NATIONAL BANK OF MALAWI (NBM)
Malawi Stock Exchange · Malawi · prices in MWK · close of 22 Oct 2026
Key indicators
| Last close | MWK 8,963.99 |
|---|---|
| 52-week range | 8,963.97 – 12,400.00 |
| Return, 1 month / 3 months | −1.8% / −6.6% |
| Return, 1 year / 3 years | −27.7% / +326.6% |
| Trend | Below its 200-day average |
| RSI (14) | 13 |
| Volatility (1 year) | 7.4% |
| Worst drawdown (1 year) | -27.7% |
| Average daily value traded | 92.44M MWK |
| Dividend yield | – |
Market X-Ray price-based
Five-year price chart navy: price · brown: 200-day average
About the company
National Bank of Malawi is a commercial bank based in Blantyre, Malawi. It serves individuals, small businesses, companies and public institutions through a network of branches and agencies across the country. Its services include current and savings accounts, personal and business loans, mortgages, overdrafts, trade finance, foreign exchange, and card and electronic banking. The bank also offers treasury and investment services to corporate and institutional customers, and it acts as a provider of payment and cash management facilities for organisations operating in Malawi.
NATIONAL BANK OF MALAWI trades under the code NBM on the Malawi Stock Exchange in Malawi, with its price quoted in Malawian kwacha (MWK). Our records, which start in 2019, show no dividend payments for it. The Market X-Ray on this page is price-based and compares it with other stocks on the same exchange; it does not measure how healthy the business is.
Summary
NATIONAL BANK OF MALAWI (NBM) trades on the Malawi Stock Exchange in Malawi. It last closed at MWK 8,963.99 on 22 October 2026.
Its price-based Market X-Ray is 57 out of 100 (a fair price profile), ranking 6 of 16 stocks on this exchange. The score describes how the stock has traded: trend, momentum, risk, liquidity and dividends, each ranked against the other stocks on its own exchange. It does not measure how healthy or cheap the business is.
Over the last year the price fell 27.7% and over the last three months it fell 6.6%. Returns are price returns, dividends not included.
Fundamental measures (valuation, growth, financial health) are not shown: we do not yet hold financial statements for this market.
The five lenses in numbers each metric is ranked against the other stocks on Malawi Stock Exchange
| Lens and metric | Value | Score | Reading |
|---|---|---|---|
| Trend | 44 · Weak | Below its long-term averages and far from its highs. | |
| Above 200-day average | -14.2% | ||
| From 52-week high | -27.7% | ||
| Momentum | 42 · Weak | Lagging most stocks on this exchange. | |
| 3-month return | -6.6% | ||
| 6-month return | -18.5% | ||
| 12-month return, skipping the last month | -26.4% | ||
| Stability (higher is calmer) | 66 · Fair | Typical risk for this exchange. | |
| Volatility, 1 year (lower is calmer) | 7.4% | ||
| Worst drawdown, 1 year (smaller is calmer) | -27.7% | ||
| Liquidity | 88 · Strong | Trades actively. | |
| Average daily value traded | 92.44M MWK | ||
| Zero-volume days | 0.0% | ||
| Income | – | Pays no dividend. | |
| Dividend yield | – | ||
| Years with dividends | 0 |
Strengths
- Liquidity: Trades actively.
Weak spots
- Trend: Below its long-term averages and far from its highs.
- Momentum: Lagging most stocks on this exchange.
Returns
| 1 week | −1.1% |
|---|---|
| 1 month | −1.8% |
| 3 months | −6.6% |
| 6 months | −18.5% |
| 1 year | −27.7% |
| 3 years | +326.6% |
| 5 years | +1,178.7% |
Signals
| 50-day / 200-day average | 9,220.45 / 10,450.47 |
|---|---|
| Golden / death cross (60 days) | None |
| New 52-week high | No |
| Bullish RSI divergence | No |
| Average daily range (ATR) | 23.04 |
Technical summary
How to read this report
Every number comes from end-of-day prices and dividends. The Market X-Ray describes how the stock has traded, ranked against the other stocks on Malawi Stock Exchange; it does not measure how healthy or cheap the business is. The fundamental X-Ray (financial health, valuation, growth) needs financial statements, which we hold today for US stocks. See the methodology page. Educational only, not financial advice.