NBS Bank plc provides retail and corporate banking, and treasury management products and services to individuals, small and medium businesses, large corporations, and public institutions in Malawi.
Price History & Performance
|Historical stock prices|
|Current Share Price||MK22.99|
|52 Week High||MK0|
|52 Week Low||MK0|
|1 Month Change||-12.65%|
|3 Month Change||-12.88%|
|1 Year Change||9.48%|
|3 Year Change||129.90%|
|5 Year Change||194.74%|
|Change since IPO||129.90%|
Recent News & Updates
|NBS||MW Banks||MW Market|
Return vs Industry: NBS underperformed the MW Banks industry which returned 36.3% over the past year.
Return vs Market: NBS underperformed the MW Market which returned 27.2% over the past year.
Stable Share Price: NBS is not significantly more volatile than the rest of MW stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: NBS's weekly volatility (3%) has been stable over the past year.
About the Company
NBS Bank plc provides retail and corporate banking, and treasury management products and services to individuals, small and medium businesses, large corporations, and public institutions in Malawi. It offers current, savings, investment, and term deposit accounts; corporate, mortgage, personal, short-term, SME, agri-business, and motor vehicle loans, as well as overdraft facilities and asset finance; and credit products. The company also issues debt securities; provides derivatives for risk management purposes; and invests in liquid assets, such as short-term placement and corporate government debt securities.
NBS Bank Fundamentals Summary
|NBS fundamental statistics|
Is NBS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NBS income statement (TTM)|
|Cost of Revenue||MK0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||2.95|
|Net Profit Margin||22.45%|
How did NBS perform over the long term?See historical performance and comparison
5.7%Current Dividend Yield
Is NBS Bank undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NBS (MWK22.99) is trading above our estimate of fair value (MWK10.62)
Significantly Below Fair Value: NBS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NBS is good value based on its PE Ratio (7.8x) compared to the MW Banks industry average (12.1x).
PE vs Market: NBS is good value based on its PE Ratio (7.8x) compared to the MW market (12.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NBS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NBS is overvalued based on its PB Ratio (2.8x) compared to the MW Banks industry average (2.7x).
How is NBS Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as NBS Bank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has NBS Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NBS has high quality earnings.
Growing Profit Margin: NBS's current net profit margins (22.5%) are higher than last year (17.8%).
Past Earnings Growth Analysis
Earnings Trend: NBS has become profitable over the past 5 years, growing earnings by 62.5% per year.
Accelerating Growth: NBS's earnings growth over the past year (45.9%) is below its 5-year average (62.5% per year).
Earnings vs Industry: NBS earnings growth over the past year (45.9%) exceeded the Banks industry 11%.
Return on Equity
High ROE: NBS's Return on Equity (36.6%) is considered high.
How is NBS Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: NBS's Assets to Equity ratio (12.1x) is moderate.
Allowance for Bad Loans: NBS has a low allowance for bad loans (70%).
Low Risk Liabilities: 94% of NBS's liabilities are made up of primarily low risk sources of funding.
Loan Level: NBS has an appropriate level of Loans to Assets ratio (20%).
Low Risk Deposits: NBS's Loans to Deposits ratio (23%) is appropriate.
Level of Bad Loans: NBS has a high level of bad loans (3.3%).
What is NBS Bank current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NBS's dividend (5.65%) is higher than the bottom 25% of dividend payers in the MW market (1.43%).
High Dividend: NBS's dividend (5.65%) is in the top 25% of dividend payers in the MW market (4.81%)
Stability and Growth of Payments
Stable Dividend: NBS's dividend payments have been volatile in the past 10 years.
Growing Dividend: NBS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (44%), NBS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kwanele Ngwenya (52 yo)
Mr. K.B. Ngwenya, MCIBS, MSC (Strategy), MBA (Bus. Admin), CBMBA (Chartered Banker) Dip (Bus Mgt), Dip (Fin Mgt) is employed with NBS Bank Plc (formerly, NBS Bank Ltd). He serves as Chief Executive Office...
Experienced Management: NBS's management team is considered experienced (3.5 years average tenure).
Experienced Board: NBS's board of directors are considered experienced (4.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
NBS Bank Plc's employee growth, exchange listings and data sources
- Name: NBS Bank Plc
- Ticker: NBS
- Exchange: MAL
- Founded: 2003
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: MK66.914b
- Shares outstanding: 2.91b
- Website: https://www.nbs.mw
- NBS Bank Plc
- NBS House
- Cor Chipembere Hwy & Johnstone Rd
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/15 17:03|
|End of Day Share Price||2021/10/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.