The historical rank and industry rank for National Bank Of Malawi's ROE % or its related term are showing as below:
MSW:NBM'
s ROE % Range Over the Past 10 Years
Min: 18.09 Med: 26.88 Max: 57.85
Current: 57.85
During the past 11 years, National Bank Of Malawi's highest ROE % was 57.85%. The lowest was 18.09%. And the median was 26.88%.
MSW:NBM's ROE % is ranked better than 99.41% of 1527
companies
in the Banks industry
Industry Median: 10.23
vs MSW:NBM: 57.85
National Bank Of Malawi (MSW:NBM) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
* 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.
For the Banks - Regional subindustry, National Bank Of Malawi's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
National Bank Of Malawi ROE % vs Banks Industry
For the Banks industry and Financial Services sector, National Bank Of Malawi's ROE % distribution charts can be found below:
* The bar in red indicates where National Bank Of Malawi's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
National Bank Of Malawi (MSW:NBM) has a ROE % of 60.60% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on National Bank Of Malawi and its competitors. This is 125% above median its historical median of 26.88. Over the past decade, National Bank Of Malawi's ROE % has ranged from 18.09 to 57.85. According to the industry distribution chart, National Bank Of Malawi ranks #9 out of 1527 companies in the Banks industry, placing it in the top 0.59999999999999%.
Is National Bank Of Malawi's ROE % too high?
National Bank Of Malawi's current ROE % of 60.60% is 125% above median its 10-year median of 26.88. Over the past 10 years, this metric has ranged from a low of 18.09 to a high of 57.85. The Banks industry median ROE % is 10.23. National Bank Of Malawi's value of 60.60% is 492.4% above this industry median. Based on the distribution chart, National Bank Of Malawi ranks #9 out of 1527 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, National Bank Of Malawi has a GF Score™ of 100/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Bank Of Malawi's ROE % compare to PNC and USB?
According to the Banks industry distribution chart, National Bank Of Malawi ranks #9 out of 1527 companies for ROE %. This places National Bank Of Malawi in the top 1% of its industry — outperforming the majority of peers. The industry median ROE % is 10.23. National Bank Of Malawi's value of 60.60% is 492.4% above this benchmark. Historically, National Bank Of Malawi's own ROE % has ranged from 18.09 to 57.85 over the past decade. While the company's 10-year median is 26.88 vs. the industry median of 10.23, National Bank Of Malawi has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Banks company?
The median ROE % among Banks companies is 10.23, based on 1,527 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Bank Of Malawi's current ROE % of 60.60% is 492.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on National Bank Of Malawi and its competitors. For the Banks industry, the median ROE % is 10.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Bank Of Malawi's current ROE % is 60.60%, which is 125% above median its own 10-year median of 26.88. 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 Malawi stock overvalued right now?
Based on GuruFocus' analysis, National Bank Of Malawi (MSW:NBM) is currently considered Modestly Overvalued. The stock's GF Value™ is MWK7,675.67, compared to a current price of MWK9,998.89 — trading 30.3% above its estimated fair value. The current ROE % is 60.60%, which is 125% above median its 10-year median of 26.88 and 492.4% above the Banks industry median of 10.23. National Bank Of Malawi's overall GF Score™ is 100/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For National Bank Of Malawi (MSW:NBM), the current ROE % is 60.60% as of Dec. 2025. 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 Malawi (MSW:NBM) Overvalued in 2026?
Based on GuruFocus' analysis, National Bank Of Malawi stock appears to be overvalued.
The current stock price of MWK9,998.89 is trading 30.3% above its estimated GF Value™ of MWK7,675.67.
GuruFocus considers National Bank Of Malawi to be Modestly Overvalued.
Key valuation signals for MSW:NBM:
ROE %: 60.60% (125% above median its 10-year median of 26.88)
GF Value™: MWK7,675.67 vs. price of MWK9,998.89 (30.3% above fair value)
Industry Position: 492.4% above the Banks median (#9 of 1527)
No single metric tells the full story. See the MSW:NBM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Bank Of Malawi PLC provides personal, corporate, and investment banking as well as stockbroking, insurance, and pension administration services in Malawi. Its business operations are divided into three segments including Retail and corporate banking that incorporates savings, deposits, investment savings products, consumer loans, current accounts, overdrafts, loans, and other credit facilities, trade finance, and corporate leasing; Treasury segment offers financial instruments trading, dealings in foreign currency, stock broking and derivative products; and Other operations comprising fund management, custodial services and providing training services. Revenue from Retail and corporate banking is one of the majority sources of income for the Bank.
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