Nationwide Building Society
11 March 2025 - EMBARGOED TO 07.00
Announcement
Nationwide has announced a one-off, discretionary payment of £50 to over 12 million Nationwide members, referred to as "The Big Nationwide Thank You". The distribution will be reflected in the Group financial statements for the period ending 31 March 2025 and amounts to over £600m of value returned, equivalent to a c. 55bps reduction from the Group CET1 ratio of 19.5%1 and c. 13bps reduction from the Group leverage ratio of 5.2%1.
Full terms and conditions, including eligibility criteria are available at nationwide.co.uk/big-nationwide-thank-you.
1 as at 31 December 2024.
ENDS
Media Queries:
Sara Batchelor, 07785 344137, sara.batchelor@nationwide.co.uk
Eden Black, 07793 596317, eden.black@nationwide.co.uk
Investor Queries:
Vikas Sidhu, 07738 273287, Vikas.Sidhu@nationwide.co.uk
About Nationwide Building Society
Nationwide is the world's largest building society as well as one of the largest savings and mortgages providers in the UK. It is also a major provider of current accounts, credit cards, ISAs and personal loans. Nationwide has around 16 million customers and members.
Customers can manage their finances in a branch, via the mobile app, on the telephone, internet and post. The Society has around 18,000 employees. Nationwide's head office is in Swindon with administration centres based in Northampton, Bournemouth and Dunfermline. The Society also has a number of call centres across the UK.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
