National Bank Of Malawi (MSW:NBM) Shares Outstanding (Basic Average): 467 Mil (As of Dec. 2025)


MSW:NBM National Bank Of Malawi PLC MSW:NBM
100 GF Score
Price MWK9,999.99
GF Value MWK7,671.84
Valuation Modestly Overvalued
! 1 Warning Sign
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What is National Bank Of Malawi Shares Outstanding (Basic Average)?

National Bank Of Malawi MSW:NBM -0.99% 100 Shares Outstanding (Basic Average) is 467 Mil as of Dec. 2025. GuruFocus rates MSW:NBM with a GF Score™ of 100/100 and a GF Value™ of MWK7,671.84 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. National Bank Of Malawi's average basic shares outstanding for the quarter that ended in Dec. 2025 was 467 Mil.

National Bank Of Malawi  (MSW:NBM) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

National Bank Of Malawi Shares Outstanding (Basic Average) Related Terms

National Bank Of Malawi Shares Outstanding (Basic Average) Historical Data

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The historical data trend for National Bank Of Malawi's Shares Outstanding (Basic Average) 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 Malawi Shares Outstanding (Basic Average) Chart

National Bank Of Malawi Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 467.00 467.00 467.00 467.00 467.00

National Bank Of Malawi Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Shares Outstanding (Basic Average) 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 466.97 466.99 467.02 467.01 467.00
MSW:NBM
100GF Score
National Bank Of Malawi PLC MSW:NBM
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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National Bank Of Malawi Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 467 Mil mean?
National Bank Of Malawi (MSW:NBM) has a Shares Outstanding (Basic Average) of 467 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on National Bank Of Malawi and its competitors.
Is National Bank Of Malawi's Shares Outstanding (Basic Average) too high?
National Bank Of Malawi's current Shares Outstanding (Basic Average) is 467 Mil. 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 Shares Outstanding (Basic Average) compare to PNC and USB?
National Bank Of Malawi's Shares Outstanding (Basic Average) of 467 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 Shares Outstanding (Basic Average) for a Banks company?
A good Shares Outstanding (Basic Average) depends on the Banks industry context. However, Shares Outstanding (Basic Average) 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 Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on National Bank Of Malawi and its competitors. National Bank Of Malawi's current Shares Outstanding (Basic Average) is 467 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 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 MWK7,671.84, compared to a current price of MWK9,999.99 — trading 30.3% above its estimated fair value. The current Shares Outstanding (Basic Average) is 467 Mil. 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 Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For National Bank Of Malawi (MSW:NBM), the current Shares Outstanding (Basic Average) is 467 Mil 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 MWK9,999.99 is trading 30.3% above its estimated GF Value™ of MWK7,671.84. GuruFocus considers National Bank Of Malawi to be Modestly Overvalued.

Key valuation signals for MSW:NBM:

  • Shares Outstanding (Basic Average): 467 Mil
  • GF Value™: MWK7,671.84 vs. price of MWK9,999.99 (30.3% above fair value)
  • GF Score™: 100/100 with 1 warning sign

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 Business Description

Address 7 Henderson Street, NBM Tower, P.O Box 945, Blantyre, MWI
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.
100GF Score

Get the complete analysis for MSW:NBM

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MWK9,999.99
Price
MWK7,671.84
GF Value