Numerical investigation is conducted in this paper on both intact and dented seamless metallic pipelines (diameter-to-thickness ratio D/t around 21), deploying nonlinear finite element method (FEM). A full numerical model is developed, capable of predicting the residual ultimate strength of pipes in terms of bending capacity (Mcr) and critical curvature (κcr). The simulation results are validated through test results by using the measured material properties and specimen geometry. An extensive parametric investigation is conducted on the influences of material anisotropy, initial imperfection, friction of the test set-up and dent parameters. It is found that the structural response is quite sensitive to the frictions that have been introduced by the test configuration. For a pipe with a considerable dent size, the effect of manufacturing induced initial imperfection is insignificant and can be neglected in the FEM simulation. The material yield stress in the pipe longitudinal direction dominates the bending capacity of structures. In the end, formulas are proposed to predict the residual ultimate strength of dented metallic pipes under pure bending moment, which can be used for practical purposes. A satisfying fit is obtained through the comparison between the formulas and FEM methods.