Nedbank Group (NED.JO) Stock Price

Nedbank Group Price

JSE·CLOSED
29,348.00ZAR-172.00 (-0.58 %)
Market closed

Revenue has compounded at 8.4% per year over the past 19 years to 80.03 B ZAR. Earnings per share have grown at 7.1% per year over the last 19 years. Nedbank Group's net margin stands at 21.0%, up from 6.0% several years earlier. Nedbank Group currently offers a dividend yield of about 0.07%. The payout ratio is around 57% of earnings. The dividend has grown at 13.6% per year over the past 19 years. Analysts set a median price target of 295.80 ZAR, implying 99.0% below the current price. Of 14 analysts, 7 rate the stock a buy — an overall Buy consensus. The stock trades about 41% above its 52-week low.

Nedbank Group stock price

Volume
Ex-Dividend
Details

Stock Price

ⓘ

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
8/11/202629,348.00 ZAR
8/7/202629,520.00 ZAR
8/6/202629,737.00 ZAR
8/5/202629,116.00 ZAR
8/4/202629,063.00 ZAR
7/31/202627,964.00 ZAR
7/30/202627,701.00 ZAR
7/29/202627,188.00 ZAR
7/28/202627,289.00 ZAR
7/27/202627,263.00 ZAR
7/24/202627,281.00 ZAR
7/23/202627,130.00 ZAR
7/22/202627,444.00 ZAR
7/21/202627,398.00 ZAR
7/20/202627,200.00 ZAR
7/17/202627,172.00 ZAR
7/16/202627,307.00 ZAR
7/15/202626,829.00 ZAR
7/14/202626,959.00 ZAR
7/13/202627,207.00 ZAR
7/10/202627,099.00 ZAR
7/9/202626,624.00 ZAR
7/8/202626,786.00 ZAR
7/7/202627,011.00 ZAR
7/6/202627,374.00 ZAR
7/3/202627,125.00 ZAR
7/2/202626,995.00 ZAR
7/1/202626,576.00 ZAR
6/30/202626,995.00 ZAR
6/29/202627,250.00 ZAR
6/26/202627,031.00 ZAR
6/25/202627,550.00 ZAR
6/24/202627,505.00 ZAR
6/23/202627,966.00 ZAR
6/22/202627,978.00 ZAR
6/19/202627,982.00 ZAR
6/18/202627,575.00 ZAR
6/17/202626,871.00 ZAR
6/15/202626,412.00 ZAR
6/12/202626,320.00 ZAR
6/11/202625,875.00 ZAR
6/10/202626,000.00 ZAR
6/9/202625,754.00 ZAR
6/8/202625,770.00 ZAR
6/5/202625,818.00 ZAR
6/4/202625,631.00 ZAR
6/3/202625,520.00 ZAR
6/2/202625,495.00 ZAR
6/1/202625,706.00 ZAR
5/29/202625,833.00 ZAR
5/28/202625,826.00 ZAR
5/27/202626,027.00 ZAR
5/26/202625,732.00 ZAR
5/25/202626,100.00 ZAR
5/22/202625,768.00 ZAR
5/21/202625,761.00 ZAR
5/20/202625,513.00 ZAR
5/19/202625,300.00 ZAR
5/18/202625,606.00 ZAR
