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Nedbank Group Ltd.

NEDJ.J

Latest Trade

9,100.04ZAc

Change

-131.96(-1.43%)

Volume

1,225,730

Today's Range

9,014.00

 - 

9,301.00

52 Week Range

6,730.00

 - 

24,969.00

As of on the Johannesburg Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
9,232.00
Open
9,186.00
Volume
1,225,730
3M AVG Volume
49.05
Today's High
9,301.00
Today's Low
9,014.00
52 Week High
24,969.00
52 Week Low
6,730.00
Shares Out (MIL)
483.89
Market Cap (MIL)
45,476.10
Forward P/E
7.77
Dividend (Yield %)
7.67

Next Event

Nedbank Group Ltd at UBS SA Financials Conference - Cape Town

Latest Developments

More

Nedbank Group Sees FY Credit Loss Ratio Between 150 Bps And 185 Bps

Vodacom Appoints Raisibe Morathi As CFO

Nedbank Says Raisibe Morathi Resigned As CFO

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About Nedbank Group Ltd.

Nedbank Group Limited is a financial services provider. The Company's principal banking subsidiary is Nedbank Limited. The Company provides wholesale and retail banking services, and insurance, asset management and wealth management offerings. The Company's segments include Nedbank Group, Nedbank Corporate and Investment Banking, Nedbank Retail and Business Banking, Nedbank Wealth, Rest of Africa, and Centre. Nedbank Corporate and Investment Banking offers a range of transactional, corporate, investment banking and markets solutions. Nedbank Retail offers a range of banking and assurance products and services. The business banking portfolio offers a range of commercial banking products. Nedbank Wealth provides a range of financial services through approximately three divisions of Wealth Management, Asset Management and Insurance. The Rest of Africa business is responsible for the Company's banking operations and expansion activities in the rest of Africa.

Industry

Regional Banks

Contact Info

Nedbank 135 Rivonia Campus

, 135 Rivonia Road

2196

South Africa

+27.11.2944444

http://www.nedbankgroup.co.za/

Executive Leadership

Vassi Naidoo

Non-Executive Chairman of the Board

Michael William Thomas Brown

Chief Executive, Executive Director

Raisibe Kgomaraga Morathi

Chief Financial Officer, Executive Director

Mfundo Clement Nkuhlu

Chief Operating Officer, Executive Director

Deborah Fuller

Group Executive for Human Resources

Key Stats

2.18 mean rating - 11 analysts
Sell
Hold
Buy
Revenue (MM, ZAR)

2017

48.4K

2018

51.1K

2019

50.0K

2020(E)

52.3K
EPS (ZAR)

2017

24.060

2018

27.360

2019

25.650

2020(E)

11.663
Price To Earnings (TTM)
6.79
Price To Sales (TTM)
0.81
Price To Book (MRQ)
0.46
Price To Cash Flow (TTM)
3.86
Total Debt To Equity (MRQ)
65.95
LT Debt To Equity (MRQ)
65.95
Return on Investment (TTM)
--
Return on Equity (TTM)
0.64

Latest News

Latest News

UPDATE 1-S.Africa's Nedbank says half year profit will fall by over two-thirds

* Scraps dividend, says balance sheet strong (Adds details, shares)

South Africa's Nedbank scraps financial guidance for 2020

South Africa's Nedbank Ltd has withdrawn guidance for its key financial numbers for 2020, blaming the economic disruption caused by the coronavirus pandemic.

Nedbank could nix future dividends after South Africa central bank guidance

Nedbank Group on Wednesday reaffirmed its 2019 dividend, but said it was weighing future dividend payments after South Africa's central bank urged lenders to preserve cash during the coronavirus crisis.

UPDATE 2-Nedbank's profit drops as S.African economy worsens, pushing up defaults

* Bank says worsening economy has pushed defaults up, credit demand down

South Africa's Old Mutual sells all 5.5 mln shares in Nedbank

South Africa's Old Mutual Ltd said on Thursday it sold all 5.5 million shares in Nedbank Group Ltd to select institutional investors, marking the final step in the spinning-off of the unit.

