Nedbank stock trades after hours at EUR 15.65

Published on 09/30/2026 at 21:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nedbank stock is backed by H1 2026 revenue of ZAR 38.2 billion, up 6.3 percent year over year. CET1 capital stood at 12.6 percent.

Nedbank, ZAE000004875, Illustration mit AI erstellt.

Nedbank stock (ISIN ZAE000004875) was trading after hours at EUR 15.65 at Lang & Schwarz on September 30, 2026, plus 0.32 percent versus the prior close of EUR 15.60. The latest operating picture combines revenue growth with a regional expansion milestone.

H1 revenue rises 6.3 percent

According to Flash, Nedbank reported H1 2026 revenue of ZAR 38.235 billion for the six months ended June 30, 2026, up 6.3 percent from ZAR 35.981 billion in H1 2025. Headline earnings reached ZAR 8.405 billion, compared with ZAR 8.399 billion a year earlier, while diluted headline earnings per share increased 2.3 percent to 1,803 cents.

The comparison matters because the prior-year figure included ZAR 986 million of Ecobank Transnational Incorporated associate earnings. Excluding that effect, Flash reported headline earnings growth of 12 percent, giving the revenue increase a more useful operating context.

Returns and capital set the frame

Nedbank's investor-relations page reports a 15.0 percent return on equity, a 12.6 percent CET1 ratio and an interim dividend of 1,052 cents per share for the 2026 interim results. The same update says pre-provision operating profit increased 8 percent, while diluted headline earnings per share rose 15 percent excluding the Ecobank base effect.

For investors, the key tension is visible in the mix of figures: earnings quality improved after adjusting for the prior-year associate contribution, but reported headline earnings were nearly flat. The 15.0 percent ROE also remains above the 14.0 percent cost of equity cited in the H1 2026 research review, leaving profitability above that benchmark.

NCBA approval advances expansion

A separate regional catalyst came on August 31, 2026. Sharenet published Nedbank Group's announcement that the Central Bank of Kenya had approved the transaction to acquire approximately 66 percent of NCBA Group. The release said most required regulatory approvals had been obtained, with remaining approvals expected toward the end of the third quarter of 2026.

EUR 15.65 after hours

Nedbank stock was trading at EUR 15.65 at Lang & Schwarz on September 30, 2026 at 9:09 p.m. CEST, plus 0.32 percent versus the Lang & Schwarz prior close of EUR 15.60 on September 29, 2026. Nedbank Group's market capitalization was ZAR 132.5 billion as of September 30, 2026.