Nedbank Group · JSE:NED
Nedbank — H1 2024 Earnings Presentation
85 slides from Nedbank's earnings presentation, Aug 6, 2024
Slide 1: Unaudited interim results for the 6 months ended 30 June 2024
Nedbank Group Limited Unaudited interim results for the 6 months ended 30 June 2024 see money differently
Slide 2: Financial highlights
Message from our Results 2024 interim Financial Segmental Message from ourIncome statement Results 2024 interim Statement of financialSegmental Financial Income Supplementary statement Statement of financial Supplementary Chief Executive presentation results commentary results analysis Chief Executi
Slide 3: Overview
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Slide 4: Operating environment and Nedbank Group strategy
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Slide 5: World-class technology platform - Managed Evolution
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Slide 6: Main-banked client growth and digital innovation
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Slide 7: Efficient execution and renewable energy financing
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Slide 8: Climate change journey - commitment to net zero
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Slide 9: Headline earnings up by 8%
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Slide 10: NII up by 2% driven by AIEBA growth of 3% and NIM compression
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Slide 11: NIR up by 7%, trading income up by 14%
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Slide 12: Impairment charge down by 12% yoy to R4,7bn
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Slide 13: Commercial property finance and expenses
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Slide 14: Capital and RBB financial performance
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Slide 15: Wealth financial performance
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Slide 16: Guidance and medium- and long-term targets
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Slide 17: Thank you
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Slide 18: 2024 interim results commentary
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Slide 19: Strategic progress and overview of H1 2024 results
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Slide 20: Cluster financial performance
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Slide 21: Statement of financial position
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Slide 22: Regulators, society and economic outlook
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Slide 23: Targets, Transnet dispute update and dividend
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Slide 24: Financial highlights
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Slide 25: Consolidated statement of comprehensive income
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Slide 26: Consolidated statement of financial position
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Slide 27: Consolidated statement of changes in equity
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Slide 28: Consolidated statement of changes in equity (continued)
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Slide 29: Return-on-equity drivers
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Slide 30: Segmental analysis
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Slide 31: Our organisational structure, products and services
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Slide 32: Operational segmental reporting
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Slide 33: Operational segmental reporting (continued)
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Slide 34: Nedbank Corporate and Investment Banking
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Slide 35: CIB financial highlights and Property Finance
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Slide 36: Nedbank Retail and Business Banking
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Slide 37: Looking forward and Commercial Banking
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Slide 38: Financial highlights and Consumer Banking
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Slide 39: Investments, Forex, Unsecured Lending
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Slide 40: Retail and Business Banking: Key business statistics
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Slide 41: Retail and Business Banking - advances and impairments
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Slide 42: Balance sheet actual impairments
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Slide 43: Nedbank Wealth
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Slide 44: Insurance and assets under management
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Slide 45: Nedbank Africa Regions
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Slide 46: SADC operations and key business statistics
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Slide 47: Geographical segmental reporting
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Slide 48: Net margin analysis
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Slide 49: Average banking statement of financial position and NII sensitivity
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Slide 50: Impairments
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Slide 51: Nedbank Group credit loss ratio per cluster
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Slide 52: Impairments charge on financial instruments
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Slide 53: Impairments charge on financial instruments, December and June 2023
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Slide 54: Non-interest revenue and income
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Slide 55: Expenses
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Slide 56: Headline earnings reconciliation and taxation charge
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Slide 57: Statement of financial position analysis
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Slide 58: Loans and advances
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Slide 59: Summary of loans and advances and coverage ratios
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Slide 60: GLAA, ECL and coverage ratios by segment
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Slide 61: GLAA, ECL and coverage, by product
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Slide 62: Economic scenarios and climate-related disclosures
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Slide 63: Gross advances and ECL movement
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Slide 64: CIB, excluding Property Finance - ECL movement
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Slide 65: Commercial Banking - ECL movement
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Slide 66: Retail - Card, term and other - ECL movement
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Slide 67: Investment securities and investments in associate companies
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Slide 68: Intangible assets
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Slide 69: Amounts owed to depositors
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Slide 70: Liquidity risk and funding
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Slide 71: Equity analysis
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Slide 72: Capital management
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Slide 73: Risk-weighted assets and regulatory qualifying capital
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Slide 74: Economic capital adequacy
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Slide 75: Supplementary information
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Slide 76: Nedbank Group employee incentive schemes
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Slide 77: Long-term debt instruments and external credit ratings
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Slide 78: Additional tier 1 capital instruments
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Slide 79: Shareholders' analysis
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Slide 80: Basel III balance sheet credit exposure by business cluster and asset class
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Slide 81: Nedbank Limited consolidated statement of comprehensive income and highlights
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Slide 82: Definitions and Nedbank Limited statement of financial position
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Slide 83: Definitions
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Slide 84: Abbreviations and acronyms; company details
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Slide 85: nedbankgroup.co.za
nedbankgroup.co.za