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National Australia Bank Limited (NAB.AX)

ASX - ASX Delayed price. Currency in AUD
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36.43-0.57 (-1.54%)
At close: 05:10PM AEDT
Full screen
Previous close37.00
Open36.76
Bid36.38 x 0
Ask36.45 x 0
Day's range36.38 - 36.79
52-week range27.51 - 39.83
Volume3,274,424
Avg. volume4,244,784
Market cap113.902B
Beta (5Y monthly)0.89
PE ratio (TTM)16.56
EPS (TTM)2.20
Earnings date07 Nov 2024
Forward dividend & yield1.68 (4.61%)
Ex-dividend date07 May 2024
1y target est31.93
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  • Reuters

    Australia's NAB posts profit dip, investors cheer margin stability

    (Reuters) -National Australia Bank, the country's No. 3 lender by total loans, reported on Friday that profit fell in the June quarter as inflation pushed up costs and stoked competition, but said that a measure of core operating margins held steady, sending its shares higher. The company, which is Australia's top business lender as well as a top-tier mortgage provider, warned of a deterioration in its business banking portfolio where "non-performing" loans reached the highest in at least two years. But it said in a limited third-quarter trading update that its net interest margin (NIM) - a closely-watched measure of bank performance which compares interest payments received on loans minus interest paid out to deposit holders - had held steady since the first two quarters.

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