Absa's South Africa concentration is a relative disadvantage versus Standard Bank's regional diversification. Retail and Business Bank steady but corporate banking faces persistent local economic headwinds. Africa Regions outside SA growing but sub-scale. Dividend yield attractive. Management transition adds short-term uncertainty.
Thesis reviewed May 29, 2026
Absa Group Limited is headquartered in South Africa, which is currently showing elevated risk signals.
πΏπ¦South Africa70NEUTRALView South Africa risk detail βπ¦Financials100NEUTRAL| Ticker | Company | Score | Gap | Signal Ξ | Action |
|---|---|---|---|---|---|
| GGAL | Grupo Financiero Galicia S.A. | 90 | +13% | β54% | ENTRY |
| MELI | MercadoLibre | 90 | -14% | β54% | AVOID |
| BBAR | BBVA Banco BBVA Argentina SA | 90 | +21% | β54% | ENTRY |
| BBD | Banco Bradesco S.A. (preferred ADR) | 90 | +5% | β54% | NEUTRAL |
| VIV | Telefonica Brasil (Vivo) | 90 | +8% | β54% | ENTRY |
| UBS | UBS Group AG | 90 | +17% | β54% | ENTRY |
| CIB | Bancolombia S.A. | 90 | +9% | β54% | NEUTRAL |
Investors who hold ABSA may also have indirect exposure through these country funds.
Absa Q1 retail loan growth slows on SA consumer stress
New Absa CEO outlines pan-African growth strategy
Africa Regions PBT up 18% in constant currency