Amalgamated Banks Of South Africa ( ABSA ) Investor Relations

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Amalgamated Banks Of South Africa ( ABSA ) Investor Relations

Information for shareholders, investors, and other interested stakeholders including our financial results, publications and presentations.

Salient features

30 June
31 December
2024
2024
2024
Statement of comprehensive income (Rm)
Revenue 24 522 24 467 48 801
Operating expenses 14 236 13 115 27 525
Profit attributable to ordinary equity holders 4 936 4 452 9 568
Headline earnings 4 957 4 641 9 778
Statement of financial position
Total assets (Rm) 936 703 947 241 918 311
Financial performance (%)
Return on average equity 15.1 16.1 16.3
Return on average assets 1.08 1.00 1.06
Return on average risk-weighted assets 2.02 1.90 1.96
Operating performance (%)
Non-interest income as a % of revenue 41.2 41.1 41.0
Cost-to-income ratio 58.1 53.6 56.4
JAWS (8.32) 6.14 1.62
Effective tax rate, excluding indirect taxation 27.0 27.4 25.9
Share statistics (million) 
Number of ordinary shares in issue 448.3 420.1 431.3
Weighted average number of ordinary shares in issue 433.1 413.2 417.6
Weighted average diluted number of ordinary shares in issue 433.1 413.2 417.6
Share statistics (cents)
Headline earnings per ordinary share 1 144.5 1 123.2 2 340.9
Diluted headline earnings per ordinary share 1 144.5 1 123.2 2 340.9
Basic earnings per ordinary share 1 139.7 1 077.4 2 290.6
Diluted basic earnings per ordinary share 1 139.7 1 077.4  2 290.6
Net asset value per ordinary share 15 046 14 181 14 984
Tangible net asset value per ordinary share 14 563 13 746 14 442
Capital adequacy (%)
Absa Bank Limited 15.2 14.0 15.1
Common Equity Tier 1 (%)
Absa Bank Limited 11.9 10.8 11.6

Bank Reports

Report
Size
Annual consolidated and separate financial statements 31 December 2024 1.43Mb
Audited summary consolidated financial results for the reporting period ended 31 December 2024 2.88Mb
Annual consolidated and separate financial statements 31 December 2024 2.24Mb
Annual consolidated and separate financial statements 31 December 2014 2.85Mb
Annual consolidated and separate financial statements 31 December 2013 1.65Mb
Annual consolidated and separate financial statements (including risk) 31 December 2012 2.93Mb
Annual Report 31 December 2011 1.89Mb
Consolidated and separate financial statements 31 December 2011 1.25Mb
Capital and Risk management report 31 December 2011 1.52Mb
Provisional Audited Financial Statements for 31 December 2011 344Kb
Annual Report Year ended 31 December 2010 1.75Mb
Annual Report Year ended 31 December 2009 1.53Mb
Shareholder Report Year ended 31 December 2008 1.47Mb
Shareholder Report Year ended 31 December 2007 2.12Mb
Annual Report 12 months ended 31 December 2006 4.00Mb

