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Profile’s Stock Exchange Handbook: 2024 – Issue 3 JSE – ABS
RATIOS
Absa Group Ltd. Ret on SH Fund 13.50 14.46 13.02 5.22 12.14
RetOn AveAsset 2.64 2.61 2.30 2.20 2.27
ABS
Oper Pft Mgn 68.26 70.44 77.21 38.57 75.07
Div Cover 1.75 1.88 2.73 - 1.53
Interest Mgn 0.04 0.03 0.03 0.03 0.03
LiquidFnds:Dep 0.06 0.05 0.06 0.06 0.06
NUMBER OF EMPLOYEES: 37 107
DIRECTORS: Abdool-Samad T (ind ne),
Beck A E M (ind ne, British), Cummins J J (ind ne, British),
Diogo L D (ind ne, Mozambican), Keanly R A (ind ne),
Mageza N P (ind ne), Mangale A (ind ne),
Mjoli-Mncube N S (ld ind ne),
Rensburg ProfI(ind ne), Tonelli F (ind ne),
van Wyk R (ind ne), Moloko M S (Chair, ind ne),
Rautenbach A (CEO), Raju D (Group FD)
Scan the QR code to POPULAR BRAND NAMES: Absa
ISIN: ZAE000255915 SHORT: ABSA CODE: ABG visit our Investor
REG NO: 1986/003934/06 FOUNDED: 1986 LISTED: 1986 Centre POSTAL ADDRESS: PO Box 7735,
Johannesburg, 2000
NATURE OF BUSINESS: EMAIL: ir@absa.africa
WEBSITE: www.absa.africa
Absa Group (the Group or Absa) which has a primary listing TELEPHONE: 011-350-4000
on the JSE, is incorporated and domiciled in South Africa and COMPANY SECRETARY: Nadine R Drutman
provides retail, business, corporate, investment banking, TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
insurance, financial services and wealth management SPONSORS: Absa Bank Ltd., JP Morgan Equities South Africa (Pty) Ltd.
products and services. The Group operates in 12 African AUDITORS: KPMG Inc., PwC Inc.
countries, United Kingdom, United States of America and BANKERS: Absa Bank Ltd.
employs 37 107 people. CALENDAR Expected Status
TheGroup isoneofSouthAfrica’slargestfinancialservicesor- Next Interim Results 19 Aug 2024 Confirmed
ganisations, serving retail, business and corporate customers Next Final Results Mar 2025 Unconfirmed
and clients in Sub-Saharan Africa. Annual General Meeting Jun 2025 Unconfirmed
The Group has majority stakes in banks in Botswana, Ghana,
Kenya, Mauritius, Mozambique, Seychelles, South Africa, CAPITAL STRUCTURE AUTHORISED ISSUED
Tanzania, Uganda and Zambia. There are also representative ABG Ords 200c ea 950 000 000 894 376 907
offices in New York, London, Namibia and Nigeria as well as DISTRIBUTIONS [ZARc]
bancassurance operations in Botswana, Kenya, Mozambique, Ords 200c ea Ldt Pay Amt
South Africa and Zambia. Final No 73 16 Apr 24 22 Apr 24 685.00
Interim No 72 12 Sep 23 18 Sep 23 685.00
The Group interacts with its customers and clients through a Final No 71 18 Apr 23 24 Apr 23 650.00
combination of physical and electronic channels, offering a Interim No 70 13 Sep 22 19 Sep 22 650.00
comprehensive range of banking services (from basic LIQUIDITY: Jun24 Avg 13m shares p.w., R2 172.4m(77.0% p.a.)
