April 20 (Reuters) - National Australia Bank Ltd (NAB) :
- NAB'S 1H20 EARNINGS ARE EXPECTED TO INCLUDE CHARGES OF $188 MILLION AFTER TAX FOR CUSTOMER-RELATED REMEDIATION
- NET INCREASE IN PROVISION FOR REMEDIATION OF $188 MILLION AFTER TAX EXPECTED TO REDUCE GROUP'S CET1 RATIO BY ABOUT 6 BASIS POINTS
- SEES NET INCREASE IN PROVISIONS FOR CUSTOMER-RELATED REMEDIATION MATTERS OF $268 MILLION BEFORE TAX IN H1
- EXPECTS FIRST HALF 2020 EARNINGS REDUCED BY IMPAIRMENT OF CARRYING VALUE OF NAB'S INVESTMENT IN MLC LIFE OF $214 MILLION
- FROM 1H20, WEALTH BUSINESS WILL BE REPORTED AS SEPARATE SEGMENT CALLED MLC WEALTH & NO LONGER FORM PART OF CONSUMER BANKING
- CHANGE TO APPLICATION OF SOFTWARE CAPITALISATION POLICY TO CUT CAPITALISED SOFTWARE BALANCE AS AT 31 MARCH BY $1,056 MILLION
- CHANGE TO APPLICATION OF SOFTWARE CAPITALISATION POLICY TO REDUCE H1 EARNINGS BY $742 MILLION AFTER TAX
- DETAILED INFORMATION ABOUT IMPACT OF COVID-19 PANDEMIC ON CO'S EARNINGS TO BE PROVIDED AT 2020 HALF YEAR RESULTS
April 20 (Reuters) - National Australia Bank Ltd (NAB) : NAB'S...
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Last
$41.86 |
Change
0.150(0.36%) |
Mkt cap ! $128.5B | |||
| Open | High | Low | Value | Volume |
| $41.63 | $42.13 | $41.53 | $175.6M | 4.194M |
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| 1 | 6702 | $41.84 |
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