Let π be a Banach algebra and let π be a unital Banach algebra. For a homomorphism Ξ¦ from π into π, we consider π as a Banach right π-module and investigate when π is a retract of π with respect to Ξ¦. We also give characterizations of admitting vector-valued invariant Ξ¦-means in terms of projectivity and injectivity. Finally, we apply these results to abstract Segal algebras.