Nedbank Group (NED.JO) Stock Price

Nedbank Group Price

🇿🇦JSE·CLOSED
26,871.00ZAR
Market closed
Today +/-
Today %

Nedbank Group (NED.JO) Stock | ISIN ZAE000004875 | WKN 864784. The current Nedbank Group stock price is 26,871 ZAR (2026). Revenue is 81.26 B ZAR. Net income is 18.41 B ZAR. The P/E ratio is 698.81. Market capitalization is 12.82 T ZAR. Nedbank Group operates in the Finance sector.

Revenue has compounded at 9% per year over the past 19 years to 163.24 B ZAR. Earnings per share have grown at 7.1% per year over the last 19 years. Nedbank Group's net margin stands at 10.3%, up from 3.5% several years earlier. Nedbank Group currently offers a dividend yield of about 0.08%. The payout ratio is around 43% of earnings. The dividend has grown at 13.6% per year over the past 19 years.

Nedbank Group stock price

Ex-Dividend
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of Nedbank Group over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Nedbank Group stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Nedbank Group's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Nedbank Group Stock Price History
DateNedbank Group Price
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Nedbank Group Revenue, EBIT, Net Income

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Revenue
Net Income
Details
Date
Revenue
Net Income
Jan 1, 2005
31.87 B ZAR
3.84 B ZAR
Jan 1, 2006
38.39 B ZAR
4.53 B ZAR
Jan 1, 2007
52.8 B ZAR
6.03 B ZAR
Jan 1, 2008
69.64 B ZAR
6.41 B ZAR
Jan 1, 2009
63.13 B ZAR
4.83 B ZAR
Jan 1, 2010
57.59 B ZAR
4.81 B ZAR
Jan 1, 2011
58.33 B ZAR
6.19 B ZAR
Jan 1, 2012
62.03 B ZAR
7.45 B ZAR
Jan 1, 2013
65.43 B ZAR
8.64 B ZAR
Jan 1, 2014
72.99 B ZAR
9.8 B ZAR
Jan 1, 2015
82.77 B ZAR
10.72 B ZAR
Jan 1, 2016
96.96 B ZAR
10.13 B ZAR
Jan 1, 2017
99.36 B ZAR
11.62 B ZAR
Jan 1, 2018
102.45 B ZAR
13.38 B ZAR
Jan 1, 2019
110.47 B ZAR
12 B ZAR

Nedbank Group Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 18, 2026, 5:42 AM
 
REVENUE (B ZAR)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M ZAR)
EBIT (B ZAR)
EBIT MARGIN (%)
NET INCOME (B ZAR)
NET INCOME GROWTH (%)
DIV. (ZAR)
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
202020212022202320242025e2026e2027e
99.9695.93115.2152.1163.2475.7281.2686.92
-9.52-4.0320.0932.037.32-53.617.316.97
--------
00000000
0000026.129.6232.04
––––––––
3.4711.2414.2915.3116.8316.9618.4120.28
-71.11224.1427.137.139.990.728.5510.16
13.98.6615.4117.3720.4721.3219.4720.54
-3.47-37.777.9412.7217.854.15-8.685.5
489485500.65489.24478.64478.64478.64478.64
––––––––
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Nedbank Group generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Nedbank Group retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Nedbank Group's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Nedbank Group has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Nedbank Group's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Nedbank Group stock margins

The Nedbank Group margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Nedbank Group. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Nedbank Group.

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Profit margin
Details
Date
Profit margin
Jan 1, 2005
12.04 %
Jan 1, 2006
11.81 %
Jan 1, 2007
11.41 %
Jan 1, 2008
9.21 %
Jan 1, 2009
7.64 %
Jan 1, 2010
8.35 %
Jan 1, 2011
10.61 %
Jan 1, 2012
12.01 %
Jan 1, 2013
13.2 %
Jan 1, 2014
13.42 %
Jan 1, 2015
12.95 %
Jan 1, 2016
10.45 %
Jan 1, 2017
11.7 %
Jan 1, 2018
13.06 %
Jan 1, 2019
10.86 %

Nedbank Group Stock Revenue, EBIT, Earnings per Share

The Nedbank Group earnings per share therefore indicates how much revenue Nedbank Group has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

