National Australia Bank Posts First-Half Profit Miss, Warns of Middle ...
The bank’s pre-provision profit fell 1.4% below JPMorgan’s forecast after $706 million in credit provisions and a $946 million accounting charge.
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8 Articles
NAB profit drops as bank warns of Middle East uncertainty — as it happened
The ASX has slipped to its ninth loss in 10 sessions despite strong corporate earnings propelling the S&P 500 to a new record close. Look back at how the trading session unfolded on our business blog.
NAB Profit Misses Estimates as Software Costs Weigh on Bank
National Australia Bank Ltd. Chief Executive Officer Andrew Irvine highlighted the challenges facing customers in its largest division after the lender missed first-half profit estimates on higher software costs and the deteriorating economy pushed up credit provisions.
NAB (ASX:NAB) Profit Falls 18% in H1 2026, But Underlying Up 6.4%
NAB Profit Falls 18% in H1 2026, But Underlying Up 6.4% National Australia Bank (ASX:NAB) released its half-year 2026 results today, and the headline numbers looked rough. Statutory profit fell 18% to A$2.75 billion. The share price slipped 1.46% to A$39.25. And management announced plans to raise around A$1.8 billion in fresh capital. But the deeper story is much more positive. Underlying profit actually rose 6.4%. Cash earnings (excluding the …
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