Announcement
Nationwide to pay £50 discretionary distribution to over 12 million members, totalling over £600m.
- Distribution per member £50
- Total value returned over £600m
- Members eligible over 12 million
- CET1 ratio impact c. 55bps reduction from 19.5%
- Leverage ratio impact c. 13bps reduction from 5.2%
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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.
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
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.