Nationwide Building Society (NBS) - Net Assets

Latest as of September 2025: £18.55 Billion GBP ≈ $24.91 Billion USD

Based on the latest financial reports, Nationwide Building Society (NBS) has net assets worth £18.55 Billion GBP (≈ $24.91 Billion USD) 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 ≈ $506.91 Billion USD) and total liabilities (£358.92 Billion ≈ $482.00 Billion USD). 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. Check Nationwide Building Society (NBS) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore how large is Nationwide Building Society's balance sheet for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Nationwide Building Society market capitalisation.

Year	Net Assets	Change
2025-03-31	£20.48 Billion ≈ $27.51 Billion	+15.81%
2024-03-31	£17.69 Billion ≈ $23.75 Billion	+13.59%
2023-03-31	£15.57 Billion ≈ $20.91 Billion	+8.40%
2022-03-31	£14.36 Billion ≈ $19.29 Billion	+12.41%
2021-03-31	£12.78 Billion ≈ $17.16 Billion	+3.30%
2020-03-31	£12.37 Billion ≈ $16.61 Billion	-6.07%
2019-03-31	£13.17 Billion ≈ $17.68 Billion	+7.58%
2018-03-31	£12.24 Billion ≈ $16.44 Billion	+9.95%
2017-03-31	£11.13 Billion ≈ $14.95 Billion	+1.86%
2016-03-31	£10.93 Billion ≈ $14.68 Billion	+12.21%
2015-03-31	£9.74 Billion ≈ $13.08 Billion	+9.38%
2014-04-04	£8.91 Billion ≈ $11.96 Billion	0.00%
2014-03-31	£8.91 Billion ≈ $11.96 Billion	0.00%
2013-03-31	£8.91 Billion ≈ $11.96 Billion	+44.60%
2012-03-31	£6.16 Billion ≈ $8.27 Billion	-1.52%
2011-03-31	£6.25 Billion ≈ $8.40 Billion	+9.41%
2010-03-31	£5.72 Billion ≈ $7.68 Billion	+33.12%
2009-03-31	£4.29 Billion ≈ $5.77 Billion	-28.53%
2008-03-31	£6.01 Billion ≈ $8.07 Billion	+9.95%
2007-03-31	£5.46 Billion ≈ $7.34 Billion	+8.61%
2006-03-31	£5.03 Billion ≈ $6.76 Billion	+1.87%
2005-03-31	£4.94 Billion ≈ $6.63 Billion	+8.48%
2004-03-31	£4.55 Billion ≈ $6.11 Billion	+8.76%
2003-03-31	£4.19 Billion ≈ $5.62 Billion	+7.65%
2002-03-31	£3.89 Billion ≈ $5.22 Billion	+8.24%
2001-03-31	£3.59 Billion ≈ $4.82 Billion	+10.31%
2000-03-31	£3.26 Billion ≈ $4.37 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
Guangzhou Pearl River Piano Group Co Ltd SHE:002678	$1.19 Billion
FGV Holdings Bhd KLSE:5222	$1.19 Billion
Wuxi Xinhongtai ElecTech SHG:603016	$1.19 Billion
Magazine Luiza S.A SA:MGLU3	$1.19 Billion
Hongbo Co Ltd SHE:002229	$1.19 Billion
Hiecise Precision Equipment Co Ltd SHE:300809	$1.19 Billion
Zhejiang Guyuelongshan Shaoxing Wine Co Ltd SHG:600059	$1.19 Billion
Under Armour Inc A NYSE:UAA	$1.19 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	£129.50	x
2001-03-31	£653.20	£129.50	x
2002-03-31	£707.02	£129.50	x
2003-03-31	£761.11	£129.50	x
2004-03-31	£827.82	£129.50	x
2005-03-31	£897.98	£129.50	x
2006-03-31	£914.80	£129.50	x
2007-03-31	£993.53	£129.50	x
2008-03-31	£1092.38	£129.50	x
2009-03-31	£780.73	£129.50	x
2010-03-31	£1039.27	£129.50	x
2011-03-31	£1137.09	£129.50	x
2012-03-31	£1119.82	£129.50	x
2013-03-31	£1619.27	£129.50	x
2014-03-31	£1619.27	£129.50	x
2014-04-04	£1619.27	£129.50	x
2015-03-31	£1771.09	£129.50	x
2016-03-31	£1987.27	£129.50	x
2017-03-31	£2024.18	£129.50	x
2018-03-31	£1165.81	£129.50	x
2019-03-31	£1254.19	£129.50	x
2020-03-31	£1178.00	£129.50	x
2021-03-31	£1210.46	£129.50	x
2022-03-31	£1360.71	£129.50	x
2023-03-31	£1592.04	£129.50	x
2024-03-31	£1938.76	£129.50	x
2025-03-31	£2162.14	£129.50	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: $222,629,234,173
Average return on equity (ROE) among peers: 9.68%

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	$1.19 Billion
Arbuthnot Banking Group Plc (ARBB)	$21.85 Million	21.48%	6.37x	$1.67 Million
Axis Bank Ltd GDR (AXB)	$1.58 Trillion	16.75%	8.64x	$410.15 Million
Lion Finance Group PLC (BGEO)	$2.15 Billion	23.14%	7.63x	$57.47 Million
Close Brothers Group plc (CBG)	$1.30 Billion	15.52%	6.83x	$8.09 Million
Halyk Bank of Kazakhstan Joint Stock Company (HSBK)	$309.13 Billion	12.74%	6.36x	$6.48 Billion
Lloyds Banking Group PLC (LLOY)	$39.34 Billion	-2.13%	20.41x	$703.30 Million
Manx Financial Group Plc (MFX)	$29.77 Million	14.55%	11.74x	$403.91K
Metro Bank PLC (MTRO)	$407.18 Million	-12.08%	14.10x	$12.19 Million
NatWest Group PLC (NWG)	$76.05 Billion	-2.83%	18.81x	$548.86 Million

About Nationwide Building Society

LSE:NBS UK Banks - Regional

Market Cap

$1.59 Billion

£1.18 Billion GBP

Market Cap Rank

#8364 Global

#24 in UK

Share Price

£129.50

Change (1 day)

+0.00%

52-Week Range

£128.00 - £133.00

All Time High

£191.00