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: WBC National Australia Bank full-year profit down 11%
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Last
$37.16 |
Change
-1.410(3.66%) |
Mkt cap ! $127.1B | |||
| Open | High | Low | Value | Volume |
| $38.30 | $38.44 | $37.11 | $198.7M | 5.287M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2715 | $37.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.20 | 2635 | 1 |
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| WBC (ASX) Chart |