Absa Group (Absa Group) Other Noninterest Expense : $4,071 Mil (As of Jun. 2023)

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What is Absa Group Other Noninterest Expense?

Absa Group's other noninterest expense for the six months ended in Jun. 2023 was $1,918 Mil. Its other noninterest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $4,071 Mil.

Absa Group Other Noninterest Expense Historical Data

The historical data trend for Absa Group's Other Noninterest Expense 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 Other Noninterest Expense Chart

Absa Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Other Noninterest Expense

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3,440.60

3,671.26

4,399.74

3,434.77

3,609.43

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
Other Noninterest Expense	Get a 7-Day Free Trial															2,072.00	1,883.64	1,917.30	2,153.01	1,918.29

Absa Group Other Noninterest Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For banks, GuruFocus lists Selling, General, & Admin. Expense and Other Noninterest Expense under the Total Noninterest Expense section.

Other Noninterest Expense incurred by banks sometimes includes:
Occupancy
Equipment
Professional fees
Amortization of intangibles
Other (too numerous to list)

Some banks can do choose to report each of these items separately. Yet, there are a variety of other noninterest expense which are simply too numerous to list.

Other Noninterest Expense 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 $4,071 Mil.

Absa Group (Absa Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Absa Group Ltd (OTCPK:AGRPY) » Definitions » Other Noninterest Expense

Comparable Companies

Traded in Other Exchanges

ABG:South Africa AGRPF:USA AU61:Germany

Address

15 Troye Street, 7th Floor, Absa Towers West, PO Box 7735, Johannesburg, GT, ZAF, 2000

Website

https://www.absa.africa

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

From GuruFocus

Unraveling Absa Group Ltd's Dividend Performance and Sustainability

By GuruFocus Research • 09-13-2023