One of South Africa’s top banks lost R22 billion in 2026

[Declan Thompson]

One of South Africa’s top banks lost R22 billion in 2026

Absa's share price has fallen more than 10% since the start of 2026, shaving off R22 billion from the banking group's market capitalisation.

 

[EmmanuelGoldstein]

SHAMEPIES

 

[Sideshow Bob]

One of South Africa’s top banks lost R22 billion in 2026

Absa's share price has fallen more than 10% since the start of 2026, shaving off R22 billion from the banking group's market capitalisation.

Take that, ANC investors.

 

[Sinbad]

One of South Africa’s top banks lost R22 billion in 2026

Absa's share price has fallen more than 10% since the start of 2026, shaving off R22 billion from the banking group's market capitalisation.

That's not the same as the company losing money.

Their shareholders lost money.

 

[EmmanuelGoldstein]

That's not the same as the company losing money.

Their shareholders lost money.

We know, but let's not get technical- "AI responses may include mistakes"