NAB

National Australia Bank has announced its third quarter trading update for the period ending 30 June 2012. Unaudited cash earnings (which excludes previously announced write-offs from the troubled UK banking division) for the quarter were $1.4bn, in line with the same period a year earlier. Revenue actually fell 1%, but we’d be satisfied if the company can maintain profitability in such a weak lending environment without taking on high risks. That’s the longer-term concern given National Australia’s large business loan book and recent grab for market share. Outside the UK bad debts aren’t currently a problem, having fallen 7%...

National Australia Bank has announced its third quarter trading update for the period ending 30 June 2012. Unaudited cash earnings (which excludes previously announced write-offs from the troubled UK banking division) for the quarter were $1.4bn, in line with the same period a year earlier.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles