Absa Group (ABG.JO) Stock Price
Absa Group Price
Over the last 19 years Absa Group grew revenue by 10.1% annually, reaching 125.25 B ZAR. Earnings per share have grown at 7.2% per year over the last 19 years. For Absa Group, the net margin of 17.2% is up versus 6.3% a few years ago. At today's price the dividend yield works out to roughly 6.67%. The payout ratio is around 53% of earnings. The dividend has grown at 7.4% per year over the past 19 years. The consensus 12-month price target for Absa Group is 265.20 ZAR, about 25.7% above where the stock trades today. Of 14 analysts, 11 rate the stock a buy — an overall Buy consensus.
Absa Group stock price
Absa Group business model & stock analysis
Frequently asked questions about Absa Group
The business model of Absa Group Ltd is centered around being a diversified financial services provider. As one of Africa's largest financial institutions, Absa Group offers a comprehensive range of banking, investment, and insurance services. With its primary focus on the African continent, Absa Group serves individual customers, small and medium-sized enterprises (SMEs), corporate clients, and institutional investors. The company aims to provide innovative and tailored solutions to meet the financial needs of its diverse customer base. Absa Group's business model emphasizes the promotion of sustainable growth while upholding strong risk management practices and adhering to rigorous governance standards.
Absa Group Ltd is primarily active in the financial services industry.
The main competitors of Absa Group Ltd in the market include Standard Bank Group Ltd, FirstRand Ltd, and Nedbank Group Ltd.
Absa Group Ltd, formerly known as Amalgamated Banks of South Africa, is a prominent South African financial services provider. Established in 1991, Absa has a rich history spanning over three decades. It initially operated as a subsidiary of Barclays PLC, until the bank sold off the majority of its stake in 2017. Since then, Absa has been operating as an independent entity and has transformed into a leading African-focused financial group. Absa offers a wide range of financial products and services, including retail banking, corporate and investment banking, wealth management, and insurance. With its extensive experience and strong market presence, Absa continues to play a significant role in South Africa's financial sector.
Absa Group Ltd, a leading financial services provider in Africa, has achieved several significant milestones throughout its history. The company successfully rebranded from Barclays Africa Group Limited to Absa Group Ltd in 2018, marking a major step towards establishing its own unique identity in the market. Additionally, Absa Group Ltd has been recognized for its outstanding efforts in driving economic growth and empowering communities. The company's strong focus on innovation and digital transformation has also positioned it as a leader in the financial technology space. With its commitment to delivering exceptional customer experiences and expanding its footprint across the continent, Absa Group Ltd continues to build a remarkable legacy in the financial industry.
Absa Group Ltd is primarily present in South Africa and has a significant presence in other African countries such as Kenya, Mozambique, Tanzania, Uganda, and Zambia. Additionally, the company operates in selected international markets such as the United Kingdom and the United States. Absa Group Ltd's strong presence across multiple countries and regions allows it to tap into diverse markets, broaden its customer base, and leverage its expertise in African banking.
Absa Group Ltd represents a strong set of values and a clear corporate philosophy. The company is committed to integrity, accountability, and delivering exceptional customer service. They prioritize teamwork, diversity, and inclusivity, fostering an environment where every employee is valued and respected. Absa Group Ltd also emphasizes innovation, constantly striving to find new and better ways of serving their clients. With a focus on sustainability, they actively contribute to the well-being of the communities they operate in. Overall, Absa Group Ltd stands for excellence, trustworthiness, and a customer-centric approach in all aspects of their business.
Analysts currently set an average price target of 261.10 ZAR for the Absa Group stock (median: 265.20 ZAR), implying +23.7 % versus the latest price. The consensus is based on 14 analyst ratings.
14 analysts currently rate the Absa Group stock: 11 recommend buying, 3 holding and 0 selling. For 2026, analysts expect Absa Group to generate revenue of 120.85 B ZAR and earnings per share of 30.97 ZAR.
Converted at the current exchange rate, the Absa Group share trades at 11.25 EUR (211.00 ZAR).
The Absa Group share (ABG.JO) is listed on 5 stock exchanges, including: JSE (Johannesburg) (ABG.JO), Frankfurt (AU61.F), München (AU61.MU), Düsseldorf (AU61.DU).
The Absa Group Ltd is an African financial institution based in South Africa. The company operates in various areas, such as retail banking, corporate banking, and institutional banking. The business model of Absa Group Ltd is based on providing banking services and financial products tailored to the different needs of its customers. Absa Group Ltd offers a wide range of products and services to its customers, including deposit products, loans, credit cards, investments, insurance, trade finance, and other financial products. The company is able to provide these products and services through its extensive network of branches and electronic channels, as well as partnerships with other companies. In the retail banking segment, Absa Group Ltd offers deposit products such as current accounts, savings accounts, and fixed deposits, as well as loans such as car loans, mortgages, and other personal loans. The company also offers credit cards to its customers, including Visa and Mastercard cards. Additionally, it offers a wide range of investment products such as investment funds, stocks, bonds, and other securities to help customers invest their money safely and profitably. In the corporate banking segment, Absa Group Ltd offers financial products for businesses, including trade finance, leasing, asset management, payment services, and other financial products. The company also provides advisory services to businesses to assist them with financing and other aspects of their business processes. In the institutional banking segment, Absa Group Ltd offers customized financial solutions for institutions such as hedge funds, securities firms, sovereign wealth funds, and other financial institutions. The company also provides investment banking services such as mergers and acquisitions, equity and debt issuances, structured financings, and syndicated loans for these clients. Absa Group Ltd is a future-oriented company focused on digital financial services. The company heavily invests in digital technologies to provide its customers with a better customer experience and more convenience in managing their finances. The digital channels provided by the company include mobile banking, internet banking, USSD banking, and ATM banking. In summary, the business model of Absa Group Ltd is focused on providing tailored financial products and services to retail banking customers, corporate banking customers, and institutional banking customers. The company offers a wide range of financial products such as deposits, loans, credit cards, investments, trade finance, insurance, and other financial products. Additionally, the company is heavily invested in digital technologies to offer its customers better services and more convenience in managing their finances.
The expected revenue of Absa Group is 120.85 B ZAR. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Absa Group is 25.71 B ZAR. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Absa Group is currently 6.81. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Absa Group stock.
The price-to-sales ratio (P/S) of Absa Group is currently 1.45. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Absa Group stock.
The Eulerpool Quality Score for Absa Group is 5/10.
The ISIN of Absa Group is ZAE000255915. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Absa Group is A2JE9V. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Absa Group is ABG.JO. The ticker symbol is used to trade Absa Group shares on the stock exchange.
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All fundamentals and in-depth analysis of Absa Group
Our stock analysis for Absa Group 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. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.