5/15/202625,585.00 ZAR
5/14/202625,874.00 ZAR
5/13/202625,534.00 ZAR
5/12/202625,676.00 ZAR
5/11/202625,881.00 ZAR
5/8/202626,057.00 ZAR
5/7/202626,588.00 ZAR
5/6/202626,830.00 ZAR
5/5/202626,240.00 ZAR
5/4/202626,369.00 ZAR
4/30/202626,714.00 ZAR
4/29/202626,462.00 ZAR
4/28/202626,563.00 ZAR
4/24/202626,400.00 ZAR
4/23/202626,535.00 ZAR
4/22/202626,766.00 ZAR
4/21/202626,758.00 ZAR
4/20/202626,899.00 ZAR
4/17/202627,237.00 ZAR
4/16/202626,921.00 ZAR
4/15/202627,061.00 ZAR
4/14/202626,797.00 ZAR
4/13/202626,963.00 ZAR
4/10/202627,356.00 ZAR
4/9/202627,010.00 ZAR
4/8/202627,476.00 ZAR
4/7/202627,211.00 ZAR
4/2/202627,427.00 ZAR
4/1/202627,383.00 ZAR
3/31/202626,676.00 ZAR
3/30/202626,700.00 ZAR
3/27/202627,073.00 ZAR
3/26/202627,415.00 ZAR
3/25/202627,510.00 ZAR
3/24/202626,564.00 ZAR
3/23/202626,303.00 ZAR
3/20/202626,503.00 ZAR
3/19/202626,475.00 ZAR
3/18/202626,715.00 ZAR
3/17/202627,055.00 ZAR
3/16/202626,475.00 ZAR
3/13/202626,096.00 ZAR
3/12/202626,469.00 ZAR
3/11/202627,392.00 ZAR
3/10/202627,800.00 ZAR
3/9/202627,463.00 ZAR
3/6/202627,675.00 ZAR
3/5/202628,615.00 ZAR
3/4/202629,660.00 ZAR
3/3/202629,833.00 ZAR
3/2/202630,809.00 ZAR
2/27/202631,500.00 ZAR
2/26/202631,448.00 ZAR
2/25/202629,100.00 ZAR
2/24/202629,100.00 ZAR
2/23/202628,576.00 ZAR
2/20/202628,320.00 ZAR
2/19/202628,426.00 ZAR
2/18/202628,625.00 ZAR
2/17/202628,175.00 ZAR
2/16/202628,147.00 ZAR
2/13/202628,153.00 ZAR
2/12/202628,119.00 ZAR
2/11/202628,056.00 ZAR
2/10/202627,791.00 ZAR
2/9/202626,925.00 ZAR
2/6/202626,976.00 ZAR
2/5/202627,000.00 ZAR
2/4/202627,000.00 ZAR
2/3/202627,100.00 ZAR
2/2/202626,981.00 ZAR
1/30/202626,534.00 ZAR
1/29/202626,300.00 ZAR
1/28/202626,015.00 ZAR
1/27/202626,146.00 ZAR
1/26/202626,764.00 ZAR
1/23/202627,355.00 ZAR
1/22/202627,092.00 ZAR
1/21/202627,424.00 ZAR
1/20/202627,334.00 ZAR
1/19/202627,318.00 ZAR
1/16/202627,250.65 ZAR
1/15/202627,410.00 ZAR
1/14/202627,040.00 ZAR
1/13/202627,214.00 ZAR
1/12/202627,543.00 ZAR
1/9/202627,841.11 ZAR
1/8/202627,642.00 ZAR
1/7/202627,485.00 ZAR
1/6/202627,600.00 ZAR
1/5/202626,903.00 ZAR
1/2/202626,734.00 ZAR
12/31/202526,626.00 ZAR
12/30/202526,568.00 ZAR
12/29/202526,605.00 ZAR
12/24/202526,412.00 ZAR
12/23/202526,203.00 ZAR
