NAB: Interim result 2013

The result underwhelmed the market but, as Nathan Bell explains, the lousy UK division masked a decent result at home.

The enthusiasm that greeted the recent results from ANZ Bank and Westpac was palpable, nudging their respective share prices ever higher. NAB chief executive Cameron Clyne had no such luck. His company’s share price fell 2% on the announcement of its interim result.

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