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
$38.40 |
Change
-0.510(1.31%) |
Mkt cap ! $117.4B | |||
| Open | High | Low | Value | Volume |
| $38.47 | $38.56 | $38.20 | $32.73M | 841.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 2270 | $38.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.40 | 946 | 6 |
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| Last trade - 11.38am 01/08/2025 (20 minute delay) ? |
| NAB (ASX) Chart |