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National Australia Bank Limited (ASX:NAB) has posted an impressive first half net profit of $2.52 billion, a 23 per cent lift on the same period a year ago.
The bank says continued growth in its Australian and New Zealand businesses and a stronger balance sheet helped it deliver the solid result.
For the six months to March 31, NAB's cash profit was $2.92 billion, 3 per cent more than the first half last year.
On a cash earnings basis, revenue increased by 1.6 per cent driven by growth in personal banking, NZ banking and wholesale banking.
The lender declared a full-franked interim dividend of 93 cents, an increase of 3 cents per share on the prior interim dividend.
NAB CEO Cameron Clyne says the bank’s UK strategic review is ahead of plan and domestically it has begun centralising product management and operations.
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Last
$43.36 |
Change
-0.060(0.14%) |
Mkt cap ! $132.8B | |||
| Open | High | Low | Value | Volume |
| $43.42 | $43.83 | $43.31 | $168.7M | 3.882M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3898 | $43.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.39 | 936 | 1 |
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| Last trade - 16.14pm 18/09/2025 (20 minute delay) ? |
| NAB (ASX) Chart |