Absa CEO Maria Ramos and financial director Jason Quinn. Picture: FREDDY MAVUNDA/BUSINESS DAY
Absa CEO Maria Ramos and financial director Jason Quinn. Picture: FREDDY MAVUNDA/BUSINESS DAY

Absa released its first set of interim results since its split from Barclays Plc, and the separation fee has weighed on its overall earnings.

Revenue grew 3%, but operating expenses climbed 8% and headline earnings per share (HEPS) were down 4%.

But the bank has declared an interim dividend of R8.78, an increase of 4%.

Absa financial director Jason Quinn spoke to Business Day TV about the half-year results and provided some added details to the numbers.

Absa financial director Jason Quinn spoke to Business Day TV about the half-year results and provided some added details to the numbers