Nedbank Group Past Earnings Performance

Past criteria checks 3/6

Nedbank Group has been growing earnings at an average annual rate of 7.3%, while the Banks industry saw earnings growing at 13.5% annually. Revenues have been growing at an average rate of 4.8% per year. Nedbank Group's return on equity is 14.3%, and it has net margins of 25.1%.

Key information

7.3%

Earnings growth rate

7.3%

EPS growth rate

Banks Industry Growth7.1%
Revenue growth rate4.8%
Return on equity14.3%
Net Margin25.1%
Next Earnings Update06 Aug 2024

Recent past performance updates

Recent updates

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

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

Revenue & Expenses Breakdown
Beta

How Nedbank Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

JSE:NED Revenue, expenses and earnings (ZAR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2360,95715,3053,8360
30 Sep 2359,65515,0213,6650
30 Jun 2359,48214,7252,6180
31 Mar 2358,44714,5002,6180
31 Dec 2256,28214,2873,4930
30 Sep 2255,16413,5792,8240
30 Jun 2254,04512,8702,1540
31 Mar 2252,82812,0542,1540
31 Dec 2151,61111,2382,1540
30 Sep 2149,0829,3221,1190
30 Jun 2146,0887,4058660
31 Mar 2143,1345,4361,2250
31 Dec 2040,1793,4671,5830
30 Sep 2041,9014,9881,8550
30 Jun 2043,6226,5082,1270
31 Mar 2046,8209,2552,1910
31 Dec 1950,01712,0012,2550
30 Sep 1950,90512,7572,6530
30 Jun 1951,79213,5123,0510
31 Mar 1951,43513,4443,2940
31 Dec 1851,07813,3763,5370
30 Sep 1850,08813,2064,2170
30 Jun 1849,09813,0354,8970
31 Mar 1848,71012,3284,2320
31 Dec 1748,32211,6213,5660
30 Sep 1747,05910,7783,5530
30 Jun 1745,7969,9343,5400
31 Mar 1745,07610,0333,5400
31 Dec 1644,35610,1323,5400
30 Sep 1643,78410,4842,8040
30 Jun 1643,21110,8352,0670
31 Mar 1642,01610,7782,6180
31 Dec 1540,82110,7213,1690
30 Sep 1540,50110,6243,3410
30 Jun 1540,18110,5263,5120
31 Mar 1539,47410,1612,9610
31 Dec 1438,7679,7962,4100
30 Sep 1437,8419,5612,3270
30 Jun 1436,9149,3252,2430
31 Mar 1435,9658,9812,2430
31 Dec 1335,0168,6372,2430
30 Sep 1334,0388,2572,4400
30 Jun 1333,0607,8762,6360
31 Mar 1332,4247,6632,6360

Quality Earnings: NED has high quality earnings.

Growing Profit Margin: NED's current net profit margins (25.1%) are lower than last year (25.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: NED's earnings have grown by 7.3% per year over the past 5 years.

Accelerating Growth: NED's earnings growth over the past year (7.1%) is below its 5-year average (7.3% per year).

Earnings vs Industry: NED earnings growth over the past year (7.1%) exceeded the Banks industry 7.1%.


Return on Equity

High ROE: NED's Return on Equity (14.3%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.