NBS Bank (MSW:NBS) Total Assets : MWK527,595 Mil (As of Jun. 2023)

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What is NBS Bank Total Assets?

NBS Bank's Total Assets for the quarter that ended in Jun. 2023 was MWK527,595 Mil.

Warning Sign:

If a company builds assets at 44.3% a year, faster than its revenue growth rate of 33% over the past 5 years, it means that the company may be getting less efficient.

During the past 3 years, the average Total Assets Growth Rate was 39.90% per year. During the past 5 years, the average Total Assets Growth Rate was 44.30% per year.

During the past 8 years, NBS Bank's highest 3-Year average Total Assets Growth Rate was 62.50%. The lowest was 5.80%. And the median was 36.50%.

Total Assets is connected with ROA %. NBS Bank's annualized ROA % for the quarter that ended in Jun. 2023 was 4.91%. Total Assets is also linked to Revenue through Asset Turnover. NBS Bank's Asset Turnover for the quarter that ended in Jun. 2023 was 0.09.

NBS Bank Total Assets Historical Data

The historical data trend for NBS Bank's Total Assets 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.

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NBS Bank Total Assets Chart

NBS Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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121,549.61

159,270.18

218,331.81

363,331.93

462,212.74

NBS Bank Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Assets	Get a 7-Day Free Trial										284,796.18	363,331.93	-	462,212.74	527,595.00

NBS Bank Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

NBS Bank's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	37122.04	+	425090.7
	=	462,213

NBS Bank's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	44780	+	482815
	=	527,595

NBS Bank (MSW:NBS) Total Assets Explanation

Total Assets is connected with ROA %.

NBS Bank's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	24314	/	( (462212.74	+	527595)	/ 2 )
	=	24314	/	494903.87
	=	4.91 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

NBS Bank's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	42679	/	( (462212.74	+	527595)	/ 2 )
=	42679	/	494903.87
=	0.09

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

NBS Bank Total Assets Related Terms

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NBS Bank (MSW:NBS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NBS Bank PLC (MSW:NBS) » Definitions » Total Assets

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Address

Corner Chipembere Highway & Johnstone Roads, NBS House, PO Box 32251, Chichiri, Ginnery Corner, Blantyre, MWI

Website

https://www.nbs.mw

NBS Bank PLC is primarily involved in commercial banking, covering corporate and retail banking and treasury management. Services offered by the bank include current account, saving account, investment, loans, international trades, and internet banking. The company segments are divided into geographical areas including Northern region, Central region and the Southern region. Its branches are spread across Malawi.

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