South Africa's Old Mutual to sell Nedbank shares

South Africa's Old Mutual Ltd said on Wednesday it would sell around 5.5 million shares in Nedbank Group Ltd to select institutional investors, following the spin-off of the unit.

South Africa's Nedbank sees up to 28 pct rise in H1 profit

South African lender Nedbank said on Thursday it saw half-year profit rising as much as 28 percent, boosted by profitability of its west-African associate Ecobank.

NEDBANK SAYS IT IS REQUIRED TO HAVE SAME AUDITOR AS OLD MUTUAL PLC AND OLD MUTUAL LIMITED, WHOSE SHAREHOLDERS SUPPORTED REAPPOINTMENT OF KPMG FOR 2018 FINANCIAL YEAR

NEDBANK SAYS IT IS REQUIRED TO HAVE SAME AUDITOR AS OLD MUTUAL PLC AND OLD MUTUAL LIMITED, WHOSE SHAREHOLDERS SUPPORTED REAPPOINTMENT OF KPMG FOR 2018 FINANCIAL YEAR

BRIEF-Nedbank Group's Performance For Three Months To 31 March 2018 In Line With Management Expectations

* NEDBANK GROUP'S PERFORMANCE FOR THREE MONTHS TO 31 MARCH 2018 WAS IN LINE WITH MANAGEMENT EXPECTATIONS Source text for Eikon: Further company coverage:

BRIEF-Nedbank Announces Conclusion Of Relationship Agreement Between Co And Old Mutual

* NEDBANK GROUP LTD - CONCLUSION OF A RELATIONSHIP AGREEMENT BETWEEN NEDBANK GROUP AND OLD MUTUAL LIMITED Source text for Eikon: Further company coverage:

BRIEF-Old Mutual, Nedbank Sign Managed Separation Agreement

* OLD MUTUAL PLC - OLD MUTUAL UPDATE ON MANAGED SEPARATION TIMETABLE AND PUBLICATION OF SHAREHOLDER DOCUMENTATION

Fitch Affirms Nedbank Group Limited and Nedbank Limited at 'BB+'; Downgrades Support Rating

(The following statement was released by the rating agency) LONDON, December 05 (Fitch) Fitch Ratings has affirmed Nedbank Group Limited's (NBG) and Nedbank Limited's (NBL) Long-Term Issuer Default Ratings (IDR) at 'BB+' with Stable Outlook. At the same time, Fitch has downgraded...

AfDB approves $172 mln financing for South Africa's Nedbank

The African Development Bank (AfDB) has approved a $172 mln financial package for South Africa's Nedbank Group for infrastructure, banking and housing projects, it said on Thursday.

UPDATE 1-Old Mutual to retain 20 percent of South Africa's Nedbank after split

Anglo-South African financial services group Old Mutual said on Wednesday it will retain a 19.9 percent strategic minority shareholding in Nedbank after the parent company's planned split.

BRIEF-Nedbank issues update on quantum of strategic minority shareholding in Nedbank Group to be held by Old Mutual Ltd

* STRATEGIC MINORITY SHAREHOLDING TO BE RETAINED IN NEDBANK GROUP TO UNDERPIN ONGOING COMMERCIAL RELATIONSHIP BETWEEN COMPANIES HAS BEEN AGREED AT 19,9 PERCENT Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

BRIEF-Old Mutual ‍OML strategic minority shareholding in Nedbank​

* STRATEGIC MINORITY SHAREHOLDING TO BE RETAINED IN NEDBANK GROUP TO UNDERPIN ONGOING COMMERCIAL RELATIONSHIP BETWEEN COMPANIES HAS BEEN AGREED AT 19,9%

BRIEF-Nedbank Group and Deutsche Bank to cooperate on equity and debt capital markets in South Africa and sub-Saharan Africa

* NEDBANK GROUP AND DEUTSCHE BANK TO COOPERATE ON EQUITY AND DEBT CAPITAL MARKETS IN SOUTH AFRICA & SUB-SAHARAN AFRICA

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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