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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 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 16.27B | 4.67B | 9.32B | 5.04B | 4.54B |
| Gross Profit | 5.18B | 4.74B | 9.32B | 5.04B | 4.54B |
| EBITDA | 2.89B | 2.23B | -57.00M | 0.00 | 0.00 |
| Net Income | 2.30B | 1.30B | 1.66B | 1.25B | 618.00M |
Balance Sheet | |||||
| Total Assets | 367.88B | 271.92B | 271.89B | 272.35B | 254.91B |
| Cash, Cash Equivalents and Short-Term Investments | 29.48B | 25.16B | 25.95B | 30.82B | 17.70B |
| Total Debt | 54.24B | 54.89B | 61.17B | 72.07B | 64.36B |
| Total Liabilities | 347.39B | 254.23B | 256.32B | 257.99B | 242.14B |
| Stockholders Equity | 19.72B | 17.69B | 15.57B | 14.36B | 12.78B |
Cash Flow | |||||
| Free Cash Flow | -8.31B | 7.08B | 1.80B | 1.07B | 937.00M |
| Operating Cash Flow | -7.91B | 7.17B | 2.14B | 1.35B | 1.28B |
| Investing Cash Flow | 10.77B | 792.00M | -4.21B | -4.96B | -7.95B |
| Financing Cash Flow | 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 |
|---|---|---|---|---|---|---|---|
82 Outperform | £1.82B | 9.38 | 14.68% | 2.89% | 27.88% | 28.92% | |
77 Outperform | £2.05B | 7.25 | 13.70% | 6.07% | 18.67% | 17.42% | |
75 Outperform | £45.73B | 12.18 | 8.75% | 5.56% | -4.18% | -16.04% | |
71 Outperform | £154.58M | 6.27 | 9.57% | 3.00% | 15.14% | -31.65% | |
68 Neutral | £895.24M | 20.54 | 3.67% | ― | -11.82% | -54.07% | |
64 Neutral | £1.38B | 0.52 | 13.32% | ― | 14.36% | 84.11% | |
61 Neutral | C$14.65B | 6.39 | 22.27% | 5.48% | 30.07% | -22.51% |
Nationwide Building Society Corporate Events
Nationwide Building Society has announced the publication of final terms for the issuance of three sets of Senior Non-Preferred Notes under its $25 billion Medium-Term Note Program. The issuance includes $750 million 4.649% Fixed-to-Floating Rate Notes due 2029, $300 million Floating Rate Notes due 2029, and $1 billion 5.537% Fixed-to-Floating Rate Notes due 2036. This strategic move is likely to enhance Nationwide’s financial flexibility and strengthen its position in the financial markets, potentially impacting its stakeholders positively by ensuring robust capital management.
Nationwide Building Society has announced the full redemption of its JPY 2,000,000,000 Fixed Rate Reset Senior Non-Preferred Notes, due in August 2026, on August 18, 2025. This move will lead to the cancellation of the Notes and cessation of interest payments, with implications for its financial strategy and market positioning.
Nationwide Building Society has published a new Registration Document, approved by the Financial Conduct Authority, which is now available for public viewing. This announcement underscores Nationwide’s commitment to transparency and regulatory compliance, potentially impacting its market positioning and stakeholder relations positively.
Nationwide Building Society has announced the approval and publication of its Base Prospectus for a $25 billion Medium-Term Notes Programme by the Financial Conduct Authority. This update signifies Nationwide’s ongoing efforts to secure funding and strengthen its financial position, potentially impacting its market operations and offering opportunities for investors.
Nationwide Building Society has announced the publication of a prospectus related to its €45 billion Global Covered Bond Programme. This development is significant as it highlights Nationwide’s efforts to strengthen its financial position and expand its funding capabilities, potentially impacting its market strategy and stakeholder interests.
