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Nedbank Group JSE:NED Stock Report

Last Price

R228.67

Market Cap

R106.2b

7D

0.2%

1Y

4.7%

Updated

28 Mar, 2024

Data

Company Financials +

NED Stock Overview

Nedbank Group Limited, together with its subsidiaries, provides various wholesale and retail banking services in South Africa and internationally.

NED fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance3/6
Financial Health4/6
Dividends4/6

Nedbank Group Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Nedbank Group
Historical stock prices
Current Share PriceR228.67
52 Week HighR238.50
52 Week LowR194.00
Beta1.09
1 Month Change4.72%
3 Month Change5.75%
1 Year Change4.66%
3 Year Change61.91%
5 Year Change-11.45%
Change since IPO1,365.84%

Recent News & Updates

Recent updates

Is Nedbank Group Limited (JSE:NED) Popular Amongst Institutions?

Dec 22
Is Nedbank Group Limited (JSE:NED) Popular Amongst Institutions?

Shareholder Returns

NEDZA BanksZA Market
7D0.2%0.3%1.8%
1Y4.7%5.3%-3.1%

Return vs Industry: NED matched the ZA Banks industry which returned 5.3% over the past year.

Return vs Market: NED exceeded the ZA Market which returned -3.1% over the past year.

Price Volatility

Is NED's price volatile compared to industry and market?
NED volatility
NED Average Weekly Movement2.9%
Banks Industry Average Movement3.0%
Market Average Movement4.7%
10% most volatile stocks in ZA Market10.7%
10% least volatile stocks in ZA Market2.8%

Stable Share Price: NED has not had significant price volatility in the past 3 months.

Volatility Over Time: NED's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
183125,900Mike Thomas Brownhttps://www.nedbank.co.za

Nedbank Group Limited, together with its subsidiaries, provides various wholesale and retail banking services in South Africa and internationally. It offers personal banking solutions, including bank accounts; advisory, management, and stockbroking investment services; personal, home, and student loans; overdrafts, vehicle and solar finance, short-term loans, and credit cards; life, funeral, short term, credit, travel, and business insurance; and share trading, financial planning, retirement planning, will drafting, estate planning, and will and trust services, as well as private wealth solutions. The company also provides business banking services, such as business accounts; overdraft, small business credit card, invoice discounting, vehicle and equipment finance, property finance, and term-loans; investment solutions; card and cash solutions; cash handling; merchant services; global trade solutions; agriculture, construction, engineering, property, key man, buy-sell, commercial vehicle, general, and specialty insurance; and industry specific solutions.

Nedbank Group Limited Fundamentals Summary

How do Nedbank Group's earnings and revenue compare to its market cap?
NED fundamental statistics
Market capR106.23b
Earnings (TTM)R15.31b
Revenue (TTM)R60.96b

6.9x

P/E Ratio

1.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NED income statement (TTM)
RevenueR60.96b
Cost of RevenueR0
Gross ProfitR60.96b
Other ExpensesR45.65b
EarningsR15.31b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Aug 06, 2024

Earnings per share (EPS)32.94
Gross Margin100.00%
Net Profit Margin25.11%
Debt/Equity Ratio63.4%

How did NED perform over the long term?

See historical performance and comparison

Dividends

8.9%

Current Dividend Yield

58%

Payout Ratio

Does NED pay a reliable dividends?

See NED dividend history and benchmarks
When do you need to buy NED by to receive an upcoming dividend?
Nedbank Group dividend dates
Ex Dividend DateApr 10 2024
Dividend Pay DateApr 15 2024
Days until Ex dividend12 days
Days until Dividend pay date17 days

Does NED pay a reliable dividends?

See NED dividend history and benchmarks
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