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Nedbank Group (NED.JO)

ZAc26,829.00 -130.00 (-0.48%)
ZA JNB Financial Services Banks - Regional
Address 135 Rivonia Road 2196
Sandton, GP, ZA
CEO Jason Patrick Quinn
IPO 2000-01-04
ISIN ZAE000004875

Explore sections of this company profile

Also trades on Johannesburg Stock Exchange · NED.JO (ZAc) Other OTC · NDBKF (USD) Other OTC · NDBKY (USD)
Description

Nedbank Group Limited, together with its subsidiaries, provides various wholesale and retail banking services in South Africa, rest of Africa, Europe, Asia, the United States, and internationally. The company operates through Nedbank Corporate and Investment Banking; Nedbank Business and Commercial Banking; Nedbank Personal and Private Banking; Nedbank Africa Regions; and Centre segments. It offers lending products, advisory services, leverage financing, trading, brokering, structuring, hedging, and client coverage; corporate finance advisory, innovative financial products and services, customised transactional banking, asset management, and commercial property finance; transactional accounts, home loans, vehicle and asset finance, card services, personal loans, insurance and investments; Wealth services include trust and estate planning, stockbroking, and financial planning, as well as tailored banking and services; and franchising and manufacturing industries and public sector. The company also provides life and non-life insurance; asset management; trust and estate planning, stockbroking, and financial planning wealth management services. In addition, it offers capital management, funding, and liquidity risk management. The company was formerly known as Nedcor Limited and changed its name to Nedbank Group Limited in 2005. Nedbank Group Limited was founded in 1831 and is headquartered in Sandton, South Africa.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
ZAc26,829.00 -130.00 (-0.48%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
0.39
Float Shares
434.46M
Free Float %
95.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.41% +0.86% -2.94% -17.69% +1.42% -2.62% +1.02% +24.56% +59.07% +46.49% +90.65%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
26,829.00
Ratings Trend (MoM) 33% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 2 0
Hold 4 0
Sell 1 0
Strong Sell 1 0
Quality scores
Altman Z-Score
-0.88
Distress
Piotroski F-Score
4 / 9
Average
Composite Rating
B-
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
2 / 5
Medium
ROA Score
2 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
  • Revenue growth
    -0.2% Q4'25: +1.5% (vs Q4'23)
  • EPS growth
    -53.2% Q4'25: -93.8% (vs Q4'23)
  • FCF margin
    Q4'25: +13.4% (vs Q4'23)
  • EBIT margin
    Q4'25: +4.7% (vs Q4'23)
  • ROIC
    Q4'25: +0.0% (vs Q4'23)
  • Share dilution
    -1.0% Q4'25: -5.4% (vs Q4'23)
  • Debt / EBITDA
    Q4'25: 927.48× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.44) × ERP
WACC = 1% × Ke + 99% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 26,829.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
