|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||20.74 - 20.74|
|52-week range||17.52 - 24.32|
|Beta (5Y monthly)||0.96|
|PE ratio (TTM)||14.61|
|Forward dividend & yield||1.00 (4.84%)|
|Ex-dividend date||11 May 2022|
|1y target est||N/A|
(Reuters) -National Australia Bank flagged higher expenses for the second time in four months on Tuesday, citing higher personnel and leave costs, sending shares of the country's second-largest lender more than 4% lower in their worst day since mid-June. NAB, Australia's biggest business lender, bumped up its cost forecast for 2022 to between 3% and 4% from 2%-3%. Part of the cost jump comes from expected provisions of between A$60 million and A$100 million ($41.92 million and $69.86 million) related to a previously disclosed agreement with Australia's financial crime regulator to fix shortcomings in anti-money laundering compliance.
The euro rose on Monday as markets focused on European Central Bank tools to fight fragmentation in the currency bloc, shrugging off the risk of political gridlock in France for now after President Emmanuel Macron lost an absolute majority in a parliamentary election. Macron's Ensemble alliance secured the most seats in the National Assembly but fell well short of the absolute majority needed to control parliament, final results showed. Analysts and traders looked past the election result to focus instead on the ECB's attempts to contain borrowing costs in the bloc's south and the global monetary policy outlook.
National Australia Bank Ltd. (NABZY) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.