National Bank of Malawi Income Statement

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

Millions MWK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Interest Income on Loans	402,320	348,957	236,516	158,129	111,984	79,476
Interest Income on Investments	635	635	426	323	202	175
Total Interest Income	402,955	349,592	236,942	158,452	112,186	79,651
Interest Paid on Deposits	58,581	54,894	36,851	26,683	13,111	7,778
Net Interest Income	344,374	294,698	200,091	131,769	99,075	71,873
Net Interest Income Growth	43.27%	47.28%	51.85%	33.00%	37.85%	43.83%
Gain (Loss) on Sale of Assets	29	29	64	207	1	41
Gain (Loss) on Sale of Investments	8,165	8,165	-56	-	-	-
Gain (Loss) on Sale of Equity Investments	-	-	-	-26	-1,042	313
Other Non-Interest Income	232,897	204,517	113,795	83,679	45,978	41,583
Total Non-Interest Income	241,091	212,711	113,803	83,860	44,937	41,937
Non-Interest Income Growth	70.63%	86.91%	35.71%	86.62%	7.15%	46.29%
Revenues Before Loan Losses	585,465	507,409	313,894	215,629	144,012	113,810
Provision for Loan Losses	8,365	21,388	12,663	7,245	3,995	2,499
Revenue	577,100	486,021	301,231	208,384	140,017	111,311
Revenue Growth	58.24%	61.35%	44.56%	48.83%	25.79%	46.09%
Salaries and Employee Benefits	63,040	63,040	53,692	42,303	34,059	30,026
Occupancy Expenses	10,101	10,101	7,938	5,735	4,502	-
Other Non-Interest Expense	118,116	94,449	72,798	40,340	32,182	30,997
Total Non-Interest Expense	191,257	167,590	134,428	88,378	70,743	61,023
EBT Excluding Unusual Items	385,843	318,431	166,803	120,006	69,274	50,288
Asset Writedown	1,202	1,202	344	123	89	22
Other Unusual Items	-	-	-	-	-	278
Pretax Income	387,045	319,633	167,147	120,129	69,363	50,588
Income Tax Expense	139,211	121,663	65,437	48,170	23,419	16,378
Earnings From Continuing Operations	247,834	197,970	101,710	71,959	45,944	34,210
Minority Interest in Earnings	-3,105	-3,413	573	286	1,530	718
Net Income	244,729	194,557	102,283	72,245	47,474	34,928
Net Income to Common	244,729	194,557	102,283	72,245	47,474	34,928
Net Income Growth	72.80%	90.21%	41.58%	52.18%	35.92%	55.89%
Basic Shares Outstanding	467	467	467	467	467	467
Diluted Shares Outstanding	467	467	467	467	467	467
Shares Change	-	-	-	-	-	-
EPS (Basic)	524.04	416.61	219.02	154.70	101.66	74.79
EPS (Diluted)	524.04	416.61	217.79	154.70	101.66	74.79
EPS Growth	72.80%	91.29%	40.78%	52.18%	35.92%	55.88%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Dividend Per Share	226.530	197.920	126.350	102.860	70.670	49.260
Dividend Growth	68.86%	56.64%	22.84%	45.55%	43.46%	76.94%
Effective Tax Rate	35.97%	38.06%	39.15%	40.10%	33.76%	32.38%