When the inflation is high, and economy is bad, isn't it great to own bank shares?
Bank's earning can auto adjust to inflation with their pricing power.
Economy wise, it should collapse & recover in 5 years.
Banks has little growth in net profit, page-31
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Last
$38.93 |
Change
-0.120(0.31%) |
Mkt cap ! $119.9B | |||
| Open | High | Low | Value | Volume |
| $38.40 | $38.93 | $38.40 | $151.9M | 3.911M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4612 | $38.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.94 | 676 | 1 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| NAB (ASX) Chart |