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19 No. of Symbols
32ZAR
15.47 BZAR
150.54 BZAR
463.80 M
About NEDBANK GROUP LTD
Sector
Industry
CEO
Michael William Thomas Brown
Website
Headquarters
Sandton
Employees (FY)
28.49 K
Founded
1831
ISIN
ZAE000004875
FIGI
BBG000BFSBW3
Nedbank Group Ltd. is a bank holding company, which engages in the provision of financial services through its banking subsidiary, Nedbank Ltd. It operates through the following business segments: Corporate and Investment Banking, Retail and Business Banking, Wealth, Centre, and Africa Regions. The Corporate and Investment Banking segment offers a spectrum of transactional, corporate, investment banking, and market solutions. The Retail and Business Banking segment includes banking assurance products and services, as well as transactional accounts, home loans, vehicle and asset finance, cards, personal loans, and investments. The Wealth segment provides a range of financial services through three divisions of wealth management, asset management, and insurance. The Centre segment consists of various support services. The Africa Regions segment is responsible for the group's banking operations and expansion activities on the rest of the African continent and has client-facing subsidiaries in Eswatini, Lesotho, Namibia, Mozambique, and Zimbabwe. The company was founded in 1831 and is headquartered in Sandton, South Africa.
Curated watchlists where NED is featured.
Frequently Asked Questions
The current price of NED is 21704 ZAC — it has decreased by 0.09% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on JSE exchange NEDBANK GROUP LTD stocks are traded under the ticker NED.
NEDBANK GROUP LTD is going to release the next earnings report on Aug 6, 2024. Keep track of upcoming events with our Earnings Calendar.
NED stock is 1.02% volatile and has beta coefficient of 0.91. Check out the list of the most volatile stocks — is NEDBANK GROUP LTD there?
One year price forecast for NEDBANK GROUP LTD has a max estimate of 308 ZAC and a min estimate of 243 ZAC.
NED earnings for the last quarter are 14.77 ZAC per share, whereas the estimation was 15.31 ZAC resulting in a −3.55% surprise. The estimated earnings for the next quarter are 16.72 ZAC per share. See more details about NEDBANK GROUP LTD earnings.
NEDBANK GROUP LTD revenue for the last quarter amounts to 33.69 B ZAC despite the estimated figure of 36.59 B ZAC. In the next quarter revenue is expected to reach 36.09 B ZAC.
Yes, you can track NEDBANK GROUP LTD financials in yearly and quarterly reports right on TradingView.
NED stock has fallen by 0.90% compared to the previous week, the month change is a 5.58% fall, over the last year NEDBANK GROUP LTD has showed a 4.25% increase.
NED net income for the last quarter is 8.09 B ZAR, while the quarter before that showed 7.38 B ZAR of net income which accounts for 9.61% change. Track more NEDBANK GROUP LTD financial stats to get the full picture.
Today NEDBANK GROUP LTD has the market capitalization of 100.91 B, it has decreased by 1.65% over the last week.
NEDBANK GROUP LTD dividend yield was 8.75% in 2023, and payout ratio reached 58.44%. The year before the numbers were 7.76% and 56.19% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, NED shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade NEDBANK GROUP LTD stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 23, 2024, the company has 28.49 K employees. See our rating of the largest employees — is NEDBANK GROUP LTD on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So NEDBANK GROUP LTD technincal analysis shows the sell today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating NEDBANK GROUP LTD stock shows the buy signal. See more of NEDBANK GROUP LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on NEDBANK GROUP LTD future price: according to them, NED price has a max estimate of 30837.00 ZAC and a min estimate of 24300.00 ZAC. Read a more detailed NEDBANK GROUP LTD forecast: see what analysts think of NEDBANK GROUP LTD and suggest that you do with its stocks.