NDBKF (Nedbank Group) Shares Outstanding (EOP): 457 Mil (As of Dec. 2025)


NDBKF Nedbank Group Ltd NDBKF
81 GF Score
Price $13.50
GF Value $13.78
! 2 Warning Signs
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What is Nedbank Group Shares Outstanding (EOP)?

Nedbank Group NDBKF 81 Shares Outstanding (EOP) is 457 Mil as of Dec. 2025. GuruFocus rates NDBKF with a GF Score™ of 81/100 and a GF Value™ of $13.78. The stock has 2 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Nedbank Group's shares outstanding for the quarter that ended in Dec. 2025 was 457 Mil.

Nedbank Group's quarterly shares outstanding declined from Jun. 2025 (465 Mil) to Dec. 2025 (457 Mil). It means Nedbank Group bought back shares from Jun. 2025 to Dec. 2025 .

Nedbank Group's annual shares outstanding declined from Dec. 2024 (467 Mil) to Dec. 2025 (457 Mil). It means Nedbank Group bought back shares from Dec. 2024 to Dec. 2025 .


Nedbank Group  (OTCPK:NDBKF) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Nedbank Group Shares Outstanding (EOP) Related Terms


Nedbank Group Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Nedbank Group's Shares Outstanding (EOP) 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.

Nedbank Group Shares Outstanding (EOP) Chart

Nedbank Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 485.60 487.25 464.57 467.00 456.91

Nedbank Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 464.57 467.02 467.00 465.37 456.91

NDBKF vs PNC, USB: Shares Outstanding (EOP) Comparison

For the Banks - Regional subindustry, Nedbank Group's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nedbank Group Shares Outstanding (EOP) vs Banks Industry

For the Banks industry and Financial Services sector, Nedbank Group's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Nedbank Group's Shares Outstanding (EOP) falls into.


NDBKF
81GF Score
Nedbank Group Ltd NDBKF
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Nedbank Group Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 457 Mil mean?
Nedbank Group (NDBKF) has a Shares Outstanding (EOP) of 457 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Nedbank Group and its competitors.
Is Nedbank Group's Shares Outstanding (EOP) too high?
Nedbank Group's current Shares Outstanding (EOP) is 457 Mil. Overall, Nedbank Group has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Nedbank Group's Shares Outstanding (EOP) compare to PNC and USB?
Nedbank Group's Shares Outstanding (EOP) of 457 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Banks company?
A good Shares Outstanding (EOP) depends on the Banks industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Nedbank Group and its competitors. Nedbank Group's current Shares Outstanding (EOP) is 457 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nedbank Group stock overvalued right now?
Nedbank Group (NDBKF) has a current Shares Outstanding (EOP) of 457 Mil. The stock's GF Value™ is $13.78, compared to a current price of $13.50 — trading 2% below its estimated fair value. The current Shares Outstanding (EOP) is 457 Mil. Nedbank Group's overall GF Score™ is 81/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Nedbank Group (NDBKF), the current Shares Outstanding (EOP) is 457 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nedbank Group (NDBKF) Overvalued in 2026?

Based on GuruFocus' analysis, Nedbank Group stock appears to be undervalued. The current stock price of $13.50 is trading 2% below its estimated GF Value™ of $13.78.

Key valuation signals for NDBKF:

  • Shares Outstanding (EOP): 457 Mil
  • GF Value™: $13.78 vs. price of $13.50 (2% below fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the NDBKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nedbank Group Business Description

Address 135 Rivonia Road, Nedbank 135 Rivonia Campus, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
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 Business and Commercial Banking, Nedbank Personal and Private Banking and Nedbank Africa Regions.
81GF Score

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Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.50
Price
$13.78
GF Value