NAB national australia bank limited

News: NAB National Australia Bank Posts FY Cash Earnings Of $3,710 Mln, Down 36.6%

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    Nov 5 (Reuters) - National Australia Bank Ltd (NAB) :

    • ANNOUNCES FINAL DIVIDEND OF 30 CENTS PER SHARE
    • FY NET INTEREST MARGIN DECLINED 1 BASIS POINT TO 1.77%
    • FY NET PROFIT ATTRIBUTABLE TO OWNERS OF NAB DOWN 46.7% TO $2,559 MILLION
    • AT FY-END, CET1 RATIO 11.47%
    • EXPECT MODEST GROWTH IN FY21 EXPENSES (EXCLUDING LARGE NOTABLE ITEMS) OF ABOUT 0-2%
    • FY CREDIT IMPAIRMENT CHARGES INCREASED 201% TO $2,762 MILLION
    • FY CASH EARNINGS $ 3,710M, DOWN 36.6% V FY19
    • ASSET QUALITY IS STARTING TO DETERIORATE GIVEN ECONOMIC DISRUPTIONS CAUSED BY COVID-19
    • WILL CONTINUE TO EXPLORE SOME SMALLER OPPORTUNITIES TO SIMPLIFY PORTFOLIO BY DIVESTING NON-CORE BUSINESSES
    • CONSIDERING OFFER OF NEW ASX LISTED ADDITIONAL TIER 1 CAPITAL SECURITY ALONGSIDE REPAYMENT OF NAB CONVERTIBLE PREFERENCE SHARES II
    • FY20 CHARGES INCLUDE $1,856 MLN OF ADDITIONAL FORWARD LOOKING COLLECTIVE PROVISIONS TO REFLECT POTENTIAL COVID-19 IMPACTS
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$43.95
Change
0.160(0.37%)
Mkt cap ! $134.7B
Open High Low Value Volume
$43.89 $43.99 $43.64 $59.81M 1.361M

Buyers (Bids)

No. Vol. Price($)
13 1332 $43.95
 

Sellers (Offers)

Price($) Vol. No.
$43.96 134 2
View Market Depth
Last trade - 11.46am 16/09/2025 (20 minute delay) ?
NAB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.