Aug 9 (Reuters) - National Australia Bank Ltd (NAB) :
- 2022 THIRD QUARTER TRADING UPDATE
- Q3 STATUTORY NET PROFIT A$1.85 BILLION
- Q3 CASH EARNINGS A$1.80 BILLION
- AT QUARTER-END, GROUP CET1 RATIO WAS 11.6%
- Q3 NET INTEREST MARGIN WAS SLIGHTLY LOWER COMPARED WITH HY QTRLY AVERAGE
- Q3 CREDIT IMPAIRMENT CHARGE WAS A$11 MILLION
- CONTINUED LOW UNEMPLOYMENT, HEALTHY HOUSEHOLD & BUSINESS BALANCE SHEETS HELPING MITIGATE IMPACTS OF HIGHER INFLATION, HIGHER INTEREST RATES
- FY22 COST GROWTH IS NOW EXPECTED TO BE APPROXIMATELY 3-4%
- Q3 EXPENSES INCREASED 1% COMPARED WITH HY QTRLY AVERAGE
- WELL ADVANCED ON FY22 TERM WHOLESALE FUNDING TASK WITH A$34 BILLION RAISED BY END JUNE
- SEES MAJORITY OF CUSTOMERS WELL PLACED TO MANAGE INFLATION CHALLENGES, INCLUDING 70% OF CUSTOMER HOME LOAN REPAYMENTS AHEAD OF SCHEDULE
- PRODUCTIVITY BENEFITS EXPECTED TO EXCEED A$400 MILLION IN FY22
News: NAB National Australia Bank Posts Q3 Statutory Net Profit A$1.85 Bln
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Last
$43.54 |
Change
0.520(1.21%) |
Mkt cap ! $133.3B | |||
| Open | High | Low | Value | Volume |
| $43.44 | $43.67 | $43.30 | $149.6M | 3.437M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4251 | $43.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.59 | 30 | 1 |
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| NAB (ASX) Chart |