Absa Group reported profit that exceeded analysts’ forecasts as South Africa, the lender’s home market, recovers from years ...

Absa Group earnings increased 10% in 2024, underpinned by a material improvement in the second half, demonstrating meaningful ...

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Absa Group has reported a 10% increase in headline earnings per share for the year ending December 2024, showcasing strong ...

Absa Group reported strong earnings of R22.1 billion ($1.2 billion) for the 2024 financial year, representing a 10 per cent increase from the previous year. This improvement follows a robust ...

Nedbank chief executive Jason Quinn lost R60 million in long-term incentive awards when he left Absa to join his current ...

Impairments dropped 8% to 14.3 billion rand, which helped the lender’s credit-loss ratio — a measure of bad loans as a percentage of the total book — improve to 1.03% for the period. That’s still ...

Salient points Revenue increased 5% to R109.9 billion Operating costs rose 5% to R58.5 billion Cost-to-income ratio unchanged ...