Oct 16 (Reuters) - National Australia Bank Ltd (NAB) :
- ADDITIONAL COSTS FOR CUSTOMER REMEDIATION MATTERS
- ANNOUNCED ADDITIONAL COSTS OF $314 MILLION AFTER TAX IN CONNECTION WITH ITS CUSTOMER REMEDIATION PROGRAM
- OF CASH EARNINGS IMPACT, APPROXIMATELY 69% OF THESE COSTS WILL IMPACT REVENUE, WITH BALANCE REPORTED IN EXPENSES
- COSTS TO REDUCE 2H18 CASH EARNINGS BY AN ESTIMATED $261 MILLION AND EARNINGS FROM DISCONTINUED OPERATIONS BY AN ESTIMATED $53 MILLION
- NAB REMAINS WELL POSITIONED TO MEET APRA'S 'UNQUESTIONABLY STRONG' BENCHMARK IN AN ORDERLY MANNER BY JANUARY 2020
- CUSTOMER REMEDIATION PROGRAMS ARE EXPECTED TO CONTINUE INTO FY19, WITH POTENTIAL FOR FURTHER COSTS, WHICH REMAIN UNCERTAIN AT THIS POINT IN TIME
- ADDITIONAL COSTS WILL BE EXCLUDED FROM FY18 EXPENSE GROWTH GUIDANCE OF 5-8%
Oct 16 (Reuters) - National Australia Bank Ltd (NAB) :...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$43.32 |
Change
0.540(1.26%) |
Mkt cap ! $132.6B | |||
| Open | High | Low | Value | Volume |
| $42.95 | $43.40 | $42.84 | $48.86M | 1.130M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 103 | $43.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.33 | 1268 | 5 |
View Market Depth
| Last trade - 11.52am 10/09/2025 (20 minute delay) ? |
| NAB (ASX) Chart |