Nov 9 (Reuters) - National Australia Bank (NAB) , the country's second-largest lender, on Wednesday posted a 8.3% rise in annual cash profit as it benefited from robust home and business lending and as second-half margins were supported by rising interest rates.
Australia's biggest business bank reported cash earnings of A$7.10 billion ($4.62 billion) for the year to September, compared with A$6.56 billion a year earlier, and analysts' estimate of A$7.08 billion according to Refinitiv Eikon.
The bank declared a final dividend of 78 Australian cents per share, compared with 67 Australian cents apiece last year. ($1 = 1.5380 Australian dollars)
News: NAB National Australia Bank annual cash profit rises 8%
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$43.54 |
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Mkt cap ! $133.3B | |||
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