Page 69 - Profile's Stock Exchange Handbook - 2025 Issue 1

Profile’s Stock Exchange Handbook: 2025 – Issue 1 JSE – ABS
RATIOS
Absa Group Ltd. Ret on SH Fund 13.20 13.50 14.46 13.02 5.22
RetOn AveAsset 2.42 2.46 2.61 2.30 2.20
ABS
Oper Pft Mgn 64.35 65.92 70.44 77.21 38.57
Div Cover 1.73 1.75 1.88 2.73 -
Interest Mgn 0.04 0.04 0.03 0.03 0.03
LiquidFnds:Dep 0.07 0.06 0.05 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 Prof I (ind ne), Tonelli F (ind ne),
van Wyk R (ind ne), Moloko M S (Chair, ind ne),
Russon C (Interim CEO), Raju D (Group FD)
Scan the QR code to POPULAR BRAND NAMES: Absa
ISIN: ZAE000255915 SHORT: ABSA CODE: ABG visit our Investor POSTAL ADDRESS: PO Box 7735, Johannesburg,
REG NO: 1986/003934/06 FOUNDED: 1986 LISTED: 1986 Centre 2000
EMAIL: ir@absa.africa
NATURE OF BUSINESS: 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.
AUDITORS: KPMG Inc., PwC Inc.
products and services. The Group operates in 12 African BANKERS: Absa Bank Ltd.
countries, United Kingdom, United States of America and
employs 37 107 people. CALENDAR Expected Status
TheGroup isoneofSouthAfrica’slargestfinancialservicesor- Next Final Results 11 Mar 2025 Confirmed
ganisations, serving retail, business and corporate customers Annual General Meeting 3 Jun 2025 Confirmed
and clients in Sub-Saharan Africa. Next Interim Results Aug 2025 Unconfirmed
The Group has majority stakes in banks in Botswana, Ghana,
ISSUED
Kenya, Mauritius, Mozambique, Seychelles, South Africa, CAPITAL STRUCTURE AUTHORISED 894 376 907
950 000 000
ABG
Ords 200c ea
Tanzania, Uganda and Zambia. There are also representative DISTRIBUTIONS [ZARc]
offices in New York, London, Namibia and Nigeria as well as Ords 200c ea Ldt Pay Amt
bancassurance operations in Botswana, Kenya, Mozambique, Interim No 74 10 Sep 24 16 Sep 24 685.00
South Africa and Zambia. Final No 73 16 Apr 24 22 Apr 24 685.00
The Group interacts with its customers and clients through a Interim No 72 12 Sep 23 18 Sep 23 685.00
combination of physical and electronic channels, offering a Final No 71 18 Apr 23 24 Apr 23 650.00
comprehensive range of banking services (from basic LIQUIDITY: Dec24 Avg 15m shares p.w., R2 392.3m(86.6% p.a.)
products and services for the low-income personal market, to BANK 40 Week MA ABSA
customised solutions for the commercial and corporate
24085
markets), financialservices and wealth managementproducts
and services. 20708
SECTOR: Fins—Banks—Banks—Banks 17331
ORDINARY SHAREHOLDERS as at 31 Dec 2023
Newshelf 1405 (Pty) Ltd. 7.00% 13953
Public Investment Corporation (SA) 5.14%
M&G Investments (UK & ZA) 5.06% 10576
FINANCIAL STATISTICS 7199
2019 | 2020 | 2021 | 2022 | 2023 | 2024
(R million) Jun 24 Dec 23 Dec 22 Dec 21 Dec 20
Interim Final Final(rst) Final(rst) Final
Interest Paid 49 109 86 407 51 734 36 173 44 194 Recent Announcements
Interest Rcvd 84 419 154 462 112 232 89 495 93 051 Friday, 29 November 2024: The Groups capital ratios have decreased
Operating Inc 23 310 45 585 46 362 37 296 33 482 due to the R44.7bn growth in risk weighted assets (RWA). RWA
Tax 3 600 7 687 7 952 7 299 3 156 increased due to higher operational risk and credit risk which was
Minority Int 1 466 2 299 1 873 1 420 1 026 marginallyoffsetbyareductioninmarketrisk,andthresholdRWA.
Attrib Inc 9 845 19 891 20 265 17 763 5 880 Groupcommonequitytier1(CET1)capitaldecreasedprimarilydue
TotCompIncLoss 12 343 22 878 15 261 18 210 9 281 to the foreign currency translation reserve of R2.4bn offset by an
Ord SH Int 149 298 144 586 134 541 129 863 115 671 improvement in the available for sale reserve of R1.4bn.
Minority Int 17 415 15 167 13 951 12 802 11 988 The Group’s tier 2 capital includes the redemption of tier 2 capital
Dep & OtherAcc 1 395 345 1 339 536 1 241 918 1 173 766 1 048 000 instruments of R1.4bn and issuances amounting to R3.0bn.
Liabilities 1 779 914 1 710 479 1 638 939 1 488 758 1 398 817 Leverage exposure increased due to an increase in on-balance sheet
Inv & Trad Sec 456 241 433 036 427 064 395 835 378 025 exposure, combined with an increase in derivatives and securities
Adv & Loans 1 306 110 1 271 357 1 213 399 1 092 257 1 014 507 financing transaction exposure. This was offset by a marginal
ST Dep & Cash 91 259 77 815 66 429 66 041 60 682 decrease in off-balance sheet items quarter-on-quarter.
Total Assets 1 953 354 1 874 876 1 792 101 1 639 532 1 531 120 The Group liquidity coverage ratio (LCR) reflects an aggregation of
the Bank LCR and the LCR ofthe AbsaRegional Operations (ARO).
PER SHARE STATISTICS (cents per share)
For this purpose, a simple average of the relevant three month-end
EPS (ZARc) 1 188.00 2 400.30 2 443.33 2 139.60 711.80 data points is used for ARO, noting that ARO LCR is capped at
HEPS-C (ZARc) 1 228.40 2 422.30 2 408.20 2 147.10 730.90 100% per the minimum regulatory requirements. For the Bank, the
Pct chng p.a. 1.4 0.6 12.2 193.8 - 58.2 LCR was calculated as a simple average of 90 calendar-day LCR
Tr 5yr av grwth % - 30.2 29.8 26.6 - 10.8
DPS (ZARc) 685.00 1 370.00 1 300.00 785.00 - observations.
The liquidity risk position remained healthy and key liquidity
Pct chng p.a. - 5.4 65.6 - - 100.0 metrics were within risk appetite and above the minimum
Tr 5yr av grwth % - - 5.5 - 5.9 - 18.2 - 17.6 regulatory requirements.
NAV PS (ZARc) 18 014.00 17 440.00 16 246.00 15 641.00 13 957.00 The Group continued to lengthen and diversify the funding base,
3 Yr Beta 0.69 0.72 1.36 1.48 1.49 while optimizing funding costs, to support asset growth, other
Price Prd End 15 845 16 371 19 390 15 255 11 986 strategic initiatives and maintain the strong net stable funding ratio
Price High 18 399 20 775 21 100 16 000 15 318 (NSFR).
Price Low 13 683 15 070 15 002 11 001 6 330
67