Nationwide Building Society (LON: NBS)

NBS Income Statement

Financials in millions GBP. Fiscal year is May - April.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Apr 4, 2024	Apr 4, 2024	Apr 4, 2023	Apr 4, 2022	Apr 4, 2021	Apr 4, 2020
Interest Income on Loans	13,962	13,962	8,776	4,501	4,122	5,157
Interest Income on Investments	63	63	49	11	2	-27
Total Interest Income	14,025	14,025	8,825	4,512	4,124	5,130
Interest Paid on Deposits	9,575	9,575	4,327	950	978	2,320
Net Interest Income	4,450	4,450	4,498	3,562	3,146	2,810
Net Interest Income Growth (YoY)	-1.07%	-1.07%	26.28%	13.22%	11.96%	-3.60%
Gain (Loss) on Sale of Assets	4	4	2	3	2	4
Gain (Loss) on Sale of Investments	47	47	74	47	41	40
Other Non-Interest Income	280	280	95	248	167	185
Total Non-Interest Income	331	331	171	298	210	229
Non-Interest Income Growth (YoY)	93.57%	93.57%	-42.62%	41.90%	-8.30%	-21.31%
Revenues Before Loan Losses	4,781	4,781	4,669	3,860	3,356	3,039
Provision for Loan Losses	112	112	126	-27	190	209
Revenue	4,669	4,669	4,543	3,887	3,166	2,830
Revenue Growth (YoY)	2.77%	2.77%	16.88%	22.77%	11.87%	-8.50%
Salaries and Employee Benefits	1,087	1,087	1,063	854	6	4
Occupancy Expenses	461	461	523	488	-	-
Selling, General & Administrative	825	825	717	753	2,140	2,227
Other Non-Interest Expense	520	520	11	72	88	52
Total Non-Interest Expense	2,893	2,893	2,314	2,167	2,234	2,283
EBT Excluding Unusual Items	1,776	1,776	2,229	1,720	932	547
Asset Writedown	-	-	-	-107	-72	-157
Other Unusual Items	-	-	-	-16	-37	76
Pretax Income	1,776	1,776	2,229	1,597	823	466
Income Tax Expense	476	476	565	345	205	101
Net Income	1,300	1,300	1,664	1,252	618	365
Net Income to Common	1,300	1,300	1,664	1,252	618	365
Net Income Growth	-21.88%	-21.88%	32.91%	102.59%	69.32%	-42.61%
Basic Shares Outstanding	9	9	10	11	11	11
Diluted Shares Outstanding	9	9	10	11	11	11
Shares Change (YoY)	-6.72%	-6.72%	-7.35%	-	0.53%	-
EPS (Basic)	142.51	142.51	170.15	118.61	58.55	34.76
EPS (Diluted)	142.51	142.51	170.15	118.61	58.55	34.76
EPS Growth	-16.24%	-16.24%	43.45%	102.59%	68.42%	-42.61%
Dividend Per Share	10.250	10.250	10.250	10.250	10.250	10.250
Effective Tax Rate	26.80%	26.80%	25.35%	21.60%	24.91%	21.67%

Source: S&P Capital IQ. Banks template. Financial Sources.