Aug 14 (Reuters) - National Australia Bank Ltd (NAB) on Friday reported a 6.1% drop in third-quarter cash profit as it set aside more money to cover potential loan defaults brought on by the coronavirus crisis.
The country's third-biggest lender said cash profit came in at A$1.55 billion ($1.11 billion) for the quarter ended June 30, down from A$1.65 billion as reported last year, but above a Citi estimate of A$1.26 billion.
($1 = 1.3992 Australian dollars)
News: NAB Australia's NAB Q3 cash profit falls 6% as bad debt charges surge
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Last
$44.09 |
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Mkt cap ! $135.0B | |||
| Open | High | Low | Value | Volume |
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| NAB (ASX) Chart |