NAB was just severely overpriced at a growth bank multiple. It never deserved to be high $20s or low $30s, always thought that and it was one of the most expensive multiples globally among the majors. Just rerated to a multiple consistent with peers - ANZ and WBC.
CBA is still overvalued. Pretty sure it’s still the most expensive large cap bank on earth.
NAB was just severely overpriced at a growth bank multiple. It...
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Last
$36.94 |
Change
-0.670(1.78%) |
Mkt cap ! $113.6B | |||
| Open | High | Low | Value | Volume |
| $37.08 | $37.29 | $36.88 | $167.7M | 4.533M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 445 | $36.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.97 | 11870 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| NAB (ASX) Chart |