Nedbank Group Limited Sponsored ADR (NDBKY) Stock

About Nedbank Group Limited Sponsored ADR

Nedbank Group Ltd. is a bank holding company, which engages in the provision of financial services through its banking subsidiary, Nedbank Ltd. It operates through the following business segments: Corporate and Investment Banking, Retail and Business Banking, Wealth, Centre, and Africa Regions. The Corporate and Investment Banking segment offers a spectrum of transactional, corporate, investment banking, and market solutions. The Retail and Business Banking segment includes banking assurance products and services, as well as transactional accounts, home loans, vehicle and asset finance, cards, personal loans, and investments. The Wealth segment provides a range of financial services through three divisions of wealth management, asset management, and insurance. The Centre segment consists of various support services. The Africa Regions segment is responsible for the group's banking operations and expansion activities on the rest of the African continent and has client-facing subsidiaries in Eswatini, Lesotho, Namibia, Mozambique, and Zimbabwe. The company was founded in 1831 and is headquartered in Sandton, South Africa.

Nedbank Group Limited Sponsored ADR is headquartered in ZA.

Nedbank Group Limited Sponsored ADR (NDBKY) stock trades at $17.18 with a market capitalization of $7.87B. The stock is valued at a price-to-earnings (P/E) ratio of 14.49, price-to-book of 1.10, price-to-sales of 0.78. Over the past 52 weeks the stock has ranged between $13.33 and $20.28, and currently trades 15.3% below its 52-week high. It pays a dividend yielding 7.57%.

On profitability, Nedbank Group Limited Sponsored ADR generates a return on equity (ROE) of 8.85%, return on capital employed of 0.95%, an operating margin of 9.40%, a net profit margin of 6.24%.

Official website: www.nedbank.co.za