Nov 7 (Reuters) - National Australia Bank Ltd (NAB) reported a 10.6% drop in annual cash earnings on Thursday, missing estimates, as remediation charges plague the country's third-largest lender and chip away at its capital levels.
Cash earnings came in at A$5.10 billion ($3.51 billion) for the year ended Sept. 30, missing an average estimate of A$5.15 billion of analysts polled by Reuters. Last year, the lender reported earnings of A$5.70 billion.
The company declared a final dividend of A$0.83 per share, down from A$0.99 per share last year.
($1 = 1.4531 Australian dollars)
News: NAB National Australia Bank full-year profit down 11%
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Last
$41.95 |
Change
0.090(0.22%) |
Mkt cap ! $128.4B | |||
| Open | High | Low | Value | Volume |
| $42.04 | $42.21 | $41.87 | $87.68M | 2.087M |
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| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1280 | $41.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.03 | 15621 | 2 |
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| NAB (ASX) Chart |