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Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (17 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review

National Bank of Malawi

NBM · Malawi Stock Exchange · Consolidated statements

On this page
Company details
Legal name
National Bank of Malawi plc
Listing
NBM on the Malawi Stock Exchange, active · ISIN MWNBM0010074 (observed 2026-10-08)
Sector
Not classified (our classification from the stated principal activity)
Financial year ends
31 December

Overview

Year ended 31 December 2025 · published summary of audited statements, final status not established · source

Read with these figures

  • Published summary of audited statements not confirmed as final. The published copy is unsigned. The FY2025 figures come from it.
Full wording and sources

  • Published summary of audited statements for 2025: final status not established

    An ISA 810 (Revised) report of the independent auditor on the summary is printed (PDF p1, page image) under the EY logo, with 'Chartered Accountants (Malawi)', 'Chiwemi Chihana', 'Registered Practicing Accountant' and the date 27 March 2026 typeset; no handwritten signature is shown (name_printed_unsigned). The summary is signed by order of the board by the Chairman (Dr. Grant P. Kabango), a Director (Madalo C. Mwenelupembe), the CEO (Harold N. Jiya) and the CFO (Daniel C.W. Jere), dated 20 March 2026 (page image). Published by the Malawi Stock Exchange.

    Source: National Bank of Malawi plc Summary of Audited Results for the year ended 31 December 2025 (dated 2026-03-27)

  • 2025, 2024: figures from a published summary

    These columns come from a summary of the audited statements, not the full audited financial statements. The summary's 'Basis of preparation' heading prints no text (p1). The auditor's report on the summary states that the summary statements 'are derived from the audited consolidated and separate financial statements of National Bank of Malawi Plc for the year ended 31 December 2025' (p1). Report of the independent auditor on the summary consolidated and separate financial statements (ISA 810 (Revised)): 'In our opinion, the accompanying summary consolidated and separate financial statements are consistent, in all material respects, with the audited consolidated and separate financial statements, in accordance with IFRS Accounting Standards ...' It states: 'We expressed an unmodified audit opinion on the audited consolidated and separate financial statements in our report dated 27 March 2026.' EY logo, 'Chartered Accountants (Malawi)', Chiwemi Chihana, Registered Practicing Accountant, 27 March 2026, typeset without a handwritten signature (p1). Summary consolidated and separate statements of profit or loss and other comprehensive income, financial position (no total liabilities or total equity line), changes in equity (not transcribed) and cash flows (operating section in detail; investing and financing totals only), with regulatory disclosures; Group and Company columns; no notes (p1).

    Source: National Bank of Malawi plc Summary of Audited Results for the year ended 31 December 2025 (dated 2026-03-27)

  • Net interest income

    MWK 294 billion

    294,063 MWK millions · p1

    +47.3% vs 2024

  • Net revenue

    MWK 509 billion

    508,611 MWK millions · p1

    +61.9% vs 2024

  • Profit / (loss) for the year

    MWK 198 billion

    197,970 MWK millions · p1

    +94.6% vs 2024

  • Total assets

    MWK 2.49 trillion

    2,494,799 MWK millions · p1

    +44.2% vs 2024

  • Customer deposits

    MWK 1.91 trillion

    1,908,502 MWK millions · p1

    +43.7% vs 2024

  • Total equity

    Not reported in this filing

Large amounts are rounded for reading (MWK million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.

Financial statements

Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in MWK millions unless the row says otherwise; brackets are negative.

† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table

Column sources

  • FY2025 — published summary of audited statements (summary), final status not established; reported for the year · source
  • FY2024 — published summary of audited statements (summary), final status not established; comparative in the FY2025 filing · source
    • 2025, 2024: figures from a published summary. These columns come from a summary of the audited statements, not the full audited financial statements. The summary's 'Basis of preparation' heading prints no text (p1). The auditor's report on the summary states that the summary statements 'are derived from the audited consolidated and separate financial statements of National Bank of Malawi Plc for the year ended 31 December 2025' (p1). Report of the independent auditor on the summary consolidated and separate financial statements (ISA 810 (Revised)): 'In our opinion, the accompanying summary consolidated and separate financial statements are consistent, in all material respects, with the audited consolidated and separate financial statements, in accordance with IFRS Accounting Standards ...' It states: 'We expressed an unmodified audit opinion on the audited consolidated and separate financial statements in our report dated 27 March 2026.' EY logo, 'Chartered Accountants (Malawi)', Chiwemi Chihana, Registered Practicing Accountant, 27 March 2026, typeset without a handwritten signature (p1). Summary consolidated and separate statements of profit or loss and other comprehensive income, financial position (no total liabilities or total equity line), changes in equity (not transcribed) and cash flows (operating section in detail; investing and financing totals only), with regulatory disclosures; Group and Company columns; no notes (p1).

