Nedbank publishes transcript of 2026 interim results presentation

Reuters2026/08/04 15:25

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Nedbank released the transcript of its 2026 interim results presentation, attended by CEO Jason Quinn, COO Mfundo Nkuhlu, CFO Mike Davis.
Interim dividend set at 1,052 cents per share; CET1 ratio 12.6%; ROE 15%; DHEPS up 2% despite flat headline earnings.
Offer for effective control of Kenya’s NCBA accepted, securing a targeted 66% stake; completion expected end-Q3 or early Q4 2026.
NCBA deal to issue about 43 million new ordinary shares; cash payment about KES 23 billion or ZAR 3 billion; NCBA shareholders to hold just over 8%.
2026 credit loss ratio guidance lifted to mid-80 bps from mid-70s; H1 credit loss ratio 95 bps driven by higher PPB impairments.

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 on August 04, 2026, and is solely responsible for the information contained therein.

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Nedbank publishes transcript of 2026 interim results presentation

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