National Australia Bank first-half cash earnings fall 13% [Reuters]
NATL AUSTRALIA BK S/ADR (NABZY)
NASDAQ:AMEX Investor Relations:
nab.com.au/about-us/shareholder-centre
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Source: Reuters
May 2 (Reuters) - National Australia Bank on Thursday posted an about 13% drop in its first-half cash profit as the country's no. 2 lender grappled with high operating costs and cutthroat competition. NAB, also the country's top business lender, posted cash earnings of A$3.55 billion ($2.32 billion) for the six months ended March 31, compared with That was in line with the Visible Alpha consensus estimate of A$3.55 billion compiled by UBS. Report this ad ($1 = 1.5330 Australian dollars) Get a look at the day ahead in U.S. and global markets with the Morning Bid U.S. newsletter. Sign up Reporting by Sameer Manekar and Poonam Behura in Bengaluru; Editing by Anil D'Silva Our Standards:
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