Nedbank Group Ltd

Nedbank Group Ltd

NED · JSE · Financial Services / Banks - Regional

28,930.00ZAC-804.00 (-2.70%)

Price History

Full chart

Market Stats

Previous Close29,734.00
Open29,300.00
Day Range28,867.00 – 29,965.00
52-Week Range23,181.01 – 30,467.00
Volume1.54M
Market Cap148.24B
P/E (TTM)15.66
Forward P/E7.88
EPS18.91
Dividend Yield7.27%
Beta0.35
50-Day Avg29,080.10
200-Day Avg27,795.52

About

Nedbank Group Limited, together with its subsidiaries, provides various wholesale and retail banking services in South Africa, rest of Africa, Europe, Asia, the United States, and internationally. The company operates through Nedbank Corporate and Investment Banking; Nedbank Business and Commercial Banking; Nedbank Personal and Private Banking; Nedbank Africa Regions; and Centre segments. It offers lending products, advisory services, leverage financing, trading, brokering, structuring, hedging, and client coverage; corporate finance advisory, financial products and services, customized transactional banking, asset management, and commercial property finance; transactional accounts, home loans, vehicle and asset finance, card services, personal loans, insurance and investments; Wealth services include trust and estate planning, stockbroking, and financial planning, as well as tailored banking and services; and franchising and manufacturing industries and public sector. The company also provides life and non-life insurance; asset management; trust and estate planning, stockbroking, and financial planning wealth management services. In addition, it offers capital management, funding, and liquidity risk management. The company was formerly known as Nedcor Limited and changed its name to Nedbank Group Limited in 2005. Nedbank Group Limited was founded in 1831 and is headquartered in Sandton, South Africa.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Jason Paul Patrick Quinn BACC, C.A.
  • Employees25.73K
  • Headquarters135 Rivonia Road, Sandton, South Africa, 2196, South Africa
  • Websitehttps://www.nedbank.co.za

Leadership

  • Mr. Jason Paul Patrick Quinn BACC, C.A.CEO & Director · b. 1974
  • Mr. Michael H. Davis B.Com., C.A.CFO, Debt Officer & Director · b. 1971
  • Mr. Mfundo Clement Nkuhlu AMP, B.A., BA(Hons)COO & Director · b. 1967
  • Ms. Andiswa BataGroup Managing Executive of Business & Commercial Banking · b. 1985
  • Mr. Nikos Angelopoulos B.Sc., M.B.A., M.Sc.Group Chief Information Officer
  • Mr. Alfred VisagieExecutive Head of Investor Relations
  • Ms. Nomonde Hlongwa L.L.B., L.L.M.Chief Compliance Officer · b. 1983
  • Ms. Khensani Nobanda B.Com., M.B.A.Group Executive for Group Marketing & Corporate Affairs · b. 1979
  • Ms. Deborah FullerGroup Executive for Human Resources · b. 1973
  • Mr. David McfadzeanHead of Wealth Management

