Nationwide Building Society
Nationwide Building Society, together with its subsidiaries, provides retail banking products and services in the United Kingdom. The company offers current, savings, and individual savings accounts; residential mortgages; overdrafts; personal, car, and home improvement loans; and credit cards. It also provides loans to registered social landlords, project finance initiatives, and commercial real… Read more
Nationwide Building Society (NBS) - Net Assets
Latest net assets as of September 2025: £18.55 Billion GBP
Based on the latest financial reports, Nationwide Building Society (NBS) has net assets worth £18.55 Billion GBP as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (£377.47 Billion) and total liabilities (£358.92 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | £18.55 Billion |
| % of Total Assets | 4.91% |
| Annual Growth Rate | 7.63% |
| 5-Year Change | 60.3% |
| 10-Year Change | 87.39% |
| Growth Volatility | 12.35 |
Nationwide Building Society - Net Assets Trend (2000–2025)
This chart illustrates how Nationwide Building Society's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nationwide Building Society (2000–2025)
The table below shows the annual net assets of Nationwide Building Society from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | £20.48 Billion | +15.81% |
| 2024-03-31 | £17.69 Billion | +13.59% |
| 2023-03-31 | £15.57 Billion | +8.40% |
| 2022-03-31 | £14.36 Billion | +12.41% |
| 2021-03-31 | £12.78 Billion | +3.30% |
| 2020-03-31 | £12.37 Billion | -6.07% |
| 2019-03-31 | £13.17 Billion | +7.58% |
| 2018-03-31 | £12.24 Billion | +9.95% |
| 2017-03-31 | £11.13 Billion | +1.86% |
| 2016-03-31 | £10.93 Billion | +12.21% |
| 2015-03-31 | £9.74 Billion | +9.38% |
| 2014-04-04 | £8.91 Billion | 0.00% |
| 2014-03-31 | £8.91 Billion | 0.00% |
| 2013-03-31 | £8.91 Billion | +44.60% |
| 2012-03-31 | £6.16 Billion | -1.52% |
| 2011-03-31 | £6.25 Billion | +9.41% |
| 2010-03-31 | £5.72 Billion | +33.12% |
| 2009-03-31 | £4.29 Billion | -28.53% |
| 2008-03-31 | £6.01 Billion | +9.95% |
| 2007-03-31 | £5.46 Billion | +8.61% |
| 2006-03-31 | £5.03 Billion | +1.87% |
| 2005-03-31 | £4.94 Billion | +8.48% |
| 2004-03-31 | £4.55 Billion | +8.76% |
| 2003-03-31 | £4.19 Billion | +7.65% |
| 2002-03-31 | £3.89 Billion | +8.24% |
| 2001-03-31 | £3.59 Billion | +10.31% |
| 2000-03-31 | £3.26 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nationwide Building Society's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | £11.00 Million | 0.06% |
| Other Components | £19.71 Billion | 99.94% |
| Total Equity | £19.72 Billion | 100.00% |
Nationwide Building Society Competitors by Market Cap
The table below lists competitors of Nationwide Building Society ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Coca-Cola Bottlers Japan Holdings Inc
OTCGREY:CCOJF
|
$1.30 Billion |
|
Juli Sling Co Ltd
SHE:002342
|
$1.30 Billion |
|
Cohu Inc
NASDAQ:COHU
|
$1.30 Billion |
|
Dalian Zeus Entertainment
SHE:002354
|
$1.31 Billion |
|
The Gunma Bank Ltd
OTCGREY:GMBKF
|
$1.30 Billion |
|
Beijing Venustech Inc
SHE:002439
|
$1.30 Billion |
|
Global Partners LP
NYSE:GLP
|
$1.30 Billion |
|
Kimbell Royalty Partners LP
NYSE:KRP
|
$1.30 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nationwide Building Society's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 17,686,000,000 to 19,723,000,000, a change of 2,037,000,000 (11.5%).
- Net income of 2,304,000,000 contributed positively to equity growth.
- Dividend payments of 94,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,410,000,000.
