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Absa Bank Ltd
JSE:ABSP

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Absa Bank Ltd
JSE:ABSP
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Price: 87 101 Zac -0.11% Market Closed
Market Cap: 394.8B Zac
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Net Margin
Absa Bank Ltd

16.9%
Current
12%
Average
22.8%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
16.9%
=
Net Income
11.3B
/
Revenue
66.8B

Net Margin Across Competitors

Country ZA
Market Cap 395.2B Zac
Net Margin
17%
Country US
Market Cap 699.7B USD
Net Margin
30%
Country ZA
Market Cap 407.1B Zac
Net Margin
19%
Country ZA
Market Cap 391.9B Zac
Net Margin
25%
Country US
Market Cap 361.4B USD
Net Margin
22%
Country CN
Market Cap 2.2T CNY
Net Margin
41%
Country US
Market Cap 254.1B USD
Net Margin
21%
Country CN
Market Cap 1.6T CNY
Net Margin
36%
Country CN
Market Cap 1.4T CNY
Net Margin
33%
Country CN
Market Cap 1.3T CNY
Net Margin
42%
Country CA
Market Cap 246.9B CAD
Net Margin
29%
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Absa Bank Ltd
Glance View

Market Cap
394.8B 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

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What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
16.9%
=
Net Income
11.3B
/
Revenue
66.8B
What is the Net Margin of Absa Bank Ltd?

Based on Absa Bank Ltd's most recent financial statements, the company has Net Margin of 16.9%.