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Absa Bank Ltd
JSE:ABSP

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Absa Bank Ltd
JSE:ABSP
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Price: 87 199 Zac 0.34% Market Closed
Market Cap: 395.2B Zac
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Absa Bank Ltd
Net Interest Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Absa Bank Ltd
Net Interest Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Interest Income CAGR 3Y CAGR 5Y CAGR 10Y
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Absa Bank Ltd
JSE:ABSP
Net Interest Income
zar42.4B
CAGR 3-Years
10%
CAGR 5-Years
8%
CAGR 10-Years
7%
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Absa Bank Ltd
Glance View

Market Cap
395.2B Zac
Industry
Banking

Absa Bank Ltd., one of Africa's largest financial services providers, has evolved over the years into a powerhouse in the banking sector. Originally established in 1991 as a subsidiary of the Barclays Group, Absa rooted itself deeply in the African continent's socio-economic fabric. Following its restructuring into a fully independent entity in 2018, the bank has embraced a transformative journey, focusing on local responsiveness while harnessing the agility and expertise inherent in its global connections. Absa offers a comprehensive range of services, including retail banking, corporate and investment banking, wealth management, and insurance, capturing a significant share of the market across personal, business, and corporate sectors. For investors, Absa represents a remarkable blend of stability and growth potential. The bank’s strategic initiatives aim to enhance digital banking capabilities, improve customer service, and advance financial inclusion across the continent, particularly in underserved markets. With a robust balance sheet and a strong focus on sustainable practices, Absa is well-positioned to navigate the challenges and opportunities in the African financial landscape. Furthermore, its commitment to technology and innovation serves as a beacon for future growth, making it an enticing prospect for investors looking to capitalize on Africa's burgeoning economic potential while enjoying the safety of a highly respected banking institution.

ABSP Intrinsic Value
Not Available
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See Also

What is Absa Bank Ltd's Net Interest Income?
Net Interest Income
42.4B ZAR

Based on the financial report for Dec 31, 2022, Absa Bank Ltd's Net Interest Income amounts to 42.4B ZAR.

What is Absa Bank Ltd's Net Interest Income growth rate?
Net Interest Income CAGR 10Y
7%

Over the last year, the Net Interest Income growth was 11%. The average annual Net Interest Income growth rates for Absa Bank Ltd have been 10% over the past three years , 8% over the past five years , and 7% over the past ten years .

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