National Bank of Malawi plc (MAL:NBM)

National Bank of Malawi Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1,022,895	694,839	327,411	322,852	283,254	153,042
Investment Securities	947,617	838,777	629,741	381,517	347,043	312,712
Trading Asset Securities	-	48,156	18,761	9,803	6,892	5,357
Total Investments	947,617	886,933	648,502	391,320	353,935	318,069
Gross Loans	690,047	663,418	503,849	432,702	328,733	256,148
Allowance for Loan Losses	-	-28,222	-15,077	-12,663	-8,510	-8,697
Other Adjustments to Gross Loans	-	-20,581	-20,989	-14,179	-9,783	-6,567
Net Loans	690,047	614,615	467,783	405,860	310,440	240,884
Property, Plant & Equipment	82,573	85,606	75,258	60,745	49,882	46,340
Goodwill	4,647	4,647	4,647	3,959	3,959	3,959
Other Intangible Assets	26,283	25,412	18,606	12,033	9,496	9,424
Investments in Real Estate	2,547	2,547	1,240	-	-	-
Other Receivables	262	2,883	858	224	16	2,356
Restricted Cash	-	120,439	127,795	40,616	34,188	9,774
Other Current Assets	-	32,960	36,311	22,225	5,416	3,449
Long-Term Deferred Tax Assets	10,082	5,022	4,508	2,203	11,785	11,137
Other Long-Term Assets	68,784	18,896	17,286	9,959	10,978	4,476
Total Assets	2,855,737	2,494,799	1,730,205	1,271,996	1,073,349	802,910

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	-	16,164	10,664	5,398	3,846	3,713
Accrued Expenses	-	18,144	12,383	11,067	8,583	7,426
Interest Bearing Deposits	2,118,860	1,348,370	941,119	701,031	548,660	350,797
Non-Interest Bearing Deposits	-	560,132	387,308	268,382	260,902	207,448
Total Deposits	2,118,860	1,908,502	1,328,427	969,413	809,562	558,245
Short-Term Borrowings	-	17,695	14,714	13,982	35,640	51,677
Current Portion of Long-Term Debt	-	1,771	1,991	-	5,968	4,066
Current Portion of Leases	-	2,841	2,023	578	3,113	2,395
Current Income Taxes Payable	32,811	55,056	34,287	19,008	7,712	4,901
Other Current Liabilities	-	20,864	16,323	10,343	8,716	7,136
Long-Term Debt	12,468	11,693	9,358	12,447	5,140	6,530
Long-Term Leases	6,389	4,489	6,738	4,649	3,736	5,505
Long-Term Unearned Revenue	-	5,118	6,309	2,359	2,126	1,600
Long-Term Deferred Tax Liabilities	-	7,106	972	5,067	2	-
Other Long-Term Liabilities	160,382	11,723	15,342	9,911	5,381	3,547
Total Liabilities	2,330,910	2,081,166	1,459,531	1,064,222	899,525	656,741

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	517,865	467	467	467	467	467
Additional Paid-In Capital	-	613	613	613	613	613
Retained Earnings	-	355,303	222,403	169,671	133,036	111,264
Comprehensive Income & Other	-	51,683	44,998	35,724	38,064	30,614
Total Common Equity	517,865	408,066	268,481	206,475	172,180	142,958
Minority Interest	6,962	5,567	2,193	1,299	1,644	3,211
Shareholders' Equity	524,827	413,633	270,674	207,774	173,824	146,169
Total Liabilities & Equity	2,855,737	2,494,799	1,730,205	1,271,996	1,073,349	802,910

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	18,857	38,489	34,824	31,656	53,597	70,173
Net Cash (Debt)	1,004,038	704,506	311,348	300,999	236,549	88,226
Net Cash Growth	64.34%	126.28%	3.44%	27.25%	168.12%	20.30%
Net Cash Per Share	2149.97	1508.58	666.70	644.54	506.53	188.92
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	1108.92	873.93	574.99	442.20	368.75	306.16
Tangible Book Value	486,935	378,007	245,228	190,483	158,725	129,575
Tangible Book Value Per Share	1042.69	809.56	525.19	407.95	339.93	277.50

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 11, 2026

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