Nedbank Group Limited (NDBKF)
OTHER OTC:NDBKF
Earnings Data
Report Date
Aug 11, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.85Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a cautiously optimistic, strategic-forward tone: operational and strategic highlights (client and digital growth, strong deposits, CET1 strength, buybacks/dividend, improved impairments, and successful acquisitions/integration) underpin confidence in medium-term targets, while key near-term headwinds persist (margin compression, muted headline earnings growth, significant one‑off ETI accounting loss causing a 53% drop in basic EPS, delayed CIB deal execution and cost‑income pressure). On balance, the positives (many recurring operational improvements and strategic moves) outweigh the negatives, though management recognizes the disappointing near-term headline results and one‑off impacts.Company Guidance
Strategic Reorganization and Execution
Completed a major Group restructure (effective July 1) creating Personal & Private Banking and Business & Commercial Banking to drive client focus and efficiency; restructuring impacted >16,000 colleagues and showed improving H2 momentum and several early proof points across clusters.
Acquisitions and M&A Activity
Completed integration of Eqstra into the Group (first full year) and acquired iKhokha (Dec) to boost payments and SME merchant capabilities (iKhokha processes >ZAR 20 billion annually and has >54,000 POS devices); announced intention to acquire ~66% of NCBA (deal valued ~ZAR 13.9 billion; exemption from Kenyan CMA received).
Capital Strength and Shareholder Returns
Ended year with CET1 ratio of 12.9% (above revised board target range of 11%–12.5%); completed ZAR 2.4 billion share buyback at ~ZAR 229/share and declared total dividend of ZAR 21.32 per share (final dividend ZAR 11.4), implying an attractive dividend yield of ~7%.
Client and Digital Growth
Total Group clients increased 7% to 8.0 million (PPB clients +9% to 7.5 million; NAR clients +9% to >430,000); digital adoption strong—73% of PPB sales via digital channels, Nedbank Business Hub adoption 76% in BCB and 50% in CIB, average app logins 24.5/month, double-digit growth in digital activity.
Strong Payments and New Revenue Streams
PayShap revenues grew 183%; strong growth in contactless, value‑added services, e-commerce and ‘money app’ payments; cash withdrawals declined 6%; aims to scale insurance (MyCover) and payments as new revenue vectors (target >50% growth in premiums and product penetration rise from 19% to >30% medium term).
Asset and Deposit Growth
Gross banking advances grew 6% year‑on‑year; private sector loans and advances growth 7.8%; home loans and vehicle finance growth 6% and 9% respectively; deposit balances grew strongly by 11% (franchise call & term deposits +10%, other deposits +23%).
Improved Impairments and Asset Quality Trends
Group credit loss ratio improved to 68 basis points (an 18% improvement in the impairment charge); Stage 1 loans +10% while Stage 2 and Stage 3 loans reduced by 5% and 2% respectively; recoveries and collections drove lower impairment outcomes across several clusters.
Cluster Earnings Momentum
Personal & Private Banking headline earnings increased 9% with ROE 15.6%; Corporate & Investment Banking delivered HE growth of 2% with ROE 21.4%; Nedbank Africa SADC operations delivered a 15% increase in headline earnings (despite low ROE in SADC).
Brand and Employer Recognition
Brand value increased 24% to ZAR 20 billion; maintained Level 1 B-BBEE status and achieved #2 SA company on Forbes World's Best Employers list (top 50 globally).
Identified Productivity Opportunities
Identified new productivity initiatives exceeding ZAR 1.5 billion expected to be realized over the next ~3 years, with plans to leverage AI/automation to improve colleague productivity and cost efficiency.
NDBKF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NDBKF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 03, 2026 | $19.14 | $18.58 | -2.90% |
Aug 05, 2025 | $12.89 | $12.83 | -0.48% |
Mar 04, 2025 | $13.59 | $13.59 | 0.00% |
Aug 06, 2024 | $13.34 | $13.49 | +1.13% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Nedbank Group Limited (NDBKF) report earnings?
Nedbank Group Limited (NDBKF) is schdueled to report earning on Aug 11, 2026, TBA (Confirmed).
What is Nedbank Group Limited (NDBKF) earnings time?
Nedbank Group Limited (NDBKF) earnings time is at Aug 11, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What is NDBKF EPS forecast?
Currently, no data Available