Absa Group is a financial services holding company offering retail, business, corporate, and investment banking, as well as insurance, wealth management, and related products and services primarily in South Africa and other African markets.
Sector: Banks
ZA_ABG
Shares: connector/market_inputs
Monetary columns are in B ZAR, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | Net interest incomeB ZAR | Net profitB ZAR | AssetsB ZAR | EquityB ZAR | ROE (annualized) | Source |
|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | H1 2026 (6M) | OK | 37.4 y/y 2.9% | 12.6 y/y 12.0% | 2282.4 y/y 5.7% | 173.6 y/y 4.4% | 14.5% | Report (PDF) |
| 2025-12-31 | H2 2025 (6M) | OK | 37.6 y/y 5.1% | 11.0 y/y -6.1% | 2239.5 y/y 8.3% | 172.4 y/y 7.6% | 13.1% | Report (PDF) |
| 2025-06-30 | H1 2025 (6M) | OK | 36.3 y/y 2.8% | 11.2 y/y 14.1% | 2159.8 y/y 10.6% | 166.3 y/y 11.4% | 13.8% | Report (PDF) |
| 2024-12-31 | H2 2024 (6M) | OK | 35.8 y/y -41.3% | 11.7 y/y 16.9% | 2068.7 y/y 10.3% | 160.2 y/y 4.8% | 13.9% | Report (PDF) |
| 2024-06-30 | H1 2024 (6M) | OK | 35.3 y/y -19.1% | 9.8 y/y -8.8% | 1953.4 y/y 2.9% | 149.3 y/y -6.7% | 13.0% | Report (PDF) |
| 2023-12-31 | H2 2023 (6M) | OK | 61.0 y/y — | 10.0 y/y — | 1874.9 y/y — | 152.8 y/y — | 13.3% | Link |
| 2023-06-30 | H1 2023 (6M) | OK | 43.6 y/y — | 10.8 y/y — | 1898.3 y/y — | 160.0 y/y — | — | Link |
Our earnings breakdowns and investment notes on this issuer.
Group: Banks. Each peer is shown as it trades and re-priced onto this company's market (South Africa) by the ratio of our coverage medians.
| Company | Market | Cap, $bn | P/E | P/E, adjusted |
|---|---|---|---|---|
| State Bank of India | India | 92.2 | 10.3x | 4.0x |
| Emirates NBD | UAE | 53.4 | 8.1x | 5.5x |
| HDFC Bank | India | 113.5 | 15.5x | 6.1x |
| Bradesco | Brazil | 39.0 | 8.3x | 6.5x |
| ICICI Bank | India | 97.9 | 16.8x | 6.6x |
| First Abu Dhabi Bank | UAE | 58.4 | 10.1x | 6.9x |
| Shinhan Financial Group | Korea | 36.1 | 8.9x | 7.1x |
| KB Financial Group | Korea | 43.9 | 9.4x | 7.5x |
| Bank Central Asia | Indonesia | 41.7 | 12.9x | 17.9x |
| Royal Bank of Canada | Canada | 271.6 | 19.0x | — |
| Mitsubishi UFJ Financial Group | Japan | 258.1 | 15.1x | — |
| Bank of Nova Scotia | Canada | 112.5 | 20.6x | — |
| Group median | 11.6x | 6.6x | ||
| Group average | 12.9x | 7.6x | ||
| This company | South Africa | 10.5 | 7.5x | 7.5x |
Group median 11.6x as traded, 6.6x adjusted; this company 7.5x — a 14% premium.
Group average 12.9x as traded, 7.6x adjusted; against the average this company is at a 1% discount.
At the adjusted group median the market cap would be -12% versus today.
The gap and the implied upside are measured against the median: one richly priced peer moves an average, not a median. The market adjustment uses our coverage medians (US 29.3x, Russia 5.9x, South Africa 10.7x, Kazakhstan 9.4x, India 27.4x, Indonesia 7.7x); it is about where a name is listed, not what it does. Peer multiples come from the nightly rebuild of 2026-10-05; the company's own is live.
| Date | Per share | Details | Status | Source |
|---|---|---|---|---|
| 2026-09-16 | 850 ZAR | Ex-dividend: 850 ZAR per share | Paid | Yahoo Finance (ex-div) |
| 2026-04-22 | 850 ZAR | Ex-dividend: 850 ZAR per share | Paid | Yahoo Finance (ex-div) |
| 2025-09-10 | 785 ZAR | Ex-dividend: 785 ZAR per share | Paid | Yahoo Finance (ex-div) |
| 2025-04-23 | 775 ZAR | Ex-dividend: 775 ZAR per share | Paid | Yahoo Finance (ex-div) |
| 2024-09-11 | 685 ZAR | Ex-dividend: 685 ZAR per share | Paid | Yahoo Finance (ex-div) |
| 2024-04-17 | 685 ZAR | Ex-dividend: 685 ZAR per share | Paid | Yahoo Finance (ex-div) |
| 2023-09-13 | 685 ZAR | Ex-dividend: 685 ZAR per share | Paid | Yahoo Finance (ex-div) |
| 2023-04-19 | 650 ZAR | Ex-dividend: 650 ZAR per share | Paid | Yahoo Finance (ex-div) |
| 2022-09-14 | 650 ZAR | Ex-dividend: 650 ZAR per share | Paid | Yahoo Finance (ex-div) |
| 2022-04-20 | 475 ZAR | Ex-dividend: 475 ZAR per share | Paid | Yahoo Finance (ex-div) |
KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).
Investor reporting (IR): https://www.absa.africa/absaafrica/investor-relations/
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)
Financial results, valuation multiples (P/E, P/B), profitability and dividend yield of Absa Group (ABG) — from primary filings.
See also: South African Stocks (2026): Gold, Cheap Banks and the JSE Discount · The Cheapest Bank Stocks in the World (2026): Where Global Banks Trade Below Book · The Cheapest Stocks in the World (2026): What Value Investing Says About Buying Cheap · global valuation map