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Absa Group (Absa Group) Net Interest Income (for Banks) : $3,611 Mil (As of Jun. 2023)


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What is Absa Group Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Absa Group's net interest income for the six months ended in Jun. 2023 was $1,764 Mil. Its net interest income for the trailing twelve months (TTM) ended in Jun. 2023 was $3,611 Mil.

Absa Group's quarterly net interest income increased from Jun. 2022 ($1,807 Mil) to Dec. 2022 ($1,847 Mil) but then declined from Dec. 2022 ($1,847 Mil) to Jun. 2023 ($1,764 Mil).

Absa Group's annual net interest income increased from Dec. 2020 ($3,283 Mil) to Dec. 2021 ($3,355 Mil) and increased from Dec. 2021 ($3,355 Mil) to Dec. 2022 ($3,501 Mil).


Absa Group Net Interest Income (for Banks) Historical Data

The historical data trend for Absa Group's Net Interest Income (for Banks) 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.

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Absa Group Net Interest Income (for Banks) Chart

Absa Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Interest Income (for Banks)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,069.00 3,228.70 3,283.00 3,355.36 3,501.04

Absa Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Net Interest Income (for Banks) 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 1,839.78 1,744.63 1,807.40 1,846.93 1,764.17

Absa Group Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $3,611 Mil.

* 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 (Absa Group) Business Description

Industry
Traded in Other Exchanges
Address
15 Troye Street, 7th Floor, Absa Towers West, PO Box 7735, Johannesburg, GT, ZAF, 2000
Absa Group Ltd is a financial services company that has five main business segments: Product Solutions Cluster, Everyday Banking, Relationship Banking, Absa Regional Operations RBB (ARO RBB), CIB, & Head Office, Treasury, and other operations. The majority is from the Corporate and Investment Bank (CIB) segment which includes prioritized new-to-bank clients across key growth and priority sectors. CIB continued to up-sell and cross-sell new products and services to existing clients. Geographically, the majority is from South Africa.

Absa Group (Absa Group) Headlines

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