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Absa Group Ltd ADR AGRPY

Rating as of

Morningstar’s Analysis

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Currency in USD
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1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

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Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.

Company Profile

Business Description

Absa Group Ltd is a financial-services company that has three main business segments: retail and business banking; corporate and investment banking; and wealth, investment management, and insurance. Retail and business banking includes various types of loans and credit cards, and that segment generates most of the firm's revenue. Overall, more than half of the firm's total revenue comes from net interest income. The firm also generates revenue through fees, insurance premiums, and commissions. Barclays Africa operates in roughly a dozen African countries, but the vast majority of its business is in South Africa.

Contact
15 Troye Street, 7th Floor, Absa Towers West
Johannesburg, 2001, South Africa
T +27 113504000
Sector Financial Services
Industry Banks - Regional
Most Recent Earnings
Fiscal Year End Dec 31, 2020
Stock Type
Employees 36,737