CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
Open platformOpen platform

National Australia Bank's full-year cash profit falls over 13%

By Reuters News

Nov 5 (Reuters) - National Australia Bank NAB.AX posted a 13.4% drop in its full-year cash profit on Thursday, hurt by higher credit impairment charges and expenses.

The country's top business lender said cash profit came in at A$6.14 billion ($4.30 billion) for the year ended September 30, compared with A$7.09 billion last year and missing the Visible Alpha consensus estimate of A$6.33 billion.



($1 = 1.4267 Australian dollars)

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk