National Bank of Malawi Balance Sheet

Financials in millions MWK. Fiscal year is January - December.

Millions MWK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	630,368	327,411	322,852	283,254	153,042	98,022
Investment Securities	745,945	629,741	381,517	347,043	312,712	187,068
Trading Asset Securities	-	18,761	9,803	6,892	5,357	4,744
Total Investments	745,945	648,502	391,320	353,935	318,069	191,812
Gross Loans	567,974	503,849	432,702	328,733	256,148	215,892
Allowance for Loan Losses	-	-15,077	-12,663	-8,510	-8,697	-10,219
Other Adjustments to Gross Loans	-	-20,989	-14,179	-9,783	-6,567	-5,503
Net Loans	567,974	467,783	405,860	310,440	240,884	200,170
Property, Plant & Equipment	75,716	75,258	60,745	49,882	46,340	37,408
Goodwill	4,647	4,647	3,959	3,959	3,959	3,959
Other Intangible Assets	21,486	18,606	12,033	9,496	9,424	10,047
Investments in Real Estate	1,250	1,240	-	-	-	-
Other Receivables	-	858	224	334	2,356	2,755
Restricted Cash	-	127,795	40,616	34,188	9,774	15,813
Other Current Assets	-	36,311	22,225	5,098	3,449	2,586
Long-Term Deferred Tax Assets	4,517	4,508	2,203	11,785	11,137	8,706
Other Long-Term Assets	65,346	17,286	9,959	10,978	4,476	1,415
Total Assets	2,117,249	1,730,205	1,271,996	1,073,349	802,910	572,693
Accounts Payable	-	10,664	5,398	3,846	3,713	3,536
Accrued Expenses	-	12,383	11,067	8,583	7,426	4,644
Interest Bearing Deposits	1,600,968	941,119	701,031	548,660	350,797	249,786
Non-Interest Bearing Deposits	-	387,308	268,382	260,902	207,448	153,917
Total Deposits	1,600,968	1,328,427	969,413	809,562	558,245	403,703
Short-Term Borrowings	-	14,714	13,982	35,640	51,677	12,557
Current Portion of Long-Term Debt	-	1,999	-	5,968	4,066	3,908
Current Portion of Leases	-	2,023	578	3,113	2,395	893
Current Income Taxes Payable	26,819	34,287	19,008	7,712	4,901	4,306
Other Current Liabilities	-	23,221	10,343	8,716	7,136	5,344
Long-Term Debt	11,220	9,350	12,447	5,140	6,530	9,805
Long-Term Leases	8,197	6,738	4,649	3,736	5,505	2,265
Long-Term Unearned Revenue	-	6,309	2,359	2,126	1,600	675
Long-Term Deferred Tax Liabilities	747	972	5,067	2	-	-
Other Long-Term Liabilities	132,914	8,444	9,911	5,381	3,547	3,139
Total Liabilities	1,780,865	1,459,531	1,064,222	899,525	656,741	454,775
Common Stock	332,443	467	467	467	467	467
Additional Paid-In Capital	-	613	613	613	613	613
Retained Earnings	-	222,403	169,671	133,036	111,264	91,575
Comprehensive Income & Other	-	44,998	35,724	38,064	30,614	25,150
Total Common Equity	332,443	268,481	206,475	172,180	142,958	117,805
Minority Interest	3,941	2,193	1,299	1,644	3,211	113
Shareholders' Equity	336,384	270,674	207,774	173,824	146,169	117,918
Total Liabilities & Equity	2,117,249	1,730,205	1,271,996	1,073,349	802,910	572,693
Total Debt	19,417	34,824	31,656	53,597	70,173	29,428
Net Cash (Debt)	610,951	311,348	300,999	236,549	88,226	73,338
Net Cash Growth	159.75%	3.44%	27.25%	168.12%	20.30%	55.65%
Net Cash Per Share	1308.25	666.70	644.54	506.53	188.92	157.04
Filing Date Shares Outstanding	467	466.93	466.93	466.93	466.93	466.93
Total Common Shares Outstanding	467	466.93	466.93	466.93	466.93	466.93
Book Value Per Share	711.87	574.99	442.20	368.75	306.16	252.30
Tangible Book Value	306,310	245,228	190,483	158,725	129,575	103,799
Tangible Book Value Per Share	655.91	525.19	407.95	339.93	277.50	222.30

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.