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Nationwide Building Society
(LSE:NBS)
Nationwide Building Society (NBS) vs. iShares MSCI United Kingdom ETF (EWC)
Nationwide Building Society Business Overview & Revenue Model
Nationwide Building Society Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.45B | 16.27B | 4.67B | 9.32B | 5.04B | 4.54B |
| Gross Profit | 7.56B | 5.18B | 4.74B | 9.32B | 5.04B | 4.54B |
| EBITDA | 1.98B | 2.89B | 2.23B | -57.00M | 0.00 | 0.00 |
| Net Income | 999.00M | 2.30B | 1.30B | 1.66B | 1.25B | 618.00M |
Balance Sheet | ||||||
| Total Assets | 282.35B | 367.88B | 271.92B | 271.89B | 272.35B | 254.91B |
| Cash, Cash Equivalents and Short-Term Investments | 28.80B | 29.48B | 25.16B | 25.95B | 30.82B | 17.70B |
| Total Debt | 55.58B | 54.24B | 54.89B | 61.17B | 72.07B | 64.36B |
| Total Liabilities | 265.73B | 347.39B | 254.23B | 256.32B | 257.99B | 242.14B |
| Stockholders Equity | 16.62B | 19.72B | 17.69B | 15.57B | 14.36B | 12.78B |
Cash Flow | ||||||
| Free Cash Flow | 847.00M | -8.31B | 7.08B | 1.80B | 1.07B | 937.00M |
| Operating Cash Flow | 927.00M | -7.91B | 7.17B | 2.14B | 1.35B | 1.28B |
| Investing Cash Flow | 958.00M | 10.77B | 792.00M | -4.21B | -4.96B | -7.95B |
| Financing Cash Flow | 5.50B | 1.44B | -9.31B | -2.79B | 16.72B | 9.96B |
Nationwide Building Society Technical Analysis
Nationwide Building Society Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | £2.12B | 8.42 | 12.04% | 5.72% | -7.30% | -27.83% | |
75 Outperform | £55.06B | 16.30 | 8.08% | 3.50% | -22.85% | -21.12% | |
73 Outperform | £1.61B | 9.28 | 12.70% | 4.77% | -4.98% | 3.02% | |
71 Outperform | £143.25M | 8.83 | 6.22% | 5.78% | 1.68% | -46.69% | |
68 Neutral | £774.29M | 7.26 | 9.14% | ― | -29.12% | 964.19% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | £1.38B | 0.54 | 12.71% | ― | 24.32% | 122.52% |
Nationwide Building Society Corporate Events
Nationwide Building Society has successfully passed the Bank of England’s 2025 Capital Stress Test, demonstrating resilience with a CET1 ratio of 14.5% and a leverage ratio of 4.8%, both comfortably above the regulatory requirements. This outcome indicates that Nationwide does not need to revise its capital plan or take additional actions, reinforcing its stability and commitment to supporting the financial stability objectives of the Bank of England and the Financial Policy Committee.
Nationwide Building Society has published a supplement to its previously released Registration Document and Base Prospectuses, which has been approved by the Financial Conduct Authority. This update pertains to its significant financial programmes, including the U.S.$35 billion European Note Programme, €45 billion Global Covered Bond Programme, and U.S.$25 billion Medium-Term Note Programme, reflecting the company’s ongoing efforts to maintain transparency and compliance in its financial operations.
Nationwide Building Society has released its Interim Results for the six-month period ending 30 September 2025. This announcement provides stakeholders with insights into the company’s financial performance and operational status, potentially impacting its market positioning and stakeholder confidence.
Nationwide Building Society has announced the publication of the final terms for a new issuance of £500 million in fixed-rate covered bonds, part of its €45 billion Global Covered Bond Programme. This issuance, guaranteed by Nationwide Covered Bonds LLP, is set to mature in October 2030 and reflects the company’s ongoing efforts to secure funding and maintain its financial stability, potentially impacting its market positioning and stakeholder interests.
Nationwide Building Society has announced the issuance of £400 million Fixed Rate Reset Tier 2 Subordinated Notes due July 2036 under its $35 billion European Note Programme. This move is part of Nationwide’s strategy to strengthen its capital base, potentially enhancing its financial stability and market competitiveness.
Nationwide Building Society has confirmed its compliance with post-offer intention statements following its acquisition of Virgin Money UK PLC, as required by the City Code on Takeovers and Mergers. This acquisition has strengthened Nationwide’s market position, connecting it with one in three people in the UK and expanding its reach in the financial services sector.
Nationwide Building Society has announced a restructuring of the boards of Virgin Money and Clydesdale Bank to align with its own governance structure, effective 30 September 2025. This move aims to streamline decision-making and governance across the combined group, with key appointments including Kevin Parry as Chairman and Chris Rhodes joining the Nationwide Board as an executive director. The changes reflect Nationwide’s strategy to integrate its recent acquisition of Virgin Money, enhancing its market position and operational efficiency.
Nationwide Building Society has announced a significant restructuring of the boards of Virgin Money UK PLC and Clydesdale Bank, aligning them with Nationwide’s board to create a more efficient governance structure. This change, effective 30 September 2025, includes the appointment of several key directors and aims to streamline decision-making across the combined group, enhancing operational efficiency and governance. The move signifies an important step in integrating the Nationwide and Virgin Money businesses, potentially impacting stakeholders by improving the coherence and agility of the group’s operations.
Nationwide Building Society has announced significant board changes as part of its strategy to align the boards of Virgin Money and Clydesdale Bank with its own. This restructuring, effective from 30 September 2025, involves several resignations and new appointments, including key roles such as the Chairman and Chief Financial Officer. The changes are intended to streamline decision-making and governance across the combined group, reflecting Nationwide’s ongoing integration efforts with Virgin Money. The announcement underscores Nationwide’s commitment to enhancing operational efficiency and governance, with implications for improved strategic alignment and potential benefits for stakeholders.
Nationwide Building Society has announced the issuance of $700 million in fixed rate senior preferred notes and $300 million in floating rate senior preferred notes, both due in 2030. These issuances are part of its $25 billion Senior Preferred, Senior Non-Preferred, and Subordinated Medium-Term Note Program, indicating a strategic move to strengthen its financial position and liquidity, potentially impacting its market presence and stakeholder interests.
Nationwide Building Society has announced the issuance of two series of regulated covered bonds under its €45 billion Global Covered Bond Programme. The issuance includes €1 billion in fixed rate covered bonds due January 2029 and €500 million in fixed rate covered bonds due September 2032. These bonds are guaranteed by Nationwide Covered Bonds LLP, reflecting the company’s strategic efforts to strengthen its financial position and provide secure investment opportunities for stakeholders.
Nationwide Building Society has announced the issuance of CHF 175,000,000 in fixed-rate covered bonds, due in September 2032, under its €45 billion Global Covered Bond Programme. This move signifies Nationwide’s strategic efforts to strengthen its financial position and enhance its funding capabilities, potentially impacting its market standing and providing assurance to stakeholders about its long-term financial commitments.