Absa Group (JSE:ABG) Retained Earnings: R148,758 Mil (As of Dec. 2025)

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JSE:ABG Absa Group Ltd JSE:ABG
77 GF Score
Price R231.43
GF Value R194.53
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Absa Group Retained Earnings?

Absa Group JSE:ABG +1.46% 77 Retained Earnings is R148,758 Mil as of Dec. 2025. GuruFocus rates JSE:ABG with a GF Score™ of 77/100 and a GF Value™ of R194.53 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Absa Group's retained earnings for the quarter that ended in Dec. 2025 was R148,758 Mil.

Absa Group's quarterly retained earnings increased from Dec. 2024 (R139,199 Mil) to Jun. 2025 (R144,281 Mil) and increased from Jun. 2025 (R144,281 Mil) to Dec. 2025 (R148,758 Mil).

Absa Group's annual retained earnings increased from Dec. 2023 (R130,308 Mil) to Dec. 2024 (R139,199 Mil) and increased from Dec. 2024 (R139,199 Mil) to Dec. 2025 (R148,758 Mil).


Absa Group  (JSE:ABG) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Absa Group Retained Earnings Historical Data

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The historical data trend for Absa Group's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Absa Group Retained Earnings Chart

Absa Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 111,547.00 122,161.00 130,308.00 139,199.00 148,758.00

Absa Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 130,308.00 134,009.00 139,199.00 144,281.00 148,758.00
JSE:ABG
77GF Score
Absa Group Ltd JSE:ABG
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Absa Group Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of R148,758 Mil mean?
Absa Group (JSE:ABG) has a Retained Earnings of R148,758 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Absa Group and its competitors.
Is Absa Group's Retained Earnings too high?
Absa Group's current Retained Earnings is R148,758 Mil. Overall, Absa Group has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Absa Group's Retained Earnings compare to PNC and USB?
Absa Group's Retained Earnings of R148,758 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Banks company?
A good Retained Earnings depends on the Banks industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Absa Group and its competitors. Absa Group's current Retained Earnings is R148,758 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Absa Group stock overvalued right now?
Based on GuruFocus' analysis, Absa Group (JSE:ABG) is currently considered Modestly Overvalued. The stock's GF Value™ is R194.53, compared to a current price of R231.43 — trading 19% above its estimated fair value. The current Retained Earnings is R148,758 Mil. Absa Group's overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Absa Group (JSE:ABG), the current Retained Earnings is R148,758 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Absa Group (JSE:ABG) Overvalued in 2026?

Based on GuruFocus' analysis, Absa Group stock appears to be overvalued. The current stock price of R231.43 is trading 19% above its estimated GF Value™ of R194.53. GuruFocus considers Absa Group to be Modestly Overvalued.

Key valuation signals for JSE:ABG:

  • Retained Earnings: R148,758 Mil
  • GF Value™: R194.53 vs. price of R231.43 (19% above fair value)
  • GF Score™: 77/100 with 1 warning sign

No single metric tells the full story. See the JSE:ABG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Absa Group Business Description

Other Exchanges AGRPY:USAAU61:Germany
Address 15 Troye Street, PO Box 7735, 7th Floor, Absa Towers West, Johannesburg, GT, ZAF, 2000
Absa Group Ltd is a financial services company that has two main business segments: Personal and Private Banking offers a comprehensive range of product and services to the retail consumer segments. Customers are served through an extensive integrated channel network across physical and virtual points of presence, including partnerships, and more increasingly through digital. and Business Banking consists of business units and associated products where a designated client relationship exists. The business provides customers with a single relationship manager, supported by a team of specialists, rather than multiple touchpoints within the Group. Majority of the revenue is earn from Personal and Private Banking.
77GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R231.43
Price
R194.53
GF Value