Nov 5 (Reuters) - National Australia Bank (NAB) on Thursday slashed its final dividend payout and posted a 36.6% fall in annual profit, hurt by charges on higher loan losses due to the COVID-19 pandemic.
Australia's third-largest bank posted full-year cash earnings of A$3.71 billion ($2.66 billion), compared with a restated figure of A$5.85 billion last year. Analysts polled by Reuters on average expected cash earnings of A$3.82 billion.
The company declared a final dividend of A$0.30, compared with last year's payout of A$0.83 per share.
($1 = 1.3937 Australian dollars)
Nov 5 (Reuters) - National Australia Bank (NAB) on Thursday...
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Last
$43.79 |
Change
0.250(0.57%) |
Mkt cap ! $134.1B | |||
| Open | High | Low | Value | Volume |
| $43.39 | $44.00 | $43.28 | $126.2M | 2.883M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 9679 | $43.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.95 | 275 | 1 |
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| Last trade - 16.12pm 15/09/2025 (20 minute delay) ? |
| NAB (ASX) Chart |