NAB

National Australia Bank has announced its first quarter trading update (it has a 30 September year end), with unaudited cash earnings increasing 4% to $1.5bn compared to the same period last year. Statutory earnings fell 27% to $1.3bn due to hedging losses (these often swing around without impacting underlying profitability).  Revenue increased 3%, while expenses increased 4% despite cutting 500 positions during the restructure of the company’s problematic UK division. Banks are having little trouble borrowing money from yield-starved investors abroad, and bad debts fell 10% to $554m. Unlike its three major rivals, NAB’s share price still trades at...

National Australia Bank has announced its first quarter trading update (it has a 30 September year end), with unaudited cash earnings increasing 4% to $1.5bn compared to the same period last year. Statutory earnings fell 27% to $1.3bn due to hedging losses (these often swing around without impacting underlying profitability). 

{{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

Email is required.
Email must be a valid email.
Password is required.
First name is required.
Last name is required.
Mobile phone number is required.
You must accept the terms and conditions.

OR

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

You have entered an incorrect email or password

Email is required.
Email must be a valid email.
Password is required.

Please untick this box when using a public or shared device


OR

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
Discount -{{productDiscount}}
GST {{productGST}}
TOTAL   (inc. GST) {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Login or to reset your password, select Forgotten password

You have entered an incorrect email or password

Email is required.
Email must be a valid email.
Password is required.

Please untick this box when using a public or shared device


OR

Related Articles