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Revenue per Share
Earnings per Share
Details
Date
Revenue per Share
Earnings per Share
Jan 1, 2005
79.68 ZAR
9.59 ZAR
Jan 1, 2006
93.18 ZAR
11 ZAR
Jan 1, 2007
127.55 ZAR
14.55 ZAR
Jan 1, 2008
169.02 ZAR
15.56 ZAR
Jan 1, 2009
145.13 ZAR
11.09 ZAR
Jan 1, 2010
125.74 ZAR
10.5 ZAR
Jan 1, 2011
126.26 ZAR
13.4 ZAR
Jan 1, 2012
131.69 ZAR
15.82 ZAR
Jan 1, 2013
138.03 ZAR
18.22 ZAR
Jan 1, 2014
152.7 ZAR
20.49 ZAR
Jan 1, 2015
171.36 ZAR
22.2 ZAR
Jan 1, 2016
198.69 ZAR
20.76 ZAR
Jan 1, 2017
202.78 ZAR
23.72 ZAR
Jan 1, 2018
207.8 ZAR
27.13 ZAR
Jan 1, 2019
226.84 ZAR
24.64 ZAR

Nedbank Group business model & stock analysis

The Nedbank Group Ltd. is an African bank based in South Africa. The company is one of the largest financial institutions in Africa, offering a wide range of banking services, insurance, and asset management. History The company was founded in 1969 through the merger of NBS Bank and BPK Bank. Since then, it has continued to evolve through mergers and acquisitions and is now part of the Old Mutual Group, one of the largest financial service providers in South Africa. The Nedbank Group is listed on the Johannesburg Stock Exchange and also has branches in other African countries. Business Model The Nedbank Group offers a wide range of banking services for both individuals and business customers. These include accounts, credit and debit cards, loans, savings and investment products, as well as insurance and asset management services. The company also has a subsidiary, Nedbank Capital, which specializes in corporate finance, trading, initial public offerings, and structured finance products. Nedbank Capital also serves institutional clients and offers treasury services. Divisions The Nedbank Group is divided into three core divisions: 1. Passive Investments: This includes all activities related to the management of assets in the form of passive investments, such as investment funds and exchange-traded funds. 2. Credit and Lending: In this division, the Nedbank Group offers loans and financing to both individuals and businesses. This includes mortgage loans, leasing and factoring financing, as well as trade and export finance. 3. Transactional Services: This division encompasses services related to daily banking operations, such as account management, payments, and debit cards. This also includes specialized services such as online banking, digital currencies, and mobile banking. Products The Nedbank Group offers various products to meet customer needs. These include: 1. Accounts: The Nedbank Group offers various types of accounts, including basic accounts for daily use, savings accounts, and accounts with higher interest rates. 2. Loans: The company offers a variety of loans, including mortgages, auto loans, and loans for businesses. 3. Credit and Debit Cards: The Nedbank Group offers a wide range of credit and debit cards to enable customers to make flexible and secure payments. 4. Insurance: The Nedbank Group offers a wide range of insurance products, including life, health, auto, home, and contents insurance. 5. Asset Management: For customers looking to invest their wealth, the Nedbank Group offers asset management services to manage their wealth in line with their risk appetite and financial goals. Conclusion The Nedbank Group is a major bank offering a wide range of banking services, insurance, and asset management services. With a broad range of products and services, the Nedbank Group is a key player in the South African market and also has a presence in other African countries. The company has a strong history of expansion and innovation and remains a significant provider of banking services across Africa.

Nedbank Group SWOT Analysis

Strengths

1. Strong brand reputation: Nedbank Group Ltd is a well-established and highly recognized financial institution, known for its reliability and trusted services.

2. Extensive product portfolio: The company offers a wide range of financial products and services, including retail banking, wealth management, and corporate banking, providing options to cater to various customer needs.

3. Solid financial performance: Nedbank has consistently achieved strong financial results, demonstrating its ability to generate profits and maintain stability.

Weaknesses

1. Limited global presence: Nedbank's operations are primarily focused in South Africa, which leaves it vulnerable to domestic economic fluctuations.

