ABSA GROUP LIMITED |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 137.8 ZAR | -5.31% |
|
-8.24% | -15.84% |
| Apr. 02 | South African factory activity declines in March - Absa PMI | RE |
| Mar. 21 | AFRICA-FX- Kenya's shilling to hold steady, Nigerian naira to firm | RE |
Business Summary
- commercial bank, business, investment and market bank;
- wealth management;
- insurance.
At the end of 2022, the group had ZAR 1,241.9 billion in current deposits and ZAR 1,213.4 billion in current loans.
Number of employees: 37,107
Sales per Business
| ZAR in Million | 2022 | Weight | 2023 | Weight | Delta |
|---|---|---|---|---|---|
Corporate and Investment Banking
28.5
%
| 26,783 | 27.1 % | 29,864 | 28.5 % | +11.50% |
Everyday Banking
26.8
%
| 26,487 | 26.8 % | 28,049 | 26.8 % | +5.90% |
Absa Regional Operations Retail and Banking
15.6
%
| 13,854 | 14.0 % | 16,282 | 15.6 % | +17.53% |
Relationship Banking
14.5
%
| 14,442 | 14.6 % | 15,212 | 14.5 % | +5.33% |
Product Solutions Cluster
13.0
%
| 14,356 | 14.5 % | 13,652 | 13.0 % | -4.90% |
Head Office, Treasury and Other Operations
1.4
%
| 2,952 | 3.0 % | 1,471 | 1.4 % | -50.17% |
Barclays Separation Effects
0.1
%
| 44 | 0.0 % | 112 | 0.1 % | +154.55% |
Sales per region
| ZAR in Million | 2022 | Weight | 2023 | Weight | Delta |
|---|---|---|---|---|---|
South Africa
70.6
%
| 74,286 | 75.1 % | 73,926 | 70.6 % | -0.48% |
Rest of Africa
29.4
%
| 24,632 | 24.9 % | 30,716 | 29.4 % | +24.70% |
Managers
| Managers | Title | Age | Since |
|---|---|---|---|
Arrie Rautenbach
CEO | Chief Executive Officer | 58 | 96-12-31 |
Chris Snyman
DFI | Director of Finance/CFO | - | 07-12-31 |
Johnson Idesoh
CTO | Chief Tech/Sci/R&D Officer | 53 | 22-12-31 |
Akash Singh
CMP | Compliance Officer | 51 | 18-07-31 |
Alan Hartdegen
IRC | Investor Relations Contact | - | - |
Deon Raju
PRN | Corporate Officer/Principal | 46 | - |
Prabashni Naidoo
AUD | Comptroller/Controller/Auditor | 47 | 21-01-03 |
Punki Modise
PRN | Corporate Officer/Principal | - | 07-12-31 |
Sydney Mbhele
SAM | Sales & Marketing | 50 | 22-12-31 |
| Corporate Secretary | - | - |
Members of the board
| Members of the board | Title | Age | Since |
|---|---|---|---|
Nkateko Mageza
COO | Chief Operating Officer | 68 | 99-12-31 |
| Director/Board Member | 48 | 18-01-31 | |
René van Wyk
CEO | Chief Executive Officer | 67 | 17-01-31 |
Arrie Rautenbach
CEO | Chief Executive Officer | 58 | 96-12-31 |
Fulvio Tonelli
BRD | Director/Board Member | 64 | 20-06-30 |
Rose Keanly
BRD | Director/Board Member | 65 | 19-08-31 |
Ihron Rensburg
BRD | Director/Board Member | 64 | 19-09-30 |
Punki Modise
PRN | Corporate Officer/Principal | - | 07-12-31 |
Luisa Diogo
BRD | Director/Board Member | - | 23-08-31 |
Chris Snyman
DFI | Director of Finance/CFO | - | 07-12-31 |
Share class
| Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
|---|---|---|---|---|---|
| Stock A | 1 | 894,376,907 | 765,566,376 ( 85.60 %) | 65,322,253 ( 7.304 %) | 85.60 % |
Holdings
| Name | Equities | % | Valuation |
|---|---|---|---|
ABSA BANK LIMITED 100.00% | 145,691,959 | 100.00% | 5,908,847,721 $ |
ABSA GROUP LIMITED 7.30% | 65,322,253 | 7.30% | 510,987,243 $ |
ABSA BANK BOTSWANA LIMITED 67.82% | 577,964,146 | 67.82% | 272,371,383 $ |
Company contact information
Absa Group Ltd.
Absa Towers West 15 Troye Street
2001, Johannesburg
+27 80 041 4141
http://www.absa.africa
Group companies
| Name | Category and Sector |
|---|---|
NewGold Issuer (RF) Ltd.
 NewGold Issuer (RF) Ltd. Finance/Rental/LeasingFinance NewGold Issuer (RF) Ltd. engages in the provision of exchange traded fund services. It enables investors to invest in debt instruments, the value of which tracks the price of gold bullion, platinum, and palladium. The company was founded on May 27, 2004 and is headquartered in Johannesburg, South Africa. |
Finance/Rental/Leasing
|
Absa Asset Management Pty Ltd.
 Absa Asset Management Pty Ltd. Investment ManagersFinance Absa Asset Management Pty Ltd. provides asset management services. Its products and services include Segregated Mandates, Pooled Mandates, Client Service and Investments Performance. The company is headquartered in Parktown, South Africa. |
Investment Managers
|
Absa Securities Nigeria Ltd.
| |
Absa Capital Markets Nigeria Ltd.
| |
Absa Securities United Kingdom Ltd.
 Absa Securities United Kingdom Ltd. Financial ConglomeratesFinance Part of Absa Group Ltd., Absa Securities United Kingdom Ltd. is a British banking services company founded in 2017. The private company is based in London, UK. Absa Securities United Kingdom offers a range of banking services including opening bank accounts, getting loans, and signing up for internet banking. The company also provides a debit order switching service and have a sponsorship portfolio that includes the Absa Premier League and KKNK Festival. The company uses multiple methods to fight fraud and keep their customers' money and identity safe. The Absa Security Centre offers ways to report suspected fraud activities. Customers can use the locator to find an Absa branch or ATM close to them. |
Financial Conglomerates
|
Newfunds (RF) Pty Ltd.
 Newfunds (RF) Pty Ltd. Investment ManagersFinance Part of Sanlam Ltd., Newfunds (RF) Pty Ltd. is a South African company that provides investment management services. The private company is based in Johannesburg, South Africa. |
Investment Managers
|
AliceRose Nominee (Pty) Ltd.
| |
Goudstad Nominees (Pty) Ltd.
 Goudstad Nominees (Pty) Ltd. Regional BanksFinance Goudstad Nominees (Pty) Ltd. is a South African company that acts as a nominee, trust, and depository. The private company is located in South Africa. |
Regional Banks
|
Absa Securities Botswana Pty Ltd.
|
Sales per Business
Sales per region
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -15.84% | 6B | |
| -6.94% | 85.84B | |
| -19.56% | 17.4B | |
| -2.21% | 12.05B | |
| +35.51% | 8.32B | |
| -2.29% | 4.35B | |
| +21.46% | 4.3B | |
| -18.11% | 3.05B | |
| -9.12% | 2.51B | |
| -22.23% | 2.52B |
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