12/22/202526,024.00 ZAR
12/19/202526,069.00 ZAR
12/18/202526,333.00 ZAR
12/17/202526,220.00 ZAR
12/15/202525,972.00 ZAR
12/12/202525,900.00 ZAR
12/11/202525,997.00 ZAR
12/10/202525,651.92 ZAR
12/9/202525,582.80 ZAR
12/8/202525,398.00 ZAR
12/5/202525,968.69 ZAR
12/4/202526,195.00 ZAR
12/3/202525,879.00 ZAR
12/2/202525,618.00 ZAR
12/1/202525,339.00 ZAR
11/28/202525,566.00 ZAR
11/27/202525,882.00 ZAR
11/26/202526,310.00 ZAR
11/25/202526,164.00 ZAR
11/24/202526,193.00 ZAR
11/21/202526,146.00 ZAR
11/20/202526,668.00 ZAR
11/19/202526,272.00 ZAR
11/18/202526,340.29 ZAR
11/17/202526,283.00 ZAR
11/14/202525,926.00 ZAR
11/13/202526,163.00 ZAR
11/12/202525,581.00 ZAR
11/11/202525,093.00 ZAR
11/10/202524,979.00 ZAR
11/7/202524,574.00 ZAR
11/6/202524,492.00 ZAR
11/5/202523,954.00 ZAR
11/4/202523,174.00 ZAR
11/3/202523,582.00 ZAR
10/31/202523,616.00 ZAR
10/30/202523,665.00 ZAR
10/29/202524,197.00 ZAR
10/28/202524,319.00 ZAR
10/27/202523,950.00 ZAR
10/24/202524,095.00 ZAR
10/23/202524,141.00 ZAR
10/22/202523,834.00 ZAR
10/21/202523,361.00 ZAR
10/20/202523,511.00 ZAR
10/17/202523,107.00 ZAR
10/16/202523,351.80 ZAR
10/15/202523,262.00 ZAR
10/14/202523,171.00 ZAR
10/13/202523,441.00 ZAR
10/10/202523,431.00 ZAR
10/9/202523,329.00 ZAR
10/8/202523,194.00 ZAR
10/7/202522,746.00 ZAR
10/6/202522,953.00 ZAR
10/3/202522,697.00 ZAR
10/2/202521,937.00 ZAR
10/1/202521,734.00 ZAR
9/30/202521,350.00 ZAR
9/29/202521,135.00 ZAR
9/26/202521,094.00 ZAR
9/25/202520,833.00 ZAR
9/23/202521,184.18 ZAR
9/22/202521,090.00 ZAR
9/19/202521,426.00 ZAR
9/18/202521,722.00 ZAR
9/17/202521,434.00 ZAR
9/16/202521,584.00 ZAR
9/15/202521,526.00 ZAR
9/12/202521,700.00 ZAR
9/11/202521,699.00 ZAR
9/10/202521,406.00 ZAR
9/9/202521,483.00 ZAR
9/8/202521,499.00 ZAR
9/5/202521,316.64 ZAR
9/4/202521,074.00 ZAR
9/3/202521,258.00 ZAR
9/2/202522,550.00 ZAR
9/1/202522,663.83 ZAR
8/29/202522,642.00 ZAR
8/28/202522,678.00 ZAR
8/27/202522,438.00 ZAR
8/26/202522,400.00 ZAR
8/25/202523,102.67 ZAR
8/22/202523,231.88 ZAR
8/21/202522,932.00 ZAR
8/20/202523,009.76 ZAR
8/19/202523,165.00 ZAR
8/18/202523,098.00 ZAR
8/15/202523,239.00 ZAR
8/14/202523,604.14 ZAR
Access this data via the Eulerpool API
Get Free API Key

