OverviewSuggest Edit

Nationwide Building Society is a provider of retail financial services. It specializes in current accounts, credit cards, ISAs, loans, mortgages, and insurance. The company allows its customers to manage their finances in a branch, via the mobile app, on the telephone, internet, and post.
TypePublic
Founded1846
HQSwindon, GB
Websitenationwide.co.uk
Employee Ratings3.9

Latest Updates

Employees (est.) (Jun 2021)14,066
Job Openings174
Revenue (FY, 2021)£4.5 B(-20%)
Share Price (Oct 2021)£190
Cybersecurity ratingBMore
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Key People/Management at Nationwide Building Society

Joe Garner

Joe Garner

Chief Executive Officer and Director
Chris Rhodes

Chris Rhodes

Chief Financial Officer and Executive Director
Sara Bennison

Sara Bennison

Chief Product & Marketing Officer
Mark Chapman

Mark Chapman

General Counsel
Jane Hanson

Jane Hanson

Chief People Officer
Patrick Eltridge

Patrick Eltridge

Chief Operating Officer
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Nationwide Building Society Office Locations

Nationwide Building Society has offices in Swindon, Bournemouth and Moulton Park
Swindon, GB (HQ)
Nationwide House, Pipers Way
Bournemouth, GB
Richmond Hill
Moulton Park, GB
Kings Park Rd
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Nationwide Building Society Financials and Metrics

Nationwide Building Society Revenue

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Nationwide Building Society's revenue was reported to be £4.49 b in FY, 2021 which is a 20.3% decrease from the previous period.
GBP

Revenue (FY, 2021)

4.5b

Revenue growth (FY, 2020 - FY, 2021), %

(20.3%)

Gross profit (FY, 2021)

3.3b

Gross profit margin (FY, 2021), %

73.9%

Net income (FY, 2021)

618.0m

Market capitalization (19-Oct-2021)

2.0b

Closing stock price (19-Oct-2021)

190.0

Cash (4-Apr-2021)

16.7b

EV

20.8b
Nationwide Building Society's current market capitalization is £2 b.
Annual
GBPFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

5.2b5.6b5.6b4.5b

Revenue growth, %

8%0%(20%)

Cost of goods sold

2.1b1.9b2.6b1.2b

Gross profit

3.1b3.7b3.0b3.3b
Half Year
GBPH1, 2019H1, 2020H1, 2021

Revenue

2.8b2.8b2.2b

Cost of goods sold

1.1b1.3b615.0m

Gross profit

1.6b1.5b1.6b

Gross profit Margin, %

59%55%72%
Annual
GBPFY, 2018FY, 2019FY, 2020FY, 2021

Cash

14.4b12.5b13.7b16.7b

Accounts Receivable

191.7b199.1b201.0b201.5b

PP&E

887.0m889.0m1.2b1.0b

Total Assets

229.1b238.3b248.0b254.9b
Half Year
GBPH1, 2019H1, 2020H1, 2021

Cash

18.4b16.7b21.0b

Accounts Receivable

195.0b201.8b202.0b

PP&E

883.0m1.1b1.1b

Total Assets

238.3b350.0b259.7b
Annual
GBPFY, 2018FY, 2019FY, 2020FY, 2021

Depreciation and Amortization

397.0m549.0m684.0m710.0m

Cash From Operating Activities

9.1b(415.0m)3.4b11.1b

Purchases of PP&E

(159.0m)(156.0m)(264.0m)(96.0m)

Cash From Investing Activities

(4.1b)(3.2b)(3.7b)(7.5b)
Half Year
GBPH1, 2019H1, 2020H1, 2021

Depreciation and Amortization

313.0m254.0m299.0m

Cash From Operating Activities

4.4b2.9b11.5b

Purchases of PP&E

(87.0m)(108.0m)(68.0m)

Cash From Investing Activities

(1.3b)(31.0m)(4.1b)
GBPFY, 2018

Revenue/Employee

383.3k

Debt/Equity

3.2 x

Debt/Assets

0.2 x

Financial Leverage

18.5 x
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Nationwide Building Society Operating Metrics

Nationwide Building Society's Users was reported to be 16.3 m in FY, 2021.
FY, 2018H1, 2019FY, 2019H1, 2020FY, 2020H1, 2021FY, 2021

Active Mobile Customers

3.7 m

Loans to Customers (Consumer Finance)

£4.11 b£4.32 b£4.59 b£4.89 b£4.99 b£4.76 b£4.4 b

New Users

399 k794 k389 k759 k256 k

Users

15.5 m15.9 m16.3 m16.3 m
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Nationwide Building Society Acquisitions / Subsidiaries

Company NameDateDeal Size
Dunfermline Building SocietyDecember 31, 2009
at.home nationwide Limited
Confederation Mortgage Services Limited
Derbyshire Home Loans Limited
Dunfermline BS Nominees Limited
E-Mex Home Funding Limited
Ethos Independent Financial Services Limited
Exeter Trust Limited
First Nationwide
Jubilee Mortgages Limited
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Nationwide Building Society Revenue Breakdown

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Nationwide Building Society revenue breakdown by business segment: 8.4% from Fee and commission income and 91.6% from Interest income

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Nationwide Building Society Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

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Nationwide Building Society Online and Social Media Presence

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Nationwide Building Society News and Updates

Nationwide Building Society to open 'innovative' digital hubs following half-year results

Nationwide Building Society has revealed its half-year results to September 30 2019. The group’s statutory profit-before-tax of £309m is said to have been adjusted to derive an underlying profit-before-tax of £307m.

London-based utility switching startup Switchd raises funding from the Nationwide Building Society

Today, the Nationwide Building Society announced that it’s investing in Switchd, a startup that automatically ‘switches’ people’s energy supplier to help them get the best deal. Founded in 2017, the startup previously raised €570k in February 2019.

Nationwide Building Society Frequently Asked Questions

  • When was Nationwide Building Society founded?

    Nationwide Building Society was founded in 1846.

  • Who are Nationwide Building Society key executives?

    Nationwide Building Society's key executives are Joe Garner, Chris Rhodes and Sara Bennison.

  • How many employees does Nationwide Building Society have?

    Nationwide Building Society has 14,066 employees.

  • What is Nationwide Building Society revenue?

    Latest Nationwide Building Society annual revenue is £4.5 b.

  • What is Nationwide Building Society revenue per employee?

    Latest Nationwide Building Society revenue per employee is £319.5 k.

  • Who are Nationwide Building Society competitors?

    Competitors of Nationwide Building Society include Metro Bank, HSBC and NatWest Group.

  • Where is Nationwide Building Society headquarters?

    Nationwide Building Society headquarters is located at Nationwide House, Pipers Way, Swindon.

  • Where are Nationwide Building Society offices?

    Nationwide Building Society has offices in Swindon, Bournemouth and Moulton Park.

  • How many offices does Nationwide Building Society have?

    Nationwide Building Society has 3 offices.