Nedbank H1 FY26 headline earnings rise 0.1% to R 8.41 billion; revenue increases 6% to R 38.24 billion

Reuters2026/08/04 05:06

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Nedbank posted headline earnings of R 8.41 billion, up 0.1% year over year, while headline earnings per share rose 2% to 1,841 cents.
Revenue increased 6% to R 38.24 billion; total operating expenses climbed 3% to R 21.7 billion, trimming the cost-to-income ratio to 56.2%.
Credit loss ratio widened 14 basis points to 95 bps; common equity tier 1 ratio eased to 12.6%.
Interim dividend rose 2.33% to 1,052 cents per share; return on equity stood at 15.0%.
Management flagged the 79.9% acceptance of its NCBA offer, enabling a targeted 66% stake, with remaining approvals expected in late Q3 or early Q4 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nedbank Group Ltd. published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S525078), on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Nedbank H1 FY26 headline earnings rise 0.1% to R 8.41 billion; revenue increases 6% to R 38.24 billion

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