Nedbank Group Revenue, Pre-Provision Profit, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
Pre-Provision Profit
Net Income
Details
Date
Revenue
Pre-Provision Profit
Net Income
Jan 1, 2021
62.66 B ZAR
22.96 B ZAR
11.24 B ZAR
Jan 1, 2022
69.37 B ZAR
27.14 B ZAR
14.29 B ZAR
Jan 1, 2023
76.66 B ZAR
31.04 B ZAR
15.31 B ZAR
Jan 1, 2024
80.03 B ZAR
31.22 B ZAR
16.83 B ZAR
Jan 1, 2025 (e)
74.10 B ZAR
0.00 ZAR
16.88 B ZAR
Jan 1, 2026 (e)
77.77 B ZAR
0.00 ZAR
18.03 B ZAR
Jan 1, 2027 (e)
82.98 B ZAR
0.00 ZAR
19.62 B ZAR
Jan 1, 2028 (e)
88.83 B ZAR
0.00 ZAR
21.52 B ZAR

Nedbank Group Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 13, 2026, 12:28 PM
 
REVENUEB ZAR
REVENUE GROWTH%
Net Interest IncomeB ZAR
Non-Interest IncomeB ZAR
Loan Loss ProvisionsB ZAR
Pre-Provision Profit (PPOP)B ZAR
NET INCOMEB ZAR
NET INCOME GROWTH%
DIV.ZAR
DIV. GROWTH%
SHARESM
2013201420152016201720182019202020212022202320242025e2026e2027e2028e
65.4372.9982.7796.9699.36102.45110.4799.9695.93115.20152.10163.2474.1077.7782.9888.83
5.4811.5613.4017.152.483.107.84-9.52-4.0320.0932.037.32-54.614.966.707.06
21.2222.9623.8926.4327.6228.8230.1730.0832.5036.2841.4741.81––––
19.3420.3722.4823.5724.0626.5026.7927.6630.1633.1035.1938.22––––
5.574.514.794.553.303.696.1313.136.537.389.618.00––––
17.5418.1619.4719.1719.8122.5922.7419.4622.9627.1431.0431.22––––
8.649.8010.7210.1311.6213.3812.003.4711.2414.2915.3116.8316.8818.0319.6221.52
15.9513.429.44-5.4914.7015.10-10.28-71.11224.1427.137.139.990.286.798.839.70
8.029.6511.0511.4012.4013.7014.4013.908.6615.4117.3720.4721.3223.2925.45–
17.9420.3214.513.178.7710.485.11-3.47-37.7077.9412.7217.854.159.249.27–
474.00478.00483.00488.00490.00493.00487.00489.00485.00500.65489.24478.64478.64478.64478.64478.64
Details

Income Statement Key Figures

ⓘ

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.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Cost-Income Ratio
Profit margin
Details
Date
Cost-Income Ratio
Profit margin
Jan 1, 2020
66.30 %
6.00 %
Jan 1, 2021
63.35 %
17.94 %
Jan 1, 2022
60.88 %
20.59 %
Jan 1, 2023
59.51 %
19.97 %
Jan 1, 2024
61.00 %
21.03 %
Jan 1, 2025 (e)
0.00 %
22.78 %
Jan 1, 2026 (e)
0.00 %
23.18 %
Jan 1, 2027 (e)
0.00 %
23.64 %

Nedbank Group Revenue per Share, 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.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
Earnings per Share
Details
Date
Revenue per Share
Earnings per Share
Jan 1, 2020
118.07 ZAR
7.09 ZAR
Jan 1, 2021
129.19 ZAR
23.17 ZAR
Jan 1, 2022
138.57 ZAR
28.54 ZAR
Jan 1, 2023
156.69 ZAR
31.28 ZAR
Jan 1, 2024
167.20 ZAR
35.17 ZAR
Jan 1, 2025 (e)
155.25 ZAR
35.37 ZAR
Jan 1, 2026 (e)
162.95 ZAR
37.77 ZAR
Jan 1, 2027 (e)
173.86 ZAR
41.11 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

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

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

Nedbank Group annual returns

Details

Annual Return

ⓘ

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 of Nedbank Group was 478.64 M in 2025. This indicates how many shares Nedbank Group is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2020
489.00 M Stocks
Jan 1, 2021
485.00 M Stocks
Jan 1, 2022
500.65 M Stocks
Jan 1, 2023
489.24 M Stocks
Jan 1, 2024
478.64 M Stocks
Jan 1, 2025 (e)
478.64 M Stocks
Jan 1, 2026 (e)
478.64 M Stocks
Jan 1, 2027 (e)
478.64 M Stocks

Nedbank Group stock splits

In Nedbank Group's history, there have been no stock splits.

