Nedbank Group Limited (JSE:NED)
South Africa flag South Africa · Delayed Price · Currency is ZAR · Price in ZAc
27,281
+388 (1.44%)
Jul 24, 2026, 5:00 PM SAST

Nedbank Group Financials Overview

Millions ZAR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
59,94159,94164,99060,95756,28251,611
Revenue Growth
-10.57%-7.77%6.62%8.31%9.05%28.45%
Net Income
7,7997,79916,83415,30514,28711,238
Earnings Per Share
16.4516.4535.1731.2828.5422.71
EPS Growth
-51.69%-53.23%12.44%9.60%25.67%220.31%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Nedbank Corporate and Investment Banking
20,06720,06719,17217,18816,29114,529
Nedbank Business and Commercial Banking
11,34011,34010,693---
Nedbank Personal and Private Banking
29,13029,13027,840---
Nedbank Africa Regions
5,4375,4375,1545,2103,8603,272
Centre
2,5832,5832,1551,7841,490871
Total
68,55768,55765,01461,01755,94651,654

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
112,281112,28186,20779,82382,306109,750
Total Debt
105,475105,47582,87978,18477,782112,110
Net Cash (Debt)
6,8066,8063,3281,6394,524-2,360
Net Cash Growth
-56.39%104.51%103.05%-63.77%--
Net Cash Per Share
14.3614.366.953.359.04-4.77

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-103,940-103,940-67,511-17,015-54,289-7,273
Capital Expenditures
-2,598-2,598-4,623-3,872-3,176-3,455
Free Cash Flow
-106,538-106,538-72,134-20,887-57,465-10,728
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Profit Margin
13.01%13.01%25.90%25.11%25.39%21.77%
FCF Margin
-177.74%-177.74%-110.99%-34.27%-102.10%-20.79%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
21.32021.32020.75018.93016.49011.910
Dividend Per Share Growth
2.75%2.75%9.61%14.80%38.45%-
Dividend Yield
7.93%8.35%8.42%10.82%10.39%9.79%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
16.3515.897.826.577.257.56
Forward PE
7.127.107.526.326.736.97
PS Ratio
2.052.072.021.651.841.65