Your email has been successfully added to our mailing list.

×
-0.0341386554621848 -0.0341386554621848 -0.0341386554621848 -0.0341386554621848 -0.0210084033613445 -0.0241596638655461 -0.0294117647058823 -0.0336134453781511
Stock impact report

National Australia Bank posts flat quarterly profit, flags more provisions [Reuters]

National Austra Bank (NABZY)  More Company Research Source: Reuters
NASDAQ:AMEX Investor Relations: nab.com.au/about-us/shareholder-centre
PDF National Australia Bank posts flat quarterly profit, flags more provisions - Reuters 2 Min Read (Reuters) - National Australia Bank ( NAB.AX ), the country’s No.3 lender by market value, on Wednesday reported flat growth in third-quarter cash profit and flagged more expenses related to customer remediation in the second half of fiscal 2019. Australia’s biggest banks have already paid about A$8 billion ($5.44 billion) in regulatory and remediation costs related to an inquiry into the nation’s financial sector, which has put more pressure on their margins. As of April, NAB had put aside close to A$1.1 billion to pay aggrieved customers. The bank, which said it expected additional provisions in the second half, did not provide an exact figure in its limited trading update on Wednesday. It said revenue grew marginally and net interest margin increased compared with the first-half’s quarterly average due to lower funding costs. The lender reported cash earnings of A$1.65 billion ($1.12 b [Read more]
Impact snapshot Event time: NABZY
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last price
VWAP
High:
Max up
High:
Low:
Max down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Opt-in for
NABZY alerts

from News Quantified
Opt-in for
NABZY alerts

from News Quantified