(Reuters) - South Africa's Nedbank lifted its first-quarter headline earnings per share (EPS) by 26.3 percent, helped by solid retail and corporate lending growth but said it expected bad debts to increase.
Nedbank, majority-owned by insurer Old Mutual, said on Wednesday its headline EPS increased to 322 cents per share while on a fully-diluted basis headline EPS rose 25 percent to 310 cents.
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