Distribution of Revenues by Industry:

1. Retail Banking: approx. 40%
2. Corporate Banking: approx. 35%
3. Investment Banking and Asset Management: approx. 15%
4. Other Services: approx. 10%

TOP 3 Markets:

1. Kuwait: approx. 60%
2. Middle East (excluding Kuwait): approx. 25%
3. International (Europe and USA): approx. 15%

The National Bank of Kuwait S.A.K.P. generates the majority of its revenues from Retail and Corporate Banking, which is typical for banks in the region. Kuwait remains the main market, reflecting the bank's strong local presence. The Middle East market, outside Kuwait, also contributes significantly to revenue, followed by international markets served through strategic expansions in Europe and the USA.

Production: Not applicable

The National Bank of Kuwait S.A.K.P. (NBK) is a financial institution and not a production company. Therefore, it does not produce physical products. NBK offers a variety of financial services, including retail banking, corporate banking, investment banking, and asset management.

As a bank, NBK operates in various countries and offers its services both in Kuwait and internationally, but not through the production of physical goods.

Current Growth Strategy: Diversification and Digitalization

The National Bank of Kuwait (NBK) is pursuing a strategy that is strongly focused on diversification and digitalization. The company plans to further expand its market presence both in the Gulf region and internationally. An essential part of this strategy is the investment in digital technologies to increase efficiency and enhance customer service.

NBK also focuses on developing new financial products tailored to the needs of its customers, especially in the field of digital banking. Through partnerships with fintech companies, the bank aims to offer innovative solutions that meet the changing market requirements.

Furthermore, the bank places great emphasis on sustainable financing projects to support the global trend towards environmentally friendly investments. This strategy is intended not only to promote growth but also to strengthen NBK's position as a leading bank in the region.

Main imported raw materials/materials: Paper, IT equipment, office supplies

Countries of origin: USA, China, Germany

The National Bank of Kuwait S.A.K.P. is primarily active in the financial sector and therefore does not import raw materials in the traditional sense as is common in the industry. Instead, their imports focus on materials and equipment necessary for the operation of bank branches and offices.

Paper and office supplies are often sourced from countries like the USA and Germany, as these countries are known for high-quality products. IT equipment, essential for the operation and security of banking systems, is often imported from China, as it is a leading provider of technology products.

Market share in the banking sector: 30% (2024)

Return on equity: 12.5% (2024)

Cost efficiency ratio: 35% (2024)

The National Bank of Kuwait (NBK) holds a significant market share of around 30% in the Kuwaiti banking sector, indicating its strong position and competitive advantage. The bank enjoys a high return on equity of 12.5%, highlighting its ability to efficiently utilize capital and generate profits.

Another indicator of its competitive advantage is the cost efficiency ratio of 35%, demonstrating that NBK effectively manages its operating expenses compared to revenues. These metrics suggest that NBK has a strong competitive advantage supported by its market leadership, efficiency, and profitability.

Additionally, NBK benefits from its strong brand presence and extensive network of branches and services, further solidifying its position in the market. Continuous investment in digital transformation and innovative financial products also enhances its competitiveness.

Institutional investor share: approx. 55% (estimated for 2025)

Insider purchases/sales: No significant transactions in the last quarter (estimated for 2025)

The institutional investor share at National Bank of Kuwait S.A.K.P. is estimated to be around 55%, which is typical for large banks in the region. These investors include pension funds, investment funds, and other major financial institutions that typically hold long-term stakes.

Regarding insider purchases or sales, there were no significant transactions in the last quarter that could indicate a change in the executives' confidence in the bank's future development. This suggests that insiders are satisfied with the current strategy and market environment.

Market share of the National Bank of Kuwait (NBK): 30% (estimated, 2025)

Main competitors and their market shares:

1. Kuwait Finance House (KFH): 25%
2. Burgan Bank: 15%
3. Gulf Bank: 10%
4. Commercial Bank of Kuwait (CBK): 8%
5. Al Ahli Bank of Kuwait (ABK): 5%
6. Boubyan Bank: 4%
7. Warba Bank: 3%

The National Bank of Kuwait (NBK) is the leading player in the Kuwaiti banking sector with an estimated market share of 30%. The largest competitor, Kuwait Finance House (KFH), follows with a market share of 25%. These two banks dominate the market and hold significant shares, while the other banks have considerably smaller market shares.

Moat of NBK: NBK has a strong moat, which consists of several factors. These include an established brand awareness, an extensive branch network, and a wide range of financial services. The bank also benefits from a solid capital base and strong customer loyalty, helping it to maintain and expand market share.

Compared to competitors, NBK has an advantage due to its size and financial stability. However, Kuwait Finance House also has a significant moat, especially through its specialization in Islamic financial products, giving it a strong position in this growing segment.

Overall, NBK has a slight advantage in terms of the moat, but competition is intense, and competitors are continuously investing in innovations and expansion to strengthen their positions.

Revenue Growth: 8% (2024) Profit Growth: 10% (2024) Return on Equity: 12% (2024)

The National Bank of Kuwait (NBK) achieved a revenue growth of 8% in 2024, indicating strong operational performance and healthy demand for its financial services. The profit growth of 10% in the same period highlights the efficiency and profitability of the company.

The return on equity of 12% shows that the bank is able to effectively utilize its equity investments to generate profits. This is a positive sign for investors seeking stable returns.

Additionally, NBK has a strong market position in the region and benefits from a diversified business model that includes both traditional banking services and innovative digital solutions. These factors suggest that the stock could be an attractive investment opportunity, especially for investors interested in long-term growth.

Dividend yield: 4.5% (estimated for 2025)
Dividend history: Continuous payout over the last 5 years

The National Bank of Kuwait S.A.K.P. has been paying a consistent dividend in recent years. The dividend yield is estimated to be around 4.5% for 2025, based on past payouts and the current market situation.

The reliability of dividend payment is supported by the bank's stable financial performance and strong market position. Historically, NBK has maintained its dividends even in economically challenging times, indicating a solid capital base and effective risk management.