Nedbank Group Dividend History

37 years of dividend payments · 4 consecutive increases

YearAnnual DividendYoY ChangePayments
20261,104.00ZARYTD—1×
Apr 8, 20261,104.00ZAR↑ 10,639.3%1/1
202521.32ZAR↑ 4.2%2×
Apr 9, 202511.04ZAR↑ 1,944.4%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×
201914.40ZAR↑ 5.1%2×
201813.70ZAR↑ 10.5%2×
201712.40ZAR↑ 8.8%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.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2020 (e)
6.95 ZAR
6.95 ZAR
Jan 1, 2021 (e)
4.33 ZAR
4.33 ZAR
Jan 1, 2022
15.41 ZAR
0.00 ZAR
Jan 1, 2023
17.37 ZAR
0.00 ZAR
Jan 1, 2024
20.47 ZAR
0.00 ZAR
Jan 1, 2025
21.32 ZAR
0.00 ZAR
Jan 1, 2026 (e)
0.00 ZAR
23.29 ZAR
Jan 1, 2027 (e)
0.00 ZAR
25.45 ZAR

Nedbank Group dividend payout ratio

In 2025, Nedbank Group had a payout ratio of 60.27%. The payout ratio indicates the percentage of the company's profits that Nedbank Group distributes as dividends.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2020
98.03 %
Jan 1, 2021
18.69 %
Jan 1, 2022
54.00 %
Jan 1, 2023
55.52 %
Jan 1, 2024
56.67 %
Jan 1, 2025 (e)
60.27 %
Jan 1, 2026 (e)
61.66 %
Jan 1, 2027 (e)
61.90 %

Current Nedbank Group forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
3.57 %
Buy
50.00 % (7)
Hold
35.71 % (5)
Sell
14.29 % (2)
12M Price Target
295.80
Last Price
29,205.00
Currency
ZAR
12M Return Potential
-98.99 %
LTM Return
0 %

Nedbank Group Earnings Calls

Nedbank Group Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
3/5/202418.30ZAR-36.97 BZAR-2023 Q4
8/8/202317.12ZAR-36.05 BZAR-2023 Q2
3/7/202313.93ZAR-30.98 BZAR-2022 Q4
8/10/202213.57ZAR-30.74 BZAR-2022 Q2
3/9/202213.00ZAR-29.89 BZAR-2021 Q4
8/11/202111.01ZAR-28.00 BZAR-2021 Q2
3/17/20216.99ZAR-27.28 BZAR-2020 Q4
8/26/20204.36ZAR-24.24 BZAR-2020 Q2
3/3/202014.31ZAR-30.56 BZAR-2019 Q4
8/6/201914.30ZAR-28.33 BZAR-2019 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
5.08886%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
1.13630%
BlackRock Advisors (UK) Limited
BlackRock Advisors (UK) Limited
1.00995%
Dimensional Fund Advisors, L.P.
Dimensional Fund Advisors, L.P.
0.96999%
MFS Investment Management
MFS Investment Management
0.88573%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
0.58648%
Old Mutual Investment Group (South Africa) (Pty) Limited
Old Mutual Investment Group (South Africa) (Pty) Limited
...

Nedbank Group Beneficial Ownership Filings (SEC 13D/G)

Free Float
99.5%
Float Shares
-
Shares Outstanding
-

Nedbank Group Executives and Management Board

27 members · avg. age 55 · 41 % women

IB

Ing. Anel Bosman (57)

Group Managing Executive - Nedbank Corporate And Investment Banking

33.33 M ZAR

Management

MN

Mr. Mfundo Nkuhlu (57)

Chief Operating Officer, Executive Director · since 2009

31.91 M ZAR
MD

Mr. Michael Davis (52)

Chief Financial Officer, Executive Director · since 2015

30.30 M ZAR
CT

Mr. Ciko Thomas (55)

Group Managing Executive - Nedbank Retail and Business Banking

28.80 M ZAR
TS

Dr. Terence Sibiya (54)

Group Managing Executive, Nedbank Africa Regions

24.09 M ZAR
IR

Ms. Iolanda Ruggiero (53)

Group Managing Executive - Nedbank Wealth

21.69 M ZAR
JQ

Mr. Jason Quinn (49)

Chief Executive Officer

–

Board of Directors

DM

Mr. Daniel Mminele (59)

Independent Non-Executive Chairman of the Board

4.02 M ZAR
EK

Mr. Errol Kruger (66)

Independent Non-Executive Director

2.38 M ZAR
SS

Mr. Stanley Subramoney (65)

Independent Non-Executive Director

2.21 M ZAR
HB

Mr. Hubert Brody (60)

Lead Non-Executive Independent Director

2.08 M ZAR
LM

Ms. Linda Makalima (55)

Independent Non-Executive Director

1.73 M ZAR
RL

Mr. Robert Leith (61)

Independent Non-Executive Director

1.56 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.

