Pink Sheets: Nedbank Group (NDBKY) news stock charts
Nedbank Group (NDBKY/NDBKY.PK) Penny Investment Summary:
Nedbank Group Limited operates as a bank holding company for Nedbank Limited and Imperial Bank Limited, which provide various wholesale and retail banking services. It accepts current accounts, savings accounts, call and notice deposits, fixed deposits, cash management deposits, and negotiable certificates of deposit. The company also provides mortgages, installment credit, overdrafts, personal loans, and credit card borrowings to individuals, as well as to corporate, commercial, and public sectors. In addition, it offers corporate and retail banking, property finance, investment banking, private banking, and foreign exchange and securities trading services. Further, the company provides pri...NEDBANK GROUP LTD-SPONS ADR (NDBKY:OTC)
Snapshot of NEDBANK GROUP LTD-SPONS ADR (NDBKY)
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OPEN
$36.90
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PREVIOUS CLOSE
$35.42
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DAY HIGH
$37.05
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DAY LOW
$36.85
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52 WEEK HIGH
03/17/10 - $37.05
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52 WEEK LOW
03/18/09 - $14.90
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MARKET CAP
9.3B
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AVERAGE VOLUME 10 D
6.1K
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EPS TTM
--
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SHARES OUTSTANDING
251.4M
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EX-DATE
03/25/10
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P/E TTM
--
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DIVIDEND
$1.21
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DIVIDEND YIELD
3.34%
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| K = Thousands M = Millions B = Billions | ||
Key developments for NEDBANK GROUP LTD-SPONS ADR (NDBKY)
Nedbank Group Ltd. reported earnings results for the year 2009. For the year, the company reported net income of ZAR 5,412 million (EUR 514 million, 451 million, $696 million, 62.8 billion), down 23% on a year ago. The main items reducing profit were higher impairment charges and higher expenses. Net income rose by less than 1% whilst impairments increased 37.6%, a ZAR 1.8 billion increase. Total operating Income was down 2.3% whilst operating expenses rose 9.9% to give operating profit after impairments down 24%.
Nedbank Group Ltd. announced earnings results for the full year of 2009. For the period, the company's income falling to ZAR 4.83 billion from ZAR 6.4 billion in the previous year. The company reported headline earnings per share fell 30% to 983 cents and profits have fallen by 25%. The company also confirmed new non-executive directors will include the previous head of Vodacom, Alan Knott-Craig, Wendy Lucas-Bull, Julian Roberts, and Don Hope, while executive directors Jabu Moleketi, Malcolm Wyman and Graham Dempster have also been confirmed, along with Raisibe Morathi. Following the retirement of Tom Boardman as Chief Executive on February 28, 2010, he has accepted the invitation from the board to serve as a non-executive director of Nedbank with effect from March 1, 2010. The company confirmed a dividend of 40.15 cents per share has been declared for the period from July 1, 2009 to December 31, 2009, payable on March 29, 2010.
Nedbank Group Ltd. expected to Report Q2 2010 Results on August 2, 2010. This event was calculated by Capital IQ (Created on February 25, 2010).
Nedbank Group financial resources
NDBKY Competitors
| Company | Last | Change |
| ABSA Group Ltd | R14,180 ZAR | +270.00 |
| Standard Bank Group Ltd/South Africa | R11,700 ZAR | +300.00 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | NDBKY | Industry Range |
| Price/Earnings | 100.0x |
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| Price/Sales | 262.1x |
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| Price/Book | 147.7x |
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| Price/Cash Flow | 1,401.3x |
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| TEV/Sales | 302.5x |
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NDBKY |
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NDBKY transactions
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Target | |
| No transactions in the last 6 months. | ||