Oct 23 (Reuters) - National Australia Bank Ltd (NAB) :
- ITEMS IMPACTING 2H20 RESULTS AND CHANGE IN WEALTH REPORTING
- SECOND HALF A NET INCREASE IN PROVISIONS FOR CUSTOMER-RELATED REMEDIATION MATTERS OF $380 MILLION BEFORE TAX
- IN 2H20 NET INCREASE IN PAYROLL REMEDIATION PROVISIONS OF $128 MILLION BEFORE TAX
- H2 EARNINGS REDUCED BY IMPAIRMENT OF PROPERTY-RELATED ASSETS OF $134 MILLION BEFORE TAX
- IMPAIRMENT ARE EXPECTED TO REDUCE GROUP'S COMMON EQUITY TIER 1 CAPITAL RATIO BY ABOUT 15 BASIS POINTS
- SEES H2 TOTAL IMPACT TO CASH EARNINGS $264 MILLION
- AGREED MLC WEALTH SALE WILL RESULT IN 2H DISCONTINUED OPERATIONS EARNINGS BEING IMPACTED BY A $200 MILLION POST TAX PROVISION
- PROVISION FOR MLC WEALTH EXPECTED TO REDUCE GROUP'S CET1 RATIO BY APPROXIMATELY 7 BASIS POINTS
News: NAB NAB Announces Items Impacting H2 Results
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Last
$42.47 |
Change
0.080(0.19%) |
Mkt cap ! $130.0B | |||
| Open | High | Low | Value | Volume |
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