Nedbank Group (NED.JO)
Sandton, GP, ZA
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.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.41% | +0.86% | -2.94% | -17.69% | +1.42% | -2.62% | +1.02% | +24.56% | +59.07% | +46.49% | +90.65% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 2 | 0 |
| Hold | 4 | 0 |
| Sell | 1 | 0 |
| Strong Sell | 1 | 0 |
-
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)
* 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.
| 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
|
| 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
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | 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
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| 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 |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for NED.JO
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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