7 Rev. Ana.
7 EPS Ana.
Dec 2027
7 Rev. Ana.
7 EPS Ana.
Dec 2028
7 Rev. Ana.
4 EPS Ana.
Revenue
83.35B
est: 45.60B (+82.8%)
96.21B
est: 49.26B (+95.3%)
104.16B
est: 51.48B (+102.3%)
106.96B
est: 53.91B (+98.4%)
114.52B
est: 57.27B (+100.0%)
98.54B
est: 54.06B (+82.3%)
95.08B
est: 56.27B (+69.0%)
113.72B
est: 63.54B (+79.0%)
150.32B
est: 62.89B (+139.0%)
161.62B
est: 70.97B (+127.7%)
161.28B
est: 74.10B (+117.7%)
77.93B
77.10B – 79.06B
+5.2% YoY
83.17B
82.07B – 83.98B
+6.7% YoY
89.14B
88.66B – 89.62B
+7.2% YoY
EBITDA
14.84B
est: 9.51B (+56.0%)
15.96B
est: 10.28B (+55.4%)
18.76B
est: 10.74B (+74.7%)
19.88B
est: 11.24B (+76.8%)
19.21B
est: 11.95B (+60.8%)
9.80B
est: 11.28B (-13.1%)
17.95B
est: 11.74B (+52.9%)
21.11B
est: 13.25B (+59.2%)
22.26B
est: 9.66B (+130.4%)
24.45B
est: 10.90B (+124.3%)
15.22B
est: 11.38B (+33.7%)
11.97B
11.84B – 12.14B
+5.2% YoY
12.78B
12.61B – 12.90B
+6.7% YoY
13.69B
13.62B – 13.77B
+7.2% YoY
EBIT
13.81B
est: 6.09B (+126.8%)
14.72B
est: 6.58B (+123.7%)
17.35B
est: 6.88B (+152.3%)
18.37B
est: 7.20B (+155.2%)
15.86B
est: 7.65B (+107.4%)
6.42B
est: 7.22B (-11.0%)
15.64B
est: 7.52B (+108.2%)
18.88B
est: 8.49B (+122.5%)
19.98B
est: 8.56B (+133.6%)
21.91B
est: 9.65B (+126.9%)
13.09B
est: 10.08B (+29.8%)
10.60B
10.49B – 10.76B
+5.2% YoY
11.31B
11.16B – 11.42B
+6.7% YoY
12.13B
12.06B – 12.19B
+7.2% YoY
Net Income
10.72B
est: 10.71B (+0.1%)
10.13B
est: 11.08B (-8.5%)
11.62B
est: 11.37B (+2.2%)
13.38B
est: 13.13B (+1.9%)
12.79B
est: 13.22B (-3.2%)
4.40B
est: 5.29B (-16.8%)
12.29B
est: 11.05B (+11.3%)
15.27B
est: 13.15B (+16.1%)
16.76B
est: 16.21B (+3.4%)
18.32B
est: 16.64B (+10.1%)
9.26B
est: 16.77B (-44.8%)
18.01B
17.14B – 18.31B
+7.4% YoY
19.08B
18.01B – 20.15B
+5.9% YoY
21.27B
20.36B – 21.78B
+11.5% YoY
SGA
15.76B
est: 1.66B (+851.4%)
17.15B
est: 1.79B (+858.3%)
18.12B
est: 1.87B (+869.1%)
19.02B
est: 1.96B (+871.1%)
17.86B
est: 2.08B (+758.7%)
17.26B
est: 1.96B (+778.8%)
18.07B
est: 2.04B (+784.2%)
20.76B
est: 2.31B (+799.7%)
22.56B
est: 10.43B (+116.3%)
24.04B
est: 11.77B (+104.2%)
25.43B
est: 12.29B (+107.0%)
12.92B
12.79B – 13.11B
+5.2% YoY
13.79B
13.61B – 13.93B
+6.7% YoY
14.78B
14.70B – 14.86B
+7.2% YoY
EPS
22.61
est: 22.37 (+1.1%)
21.21
est: 23.14 (-8.3%)
24.17
est: 23.75 (+1.8%)
27.68
est: 27.44 (+0.9%)
25.00
est: 27.62 (-9.5%)
7.18
est: 11.05 (-35.0%)
23.17
est: 23.08 (+0.4%)
29.34
est: 27.64 (+6.1%)
32.39
est: 34.18 (-5.3%)
36.10
est: 35.11 (+2.8%)
16.81
est: 35.37 (-52.5%)
37.76
36.16 – 38.62
+6.7% YoY
40.89
37.99 – 42.50
+8.3% YoY
44.63
42.95 – 45.94
+9.1% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B- 3/5 4/5 2/5 2/5 1/5 2/5 4/5
2026-05-28 B- 3/5 4/5 2/5 2/5 1/5 2/5 4/5
2026-05-27 B- 3/5 4/5 2/5 2/5 1/5 2/5 4/5
2026-05-26 B- 3/5 4/5 2/5 2/5 1/5 2/5 4/5
2026-05-25 B- 3/5 4/5 2/5 2/5 1/5 2/5 4/5
2026-05-22 B- 3/5 4/5 2/5 2/5 1/5 2/5 4/5
