I believe they're keeping part, paying part out in interest and passing some of the rate cut on to loan holders.
re longer term bank SP dropping generally, it certainly seems banks globally are a bit on the nose for the past 6 mos or more.
ASX Banks are High Yield High Dividends, page-12
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Last
$35.33 |
Change
-0.440(1.23%) |
Mkt cap ! $109.3B | |||
| Open | High | Low | Value | Volume |
| $35.65 | $35.68 | $35.15 | $101.1M | 2.859M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6221 | $35.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.34 | 28306 | 3 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| NAB (ASX) Chart |