Nedbank sees more than 100% earnings rise
Strong performance attributed to bump in operating conditions in the last few months of 2021
14 February 2022 - 20:46
Nedbank, SA’s fourth-largest bank by assets, expects its headline earning per share (Heps) for the year ending in 2021 to rise by 108% to 118% in what it described as a stronger than expected performance.
Headline earnings per share, a widely used measure of profit in SA, stripping out impairments and one-off items, will increase by R2.34 to R2.45 for the year to December 31. ..
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