The Nationwide difference
Whether it’s through the products and services we provide, the charities and causes we support or the communities we serve, we are always striving to do the best for our customers.
We're the world's largest building society
Over 130 years ago we opened our doors as a building society. Being a building society means that we're free to reinvest more of our profits to improve the products and services we offer.
We’ve recently been commended at the Business Moneyfacts Awards 2019 and we're a finalist for the 2020 awards.
We're committed to being an ethical business
Every decision we make as a business is underpinned by our core values of decency, fairness and dependability. Doing the right thing for our customers is at the heart of what we do.
We’re run prudently and we lend responsibly
Our strong credit rating grades give you the peace of mind that when you save with us, your money is safe and secure.
We support your local communities
We’ve invested and unlocked more than £21 million into community and charity support over the past five years. Read about social investment at Nationwide.
We're dedicated to supporting charities
We are committed to giving at least 1% of each year’s pre-tax profits to charity, community and environmental activities.
Key measures of our financial strength
Our increasing profit is important as it allows us to grow and invest in the society for our customers and members. Our Common Equity Tier 1 ratio (CET1) and our leverage ratio are key measures of our financial strength.
Underlying profit
| 2016 | 2017 | 2018 | 2019 |
| £1,337 million | £1,030 million | £1,022 million | £788 million |
Statutory profit
| 2016 | 2017 | 2018 | 2019 |
| £1,279 million | £1,054 million | £977 million | £833 million |
Common Equity Tier 1 ratio
| 2016 | 2017 | 2018 | 2019 |
| 23.2% | 25.4% | 30.5% | 32.4% |
Leverage ratio
| 2016 | 2017 | 2018 | 2019 |
| 4.2% | 4.4% | 4.9% | 4.9% |
Source: Nationwide Annual Reporting Accounts 2018/19
How we compare
Credit Agency ratings provide an independent view on an organisation's ability to meet its obligations. Our Senior Preferred credit ratings tell you that we're regarded as one of the UK's strongest high street financial institutions.
| Credit rating | Moody's | S&P | Fitch |
|---|---|---|---|
| Nationwide | Aa3 | A | A+ |
| Lloyds | Aa3 | A+ | A+ |
| Santander | Aa3 | A | A+ |
| HSBC | Aa3 | AA- | AA- |
| Barclays | A2 | A | A+ |
| RBS | Baa2 | BBB+ | A |
Source: Moody's, Standard & Poor, Fitch Ratings.