2. Lack of technological innovation: The company has been relatively slow in adopting and implementing advanced digital technologies compared to some competitors, potentially hindering its ability to keep up with changing customer preferences.

3. Reliance on interest income: A significant portion of Nedbank's revenue comes from interest income, making it susceptible to interest rate fluctuations and economic downturns.

Opportunities

1. Growing demand for digital banking: The increasing preference for online and mobile banking presents an opportunity for Nedbank to invest in innovative digital solutions and capture a larger market share.

2. Expansion into emerging markets: Exploring business opportunities in emerging markets, especially in Africa, can offer Nedbank access to new customer segments and untapped growth potential.

3. Sustainable finance: As environmental and social factors gain importance, Nedbank can leverage its expertise to develop sustainable financial products and services, attracting environmentally conscious customers.

Threats

1. Intense competition: The banking industry is highly competitive, and Nedbank faces strong competition from other established banks as well as emerging fintech companies.

2. Regulatory challenges: Adherence to complex and evolving regulatory frameworks, including anti-money laundering and data protection regulations, can pose challenges and increase compliance costs.

3. Economic instability: Uncertain economic conditions and unforeseen events, such as recessions or political turmoil, can adversely impact Nedbank's business operations and financial performance.

Nedbank Group Eulerpool Fair Value

Nedbank Group historical P/E ratio, EBIT multiple, and P/S ratio

Nedbank Group annual returns

Details

Annual Return

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What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Nedbank Group shares outstanding

The number of shares was Nedbank Group in 2025 — This indicates how many shares 478.644 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

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Number of stocks
Details
Date
Number of stocks
Jan 1, 2005
400 M base_Shares
Jan 1, 2006
412 M base_Shares
Jan 1, 2007
414 M base_Shares
Jan 1, 2008
412 M base_Shares
Jan 1, 2009
435 M base_Shares
Jan 1, 2010
458 M base_Shares
Jan 1, 2011
462 M base_Shares
Jan 1, 2012
471 M base_Shares
Jan 1, 2013
474 M base_Shares
Jan 1, 2014
478 M base_Shares
Jan 1, 2015
483 M base_Shares
Jan 1, 2016
488 M base_Shares
Jan 1, 2017
490 M base_Shares
Jan 1, 2018
493 M base_Shares
Jan 1, 2019
487 M base_Shares

Nedbank Group Dividend History

36 years of dividend payments · 4 consecutive increases

YearAnnual DividendYoY ChangePayments
202521.32ZAR↑ 4.2%2×
Apr 9, 202511.04ZAR↑ 1944.4%1/2
Sep 3, 202510.28ZAR↓ 6.9%2/2
202420.47ZAR↑ 17.8%3×
202317.37ZAR↑ 12.7%2×
202215.41ZAR↑ 255.9%2×
20214.33ZAR↓ 37.7%1×
20206.95ZAR↓ 51.7%1×
201914.4ZAR↑ 5.1%2×
201813.7ZAR↑ 10.5%2×
201712.4ZAR↑ 8.8%2×
201611.4ZAR↑ 3.2%2×

Nedbank Group dividend history and estimates

In 2025, Nedbank Group paid a dividend amounting to 21.32 ZAR. Dividend means that Nedbank Group distributes a portion of its profits to its owners.

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Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2005
1.81 ZAR
0 ZAR
Jan 1, 2006
3.94 ZAR
0 ZAR
Jan 1, 2007
5.94 ZAR
0 ZAR
Jan 1, 2008
6.6 ZAR
0 ZAR
Jan 1, 2009
5.2 ZAR
0 ZAR
Jan 1, 2010
4.42 ZAR
0 ZAR
Jan 1, 2011
5.33 ZAR
0 ZAR
Jan 1, 2012
6.8 ZAR
0 ZAR
Jan 1, 2013
8.02 ZAR
0 ZAR
Jan 1, 2014
9.65 ZAR
0 ZAR
Jan 1, 2015
11.05 ZAR
0 ZAR
Jan 1, 2016
11.4 ZAR
0 ZAR
Jan 1, 2017
12.4 ZAR
0 ZAR
Jan 1, 2018
13.7 ZAR
0 ZAR
Jan 1, 2019
14.4 ZAR
0 ZAR

Nedbank Group dividend payout ratio

In 2025, Nedbank Group had a payout ratio of 51.37%. The payout ratio indicates the percentage of the company's profits that Nedbank Group distributes as dividends.

