National Australia Bank Limited (AU:NAB)
ASX:NAB
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Earnings Data
Report Date
Nov 05, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
1.21Last Year’s EPS
1.09Same Quarter Last Year
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mixed but resilient picture: strong underlying operating performance (underlying profit +6.4%, revenue +3.1%, robust business lending and deposit growth, improved customer advocacy and technology progress) was offset by a large one-off $1.35bn software amortization, higher credit impairment provisions ($300m forward-looking top-up; H1 charge $706m), and elevated uncertainty from the Middle East conflict which may moderate credit growth and pressure asset quality. Capital and liquidity remain well above regulatory minima and management took prudent capital actions (DRP discount and partial underwriting). Given the substantive operating positives tempered by meaningful one-off accounting impacts and increased provisioning for geopolitical-driven risk, the overall tone is balanced and cautious.Company Guidance
Underlying Profit Growth
Underlying profit (ex notables) rose 6.4% half-on-half, driving cash earnings ex-notables up 2.3% despite a large one-off software amortization charge.
Revenue and Margin Momentum
Revenue increased 3.1% driven by volume growth and stronger markets & treasury income; net interest margin (NIM) broadly stable with a reported 3 basis point increase half-on-half and offsetting drivers limiting compression.
Strong Business Lending and Market Share
Total business lending GLAs rose 11.5% year-on-year to $306bn; business credit growth was 6.9% in the half. NAB holds a 22% share of total business lending and 28% of SME lending, and Business & Private Banking underlying profit grew 5.4%.
Deposit Growth and Customer Acquisition
At-call transaction account balances grew strongly (10.8% increase in transaction account balances noted), with Business & Private Banking and Personal Banking growing at-call deposits by $14bn in the half; new transaction account openings up ~30% (Personal) and ~31% (B&PB) over two years.
Proprietary Home Lending Progress
Proprietary channel share of home lending drawdowns increased from 41.4% to 47.7% in H1 and reached 50% of drawdowns in March, supporting above-system home lending growth and improved returns.
Customer Advocacy and NPS Improvements
NAB won the Roy Morgan Customer Satisfaction Award (Major Bank of the Year 2025); positive NPS across all four segments for the first time, with medium/large business NPS improving 16 points year-on-year and mass affluent up 14 points.
Productivity and Cost Management
Operating expenses (ex the notable software item) declined 0.5% half-on-half; productivity savings of $199m achieved in the half and management targets >$450m productivity savings for FY26.
Capital and Liquidity Remain Above Requirements
March CET1 ratio was 11.65% (Level 1 11.53%); liquidity metrics LCR 132% and NSFR 116% remain well above regulatory minimums. Actions (1.5% DRP discount + partial underwriting) expected to raise ~$1.8bn and add ~40bps to CET1 to a pro forma ~12.05%.
Technology Modernization and AI Adoption
Completed migration of payments to a cloud-based real-time payments platform; new cloud-based transaction switch migration underway; AI tools rolled out to over 7,000 software engineers improving developer productivity and change-cycle delivery.
National Australia Bank Limited (AU:NAB) Earnings, Revenues Date & History
AU:NAB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AU:NAB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Nov 05, 2025 | AU$42.73 | AU$41.32 | -3.30% |
May 06, 2025 | AU$33.08 | AU$33.62 | +1.61% |
Nov 06, 2024 | AU$36.00 | AU$36.08 | +0.21% |
May 01, 2024 | AU$30.24 | AU$30.68 | +1.45% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does National Australia Bank Limited (AU:NAB) report earnings?
National Australia Bank Limited (AU:NAB) is schdueled to report earning on Nov 05, 2026, TBA (Confirmed).
What is National Australia Bank Limited (AU:NAB) earnings time?
National Australia Bank Limited (AU:NAB) earnings time is at Nov 05, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of National Australia Bank Limited stock?
The P/E ratio of National Australia Bank Limited is N/A.
What is AU:NAB EPS forecast?
AU:NAB EPS forecast for the fiscal quarter 2026 (Q4) is 1.21.