Historical Stock Data on Nationwide Financial Services ;
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Free Historical Stock Data on Nationwide Financial Services
Stock Symbol: NFS
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Business Description
Nationwide Financial Services, Inc. (NFS) is a provider of long-term savings and retirement products in the United States. NFS develops and sells a range of products that includes individual annuities, private and public sector pension plans and other investment products sold to institutions, life insurance and advisory services. The Company sells its products through a diverse distribution network. Unaffiliated entities that sell its products to their own customer base include independent broker/dealers, wirehouse and regional firms, financial institutions, pension plan administrators, life insurance specialists and certified public accounting firms. Representatives of NFS that market products directly to a customer base include Nationwide Retirement Solutions, The 401(k) Company, TBG Financial and Nationwide Provident agents. NFS also distributes retirement savings products through the agency distribution force of its ultimate parent company, Nationwide Mutual Insurance Company.
Financial Information
For the nine months ended 9/30/04, total revenues rose 5% to $3.09 billion. Net income before acct. change rose 24% to $363.6 million. Results reflect higher policy charges, increased net investment income and a decrease in other benefits and claims.
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