products and services for the low-income personal market, to
BANK 40 Week MA ABSA
customised solutions for the commercial and corporate
20782
markets), financialservices and wealth managementproducts
and services. 18065
SECTOR: Fins—Banks—Banks—Banks 15349
ORDINARY SHAREHOLDERS as at 31 Dec 2023
Newshelf 1405 (Pty) Ltd. 7.00% 12632
Public Investment Corporation (SA) 5.14%
M&G Investments (UK & ZA) 5.06% 9916
FINANCIAL STATISTICS
(R million) Dec 23 Dec 22 Dec 21 Dec 20 Dec 19 2019 | 2020 | 2021 | 2022 | 2023 | 7199
Final Final(rst) Final(rst) Final Final(rst)
Interest Paid 86 407 51 734 36 173 44 194 51 337 Recent Announcements
Interest Rcvd 154 462 112 232 89 495 93 051 97 838 Tuesday, 04 June 2024: Shareholders were advised that at the
Operating Inc 48 938 46 362 37 296 33 482 31 353 hybrid Annual General Meeting (AGM) of Absa Group held on
Tax 7 687 7 952 7 299 3 156 5 772 Tuesday, 4 June 2024, all the ordinary and special resolutions as
Minority Int 2 299 1 873 1 420 1 026 1 372 set out in the notice of the AGM dispatched to shareholders on
Attrib Inc 19 891 20 265 17 763 5 880 14 256
TotCompIncLoss 22 878 15 261 18 210 9 281 14 834 28March2024werepassedonapoll,bytherequisitemajorities.
Ord SH Int 144 586 134 541 129 863 115 671 113 278 Friday, 31 May 2024: Common equity tier 1 (CET1) capital
Minority Int 15 167 13 951 12 802 11 988 10 761 increased during the quarter mainly due to movements in
Dep & OtherAcc 1 339 536 1 241 918 1 173 766 1 048 000 943 716 foreign currency movements attributable to the Group and
Liabilities 1 710 479 1 638 939 1 488 758 1 398 817 1 270 492 minority shareholders equity in the ARO entities combined
Inv & Trad Sec 433 036 427 064 395 835 378 025 278 453 with an increase in the share-based payment reserve.
Adv & Loans 1 271 357 1 213 399 1 092 257 1 014 507 976 723 RWA increase was primarily attributed to higher credit risk and
ST Dep & Cash 77 815 66 429 66 041 60 682 52 532 equity risk which was marginally offset by a reduction in market
Total Assets 1 874 876 1 792 101 1 639 532 1 531 120 1 399 175
risk and threshold risk. Leverage exposure increase was mainly
PER SHARE STATISTICS (cents per share)
driven by an increase in on-balance sheet exposure, combined
EPS (ZARc) 2 400.30 2 443.33 2 139.60 711.80 1 717.60 with marginal increase in off-balance sheet items. This was
HEPS-C (ZARc) 2 422.30 2 408.20 2 147.10 730.90 1 750.10
Pct chng p.a. 0.6 12.2 193.8 - 58.2 2.7 offset by a decrease in derivatives exposure quarter-on.
Tr 5yr av grwth % 30.2 29.8 26.6 - 10.8 2.7 The net stable funding ratio (NSFR) decrease was mainly
DPS (ZARc) 1 370.00 1 300.00 785.00 - 1 125.00 attributabletothefive-yearphase-outofthenationaldiscretion.
Pct chng p.a. 5.4 65.6 - - 100.0 1.4 The Group continued to lengthen and diversify the funding
Tr 5yr av grwth % - 5.5 - 5.9 - 18.2 - 17.6 4.0 base, while optimizing funding costs, to support asset growth,
NAV PS (ZARc) 16 166.12 16 246.00 15 641.00 13 957.00 13 669.00 other strategic initiatives and maintain the strong NSFR.
3 Yr Beta 0.72 1.36 1.48 1.49 0.43 The liquidity risk position remained healthy and key liquidity
Price Prd End 16 371 19 390 15 255 11 986 14 930 metrics were within risk appetite and above the minimum
Price High 20 775 21 100 16 000 15 318 18 822 regulatory requirements.
Price Low 15 070 15 002 11 001 6 330 14 223
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