The business model of Nedbank Group Ltd is based on providing financial services to individuals, corporate clients, and small and medium-sized enterprises (SMEs) in South Africa. Nedbank offers a wide range of banking products and solutions, including retail and wholesale banking, investment banking, asset management, and insurance services. With a focus on sustainable and responsible banking, Nedbank aims to support its customers in achieving their financial goals while contributing to the economic growth and development of the country. As one of the largest banks in South Africa, Nedbank Group Ltd strives to deliver excellent service, innovative solutions, and personalized financial advice to its clients.

Nedbank Group Ltd is primarily active in the banking and financial services industry.

The main competitors of Nedbank Group Ltd in the market are Standard Bank Group, FirstRand Limited, and Absa Group Limited.

Nedbank Group Ltd, established in 1888, is a prominent South African banking and financial services company. The company has a rich history and has emerged as one of Africa's largest banking groups. Nedbank offers a wide range of banking products and services, catering to individual, business, and corporate clients. Over the years, Nedbank has built a strong reputation for its commitment to sustainable banking practices and social responsibility. With its extensive network of branches and ATMs across South Africa, Nedbank Group Ltd continues to be a leading player in the country's banking industry, delivering innovative solutions and exceptional customer service.

Nedbank Group Ltd, a leading financial institute in South Africa, has achieved several significant milestones over the years. Its success can be attributed to various accomplishments, including its strong financial performance and market leadership. The company has consistently expanded its digital banking offerings, enhancing customer convenience and satisfaction. Nedbank Group Ltd has also focused on sustainable growth, implementing responsible lending practices, and promoting financial inclusion. Moreover, the company has received numerous awards and accolades, recognizing its excellence in areas such as customer service, innovation, and corporate social responsibility. Such achievements highlight Nedbank Group Ltd's commitment to delivering exceptional financial services and driving positive change within the industry.

Nedbank Group Ltd represents a strong set of values and corporate philosophy. The company believes in the power of diversity, integrity, and innovation. Nedbank Group Ltd strives to create sustainable growth by embracing inclusivity and driving positive change in society. With a focus on ethical practices, customer-centricity, and responsible banking, Nedbank Group Ltd aims to make a meaningful impact in the lives of its stakeholders. By fostering relationships based on trust and delivering innovative financial solutions, the company aims to empower individuals, businesses, and communities to build a better future.

Analysts currently set an average price target of 297.33 ZAR for the Nedbank Group stock (median: 295.80 ZAR), implying -99.0 % versus the latest price. The consensus is based on 14 analyst ratings.

Nedbank Group Analyst Price Targets 2026

14 analysts currently rate the Nedbank Group stock: 7 recommend buying, 5 holding and 2 selling. For 2026, analysts expect Nedbank Group to generate revenue of 77.77 B ZAR and earnings per share of 37.66 ZAR.

Nedbank Group Analyst Price Targets 2026

Converted at the current exchange rate, the Nedbank Group share trades at 1,576.80 EUR (29,348.00 ZAR).

The Nedbank Group share (NED.JO) is listed on 5 stock exchanges, including: Frankfurt (NCO.F), München (NCO.MU), Düsseldorf (NCO.DU).

