The royal commission is a storm in a teacup. AMP and CBA might be in a bit of strife but nothing I have seen yet points to significant pain for NAB.
My reason for liking NAB right now is that they have recently spent a great deal of effort on automation & process improvement which should reduce fixed costs and improve performance, making them significantly more competitive and more profitable medium term. Plus they have the largest payout ratio of the four. It should play out pretty well over the coming years in my estimation.
I would call that value investing - something Warren might like.
The royal commission is a storm in a teacup. AMP and CBA might...
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Last
$34.40 |
Change
0.120(0.35%) |
Mkt cap ! $106.7B | |||
| Open | High | Low | Value | Volume |
| $34.40 | $34.52 | $34.11 | $121.9M | 3.547M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $34.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.44 | 9235 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$34.51 |
Change
0.120 ( 0.41 %) |
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| Open | High | Low | Volume | ||
| $34.48 | $34.51 | $34.12 | 932395 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| NAB (ASX) Chart |