NMB Bank Plc provides various banking products and services to individuals, small to medium sized businesses, and corporate clients in Tanzania, Europe, the United States, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||TSh2,140.00|
|52 Week High||TSh2,140.00|
|52 Week Low||TSh2,340.00|
|1 Month Change||-8.55%|
|3 Month Change||-8.55%|
|1 Year Change||-8.55%|
|3 Year Change||-22.18%|
|5 Year Change||-22.18%|
|Change since IPO||154.76%|
Recent News & Updates
|NMB||TZ Banks||TZ Market|
Return vs Industry: NMB underperformed the TZ Banks industry which returned 24.9% over the past year.
Return vs Market: NMB underperformed the TZ Market which returned 3.4% over the past year.
Stable Share Price: NMB is less volatile than 75% of TZ stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: NMB's weekly volatility (2%) has been stable over the past year.
About the Company
NMB Bank Plc provides various banking products and services to individuals, small to medium sized businesses, and corporate clients in Tanzania, Europe, the United States, and internationally. The company operates through Wholesale Banking, Retail Banking, Treasury, and UJVC segments. It offers personal, wisdom, current, bonus, savings, business, time deposit, current, and executive accounts, as well as fixed deposits, Kilimo accounts, Fanikiwa accounts, Chap accounts, and Chipukizi accounts.
NMB Bank Fundamentals Summary
|NMB fundamental statistics|
Is NMB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NMB income statement (TTM)|
|Cost of Revenue||TSh0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||499.26|
|Net Profit Margin||31.60%|
How did NMB perform over the long term?See historical performance and comparison
6.4%Current Dividend Yield
Is NMB 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: NMB (TZS2140) is trading above our estimate of fair value (TZS1586.25)
Significantly Below Fair Value: NMB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NMB's PE Ratio (4.3x) is in line with the TZ Banks industry average.
PE vs Market: NMB is good value based on its PE Ratio (4.3x) compared to the TZ market (10.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NMB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NMB is overvalued based on its PB Ratio (0.9x) compared to the TZ Banks industry average (0.8x).
How is NMB Bank forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if NMB's forecast earnings growth is above the savings rate (9.1%).
Earnings vs Market: Insufficient data to determine if NMB's earnings are forecast to grow faster than the TZ market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NMB's revenue (14.2% per year) is forecast to grow faster than the TZ market (7.1% per year).
High Growth Revenue: NMB's revenue (14.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NMB's Return on Equity is forecast to be high in 3 years time (23.8%)
How has NMB Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NMB has a high level of non-cash earnings.
Growing Profit Margin: NMB's current net profit margins (31.6%) are higher than last year (26.7%).
Past Earnings Growth Analysis
Earnings Trend: NMB's earnings have grown by 17.3% per year over the past 5 years.
Accelerating Growth: NMB's earnings growth over the past year (37.2%) exceeds its 5-year average (17.3% per year).
Earnings vs Industry: NMB earnings growth over the past year (37.2%) exceeded the Banks industry 11%.
Return on Equity
High ROE: NMB's Return on Equity (20.9%) is considered high.
How is NMB 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: NMB's Assets to Equity ratio (6.4x) is low.
Allowance for Bad Loans: NMB has a sufficient allowance for bad loans (112%).
Low Risk Liabilities: 92% of NMB's liabilities are made up of primarily low risk sources of funding.
Loan Level: NMB has an appropriate level of Loans to Assets ratio (56%).
Low Risk Deposits: NMB's Loans to Deposits ratio (72%) is appropriate.
Level of Bad Loans: NMB has a high level of bad loans (4.3%).
What is NMB Bank current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NMB's dividend (6.4%) is higher than the bottom 25% of dividend payers in the TZ market (1.97%).
High Dividend: NMB's dividend (6.4%) is low compared to the top 25% of dividend payers in the TZ market (8.2%).
Stability and Growth of Payments
Stable Dividend: NMB's dividend payments have been volatile in the past 10 years.
Growing Dividend: NMB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27.5%), NMB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NMB's dividends in 3 years are forecast to be well covered by earnings (33% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ruth Zaipuna (47 yo)
Ms. Ruth Henry Zaipuna has been Chief Executive Officer at NMB Bank Plc since August 2020 and served as its Acting Chief Executive Officer since 2020 until August 2020. She was Acting Managing Director at...
Experienced Management: NMB's management team is considered experienced (2.8 years average tenure).
Experienced Board: NMB's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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.
NMB Bank Plc's employee growth, exchange listings and data sources
- Name: NMB Bank Plc
- Ticker: NMB
- Exchange: DAR
- Founded: 1997
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: TSh1.070t
- Shares outstanding: 500.00m
- Website: https://www.nmbbank.co.tz
Number of Employees
- NMB Bank Plc
- Ohio/Ali Hassan Mwinyi Road
- PO Box 9213
- Dar es Salaam
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 15:01|
|End of Day Share Price||2021/10/25 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.