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Absa Group (Absa Group) Pre-Tax Income : $1,735 Mil (TTM As of Jun. 2023)


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What is Absa Group Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Absa Group's pretax income for the six months ended in Jun. 2023 was $870 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2023 was $1,735 Mil. Absa Group's pretax margin was 31.13%.

During the past 13 years, Absa Group's highest Pretax Margin was 31.76%. The lowest was 12.72%. And the median was 30.22%.


Absa Group Pre-Tax Income Historical Data

The historical data trend for Absa Group's Pre-Tax Income 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.

* Premium members only.

Absa Group Pre-Tax Income Chart

Absa Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,510.87 1,510.30 696.76 1,681.64 1,782.52

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
Pre-Tax Income 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 882.69 908.85 1,001.68 865.80 869.57

Competitive Comparison of Absa Group's Pre-Tax Income

For the Banks - Regional subindustry, Absa Group's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Absa Group's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Absa Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Absa Group's Pre-Tax Income falls into.



Absa Group Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Absa Group's Pretax Income for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Income=Operating Income+Other
=0+1782.523
=1,783

Absa Group's Pretax Income for the quarter that ended in Jun. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+869.574
=870

Pre-Tax Income 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 $1,735 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  (OTCPK:AGRPY) Pre-Tax Income Explanation

Absa Group's Pretax Margin for the quarter that ended in Jun. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=869.574/2792.988
=31.13%

During the past 13 years, Absa Group's highest Pretax Margin was 31.76%. The lowest was 12.72%. And the median was 30.22%.

* 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 Pre-Tax Income Related Terms

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Absa Group (Absa Group) Business Description

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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