Nedbank Group Limited

Johannesburg Stock Exchange NED.JO

Nedbank Group Limited Net Income for the year ending December 31, 2023: USD 835.65 M

Nedbank Group Limited Net Income is USD 835.65 M for the year ending December 31, 2023, a -6.59% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.
  • Nedbank Group Limited Net Income for the year ending December 31, 2022 was USD 894.59 M, a 16.30% change year over year.
  • Nedbank Group Limited Net Income for the year ending December 31, 2021 was USD 769.23 M, a 227.73% change year over year.
  • Nedbank Group Limited Net Income for the year ending December 31, 2020 was USD 234.72 M, a -74.16% change year over year.
  • Nedbank Group Limited Net Income for the year ending December 31, 2019 was USD 908.23 M, a -6.29% change year over year.
Key data
Date Net Income EPS (Diluted) Shares (Diluted, Weighted) Net Income Margin
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Johannesburg Stock Exchange: NED.JO

Nedbank Group Limited

CEO Mr. Jason Paul Patrick Quinn C.A.
IPO Date Jan. 4, 2000
Location South Africa
Headquarters 135 Rivonia Road
Employees 25,883
Sector Finance
Industries
Description

Nedbank Group Limited, together with its subsidiaries, provides various wholesale and retail banking services in South Africa and internationally. It offers personal banking solutions, including savings deposits and investment accounts; home and personal loans, student loans, vehicle finance products, private wealth finance solutions, overdrafts, short term loans, and credit cards; and investment plans and services, financial, and estate planning services, and wills and trust services, as well as professional banking, wealth management, non-resident and embassy banking, insurance, stock broking, and foreign exchange services. The company also provides business banking services, such as business accounts; call, fixed, and flexi deposits; loans and structured solutions; property, asset, and vehicle finance products; value added services; card and cash solutions; treasury solutions; cash management, electronic banking, and merchant payment and support services; life, asset, income and credit protection, funeral, business cover, liability cover, revenue cover, and owners' insurance products; asset management services; and commodities, equities, fixed income, and structured credit products. In addition, the company offers corporate banking services comprising aircraft, asset based, carbon, export credit, global commodity, infrastructure, energy, telecoms, leveraged, mining, oil and gas, private equity, and public sector finance; payments and receipts, documentary credits and collections, guarantees, and trade finance; structured solutions; corporate lending and advances; custodial services; corporate finance and debt advisory services; beta solutions; and corporate and institutional investments. Further, it provides transactional banking services. 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.

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StockViz Staff

January 15, 2025

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