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 150 billion, which makes about 0.701% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 166.00 |
| Day’s High Price | 169.74 |
| Traded Volume | 2.8M |
| Number of Deals | 6,632 |
| Gross Turnover | 471M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 26.6220 |
| Price/Earning Ratio | 6.31 |
| Dividend Per Share | 14.60 |
| Dividend Yield | 8.69% |
| Shares Outstanding | 894M |
| Market Capitalization | 150B |
ABG Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -2.3% | -9.08% | -9.14% |
| 6MO | 1YR | YTD |
|---|---|---|
| +0.62% | +19.4% | -11.4% |
The current share price of Absa Group Limited (ABG) is ZAR 168.09. ABG closed its last trading day (Thursday, April 24, 2025) at 168.09 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1% gain over its previous closing price of 166.45 ZAR. Absa began the year with a share price of 189.75 ZAR but has since lost 11.4% off that price valuation, ranking it 317th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that ABG has lost 9% of the stock’s value from March 25th to date.
Absa Group is the 23rd most traded stock on the Johannesburg Stock Exchange over the past three months (Jan 23 - Apr 24, 2025). ABG has traded a total volume of 217 million shares—in 513,924 deals—valued at ZAR 39.1 billion over the period, with an average of 3.44 million traded shares per session. A volume high of 9.74 million was achieved on April 3rd, and a low of 1.11 million on February 17th, 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% |
|---|---|---|---|---|
| 2025-04-24 | 2,798,589 | 168.09 | +1.64 | +0.99% |
| 2025-04-23 | 3,230,940 | 166.45 | -6.11 | -3.54% |
| 2025-04-22 | 2,927,850 | 172.56 | +1.56 | +0.91% |
| 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 |
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 (+5.39%) 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 |
|---|---|---|---|---|
| INPP | Investec Plc Preference Shares | 380M | 138.00 | +13.1% |
| INPPR | Investec Plc Preference Shares - Rand | 12.4M | 94.00 | +12.3% |
| CPI | Capitec Bank Holdings Limited | 394B | 3,390.01 | +8.16% |
| FGL | Finbond Group Ltd | 361M | 0.70 | +7.69% |
| SBK | Standard Bank Group Limited | 376B | 227.89 | +2.76% |
| INPR | Investec Ltd Preference Shares | 2.36B | 94.99 | +0.73% |
| CPIP | Capitec Bank Preference Shares | 47.3M | 102.00 | -0.29% |
| SBPP | Standard Bank Preference Shares | 4.89B | 92.22 | -1.89% |
| FSR | FirstRand Limited | 399B | 71.10 | -6.4% |
| INL | Investec Limited | 33.6B | 113.72 | -9.05% |