Financials

Income Statement

Currency: ZAR2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue5.96B11.28B30.74B8.53B10.96B22.77B22.98B22.86B57.41B31.33B63.24B66.89B74.40B83.35B96.21B103.33B107.49B50.02B98.46B87.70B56.28B60.96B65.49B157.43B
Growth (%)-+89.45%+172.48%-72.26%+28.54%+107.71%+0.90%-0.50%+151.14%-45.43%+101.83%+5.78%+11.22%+12.03%+15.43%+7.40%+4.03%-53.47%+96.85%-10.93%-35.83%+8.31%+7.43%+140.40%
Cost of Revenue---26.80B31.15B43.81B60.74B57.01B33.96B74.39B30.25B30.43B34.16B41.19B51.52B50.98B50.81B59.64B55.35B34.12B53.21B85.05B91.21B88.29B
Gross Profit5.96B11.28B13.98B5.78B6.54B7.68B7.69B8.59B23.46B11.06B32.99B36.46B40.24B42.16B44.69B52.35B56.68B50.02B43.11B53.58B60.51B65.27B70.41B69.14B
Gross Margin100.00%100.00%45.46%67.82%59.69%33.74%33.45%37.57%40.86%35.31%52.17%54.51%54.08%50.58%46.45%50.66%52.73%100.00%43.79%61.09%107.51%107.08%107.52%43.92%
Operating Expense4.81B12.04B11.09B514.00M-297.00M-1.06B-1.03B1.92B16.96B2.39B22.34B24.49B26.74B28.35B29.97B35.84B37.78B2.25B36.77B37.15B40.75B43.84B47.20B54.86B
Operating Income1.14B-755.00M2.88B5.27B6.84B8.74B8.72B6.66B6.50B8.68B10.65B11.97B13.49B13.81B14.72B16.51B18.90B47.76B6.35B16.43B19.76B21.43B23.22B14.28B
Operating Margin19.18%-6.69%9.38%61.79%62.40%38.40%37.94%29.15%11.32%27.69%16.84%17.90%18.14%16.57%15.30%15.98%17.58%95.49%6.45%18.73%35.11%35.16%35.45%9.07%
EBITDA18.73B20.00B3.36B427.00M456.00M545.00M9.49B7.35B7.21B9.47B11.53B13.46B15.16B14.75B16.94B19.63B20.91B19.55B10.35B20.44B22.97B24.11B26.33B17.46B
EBITDA Margin314.53%177.26%10.94%5.01%4.16%2.39%41.30%32.16%12.56%30.21%18.23%20.13%20.38%17.70%17.61%19.00%19.46%39.08%10.51%23.31%40.81%39.55%40.21%11.09%
Net Income1.08B-1.33B1.53B3.84B4.53B6.03B6.41B4.83B4.81B6.19B7.45B8.64B9.80B10.72B10.13B11.62B13.38B12.79B4.40B12.29B15.27B16.76B18.32B9.26B
Net Income Margin18.10%-11.82%4.97%44.98%41.35%26.46%27.90%21.11%8.38%19.76%11.78%12.91%13.17%12.86%10.53%11.25%12.44%25.58%4.47%14.01%27.12%27.49%27.98%5.88%
Interest Expense17.65B21.33B1.07B14.71B17.56B27.86B41.82B34.23B27.77B24.85B25.05B24.87B29.66B36.40B46.97B47.67B47.12B53.51B42.22B34.12B45.83B75.44B83.21B81.74B
Interest Expense % of Total Revenue296.42%189.09%3.47%172.41%160.16%122.33%182.00%149.74%48.37%79.30%39.61%37.17%39.86%43.68%48.82%46.14%43.84%106.99%42.88%38.91%81.42%123.77%127.06%51.92%

Balance Sheet

Currency: ZAR2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets324.77B313.11B327.84B352.26B424.91B488.86B567.02B570.70B608.72B648.13B682.96B749.59B809.31B925.73B966.02B983.31B1.04T1.14T1.23T1.22T1.25T1.31T1.42T1.56T
Total Liabilities305.23B298.01B306.05B325.95B395.52B453.73B526.95B525.72B560.90B595.44B625.58B685.26B738.40B846.98B884.31B894.77B952.64B1.04T1.13T1.11T1.14T1.20T1.31T1.44T
Total Equity17.05B11.65B18.34B22.49B25.12B30.19B34.91B39.65B44.10B48.95B53.60B60.62B67.02B74.75B75.73B81.82B83.78B97.67B99.98B108.89B115.20B107.86B112.37B114.11B
Cash16.61B12.23B10.05B8.39B9.64B12.39B15.09B15.04B15.92B19.13B21.07B19.38B22.39B24.40B26.87B27.15B29.88B56.34B58.66B64.36B45.62B45.17B48.85B58.23B
Total Debt--79.42B43.80B45.03B111.16B110.02B118.18B76.59B80.78B85.98B90.83B97.45B114.24B114.97B124.91B137.75B88.74B75.08B76.07B68.04B74.51B84.05B106.57B
Net Debt-16.61B-12.23B79.42B35.41B35.39B98.77B94.93B103.14B60.66B61.65B64.92B71.46B75.07B89.84B88.11B97.76B107.87B6.75B4.16B-3.72B6.29B29.34B35.20B48.34B

