Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from Nationwide Building Society ( (GB:NBS) ).
Nationwide Building Society has announced that veteran financial services executive Mike Rogers will succeed Kevin Parry OBE as chair of Nationwide, Virgin Money UK and Clydesdale Bank, joining the board as an independent non-executive director and deputy chair on 1 April 2026 before taking over as chair in mid-July, subject to member approval at the 2026 AGM. Rogers, who currently chairs Admiral Group and Experian and has held senior roles at LV= and Barclays, is being positioned to guide the enlarged mutual group through its next phase following the Virgin Money acquisition, with the board highlighting his retail banking, mutual governance and risk expertise, while Parry is credited with reshaping the society’s strategy, boosting member value and strengthening its position in mortgages, savings, current accounts and newer areas such as unsecured lending and business banking.
The most recent analyst rating on (GB:NBS) stock is a Hold with a £14094.00 price target. To see the full list of analyst forecasts on Nationwide Building Society stock, see the GB:NBS Stock Forecast page.
Spark’s Take on GB:NBS Stock
According to Spark, TipRanks’ AI Analyst, GB:NBS is a Neutral.
Nationwide Building Society’s overall score reflects strong corporate events and a solid financial foundation, offset by technical indicators suggesting potential overbought conditions and concerns over leverage and cash flow. The stock appears undervalued, but the lack of a dividend yield and high leverage are notable risks.
To see Spark’s full report on GB:NBS stock, click here.
More about Nationwide Building Society
Nationwide Building Society is the world’s largest building society, owned by its members rather than shareholders, and serves over 16 million members. Following its acquisition of Virgin Money UK, it has become connected with one in three people in the UK and is now the country’s second-largest provider of mortgages and retail deposits, as well as a major provider of current accounts, credit cards, personal loans and business banking. Headquartered in Swindon with around 25,000 employees, Nationwide focuses on delivering retail financial services through branches and digital channels under a mutual, member-focused model.
Average Trading Volume: 949
Technical Sentiment Signal: Sell
Current Market Cap: £1.38B
For an in-depth examination of NBS stock, go to TipRanks’ Overview page.