Income statement

Income statement, MWK millions. Columns: FY2025 — published summary of audited statements (final status not established), as reported for the year; FY2024 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2025.
Line (as printed) FY2025Published summary of audited statements (summary)reported for the yearFY2024Published summary of audited statements (summary)comparative in FY2025 filingsource limitations
Interest and similar income 348,957 236,516
Interest expense and similar charges (54,894) (36,851)
Net interest and similar income 294,063 199,665
Insurance revenue 13,772 10,628
Other income 200,776 103,954
Net revenue1 508,611 314,247
Operating expenses (167,590) (134,437)
Profit before impairment losses on financial assets 341,021 179,810
Net impairment losses on financial assets (21,388) (12,663)
Profit before taxation 319,633 167,147
Taxation (121,663) (65,437)
Profit after tax 197,970 101,710
Surplus on revaluation of properties2 12,643 9,183
Fair value gain on investment in unquoted shares3 1,264 946
Deferred tax on revaluation surplus and fair value gains4 (5,597) (3,613)
Other comprehensive income net of tax 8,310 6,516
Total comprehensive income for the year 206,280 108,226
Non-Controlling Interest (Minorities)5 3,413 (573)
Notes and alternative reported figures (5)
  1. “Net revenue” is an issuer-specific line, not mapped to a shared definition: Net interest income, insurance revenue and other income.
  2. “Surplus on revaluation of properties” is an issuer-specific line, not mapped to a shared definition: Other comprehensive income.
  3. “Fair value gain on investment in unquoted shares” is an issuer-specific line, not mapped to a shared definition: Other comprehensive income.
  4. “Deferred tax on revaluation surplus and fair value gains” is an issuer-specific line, not mapped to a shared definition: Other comprehensive income.
  5. “Non-Controlling Interest (Minorities)” is an issuer-specific line, not mapped to a shared definition: Attribution of profit after tax.

Balance sheet

Balance sheet, MWK millions. Columns: FY2025 — published summary of audited statements (final status not established), as reported for the year; FY2024 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2025.
Line (as printed) FY2025Published summary of audited statements (summary)reported for the yearFY2024Published summary of audited statements (summary)comparative in FY2025 filingsource limitations
Customer deposits 1,908,502 1,328,427
Current income tax liabilities 55,056 34,287
Other liabilities 78,732 66,044
Insurance contracts liabilities 10,824 9,488
Re-insurance contracts liabilities 152 203
Loans and borrowings 13,464 11,349
Lease liability1 7,330 8,761
Deferred tax 7,106 972
Equity attributable to equity holders of the parent company 408,066 268,481
Non-controlling interest 5,567 2,193
Total liabilities and equity 2,494,799 1,730,205
Cash and funds with Central Banks 170,785 171,927
Placements with other banks 197,819 101,662
Other money market investments2 446,674 181,617
Other assets 54,019 52,940
Current income tax asset 414 –3
Insurance contracts assets 348 109
Reinsurance contracts assets 2,406 2,605
Equity investments4 48,156 18,761
Government securities5 836,329 628,542
Loans and advances to customers 614,615 467,783
Investment in associate –3 –3
Investment in subsidiaries6 –3 –3
Property and equipment 81,728 69,126
Intangible assets 25,412 18,606
Investment properties 2,547 1,240
Right of use assets 3,878 6,132
Deferred tax 5,022 4,508
Goodwill7 4,647 4,647
Total assets 2,494,799 1,730,205
  1. Printed “-”, read as nil: subtotal_arithmetic: bs.total_assets.
Notes and alternative reported figures (6)
  1. “Lease liability” is an issuer-specific line, not mapped to a shared definition: Not split into current and non-current.
  2. “Other money market investments” is an issuer-specific line, not mapped to a shared definition: Asset.
  3. “Equity investments” is an issuer-specific line, not mapped to a shared definition: Asset.
  4. “Government securities” is an issuer-specific line, not mapped to a shared definition: Asset.
  5. “Investment in subsidiaries” is an issuer-specific line, not mapped to a shared definition: Dash in the Group columns.
  6. “Goodwill” is an issuer-specific line, not mapped to a shared definition: Asset, printed apart from intangible assets.