- Other factors increased equity by 1,237,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | £2.30 Billion | +11.68% |
| Dividends Paid | £94.00 Million | -0.48% |
| Other Comprehensive Income | £-1.41 Billion | -7.15% |
| Other Changes | £1.24 Billion | +6.27% |
| Total Change | £- | 11.52% |
Book Value vs Market Value Analysis
This analysis compares Nationwide Building Society's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.06x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.22x to 0.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-03-31 | £592.15 | £131.50 | x |
| 2001-03-31 | £653.20 | £131.50 | x |
| 2002-03-31 | £707.02 | £131.50 | x |
| 2003-03-31 | £761.11 | £131.50 | x |
| 2004-03-31 | £827.82 | £131.50 | x |
| 2005-03-31 | £897.98 | £131.50 | x |
| 2006-03-31 | £914.80 | £131.50 | x |
| 2007-03-31 | £993.53 | £131.50 | x |
| 2008-03-31 | £1092.38 | £131.50 | x |
| 2009-03-31 | £780.73 | £131.50 | x |
| 2010-03-31 | £1039.27 | £131.50 | x |
| 2011-03-31 | £1137.09 | £131.50 | x |
| 2012-03-31 | £1119.82 | £131.50 | x |
| 2013-03-31 | £1619.27 | £131.50 | x |
| 2014-03-31 | £1619.27 | £131.50 | x |
| 2014-04-04 | £1619.27 | £131.50 | x |
| 2015-03-31 | £1771.09 | £131.50 | x |
| 2016-03-31 | £1987.27 | £131.50 | x |
| 2017-03-31 | £2024.18 | £131.50 | x |
| 2018-03-31 | £1165.81 | £131.50 | x |
| 2019-03-31 | £1254.19 | £131.50 | x |
| 2020-03-31 | £1178.00 | £131.50 | x |
| 2021-03-31 | £1210.46 | £131.50 | x |
| 2022-03-31 | £1360.71 | £131.50 | x |
| 2023-03-31 | £1592.04 | £131.50 | x |
| 2024-03-31 | £1938.76 | £131.50 | x |
| 2025-03-31 | £2162.14 | £131.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nationwide Building Society utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.68%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.16%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 18.65x
- Recent ROE (11.68%) is above the historical average (6.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 6.28% | 21.52% | 0.01x | 20.41x | £-155.91 Million |
| 2004 | 6.98% | 23.10% | 0.01x | 22.28x | £-137.40 Million |
| 2005 | 7.40% | 23.94% | 0.01x | 22.59x | £-128.59 Million |
| 2006 | 7.89% | 21.38% | 0.02x | 23.97x | £-105.94 Million |
| 2007 | 8.48% | 22.43% | 0.02x | 25.14x | £-82.84 Million |
| 2008 | 8.24% | 23.16% | 0.01x | 29.80x | £-105.51 Million |
| 2009 | 3.77% | 7.86% | 0.01x | 47.13x | £-267.40 Million |
| 2010 | 4.62% | 12.39% | 0.01x | 33.48x | £-307.60 Million |
| 2011 | 3.97% | 12.20% | 0.01x | 30.20x | £-377.40 Million |
| 2012 | 2.91% | 8.40% | 0.01x | 31.84x | £-436.90 Million |
| 2013 | 2.36% | 12.46% | 0.01x | 21.32x | £-680.60 Million |
| 2014 | 6.16% | 23.98% | 0.01x | 21.33x | £-341.60 Million |
| 2014 | 6.16% | 23.98% | 0.01x | 21.32x | £-341.60 Million |
| 2015 | 8.61% | 29.01% | 0.01x | 20.08x | £-135.10 Million |
| 2016 | 9.01% | 29.86% | 0.02x | 19.12x | £-108.00 Million |
| 2017 | 6.80% | 23.58% | 0.01x | 19.91x | £-356.30 Million |
| 2018 | 6.09% | 23.71% | 0.01x | 18.70x | £-479.10 Million |
| 2019 | 4.69% | 19.98% | 0.01x | 18.10x | £-698.90 Million |
| 2020 | 2.95% | 6.48% | 0.02x | 20.05x | £-871.90 Million |
| 2021 | 4.84% | 13.60% | 0.02x | 19.95x | £-659.70 Million |
| 2022 | 8.72% | 24.83% | 0.02x | 18.96x | £-184.30 Million |
| 2023 | 10.69% | 17.85% | 0.03x | 17.46x | £107.00 Million |
| 2024 | 7.35% | 27.84% | 0.02x | 15.37x | £-468.60 Million |
| 2025 | 11.68% | 14.16% | 0.04x | 18.65x | £331.70 Million |
Industry Comparison
This section compares Nationwide Building Society's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $638,680,058,333
- Average return on equity (ROE) among peers: 11.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nationwide Building Society (NBS) | £18.55 Billion | 6.28% | 19.35x | $1.30 Billion |
| Bper Banca SpA (0MU6) | $9.57 Billion | 15.89% | 13.86x | $12.96 Billion |
| Arbuthnot Banking Group Plc (ARBB) | $-4.83 Million | 0.00% | 0.00x | $17.28K |
| Axis Bank Ltd GDR (AXB) | $1.58 Trillion | 16.75% | 8.64x | $354.81 Million |
| Halyk Bank of Kazakhstan Joint Stock Company (HSBK) | $2.48 Trillion | 28.00% | 5.26x | $2.61 Billion |
| Manx Financial Group Plc (MFX) | $13.17 Million | 9.88% | 10.59x | $3.37K |
| Permanent TSB Group Holdings PLC (PTSB) | $2.42 Billion | 2.81% | 10.47x | $1.72 Billion |
| SANTANDER UK 8 5/8% NON-CUM STLG PRF (SANB) | $14.41 Billion | 9.68% | 18.80x | $164.51 |
| State Bank of India GDR (SBID) | $1.67 Trillion | 10.18% | 15.18x | $472.37 Billion |
| Shawbrook Group PLC (SHAW) | $690.50 Million | 8.41% | 11.94x | $310.15K |