National Bank of KuwaitK (KUW:NBK) Goodwill: KWD0 Mil (As of Mar. 2026)

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KUW:NBK National Bank of Kuwait SAK KUW:NBK
46 GF Score
Price KWD0.81
GF Value KWD0.93
Valuation Modestly Undervalued
! 3 Warning Signs
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What is National Bank of KuwaitK Goodwill?

National Bank of KuwaitK KUW:NBK +0.25% 46 Goodwill is KWD0 Mil as of Mar. 2026. GuruFocus rates KUW:NBK with a GF Score™ of 46/100 and a GF Value™ of KWD0.93 (Modestly Undervalued). The stock has 3 warning signs investors should review.

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. National Bank of KuwaitK's goodwill for the quarter that ended in Mar. 2026 was KWD0 Mil.


National Bank of KuwaitK  (KUW:NBK) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

National Bank of KuwaitK's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (A: Dec. 2025 )=Goodwill/Total Assets
=339.161/45612.844
=0.01

National Bank of KuwaitK's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill-to-Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=0/46101.158
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


National Bank of KuwaitK Goodwill Related Terms


National Bank of KuwaitK Goodwill Historical Data

* Premium members only.

The historical data trend for National Bank of KuwaitK's Goodwill can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

National Bank of KuwaitK Goodwill Chart

National Bank of KuwaitK Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 406.73 362.05 337.18 341.14 339.16

National Bank of KuwaitK Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 339.16 0.00
KUW:NBK
46GF Score
National Bank of Kuwait SAK KUW:NBK
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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National Bank of KuwaitK Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of KWD0 Mil mean?
National Bank of KuwaitK (KUW:NBK) has a Goodwill of KWD0 Mil as of Mar. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on National Bank of KuwaitK and its competitors.
Is National Bank of KuwaitK's Goodwill too high?
National Bank of KuwaitK's current Goodwill is KWD0 Mil. Overall, National Bank of KuwaitK has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National Bank of KuwaitK's Goodwill compare to PNC?
National Bank of KuwaitK's Goodwill of KWD0 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill for a Banks company?
A good Goodwill depends on the Banks industry context. However, Goodwill should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on National Bank of KuwaitK and its competitors. National Bank of KuwaitK's current Goodwill is KWD0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Bank of KuwaitK stock overvalued right now?
Based on GuruFocus' analysis, National Bank of KuwaitK (KUW:NBK) is currently considered Modestly Undervalued. The stock's GF Value™ is KWD0.93, compared to a current price of KWD0.81 — trading 13.1% below its estimated fair value. The current Goodwill is KWD0 Mil. National Bank of KuwaitK's overall GF Score™ is 46/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For National Bank of KuwaitK (KUW:NBK), the current Goodwill is KWD0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is National Bank of KuwaitK (KUW:NBK) Overvalued in 2026?

Based on GuruFocus' analysis, National Bank of KuwaitK stock appears to be undervalued. The current stock price of KWD0.81 is trading 13.1% below its estimated GF Value™ of KWD0.93. GuruFocus considers National Bank of KuwaitK to be Modestly Undervalued.

Key valuation signals for KUW:NBK:

  • Goodwill: KWD0 Mil
  • GF Value™: KWD0.93 vs. price of KWD0.81 (13.1% below fair value)
  • GF Score™: 46/100 with 3 warning signs

No single metric tells the full story. See the KUW:NBK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Bank of KuwaitK Business Description

Address Al Shuhada Street, P.O. Box 95, Safat, Kuwait, KWT, 13001
National Bank of Kuwait SAK is a financial institution. The company's operating segment includes Consumer Banking, Corporate Banking, NBK Wealth, Islamic Banking, Group Centre, and International Banking. The company generates maximum revenue from the International Banking segment. The International Banking segment provides diversified products and services including lending, deposits, trade finance, etc. to corporate and individual customers. Geographically, it derives a majority of its revenue from Kuwait and also has a presence in the Middle East and North Africa; Europe and UK, and Other Countries.
46GF Score

Get the complete analysis for KUW:NBK

Goodwill is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

KWD0.81
Price
KWD0.93
GF Value