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National Australia Bank Limited (NAB.AX)

ASX - ASX Delayed Price. Currency in AUD
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34.64-0.05 (-0.14%)
At close: 04:10PM AEDT
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Previous close34.69
Open34.85
Bid34.64 x 0
Ask34.65 x 0
Day's range34.51 - 34.92
52-week range25.10 - 35.12
Volume3,961,139
Avg. volume4,380,860
Market cap108.105B
Beta (5Y monthly)0.86
PE ratio (TTM)15.06
EPS (TTM)2.30
Earnings date02 May 2024
Forward dividend & yield1.68 (4.85%)
Ex-dividend date14 Nov 2023
1y target est30.89
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    National Australia Bank cash earnings beat estimates

    (Reuters) -National Australia Bank shares surged on Wednesday to their highest in about nine years after the bank's first-quarter cash profit beat market estimates, and the lender said it remains optimistic about Australia's economy. The country's top business lender said income from its markets and treasury portfolio drove revenue higher by about 1% for the quarter. Australia's second-biggest bank by market valuation however posted a 16.9% slump in cash earnings due to higher cost pressures, deposit costs and competitive lending, which in turn impacted margins.