2026-05-21 B- 3/5 4/5 2/5 2/5 1/5 2/5 4/5
2026-05-20 B- 3/5 4/5 2/5 2/5 1/5 2/5 4/5
2026-05-19 B- 3/5 4/5 2/5 2/5 1/5 2/5 4/5
2026-05-18 B- 3/5 4/5 2/5 2/5 1/5 2/5 4/5
2026-05-15 B 3/5 4/5 2/5 2/5 1/5 2/5 5/5
2026-05-14 B 3/5 4/5 2/5 2/5 1/5 2/5 5/5
2026-05-13 B 3/5 4/5 2/5 2/5 1/5 2/5 5/5
2026-05-12 B 3/5 4/5 2/5 2/5 1/5 2/5 5/5
2026-05-11 B 3/5 4/5 2/5 2/5 1/5 2/5 5/5
2026-05-08 B- 2/5 3/5 1/5 2/5 1/5 2/5 5/5
2026-05-07 B- 2/5 3/5 1/5 2/5 1/5 2/5 5/5
2026-05-06 B- 2/5 3/5 1/5 2/5 1/5 2/5 5/5
2026-05-05 B- 2/5 3/5 1/5 2/5 1/5 2/5 5/5
2026-05-04 B- 2/5 3/5 1/5 2/5 1/5 2/5 5/5
2026-04-30 B 3/5 4/5 2/5 3/5 1/5 2/5 5/5
2026-04-29 B 3/5 4/5 3/5 3/5 1/5 2/5 3/5
2026-04-28 B 3/5 4/5 3/5 3/5 1/5 2/5 3/5
2026-04-24 B 3/5 4/5 3/5 3/5 1/5 2/5 3/5
2026-04-23 B 3/5 4/5 3/5 4/5 1/5 2/5 3/5
2026-04-22 B 3/5 4/5 3/5 4/5 1/5 2/5 3/5
2026-04-21 B+ 3/5 4/5 3/5 4/5 1/5 3/5 3/5
2026-04-20 B+ 3/5 4/5 3/5 4/5 1/5 3/5 3/5
2026-04-17 B+ 3/5 4/5 3/5 4/5 1/5 3/5 3/5
2026-04-16 B+ 3/5 4/5 3/5 4/5 1/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-20.07B
OE per share TTM
-40.90
Owner's Yield
-16.94%
Maintenance CapEx ratio
54.98%
Maint CapEx / Avg PPE
24.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 156 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares MSCI South Africa ETF EZA 2.34% 12.84M 0.59%
2 iShares MSCI South Africa UCITS ETF USD IRSA.L 1.96% 5.00M 0.65%
3 Cambria Emerging Shareholder Yield ETF EYLD 0.83% 7.02M 0.65%
4 VanEck Africa Index ETF AFK 0.79% 792.0K 0.76%
5 HSBC MSCI Emerging Markets Climate Paris Aligned UCITS ETF HPEM.L 0.59% 227.8K 0.18%
6 RockCreek Global Equality ETF RCGE 0.48% 458.4K 0.95%
7 Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF EMHD.L 0.47% 1.33M 0.49%
8 JPMorgan Active Developing Markets Equity ETF JADE 0.39% 122.1K 0.65%
9 iShares ESG Aware MSCI EM ETF ESGE 0.36% 24.23M 0.25%
10 JPMorgan Diversified Return Emerging Markets Equity ETF JPEM 0.35% 1.33M 0.44%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
510.9K
Shares Outstanding
456.91M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Jason Paul Quinn Chief Executive Officer & Director 28M male
Michael Davis Chief Financial Officer, Debt Officer & Director 20M male
Mfundo Clement Nkuhlu Chief Operating Officer & Director 20M male
Andiswa Bata Group Managing Executive of Business & Commercial Banking 10M female
Deborah Fuller Group Executive for Human Resources female
Khensani Nobanda Group Executive for Group Marketing & Corporate Affairs female
Alfred Visagie Executive Head of Investor Relations male
Nomonde Hlongwa Chief Compliance Officer female
Andrew Halsall Head of Private Banking - Isle of Man male
David Crewe-Brown Group Chief Risk Officer male
David Mcfadzean Head of Wealth Management male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits