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National Bank of Kenya Ltd (NSE: NBK)

Nigel Firth
Nigel Frith trader
Updated 5 May 2022

What is National Bank of Kenya Ltd

National Bank of Kenya Ltd is a bank in Kenya engaged in providing banking, financial and related services. National Bank of Kenya Ltd offers all kinds of financial services to the general public and business community through its network of branches and correspondent banks in Kenya.

The history of National Bank of Kenya Ltd can goes back to 1968 when it was established, and it was listed on 1 January 1994.

National Bank of Kenya Ltd operates through wholly owned Natbank Trustee and Investment Services Limited, Kenya National Capital Corporation Limited and NBK Insurance Agency Limited.

National Bank of Kenya Ltd.’s portfolio comprises corporate and institutional banking, retail banking and self-service banking. National Bank of Kenya Ltd operates wholly within Kenya and has branches in Nairobi, Awendo, Bungoma and Busia, and more.

National Bank of Kenya Ltd also offers mortgage products to salaried and business customers under the National Homes brand, as well as account relationship management and bancassurance products.

National Bank of Kenya Ltd also has a diversified portfolio in more sectors of the value chain which include Financing, Trade Services, Mortgages, Account Services, Custody Services, Islamic Banking and Cards Services, among others.

National Bank of Kenya Ltd has its head office in Nairobi and operates in the major towns and cities of Kenya through its network of branches and ATMs. Today, National Bank of Kenya Ltd has network of more than 70 branches outlets across the country and over 140 automated teller machines.

National Bank of Kenya Ltd’s personal banking services comprise accounts, borrowing, cards and investing, business banking, microfinance, working capital finance, trade finance, investments and treasury services, corporate banking accounts, financing solutions, transactional solutions, custodial services and account relationship management.

National Bank of Kenya Ltd.’s equity stocks are for sale online on the Nairobi Securities Exchange (NSE) under the stock symbol NBK.

Paul Rushdie Russo is the current Managing Director of National Bank of Kenya Ltd and the company operates as part of the Banking Industry and Financial Sector.

Shares of National Bank of Kenya Limited (NBK) were suspended from trading on the Nairobi Securities Exchange since close of trading on Tuesday 15 October 2019.

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National Bank of Kenya Ltd

National Bank of Kenya Ltd Stock Performance

The current price for National Bank of Kenya Ltd stocks is 4.12 KES. The company has a total market capitalization of 1,268,960,000 KES, with a P/E ratio of 206.00 and earnings per share of 0.02 KES. A total of 339 million shares are outstanding.

An analysis of financial data of National Bank of Kenya Ltd showed that NBK ended its last trading day, Friday 30 August 2019 at 4.12 KES per share on the Nairobi Securities Exchange (NSE), recording a 4.6% gain over its previous closing price of 3.94 KES.

Financial results showed that National Bank of Kenya Ltd experienced a 52 week high of 6.50 KES and a 52 week low of 3.57 KES, indicating a 52 week change of -28.35%. Its Year to date decline was 22.56%.

With a possible increase of earnings per share and further profits, investors who want to buy or sell National Bank of Kenya Ltd stocks can hope for more profitable dividends and earnings in times to come.

According to an analysis on the live chart of National Bank of Kenya Ltd, analysts forecast further improvement in performance for the financial sector with market share growing as trading volumes may increase.

Highlights of National Bank of Kenya Ltd in 2021

National Bank of Kenya Ltd opened the year with a share price of 5.32 KES but has lost 22.6 % in value on its price valuation, ranking 47th on the NSE with year-to-date performance.

National Bank of Kenya Ltd currently is the 39th most-traded stock on NSE and has experienced a total trading volume of more than 438,400 million shares, which were finalized in 277 deals, valued at a total of 1.66 million KES over a period of three months. A volume high of 114,000 was achieved on 30 July during that period.

How to buy National Bank of Kenya Ltd stocks – Step by Step

The stock market is still one of the most popular financial markets that attracts millions of retail investors and participating traders daily. To buy, sell or trade National Bank of Kenya Ltd stocks, traders and investors should follow a few easy steps:

  • Select a forex broker that offers access to the Nairobi Securities Exchange (NSE).
  • Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading
  • Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading
  • Find the symbol of the share that you want to buy, in this case, ” NBK”.
  • You can start by making your first share purchase through the broker.
  • You can now continue to buy more shares to build and diversify your portfolio.

FAQs

The Nairobi Securities Exchange the Stock Exchange in Kenya that was established in 1954 in Nairobi. At the time it was a voluntary association of stockbrokers in the European community and was registered under the Societies Act in British Kenya.

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Nigel Firth
Nigel Frith trader
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.