Nationwide Building Society has announced the publication of Final Terms for the issuance of three sets of Fixed Rate Reset Senior Non-Preferred Notes under its $25 billion European Note Programme. The issuance includes £400 million due in 2027, €750 million due in March 2028, and €500 million due in October 2028. This move is part of Nationwide’s strategy to strengthen its financial position and diversify its funding sources, potentially impacting its market positioning and offering new opportunities for investors.
Nationwide Building Society has announced the execution of a Supplemental Trust Deed, Supplemental Agency Agreement, and Amended and Restated Final Terms, which result in Nationwide being substituted in place of Virgin Money as the issuer and principal debtor of the £300,000,000 2.625% Fixed Rate Reset Callable Subordinated Tier 2 Capital Notes due 2031. This move signifies a strategic shift in Nationwide’s financial operations, potentially impacting its market positioning and stakeholder interests by enhancing its capital structure.
Nationwide Building Society has announced the full redemption of its £50,000,000 Fixed Rate Reset Senior Non-Preferred Notes due August 2026. The redemption will occur on 1 August 2025, after which the notes will be cancelled, and the listing on the London Stock Exchange will be removed. This move reflects Nationwide’s strategic financial management and may impact its financial obligations and market positioning.
Nationwide Building Society has published an Offering Circular for the issuance of £700 million in Reset Perpetual Contingent Convertible Additional Tier 1 Capital Securities. This move is part of Nationwide’s strategy to strengthen its capital base, which could enhance its financial stability and competitive positioning in the market. The issuance is significant for stakeholders as it reflects the company’s commitment to maintaining robust financial health and could impact its future investment and growth opportunities.
Nationwide Building Society has published a supplement to its Registration Document and Base Prospectuses, which has been approved by the Financial Conduct Authority. This update pertains to several of its major financial programs, including the $25 billion European Note Programme and the €45 billion Global Covered Bond Programme. The publication of this supplement indicates Nationwide’s ongoing commitment to maintaining transparency and regulatory compliance, potentially impacting its financial operations and reassuring stakeholders of its robust financial strategies.
Nationwide Building Society reported a record-breaking year, achieving a statutory profit before tax of over £2.3 billion and returning £2.8 billion in value to its members. The acquisition of Virgin Money has significantly enhanced Nationwide’s market position, contributing to record growth in mortgage lending and retail deposits. The company has maintained strong financial performance with disciplined cost management and a robust balance sheet, while also making a meaningful societal impact by supporting first-time homebuyers and committing substantial funds to charitable activities.
Nationwide Building Society has announced a strategic update following its acquisition of Virgin Money UK PLC. Initially, Nationwide intended for Virgin Money to operate with a separate board of directors. However, it now plans to align the boards of Virgin Money and Clydesdale Bank with Nationwide’s own board to enhance decision-making and governance, effective from 30 September 2025, pending regulatory approval. This move signifies a shift in Nationwide’s post-acquisition strategy, potentially impacting its operational efficiency and governance structure.
Nationwide Building Society has announced the full redemption of its £25,000,000 Floating Rate Senior Non-Preferred Notes due July 2026, which will occur on 4 July 2025. This action will lead to the cancellation of the Notes and the cessation of interest payments, with a request for delisting from the Financial Conduct Authority and the London Stock Exchange, impacting the company’s financial obligations and market activities.
Nationwide Building Society has announced the issuance of €500 million in Floating Rate Senior Preferred Notes due in May 2027 as part of its $25 billion European Note Programme. This move is likely to strengthen Nationwide’s financial position and enhance its capabilities in the European financial markets, potentially impacting stakeholders by providing increased investment opportunities.
Nationwide Building Society has announced the issuance of €650 million Fixed Rate Reset Tier 2 Subordinated Notes due in July 2035 as part of its $25 billion European Note Programme. This issuance is a strategic move to strengthen its financial position and enhance its capital structure, potentially impacting its market standing and offering reassurance to stakeholders about its long-term financial stability.