ABSA - Absa Bank Kenya Plc
Absa Bank Kenya Plc, formerly Barclays Bank of Kenya Ltd, is a Kenya-based provider of financial services. The bank operates in two segments: Consumer Banking and Corporate Banking. The Consumer Banking segments is engaged in incorporating private customer current accounts, savings, deposits, credit and debit cards, consumer loans and mortgages. The Corporate Banking segment is engaged in incorporating direct debit facilities, current accounts, deposits, overdrafts, loan and other credit facilities, foreign currency dealings and derivative products. Its loans includes Barclayloan, scheme Loan, payroll Loan, salary advance, expatriate loan, secured loan, auto loan and mortgages. Its credit cards include Barclaycard Visa Classic, Barclaycard Visa Gold, Barclays Premier, League card, Company card and Secured Gold. Its business banking includes accounts, loans and business club. Its electronic banking includes Internet banking, mobile banking, cash send and Barclays Pingit.
Absa Bank Kenya Plc is listed on the Nairobi Securities Exchange (NSE). Absa is traded on the NSE under the ticker symbol “ABSA”. The International Securities Identification Number (ISIN) of NSE:ABSA is KE0000000067. Absa Bank Kenya Plc is currently the eighth most valuable stock on the NSE with a market capitalization of KES 70.6 billion, which is about 4.15% of the Nairobi Securities Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | 12.90 |
| Day’s Low Price | 12.80 |
| Day’s High Price | 13.00 |
| Traded Volume | 35,200 |
| Number of Deals | 35 |
| Gross Turnover | 454,310.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 5.43B |
| Market Capitalization | 70.6B |
ABSA Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -2.26% | -5.45% | +12.1% |
| 6MO | 1YR | YTD |
|---|---|---|
| +9.24% | +2.36% | +13.5% |
The current share price of Absa Bank Kenya Plc (ABSA) is KES 12.80. ABSA closed its last trading day (Thursday, April 18, 2024) at 13.00 KES per share on the Nairobi Securities Exchange (NSE), recording a 1.5% drop from its previous closing price of 13.20 KES. Absa began the year with a share price of 11.45 KES and has since gained 13.5% on that price valuation, ranking it 18th on the NSE in terms of year-to-date performance. Investors should, however, take caution of ABSA’s recent bad performance, having lost 5% of its value in the past four weeks.
Absa Bank Kenya is the eighth most traded stock on the Nairobi Securities Exchange over the past three months (Jan 18 - Apr 18, 2024). ABSA has traded a total volume of 26 million shares—in 3,516 deals—valued at KES 345 million over the period, with an average of 412,213 traded shares per session. A volume high of 5.42 million was achieved on March 21st, and a low of 15,900 on February 20th, for the same period. The table below details the last 10 trading days of activity of Absa Bank Kenya on the Nairobi Securities Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-04-18 | 1,487,700 | 13.00 | -0.20 | -1.52% |
| 2024-04-17 | 162,400 | 13.20 | -0.25 | -1.86% |
| 2024-04-16 | 684,600 | 13.45 | -0.05 | -0.37% |
| 2024-04-15 | 199,100 | 13.50 | -0.05 | -0.37% |
| 2024-04-12 | 296,800 | 13.55 | +0.25 | +1.88% |
| 2024-04-11 | 72,500 | 13.30 | -0.25 | -1.85% |
| 2024-04-09 | 160,700 | 13.55 | -0.10 | -0.73% |
| 2024-04-08 | 1,010,000 | 13.65 | -0.35 | -2.50% |
| 2024-04-05 | 911,100 | 14.00 | +0.10 | +0.72% |
| 2024-04-04 | 31,600 | 13.90 |
Profile of Absa Bank Kenya Plc
Absa Bank Kenya Plc operates in the Financials sector, specifically, the Banking industry.
Factsheet of Absa Bank Kenya Plc
- Sector
- Financials
- Industry
- Banking
- Address
- The West End Building, Waiyaki Way, P.O. Box 30120, code 00100, Nairobi, Kenya
- Telephone
- +254-204254000
- —
- Website
- www.barclays.co.ke
ABSA Industrial Market Competitors
Absa Bank Kenya Plc, issuers of the ABSA stock on the Nairobi Securities 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 |
|---|---|---|---|---|
| EQTY | Equity Group Holdings Limited | 168B | 44.40 | +32% |
| IMH | I&M Holdings Plc | 35.9B | 21.70 | +24% |
| KCB | KCB Group | 87.2B | 27.15 | +24% |
| NCBA | NCBA Group Plc | 74.1B | 45.00 | +15.5% |
| BKG | BK Group Plc | 31.8B | 35.50 | -0.84% |
| LBTY | Liberty Kenya Holdings Limited | 2.66B | 4.96 | +34.4% |
| SCBK | Standard Chartered Bank Limited | 73.7B | 195.00 | +20.4% |
| COOP | Co-operative Bank of Kenya Limited | 79.2B | 13.50 | +18.4% |
| HFCK | HF Group Limited | 1.58B | 4.12 | +18.4% |
| DTK | Diamond Trust Bank Kenya Limited | 14B | 50.00 | +11% |