Cash Flow

Currency: ZAR2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow18.89B20.13B1.91B8.07B4.61B-657.00M1.65B-2.01B304.00M8.86B8.94B12.16B5.82B4.45B4.29B3.21B9.92B14.78B13.33B12.14B18.85B-17.02B18.81B26.16B
Investing Cash Flow-7.10B2.65B-18.34B-927.00M-72.65B-68.76B-82.99B-3.17B-4.44B-3.70B-4.70B-4.34B-9.46B2.87B-3.00B-6.12B-6.85B-11.36B-4.82B-2.05B-2.63B-3.59B-5.50B-1.54B
Financing Cash Flow7.02B2.06B14.25B-303.00M62.24B61.98B-685.00M4.88B5.50B557.00M-2.55B-800.00M-2.13B3.80B3.54B-5.95B-4.01B-630.00M-4.79B-7.41B-15.24B26.76B-10.88B-14.62B
Capital Expenditure1.94B1.01B948.00M750.00M1.10B1.04B1.55B2.57B2.00B1.70B1.75B2.87B2.48B2.87B3.85B3.30B4.25B4.69B4.31B3.46B3.18B3.87B4.62B2.81B
Free Cash Flow16.95B19.12B16.80B7.32B3.51B-1.70B103.00M-4.57B-1.70B7.17B7.20B12.16B3.33B1.59B443.00M-85.00M5.67B10.09B9.02B8.68B15.68B-20.89B14.19B22.72B
Dividends Paid1.28B1.53B530.00M955.00M1.78B2.69B3.08B2.60B2.32B3.20B3.54B3.82B4.97B5.77B5.95B6.42B7.07B7.44B3.75B2.37B7.94B8.73B9.92B11.06B
FCF to OCF89.71%95.00%877.48%90.71%76.18%258.14%6.24%228.02%-559.21%80.85%80.45%100.00%57.32%35.62%10.33%-2.64%57.16%68.26%67.65%71.54%83.15%122.76%75.42%86.85%
Dividend Paid to FCF7.56%7.99%3.16%13.05%50.77%-158.43%2987.38%-56.91%-136.65%44.64%49.21%31.43%148.91%363.56%1342.66%-7550.59%124.62%73.75%41.59%27.34%50.64%-41.78%69.94%48.70%

Earnings

Report DateAug 7, 2006Mar 31, 2007Jun 30, 2007Dec 31, 2007Mar 2, 2027
EPS Estimate0.05----
EPS Actual0.053.123.667.76-
Surprise0.00%----
TimingPre-market---Pre-market

Key Statistics & Ratios

Market Cap148.24B
Enterprise Value135.04B
Trailing P/E15.66
Forward P/E7.88
PEG Ratio49.26
Price / Sales2.41
Price / Book1.14
EPS18.91
Book Value254.86
Revenue (TTM)61.50B
Gross Profit (TTM)61.50B
Profit Margin14.34%
Operating Margin34.02%
Return on Equity8.03%
Return on Assets0.67%
Shares Outstanding500.54M
Shares Float454.08M
Beta0.35
Dividend Yield7.27%
Dividend Rate21.56
Payout Ratio112.27%

Dividends

20262×
10.52Aug 26, 202611.04Apr 8, 2026
20252×
10.28Sep 3, 202511.04Apr 9, 2025
20242×
9.71Sep 4, 202410.22Apr 10, 2024
20232×
8.71Sep 6, 20238.66Apr 12, 2023
20222×
7.83Aug 31, 20227.58Apr 6, 2022
20211×
4.33Sep 15, 2021
20201×
6.95Apr 15, 2020
20192×
7.20Sep 11, 20197.20Apr 3, 2019
20182×
6.95Sep 5, 20186.75Apr 4, 2018
20172×
6.10Sep 6, 20176.30Apr 11, 2017
20162×
5.70Sep 7, 20165.70Apr 11, 2016
20152×
5.37Sep 7, 20155.68Mar 27, 2015
20142×
4.60Sep 8, 20145.05Mar 31, 2014

Stock Splits

  • Apr 2, 2004731:666
  • Nov 25, 19961201:1179