Nedbank Group Ltd is a South African bank holding company that was founded in 1966 and is headquartered in Johannesburg. The company is listed on the Johannesburg Stock Exchange and is considered one of the four largest banks in South Africa. The business model of Nedbank Group consists of various divisions, all of which are focused on the South African market. These include retail banking, business banking, corporate and investment banking, and wealth management. In retail banking, Nedbank offers a variety of products and services, including current accounts, credit cards, mortgages, personal loans, and savings and investment products. The company also operates a number of branches and ATMs throughout the country to provide personalized service to customers. In business banking, Nedbank Group focuses on small and medium-sized enterprises (SMEs). The company offers credit, payment, cash management, and financial solutions. The goal is to help these businesses realize their potential and promote their growth. The corporate and investment banking division offers a wide range of financial services to large companies and institutional clients. These include leverage finance, stock issuances, trade finance, and asset management. In addition to these traditional banking divisions, Nedbank also has a wealth management division that offers individual investment portfolios and advisory services to clients. Insurance and pension funds are also offered here. Another important aspect of Nedbank Group's business model is the integration of environmental, social, and governance factors (ESG) into their business practices. The company focuses on sustainability and seeks sustainable solutions for its customers and the environment. Overall, Nedbank Group's business model is focused on a wide range of customers and covers all aspects of the banking industry. With a strong focus on sustainability and social responsibility, the company strives to meet the needs of its customers and ensure effective, secure, and efficient banking. In terms of SEO optimization of this text, one could integrate key keywords such as bank holding company, retail banking, business banking, corporate and investment banking, wealth management, and sustainability into the text. In addition, one could incorporate links to relevant pages and resources to increase the SEO value of the text.

The expected revenue of Nedbank Group is 77.77 B ZAR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Nedbank Group is 18.03 B ZAR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Nedbank Group is currently 779.20. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Nedbank Group stock.

The price-to-sales ratio (P/S) of Nedbank Group is currently 180.62. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Nedbank Group stock.

The Eulerpool Quality Score for Nedbank Group is 3/10.

The ISIN of Nedbank Group is ZAE000004875. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Nedbank Group is 864784. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Nedbank Group is NED.JO. The ticker symbol is used to trade Nedbank Group shares on the stock exchange.

Over the past 12 months, Nedbank Group paid a dividend of 20.47 ZAR . This corresponds to a dividend yield of about 0.07 %. For the coming 12 months, Nedbank Group is expected to pay a dividend of 25.45 ZAR.

The current dividend yield of Nedbank Group is 0.07 %.

Nedbank Group pays a dividend, distributed in the months of , , , .

Nedbank Group paid dividends every year for the past 36 years.

For the upcoming 12 months, dividends amounting to 25.45 ZAR are expected. This corresponds to a dividend yield of 0.09 %.

Nedbank Group is assigned to the 'Finance' sector.

In the year 2025, Nedbank Group distributed 20.47 ZAR as dividends.

The dividends of Nedbank Group are distributed in ZAR.

All fundamentals and in-depth analysis of Nedbank Group

Our stock analysis for Nedbank Group 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. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

Nedbank Group Stock
Nedbank Group Revenue→
Nedbank Group Stock
Nedbank Group Net Income→
Nedbank Group Stock
Nedbank Group P/E→
Nedbank Group Stock
Nedbank Group P/S→
Nedbank Group Stock
Nedbank Group EBIT→
Nedbank Group Stock
Nedbank Group Dividend→
Nedbank Group Stock
Nedbank Group Directors Dealings→
Nedbank Group Stock
Nedbank Group Stocks→
Nedbank Group Stock
Nedbank Group Market capitalization→
Nedbank Group Stock
Nedbank Group Debt→
Nedbank Group Stock
Nedbank Group Liabilities→
Nedbank Group Stock
Nedbank Group Equity→
Nedbank Group Stock
Nedbank Group AAQS→
Nedbank Group Stock
Nedbank Group Employees→
Nedbank Group Stock
Nedbank Group ROE→
Nedbank Group Stock
Nedbank Group ROA→
Nedbank Group Stock
Nedbank Group ROCE→
Nedbank Group Stock
Nedbank Group News→
Nedbank Group Stock
Nedbank Group Analyst Price Targets→

Finance Stocks

Neffs BancorpNEC Capital SolutionsNeil IndustriesNCR AtleosNelnetNCL Research and Financial ServicesNEM InsuranceNBT BancorpNeo Energy MetalsNBI Industrial Finance CompanyNEO FinanceNB BancorpAll Stocks A–Z →