National Bank of Malawi Balance Sheet

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

Millions MWK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	815,278	327,411	322,852	283,254	153,042
Investment Securities	884,485	629,741	381,517	347,043	312,712
Trading Asset Securities	-	18,761	9,803	6,892	5,357
Total Investments	884,485	648,502	391,320	353,935	318,069
Gross Loans	614,615	503,849	432,702	328,733	256,148
Allowance for Loan Losses	-	-15,077	-12,663	-8,510	-8,697
Other Adjustments to Gross Loans	-	-20,989	-14,179	-9,783	-6,567
Net Loans	614,615	467,783	405,860	310,440	240,884
Property, Plant & Equipment	85,606	75,258	60,745	49,882	46,340
Goodwill	4,647	4,647	3,959	3,959	3,959
Other Intangible Assets	25,412	18,606	12,033	9,496	9,424
Investments in Real Estate	2,547	1,240	-	-	-
Other Receivables	414	858	224	334	2,356
Restricted Cash	-	127,795	40,616	34,188	9,774
Other Current Assets	-	36,311	22,225	5,098	3,449
Long-Term Deferred Tax Assets	5,022	4,508	2,203	11,785	11,137
Other Long-Term Assets	56,773	17,286	9,959	10,978	4,476
Total Assets	2,494,799	1,730,205	1,271,996	1,073,349	802,910
Accounts Payable	-	10,664	5,398	3,846	3,713
Accrued Expenses	-	12,383	11,067	8,583	7,426
Interest Bearing Deposits	1,908,502	941,119	701,031	548,660	350,797
Non-Interest Bearing Deposits	-	387,308	268,382	260,902	207,448
Total Deposits	1,908,502	1,328,427	969,413	809,562	558,245
Short-Term Borrowings	-	14,714	13,982	35,640	51,677
Current Portion of Long-Term Debt	-	1,999	-	5,968	4,066
Current Portion of Leases	-	2,023	578	3,113	2,395
Current Income Taxes Payable	55,056	34,287	19,008	7,712	4,901
Other Current Liabilities	-	23,221	10,343	8,716	7,136
Long-Term Debt	13,464	9,350	12,447	5,140	6,530
Long-Term Leases	7,330	6,738	4,649	3,736	5,505
Long-Term Unearned Revenue	-	6,309	2,359	2,126	1,600
Long-Term Deferred Tax Liabilities	7,106	972	5,067	2	-
Other Long-Term Liabilities	89,708	8,444	9,911	5,381	3,547
Total Liabilities	2,081,166	1,459,531	1,064,222	899,525	656,741
Common Stock	408,066	467	467	467	467
Additional Paid-In Capital	-	613	613	613	613
Retained Earnings	-	222,403	169,671	133,036	111,264
Comprehensive Income & Other	-	44,998	35,724	38,064	30,614
Total Common Equity	408,066	268,481	206,475	172,180	142,958
Minority Interest	5,567	2,193	1,299	1,644	3,211
Shareholders' Equity	413,633	270,674	207,774	173,824	146,169
Total Liabilities & Equity	2,494,799	1,730,205	1,271,996	1,073,349	802,910
Total Debt	20,794	34,824	31,656	53,597	70,173
Net Cash (Debt)	794,484	311,348	300,999	236,549	88,226
Net Cash Growth	155.18%	3.44%	27.25%	168.12%	20.30%
Net Cash Per Share	1701.25	666.70	644.54	506.53	188.92
Filing Date Shares Outstanding	467	466.93	466.93	466.93	466.93
Total Common Shares Outstanding	467	466.93	466.93	466.93	466.93
Book Value Per Share	873.80	574.99	442.20	368.75	306.16
Tangible Book Value	378,007	245,228	190,483	158,725	129,575
Tangible Book Value Per Share	809.44	525.19	407.95	339.93	277.50

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.