Nedbank Group Limited (JSE:NED)
South Africa
· Delayed Price · Currency is ZAR · Price in ZAc | Market Cap | 112.45B |
| Revenue (ttm) | 65.49B |
| Net Income (ttm) | 16.83B |
| Shares Out | 466.99M |
| EPS (ttm) | 35.17 |
| PE Ratio | 6.85 |
| Forward PE | 6.35 |
| Dividend | 20.75 (8.62%) |
| Ex-Dividend Date | Apr 9, 2025 |
| Volume | 2,613,911 |
| Average Volume | 3,313,233 |
| Open | 23,850 |
| Previous Close | 24,000 |
| Day's Range | 23,779 - 24,265 |
| 52-Week Range | 21,361 - 31,049 |
| Beta | 0.72 |
| RSI | 43.08 |
| Earnings Date | May 16, 2025 |
About Nedbank Group
Nedbank Group Limited, together with its subsidiaries, provides various wholesale and retail banking services in South Africa and internationally. The company operates through Nedbank Corporate and Investment Banking; Nedbank Retail and Business Banking; Nedbank Wealth; Nedbank Africa Regions; and Centre segments. It offers lending products, advisory services, leverage financing, trading, brokering, structuring, hedging and client coverage, customised transactional banking, and commercial-property finance; transactional accounts, home loans, ve... [Read more]
Financial Performance
In 2024, Nedbank Group's revenue was 65.49 billion, an increase of 7.43% compared to the previous year's 60.96 billion. Earnings were 16.83 billion, an increase of 9.99%.
Financial StatementsNews
Nedbank, Norfund Acquire Stake in South Africa’s Pele Energy
South Africa’s Nedbank Group Ltd. and Norwegian investment firm Norfund AS are acquiring a “substantial minority” stake in a renewable energy company co-founded by a former JPMorgan Chase & Co. banker...
We still really like fixed income as a diversifier within portfolios, Nedbank CIO says
Tom Caddick, chief investment officer at Nedbank Private Wealth, discusses the outlook for financial markets.
Capitec powers ahead
Capitec is the best-performing banking stock on the JSE in 2024. Here is a look at the company and how it compares to Absa, Standard Bank, and Nedbank.
How to build wealth in 2024
While it may be hard to build wealth in 2024, Nedbank said that it is possible with these strategies.
Standard Bank, FirstRand, Nedbank and Absa eyeing R23 trillion jackpot
South Africa's major banks are competing to finance Africa's energy transition, balancing immediate power needs with long-term sustainability.
Next big tech investments
Nedbank shared the next big technologies investors should be looking out for.
Nedbank fraud warning for South African banking customers
Nedbank has noticed a steady increase in fraud attempts over the last five years and has urged customers to pay attention to all the fraud advice their banks provide.
Share price versus CEO salary – Capitec beats Absa, Standard Bank, and Nedbank
Capitec is the only South African bank whose share price has increased more than the salary of its chief executive over the last decade.