for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Nedbank Group Ltd.

NEDJ.J

Latest Trade

21,690.00ZAc

Change

425.00(+2.00%)

Volume

2,031,957

Today's Range

21,514.00

 - 

21,845.00

52 Week Range

21,000.00

 - 

29,396.00

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

Pricing

Previous Close
21,265.00
Open
21,610.00
Volume
2,031,957
3M AVG Volume
27.66
Today's High
21,845.00
Today's Low
21,514.00
52 Week High
29,396.00
52 Week Low
21,000.00
Shares Out (MIL)
481.20
Market Cap (MIL)
107,810.90
Forward P/E
7.76
Dividend (Yield %)
6.64

Next Event

Full Year 2019 Nedbank Group Ltd Earnings Release

Latest Developments

More

Nedbank Group Agrees To Sell Nedbank Malawi

Nedbank Group Reports HY Headline Earnings Per Share Of 1,411 Cents

Nedbank FY HEPS Up 13.9 Pct TO 2,793 Cents

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

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

+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

2.67 mean rating - 12 analysts
Sell
Hold
Buy
Revenue (MM, ZAR)

2016

45.4K

2017

48.4K

2018

51.1K

2019(E)

56.7K
EPS (ZAR)

2016

23.500

2017

24.060

2018

27.360

2019(E)

27.934
Price To Earnings (TTM)
7.88
Price To Sales (TTM)
1.89
Price To Book (MRQ)
1.15
Price To Cash Flow (TTM)
6.33
Total Debt To Equity (MRQ)
62.13
LT Debt To Equity (MRQ)
62.13
Return on Investment (TTM)
--
Return on Equity (TTM)
1.35

Latest News

Latest News

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

BRIEF-Nedbank Group reports HY headline earnings of 5.3 bln rand

* NEDBANK GROUP-2017 GUIDANCE FOR GROWTH IN DILUTED HEPS IS FOR THIS MEASURE TO BE POSITIVE, BUT LESS THAN OR EQUAL TO GROWTH IN NOMINAL GDP

BRIEF-Nedbank says Thulani Sibeko to resign

* Nedbank group- says resignation of Thulani Sibeko as group executive: group marketing, communications and corporate affairs with effect from 27 June

BRIEF-Nedbank updates on investment in Ecobank Transnational Inc

* Voluntary announcement relating to the release of 2016 Ecobank Transnational Incorporated financial results

UPDATE 2-South Africa's Nedbank slashes value of Ecobank stake

* Reports slowest profit growth since 2009 (Adds CEO comment, 2017 outlook)

South Africa's Nedbank posts slowest FY profit growth since 2009

South Africa's No.4 lender by value Nedbank reported a 4.8 percent rise in annual profit, the slowest pace of growth since 2009, hurt by a weak showing at its associate Ecobank.

BRIEF-Nedbank Group FY diluted HEPS rises 4.8 pct

* Conditions in key markets in which eti operates are currently expected to remain difficult in 2017

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

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up