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Payout ratio
Details
Date
Payout ratio
Jan 1, 2005
18.89 %
Jan 1, 2006
35.85 %
Jan 1, 2007
40.85 %
Jan 1, 2008
42.44 %
Jan 1, 2009
46.89 %
Jan 1, 2010
42.1 %
Jan 1, 2011
39.75 %
Jan 1, 2012
42.96 %
Jan 1, 2013
44.02 %
Jan 1, 2014
47.12 %
Jan 1, 2015
49.8 %
Jan 1, 2016
54.89 %
Jan 1, 2017
52.28 %
Jan 1, 2018
50.52 %
Jan 1, 2019
58.44 %
Price targets and forecasts for Nedbank Group are not yet available.

Nedbank Group Earnings Estimates

Nedbank Group Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
3/5/202418.3ZAR36.97 BZAR2023 Q4
8/8/202317.12ZAR36.05 BZAR2023 Q2
3/7/202313.93ZAR30.98 BZAR2022 Q4
8/10/202213.57ZAR30.74 BZAR2022 Q2
3/9/202213ZAR29.89 BZAR2021 Q4
8/11/202111.01ZAR28 BZAR2021 Q2
3/17/20216.99ZAR27.28 BZAR2020 Q4
8/26/20204.36ZAR24.24 BZAR2020 Q2
3/3/202014.31ZAR30.56 BZAR2019 Q4
8/6/201914.3ZAR28.33 BZAR2019 Q2

EESG©

Eulerpool ESG Scorecard© for the Nedbank Group stock

81/100
99
Environment
99
Social
45
Governance
E

Environment

20
Scope 1 - Direct Emissions2,083
Scope 2 - Indirect emissions from purchased energy68,475
Scope 3 - Indirect emissions within the value chain12,177,462
Total CO₂ emissions70,558
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees61.5
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Nedbank Group shareholder structure

% Name
16.22977%
Public Investment Corporation (SOC) Limited
Public Investment Corporation (SOC) Limited
8.16403%
Allan Gray Proprietary Limited
Allan Gray Proprietary Limited
5.08886%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
5.05935%
Coronation Fund Managers Limited
Coronation Fund Managers Limited
4.02523%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
4.00464%
Old Mutual Ltd
Old Mutual Ltd
3.76697%
Ninety One SA Pty Ltd.
Ninety One SA Pty Ltd.
3.4141%
Sanlam Investment Management (Pty) Ltd.
Sanlam Investment Management (Pty) Ltd.
2.9987%
Lazard Asset Management, L.L.C.
Lazard Asset Management, L.L.C.
2.13661%
Fairtree Asset Management (Pty) Ltd
Fairtree Asset Management (Pty) Ltd
...

Nedbank Group Executives and Management Board

IB

Ing. Anel Bosman

(57)

Group Managing Executive - Nedbank Corporate And Investment Banking

Compensation33.33 M ZAR
MN

Mr. Mfundo Nkuhlu

(57)

Chief Operating Officer, Executive Director · since 2009

Compensation31.91 M ZAR
MD

Mr. Michael Davis

(52)

Chief Financial Officer, Executive Director · since 2015

Compensation30.3 M ZAR
CT

Mr. Ciko Thomas

(55)

Group Managing Executive - Nedbank Retail and Business Banking

Compensation28.8 M ZAR
TS

Dr. Terence Sibiya

(54)

Group Managing Executive, Nedbank Africa Regions

Compensation24.09 M ZAR

Frequently asked questions about Nedbank Group

Nedbank Group Ltd is primarily present in South Africa, as it is a leading financial institution within the country. With its headquarters located in Johannesburg, Nedbank operates throughout various provinces in South Africa. Additionally, the company has a presence in several other African countries, including Namibia, Swaziland, Lesotho, Zimbabwe, Malawi, Mozambique, and Botswana. Nedbank's focus on expanding its operations and growing its customer base within these regions contributes to its strong presence in the African continent.

All fundamentals and in-depth analysis of Nedbank Group

Our stock analysis for Nedbank Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Nedbank Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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