JSE SENS and regulatory announcements

DATE TITLE SIZE
2024
29/09/2024 Absa Basel Pillar 3 capital annexure B main features disclosure, 29 September 2024 191kb
22/09/2024 Absa Basel Pillar 3 capital annexure B main features disclosure, 22 September 2024 90kb
30/08/2024 Absa Basel Pillar 3 capital annexure B main features disclosure, 31 August 2024 232kb
28/07/2024 Absa Bank interim results, 30 June 2024 2mb
31/05/2024 Absa Bank Basel Pillar 3 capital annexure B main features disclosure, 31 May 2024 4.25mb
12/05/2024 Absa Bank Basel Pillar 3 capital annexure B main features disclosure, 31 May 2024 182kb
23/03/2024 Absa Bank Basel Pillar 3 capital annexure B main features disclosure, 31 March 2024 320kb
23/02/2024 Absa Bank Full year 2024 results 2.95mb
2024
15/11/2024 Absa Bank Basel Pillar 3 capital 179kb
25/08/2024 Absa Bank Basel Pillar 3 capital annexure B main features disclosure, August 2024 134kb
29/07/2024 Absa Bank interim results 30 June 2024 564kb
31/05/2024 Bank Basel Pillar 3 capital B main features disclosure 131kb
01/03/2024 Absa Bank Limited results 770kb
2024
30/09/2024 Basel Pillar 3 capital annexure B main features disclosure 54kb
29/07/2024 Interim results 2024 2.28mb
31/03/2024 Basel Pillar 3 capital annexure B main features disclosure 80kb
03/03/2024 Full year 2014 results 896kb
28/02/2024 Basel Pillar 3 capital disclosure annexure B Main features disclosure 104kb
2014
30/11/2014 Basel Pillar 3 capital disclosure annexure B Main features disclosure 104kb
30/07/2014 Absa Bank Limited interim results 30 June 2014 1.55mb
28/03/2014 Basel Pillar 3 capital disclosure 64kb
11/02/2014 Full year 2013 results 420kb
2013
30/07/2013 Absa Bank Limited interim results 30 June 2013 2.18mb
21/02/2013 Non-executive director changes to Absa boards of directors 104kb
12/02/2013 Financial Results: Consolidated Year ended 31 December 2012 676kb
2012
06/11/2012 Appointment of Chairman 73kb
27/07/2012 Absa Bank Limited results 30 June 2012 739kb
10/04/2012 Appointment of Absa Capital as joint sponsor 16kb
14/03/2012 Results of Absa Bank Limited General Meeting 12kb
09/03/2012 Absa Bank Ltd Dividend Witholding Tax Increase 16kb
13/02/2012 Absa Bank Ltd Further announcement re dividend withholding tax 16kb
10/02/2012 Absa Bank Limited results 31 December 2011 256kb
06/02/2012 Absa Bank Ltd Dividend Withholding Tax 16kb
2011
02/08/2011 Absa Bank Limited Interim Results 30 June 2011 120kb
15/02/2011 Absa Bank Limited results 31 December 2010 260kb
2010
10/09/2010 Absa Bank – Premature Release of Interim Results 76kb
11/08/2010 Absa JSE Statement 8kb
05/08/2010 Absa Bank Limited interim results 30 June 2010 212kb
16/02/2010 Absa Bank Limited results 31 December 2009 112kb
12/02/2010 Absa Bank change to executive – David Hodnett 11kb

Dividends

Key Dates

Key dates for the annual dividend for the reporting period 31 December 2024 and the interim dividend ended 30 June 2024.

Date
Event
Interim
28 July 2024 Interim results announcement
28 July 2024 Interim dividend declaration date
5 September 2024 Last day to trade
6 September 2024 Ex-dividend date
8 September 2024 Final dividend record date
11 September 2024 Final dividend payment date
* Please note that these dates are provisional and are subject to change

Our dividend history

Reporting period Number Declaration Payment date Amount (cents per share)
June-17 23 28 July 2024 11 September 2024 3 685.0
December-16 22 23 February 2024 10 April 2024 3 644,7
June-16 21 29 July 2024 12 September 2024 3 696,5
December-15 20 1 March 2024 11 April 2024 3 395,4
June-15 19 29 July 2024 14 September 2024 3 282,8
December-14 18 2 March 2024 30 March 2024 3 210,9
June-14 17 30 July 2014 15 September 2024 3 197,5
December-13 16 10 February 2014 30 March 2014 2 979,3
June-13 15 30 July 2013 16 September 2013 2 999,5
December-12 14 12 February 2013 8 April 2013 2 950,6
June-12 13 27 July 2012 10 September 2012 3 134,7
December-11 12 10 February 2012 2 April 2012 2 827,2
June-11 11 2 August 2011 29 August 2011 2 858,3
December-10 10 15 February 2011 14 March 2011 2 887,6
June-10 9 4 August 2010 30 August 2010 3 197,5
December-09 8 16 February 2010 15 March 2010 3 280,3
S&P’s: 07 August 2024
Moody’s: 17 July 2024
 
 
Barclays Africa Group
Absa Bank
Barclays Africa Group
Absa Bank
National  
Short-term zaA-2 zaA-1+ Prime-1.za Prime-1.za
Long-term zaA- zaAA Aa3.za Aa1.za
Outlook        
Local Currency        
Short-term     Not-Prime Prime-3
Long-term     Ba1 Baa3
Outlook     Negative Negative
Foreign Currency        
Short-term     Not-Prime Prime-3
Long-term     Ba1 Baa3
Outlook     Negative Negative
Bank Financial Strength        
Baseline Credit Assessment       Baa3
Group credit profile bbb- bbb-    
Support   -1   –
Counterparty Risk1       Baa2 (cr)/P-2 (cr)
1The CR Assessment is an opinion of the counterparty risk related to a banks covered bonds, contractual performance obligations (servicing), derivatives, letters of credit, guarantees and liquidity facilities and was first assigned on 23 June 2024 following the publication of Moody’s new bank rating methodology.
Standard and Poor’s ratings services have revised the national scale ratings on financial institutions.

Domestic Medium Term Note Programme

Issue Date Name Size
21/10/2014 DMTN Programme Memorandum 4,45mb
13/01/2012 Notice of DMTN increase 82kb
11/08/2008 DMTN Programme Memorandum 768kb