Nedbank Group Income Statement

Financials in millions ZAR. Fiscal year is January - December.

Millions ZAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	124,744	124,622	125,015	116,915	82,104	65,772
Interest Paid on Deposits	81,026	81,744	83,209	75,445	45,827	33,272
Net Interest Income	43,718	42,878	41,806	41,470	36,277	32,500
Net Interest Income Growth	3.59%	2.56%	0.81%	14.31%	11.62%	8.04%
Income From Trading Activities	5,232	5,099	4,620	4,299	4,166	4,475
Gain (Loss) on Sale of Assets	987	-10	-13	-59	316	130
Gain (Loss) on Sale of Investments	-8,596	-8,600	-27	-	-	-
Gain (Loss) on Sale of Equity Investments	1,318	2,084	2,006	2,213	1,694	1,436
Other Non-Interest Income	26,380	25,040	24,595	22,639	21,210	19,604
Total Non-Interest Income	25,321	23,613	31,181	29,092	27,386	25,645
Non-Interest Income Growth	-18.47%	-24.27%	7.18%	6.23%	6.79%	10.42%
Revenues Before Loan Losses	69,039	66,491	72,987	70,562	63,663	58,145
Provision for Loan Losses	7,536	6,550	7,997	9,605	7,381	6,534
Revenue	61,503	59,941	64,990	60,957	56,282	51,611
Revenue Growth	-6.96%	-7.77%	6.62%	8.31%	9.05%	28.45%
Selling, General & Administrative	2,121	2,121	1,923	1,808	1,727	1,542
Other Non-Interest Expense	42,293	41,769	38,991	36,366	32,938	32,558
Total Non-Interest Expense	45,194	44,670	41,661	39,188	36,431	34,712
EBT Excluding Unusual Items	16,309	15,271	23,329	21,769	19,851	16,899
Asset Writedown	-934	-962	-147	-39	-91	-163
Other Unusual Items	-	-	36	-	-	-
Pretax Income	15,346	14,280	23,218	21,432	19,760	16,430
Income Tax Expense	4,984	4,869	4,746	4,432	4,330	4,043
Earnings From Continuing Operations	10,362	9,411	18,472	17,000	15,430	12,387
Minority Interest in Earnings	-1,540	-1,612	-1,638	-1,695	-1,143	-1,149
Net Income	8,822	7,799	16,834	15,305	14,287	11,238
Net Income to Common	8,822	7,799	16,834	15,305	14,287	11,238
Net Income Growth	-45.71%	-53.67%	9.99%	7.12%	27.13%	224.14%
Basic Shares Outstanding	459	464	466	473	487	485
Diluted Shares Outstanding	469	474	479	489	501	495
Shares Change	-1.80%	-0.96%	-2.17%	-2.28%	1.18%	1.25%
EPS (Basic)	19.22	16.81	36.10	32.39	29.34	23.17
EPS (Diluted)	18.81	16.45	35.17	31.28	28.54	22.71
EPS Growth	-44.74%	-53.23%	12.44%	9.60%	25.67%	220.31%
Dividend Per Share	21.560	21.320	20.750	18.930	16.490	11.910
Dividend Growth	1.13%	2.75%	9.61%	14.80%	38.45%	-
Effective Tax Rate	32.48%	34.10%	20.44%	20.68%	21.91%	24.61%