Nedbank Group (Nedbank Group) Net Interest Income (for Banks) : $2,219 Mil (As of Dec. 2023)

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What is Nedbank Group Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Nedbank Group's net interest income for the six months ended in Dec. 2023 was $1,136 Mil. Its net interest income for the trailing twelve months (TTM) ended in Dec. 2023 was $2,219 Mil.

Nedbank Group's quarterly net interest income declined from Dec. 2022 ($1,104 Mil) to Jun. 2023 ($1,083 Mil) but then increased from Jun. 2023 ($1,083 Mil) to Dec. 2023 ($1,136 Mil).

Nedbank Group's annual net interest income increased from Dec. 2021 ($2,045 Mil) to Dec. 2022 ($2,099 Mil) and increased from Dec. 2022 ($2,099 Mil) to Dec. 2023 ($2,226 Mil).

Nedbank Group Net Interest Income (for Banks) Historical Data

The historical data trend for Nedbank Group's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nedbank Group Net Interest Income (for Banks) Chart

Nedbank Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Interest Income (for Banks)

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2,094.58

2,021.33

2,045.11

2,099.36

2,225.65

Nedbank Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Interest Income (for Banks)	Get a 7-Day Free Trial															1,050.30	1,087.87	1,103.76	1,082.65	1,136.49

Nedbank Group Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2,219 Mil.

Nedbank Group (Nedbank Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nedbank Group Ltd (OTCPK:NDBKF) » Definitions » Net Interest Income (for Banks)

Comparable Companies

Traded in Other Exchanges

NED:South Africa NDBKY:USA NBK:Namibia NCO:Germany

Address

135 Rivonia Road, Nedbank 135 Rivonia Campus, Sandown, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.nedbankgroup.co.za

Nedbank Group Ltd is a financial services provider that offers corporate, retail, and investment banking services; insurance; asset management; and wealth management. It operates predominantly in South Africa. Net interest income from lending activities accounts for roughly half of the company's total revenue. Its operating segments include Nedbank Corporate and Investment Banking, Nedbank Retail and Business Banking, Nedbank Wealth, Nedbank Africa Regions, and Centre.