ABG - Absa Group Limited
Absa Group Limited is a diversified financial services provider offering integrated set of products and services across personal, business, corporate, and investment banking, as well as credit cards, insurance, and wealth and investment management. Listed on the JSE, the Absa Group is one of Africa’s largest diversified financial services groups with a presence in 12 countries across Africa. With its long-standing operations in the continental markets and its regional and global expertise, Absa has a strong platform to capture the growth opportunity in Africa.
Absa Group currently has operating banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, the Seychelles, South Africa, Tanzania (Absa Bank Tanzania and National Bank of Commerce), Uganda, and Zambia. Additionally, the group has banking offices in Namibia and Nigeria, as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania, and Zambia. On the ultra-continental stage, Absa Group has presence in London, operating as Absa Securities UK, and also a representative office in New York.
Absa Group Limited is listed on the Johannesburg Stock Exchange (JSE). Absa is traded on the JSE under the ticker symbol “ABG”. The International Securities Identification Number (ISIN) of JSE:ABG is ZAE000255915. Absa Group Limited is currently the 21st most valuable stock on the JSE with a market capitalization of ZAR 153 billion, which makes about 0.732% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 170.99 |
| Day’s High Price | 174.03 |
| Traded Volume | 3.43M |
| Number of Deals | 8,424 |
| Gross Turnover | 590M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 26.6220 |
| Price/Earning Ratio | 6.42 |
| Dividend Per Share | 14.60 |
| Dividend Yield | 8.54% |
| Shares Outstanding | 894M |
| Market Capitalization | 153B |
ABG Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +4.65% | -7.5% | -10.6% |
| 6MO | 1YR | YTD |
|---|---|---|
| -0.48% | +24.1% | -9.88% |
The current share price of Absa Group Limited (ABG) is ZAR 171.00. ABG closed its last trading day (Thursday, April 17, 2025) at 171.00 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.6% drop from its previous closing price of 172.00 ZAR. Absa began the year with a share price of 189.75 ZAR but has since lost 9.88% off that price valuation, ranking it 289th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that ABG has lost 8% of the stock’s value from March 19th to date.
Absa Group is the 22nd most traded stock on the Johannesburg Stock Exchange over the past three months (Jan 20 - Apr 17, 2025). ABG has traded a total volume of 212 million shares—in 504,183 deals—valued at ZAR 38.4 billion over the period, with an average of 3.37 million traded shares per session. A volume high of 9.74 million was achieved on April 3rd, and a low of 821,524 on January 21st, for the same period. The table below details the last 10 trading days of activity of Absa on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2025-04-17 | 3,431,658 | 171.00 | -1.00 | -0.58% |
| 2025-04-16 | 3,130,893 | 172.00 | -0.05 | -0.03% |
| 2025-04-15 | 3,236,073 | 172.05 | +1.74 | +1.02% |
| 2025-04-14 | 4,226,437 | 170.31 | +10.21 | +6.38% |
| 2025-04-11 | 2,740,516 | 160.10 | -3.30 | -2.02% |
| 2025-04-10 | 3,914,215 | 163.40 | +6.74 | +4.30% |
| 2025-04-09 | 5,082,261 | 156.66 | -9.99 | -5.99% |
| 2025-04-08 | 4,692,797 | 166.65 | +5.43 | +3.37% |
| 2025-04-07 | 7,289,987 | 161.22 | +3.17 | +2.01% |
| 2025-04-04 | 5,952,866 | 158.05 |
Profile of Absa Group Limited
Absa Group Limited was founded on October 2, 1986 and operates in the Financials sector, specifically, the Banking industry. Absa Group contracts an estimated total number of 40,856 employees.
Factsheet of Absa Group Limited
- Sector
- Financials
- Industry
- Banking
- Address
- 7th Floor, Absa Towers West, 15 Troye Street, Johannesburg, 2001, South Africa
- Telephone
- +27-11-350-4000
- ir@absa.africa
- Website
- www.absa.africa
ABG Industrial Market Competitors
Absa Group Limited, issuers of the ABG and Absa Bank Preference Shares (+7.84%) stocks on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Banking industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| INPPR | Investec Plc Preference Shares - Rand | 13.1M | 99.90 | +19.4% |
| INPP | Investec Plc Preference Shares | 380M | 138.00 | +13.1% |
| FGL | Finbond Group Ltd | 371M | 0.72 | +10.8% |
| SBK | Standard Bank Group Limited | 370B | 224.30 | +1.15% |
| CPIP | Capitec Bank Preference Shares | 47.3M | 102.00 | -0.29% |
| INPR | Investec Ltd Preference Shares | 2.33B | 94.00 | -0.32% |
| CPI | Capitec Bank Holdings Limited | 359B | 3,092.12 | -1.35% |
| SBPP | Standard Bank Preference Shares | 4.85B | 91.50 | -2.66% |
| FSR | FirstRand Limited | 391B | 69.68 | -8.27% |
| INL | Investec Limited | 33B | 111.88 | -10.5% |