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Nedbank Group JSE:NED Stock Report

Last Price

R220.23

Market Cap

R102.4b

7D

-4.1%

1Y

-4.6%

Updated

26 Feb, 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 Growth3/6
Past Performance5/6
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 PriceR220.23
52 Week HighR240.00
52 Week LowR194.00
Beta1.1
1 Month Change1.35%
3 Month Change3.64%
1 Year Change-4.58%
3 Year Change64.35%
5 Year Change-18.85%
Change since IPO1,311.74%

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
7D-4.1%-1.5%-0.5%
1Y-4.6%5.0%-4.8%

Return vs Industry: NED underperformed the ZA Banks industry which returned 6.1% over the past year.

Return vs Market: NED matched the ZA Market which returned -4.1% over the past year.

Price Volatility

Is NED's price volatile compared to industry and market?
NED volatility
NED Average Weekly Movement3.0%
Banks Industry Average Movement3.1%
Market Average Movement4.7%
10% most volatile stocks in ZA Market9.6%
10% least volatile stocks in ZA Market2.9%

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 and home loans, student loans, overdrafts, vehicle and solar finance, and short-term loans, credit cards; life, funeral, short term, travel, and business insurance; and financial planning, retirement planning, will drafting, estate planning, and will and trust services, as well as private wealth finance solution. 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, debtors, heavy commercial vehicle, and general 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 capR102.37b
Earnings (TTM)R14.73b
Revenue (TTM)R59.48b

7.0x

P/E Ratio

1.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NED income statement (TTM)
RevenueR59.48b
Cost of RevenueR0
Gross ProfitR59.48b
Other ExpensesR44.76b
EarningsR14.73b

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

Mar 05, 2024

Earnings per share (EPS)31.68
Gross Margin100.00%
Net Profit Margin24.76%
Debt/Equity Ratio55.3%

How did NED perform over the long term?

See historical performance and comparison

Dividends

7.9%

Current Dividend Yield

57%

Payout Ratio
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