some factors that can influence Absa Group's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.
What strategic measures can take to improve the ROE (Return on Equity)?
To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.
How much dividend does Absa Group pay?
Over the past 12 months, Absa Group paid a dividend of 13.35 ZAR . This corresponds to a dividend yield of about 0.08 %. For the coming 12 months, Absa Group is expected to pay a dividend of 14.41 ZAR.
What is the dividend yield of Absa Group?
The current dividend yield of Absa Group is 0.08 %.
When does Absa Group pay dividends?
Absa Group pays a quarterly dividend. This is distributed in the months of October, May, October, October.
How secure is the dividend of Absa Group?
Absa Group paid dividends every year for the past 23 years.
What is the dividend of Absa Group?
For the upcoming 12 months, dividends amounting to 14.41 ZAR are expected. This corresponds to a dividend yield of 0.08 %.
In which sector is Absa Group located?
Absa Group is assigned to the 'Finance' sector.
Wann musste ich die Aktien von Absa Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Absa Group from 9/16/2024 amounting to 0.38 ZAR, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.
When did Absa Group pay the last dividend?
The last dividend was paid out on 9/16/2024.
What was the dividend of Absa Group in the year 2023?
In the year 2023, Absa Group distributed 11.25 ZAR as dividends.
In which currency does Absa Group pay out the dividend?
The dividends of Absa Group are distributed in ZAR.
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Andere Kennzahlen von Absa Group
Our stock analysis for Absa Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Absa Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