Cash flow

Cash flow, MWK millions. Columns: FY2025 — published summary of audited statements (final status not established), as reported for the year; FY2024 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2025.
Line (as printed) FY2025Published summary of audited statements (summary)reported for the yearFY2024Published summary of audited statements (summary)comparative in FY2025 filingsource limitations
Profit before tax1 319,633 167,147
Depreciation of property and equipment2 7,332 6,293
Amortisation of intangible assets3 2,769 1,645
Amortisation of right of use of assets4 2,317 2,289
Interest on lease liability5 2,032 2,274
Interest payable on loans6 406 339
Net gains on financial instruments classified as held for trading7 (35,977) (7,299)
Gains on disposal of financial instruments classified as held for trading8 (6,180) 56
Profit/(loss) on disposal of property and equipment9 (29) (64)
Write-off of property and equipment10 –11 9
Dividends received12 (635) (426)
Net fair value loss/(gain) on revaluation of properties13 (1,202) (353)
Net (gains)/losses on modified and restructured loans14 (61) (59)
Movement in allowance for impairment on financial assets15 28,122 16,950
Operating cashflows before working capital movements16 318,527 188,801
Movement in customer deposits17 580,075 359,014
Movement in Government securities18 202,153 87,536
Movement in liabilities to other banks19 2,981 732
Movement in other liabilities and provisions20 9,707 14,546
Movement in loans and advances to customers21 (174,954) (78,873)
Movement in other assets22 185 (19,713)
Net cash flow from operating activities23 938,674 552,043
Income tax paid (101,285) (58,019)
Net cash from operating activities 837,389 494,024
Net cash used in investing activities (412,728) (347,918)
Net cash outflow used in financing activities (64,589) (54,368)
Net increase in cash and cash equivalents 360,072 91,738
Cash and cash equivalents at beginning of the year 455,206 363,468
Cash and cash equivalents at end of the year 815,278 455,206
  1. Printed “-”, read as nil: subtotal_arithmetic: cf.native.co_ebbzja65hb8p.cf_before_working_capital.
Notes and alternative reported figures (22)
  1. “Profit before tax” is an issuer-specific line, not mapped to a shared definition: Starting line of the operating section.
  2. “Depreciation of property and equipment” is an issuer-specific line, not mapped to a shared definition: Adjustment.
  3. “Amortisation of intangible assets” is an issuer-specific line, not mapped to a shared definition: Adjustment.
  4. “Amortisation of right of use of assets” is an issuer-specific line, not mapped to a shared definition: Adjustment.
  5. “Interest on lease liability” is an issuer-specific line, not mapped to a shared definition: Adjustment.
  6. “Interest payable on loans” is an issuer-specific line, not mapped to a shared definition: Adjustment.
  7. “Net gains on financial instruments classified as held for trading” is an issuer-specific line, not mapped to a shared definition: Adjustment.
  8. “Gains on disposal of financial instruments classified as held for trading” is an issuer-specific line, not mapped to a shared definition: Adjustment.
  9. “Profit/(loss) on disposal of property and equipment” is an issuer-specific line, not mapped to a shared definition: Adjustment.
  10. “Write-off of property and equipment” is an issuer-specific line, not mapped to a shared definition: Adjustment.
  11. “Dividends received” is an issuer-specific line, not mapped to a shared definition: Adjustment (deducted from profit).
  12. “Net fair value loss/(gain) on revaluation of properties” is an issuer-specific line, not mapped to a shared definition: Adjustment.
  13. “Net (gains)/losses on modified and restructured loans” is an issuer-specific line, not mapped to a shared definition: Adjustment.
  14. “Movement in allowance for impairment on financial assets” is an issuer-specific line, not mapped to a shared definition: Adjustment.
  15. “Operating cashflows before working capital movements” is an issuer-specific line, not mapped to a shared definition: Subtotal.
  16. “Movement in customer deposits” is an issuer-specific line, not mapped to a shared definition: Working capital movement.
  17. “Movement in Government securities” is an issuer-specific line, not mapped to a shared definition: Working capital movement.
  18. “Movement in liabilities to other banks” is an issuer-specific line, not mapped to a shared definition: Working capital movement.
  19. “Movement in other liabilities and provisions” is an issuer-specific line, not mapped to a shared definition: Working capital movement.
  20. “Movement in loans and advances to customers” is an issuer-specific line, not mapped to a shared definition: Working capital movement.
  21. “Movement in other assets” is an issuer-specific line, not mapped to a shared definition: Working capital movement.
  22. “Net cash flow from operating activities” is an issuer-specific line, not mapped to a shared definition: Subtotal printed before income tax paid; 'Net cash from operating activities' follows after tax.

