NAB 4.07% $36.50 national australia bank limited

Bargain, page-8

  1. ipy
    243 Posts.
    lightbulb Created with Sketch. 9
    NAB sp is approx. 20% down year on year but per what was reported during May '18
    1H18 v 1H17 - Cash earnings $2,759m down 16 %
    1H18 v 1H17 - Cash earnings (ex restructuring-related costs) $3,289m Flat

    Perhaps the sp was more reflective of the 1H18 v 1H17 Cash earnings with restructuring related costs?
 
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