National Bank of KuwaitK (KUW:NBK) Selling, General, & Admin. Expense: KWD184 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KUW:NBK National Bank of Kuwait SAK KUW:NBK
44 GF Score
Price KWD0.86
GF Value KWD0.94
Valuation Fairly Valued
! 3 Warning Signs
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What is National Bank of KuwaitK Selling, General, & Admin. Expense?

National Bank of KuwaitK KUW:NBK -0.23% 44 Selling, General, & Admin. Expense is KWD184 Mil as of Jun. 2026. GuruFocus rates KUW:NBK with a GF Score™ of 44/100 and a GF Value™ of KWD0.94 (Fairly Valued). The stock has 3 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. National Bank of KuwaitK's selling, general, & admin. expense for the three months ended in Jun. 2026 was KWD44 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was KWD184 Mil.


National Bank of KuwaitK  (KUW:NBK) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


National Bank of KuwaitK Selling, General, & Admin. Expense Related Terms


National Bank of KuwaitK Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for National Bank of KuwaitK's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

National Bank of KuwaitK Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.61 125.43 147.34 166.83 179.25

National Bank of KuwaitK Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Selling, General, & Admin. Expense 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 42.21 43.52 52.38 44.75 43.75

National Bank of KuwaitK Selling, General, & Admin. Expense Competitor Comparison

For the Banks - Regional subindustry, National Bank of KuwaitK's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 KuwaitK Selling, General, & Admin. Expense vs Banks Industry

For the Banks industry and Financial Services sector, National Bank of KuwaitK's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where National Bank of KuwaitK's Selling, General, & Admin. Expense falls into.


KUW:NBK
44GF Score
National Bank of Kuwait SAK KUW:NBK
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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National Bank of KuwaitK Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD184 Mil.

* 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.

What does a Selling, General, & Admin. Expense of KWD184 Mil mean?
National Bank of KuwaitK (KUW:NBK) has a Selling, General, & Admin. Expense of KWD184 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on National Bank of KuwaitK and its competitors.
Is National Bank of KuwaitK's Selling, General, & Admin. Expense too high?
National Bank of KuwaitK's current Selling, General, & Admin. Expense is KWD184 Mil. Overall, National Bank of KuwaitK has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Bank of KuwaitK's Selling, General, & Admin. Expense compare to competitors?
National Bank of KuwaitK's Selling, General, & Admin. Expense of KWD184 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 Selling, General, & Admin. Expense for a Banks company?
A good Selling, General, & Admin. Expense depends on the Banks industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on National Bank of KuwaitK and its competitors. National Bank of KuwaitK's current Selling, General, & Admin. Expense is KWD184 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 Fairly Valued. The stock's GF Value™ is KWD0.94, compared to a current price of KWD0.86 — trading 8.4% below its estimated fair value. The current Selling, General, & Admin. Expense is KWD184 Mil. National Bank of KuwaitK's overall GF Score™ is 44/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For National Bank of KuwaitK (KUW:NBK), the current Selling, General, & Admin. Expense is KWD184 Mil as of Jun. 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 KWD0.86 is trading 8.4% below its estimated GF Value™ of KWD0.94. GuruFocus considers National Bank of KuwaitK to be Fairly Valued.

Key valuation signals for KUW:NBK:

  • Selling, General, & Admin. Expense: KWD184 Mil
  • GF Value™: KWD0.94 vs. price of KWD0.86 (8.4% below fair value)
  • GF Score™: 44/100 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.
44GF Score

Get the complete analysis for KUW:NBK

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

KWD0.86
Price
KWD0.94
GF Value