Nov 7 (Reuters) - National Australia Bank Ltd (NAB) :
- ANNOUNCES FINAL DIVIDEND OF 83 CENTS PER SHARE
- FY CASH EARNINGS $5,097 MILLION
- FY NET INTEREST INCOME $13,614 MILLION VERSUS $13,467 MILLION
- AS AT SEPT 30, GROUP CET1 RATIO 10.38 PERCENT
- FY NET INTEREST MARGIN DECLINED 7 BASIS POINTS TO 1.78%
- NOW HAVE MORE THAN 950 PEOPLE DEDICATED TO REMEDIATING CUSTOMERS
- IN FY19 RECOGNISED ADDITIONAL CHARGES OF $1,100 MILLION AFTER TAX FOR CUSTOMER-RELATED REMEDIATION
- AUSTRALIAN ECONOMIC GROWTH IS EXPECTED TO REMAIN BELOW TREND IN 2020 AND 2021
- CONTINUE TO TARGET CUMULATIVE COST SAVINGS OF AT LEAST $1 BILLION BY 30 SEPTEMBER 2020
- WELL PLACED TO MEET APRA'S 'UNQUESTIONABLY STRONG' CAPITAL BENCHMARK BY 1 JANUARY 2020
- AUSTRALIAN UNEMPLOYMENT RATE IS FORECAST TO EDGE HIGHER
SourceL: http://bit.ly/2WNjMSv
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News: NAB National Australia Bank Announces Final Dividend Of 83 Cents Per Share
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