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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| National Australia Bank Ltd (PK) | USOTC:NABZY | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.14 | 1.22% | 11.60 | 11.43 | 11.69 | 11.93 | 11.12 | 11.70 | 27,326 | 21:01:22 |
From May 2022 to May 2024
By Alice Uribe
SYDNEY--National Australia Bank Ltd. said the rising interest rate environment helped its annual profit to increase by 8.3%, with the lender lifting its final dividend by 16%.
The bank said net profit for the 12 months through September rose to 6.89 billion Australian dollars (US$4.48 billion). Analysts had expected a full-year net profit of A$7.16 billion, according to FactSet's consensus estimate.
Cash earnings--a profitability measure tracked closely by analysts--rose by 8.3% to A$7.10 billion. Directors of the company raised its final dividend to A$0.78 per share, compared with A$0.67 a year ago.
The group's Common Equity Tier 1 capital ratio was 11.51% at the end of September, compared with 13% the previous year.
Write to Alice Uribe at alice.uribe@wsj.com
(END) Dow Jones Newswires
November 08, 2022 16:40 ET (21:40 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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