NAB 1.78% $36.94 national australia bank limited

News: NAB National Australia Bank's quarterly cash profit falls 3% compared to second-half quarter...

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    Feb 21 (Reuters) - National Australia Bank (NAB) reported a 3% drop in its first-quarter cash profit on Wednesday as compared to the quarterly average of the second-half of 2023, hurt by higher cost pressures.

    The country's second-biggest lender by market valuation posted cash earnings of A$1.80 billion ($1.18 billion) for the quarter ended Dec. 31.

    ($1 = 1.5265 Australian dollars)

 
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