Per share and shares

Per share and shares. Columns: FY2025 — published summary of audited statements (final status not established), as reported for the year; FY2024 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2025.
Line (as printed) FY2025Published summary of audited statements (summary)reported for the yearFY2024Published summary of audited statements (summary)comparative in FY2025 filingsource limitations
Earnings / (loss) per share (per share)21 416.67 217.79
Profit / (loss) attributable to shareholders (MWK millions)3 194,556 102,283
Shares in issue at year end (shares)4 467 million 467 million
Notes and alternative reported figures (4)
  1. “Earnings per share (Kwacha)”: mapping to a shared definition is uncertain. One earnings per share figure is printed, not labelled basic or diluted.
  2. Earnings / (loss) per share: printed as “Earnings per share (Kwacha)”.
  3. Profit / (loss) attributable to shareholders: printed as “Owners of the Parent”.
  4. Shares in issue at year end: printed as “Number of ordinary shares in issue (millions)”.

Segments

Segment data not yet collected for this company in the pilot.

Dividends

Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.

Dividend events, the issuer's wording, and amounts as printed
Year endedEventWording as printedAmountUnitSource
31 Dec 2025 Dividends paid per share during the period (whatever period they relate to) Dividend per share (Kwacha)Printed below the 'Dividends paid' block (interim plus prior-year final); not labelled paid or declared. 134.15 MWK per share Summary statements, p1
31 Dec 2024 Dividends paid per share during the period (whatever period they relate to) Dividend per share (Kwacha)Printed below the 'Dividends paid' block (interim plus prior-year final); not labelled paid or declared. 107.06 MWK per share Summary statements, p1

Sources

Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.

  • National Bank of Malawi plc Summary of Audited Results for the year ended 31 December 2025

    Year ended 31 December 2025 · Published summary of audited statements (summary) · final status not established

    Audit: EY, Chartered Accountants (Malawi), unmodified opinion

    Auditor's sign-off: Chiwemi Chihana, Registered Practicing Accountant, for Chartered Accountants (Malawi) (EY logo); name typeset

    Final status: An ISA 810 (Revised) report of the independent auditor on the summary is printed (PDF p1, page image) under the EY logo, with 'Chartered Accountants (Malawi)', 'Chiwemi Chihana', 'Registered Practicing Accountant' and the date 27 March 2026 typeset; no handwritten signature is shown (name_printed_unsigned). The summary is signed by order of the board by the Chairman (Dr. Grant P. Kabango), a Director (Madalo C. Mwenelupembe), the CEO (Harold N. Jiya) and the CFO (Daniel C.W. Jere), dated 20 March 2026 (page image). Published by the Malawi Stock Exchange.

    Document date
    27 Mar 2026
    Published
    30 Mar 2026
    Auditor's report
    27 Mar 2026
    Board approval
    20 Mar 2026
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY2025, FY2024
    Basis
    consolidated statements · MWK millions (printed “K'm”)
    • The 'BASIS OF PREPARATION' heading is printed with no text under it (the sector impairment table follows), so the summary does not itself state its source; the auditor's report says the summary is derived from the audited consolidated and separate financial statements. One EPS figure is printed (not labelled basic or diluted). Group profit attribution printed: owners 194,556 + NCI 3,413 = 197,969 against profit after tax 197,970 (rounding), kept as printed.
    • Number of ordinary shares in issue is printed in millions (467); stored with scale 1,000,000.
    • Report of the independent auditor on the summary consolidated and separate financial statements (ISA 810 (Revised)): 'In our opinion, the accompanying summary consolidated and separate financial statements are consistent, in all material respects, with the audited consolidated and separate financial statements, in accordance with IFRS Accounting Standards ...' It states: 'We expressed an unmodified audit opinion on the audited consolidated and separate financial statements in our report dated 27 March 2026.' EY logo, 'Chartered Accountants (Malawi)', Chiwemi Chihana, Registered Practicing Accountant, 27 March 2026, typeset without a handwritten signature (p1).
    • Summary consolidated and separate statements of profit or loss and other comprehensive income, financial position (no total liabilities or total equity line), changes in equity (not transcribed) and cash flows (operating section in detail; investing and financing totals only), with regulatory disclosures; Group and Company columns; no notes (p1).
    Technical details
    File
    1 pages, with a text layer
    SHA-256
    c924eca6b9b75bef7f841db6d5322f41cb4c110a375c8c2c2bde39aca2882b99
    Entity as printed
    National Bank of Malawi plc
    Exchange copy
    retrieved 2026-10-08T18:05:01Z

Data notes

No figure-level notes beyond those in the tables.

Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (17 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.

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Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.

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