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National Australia Bank Limited (AU:NAB)
ASX:NAB

National Australia Bank Limited (NAB) AI Stock Analysis

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AU

National Australia Bank Limited

(Sydney:NAB)

74Outperform
National Australia Bank Limited's overall stock score reflects a stable yet cautious outlook. Strengths include robust revenue generation, a strong capital position, and attractive dividend yield. However, high leverage, declining profitability, and negative cash flows present challenges. The technical indicators suggest positive momentum, but careful monitoring is needed to prevent overextension. The neutral sentiment from the earnings call further reinforces the need for strategic focus on operational efficiency and asset quality.

National Australia Bank Limited (NAB) vs. S&P 500 (SPY)

National Australia Bank Limited Business Overview & Revenue Model

Company DescriptionNational Australia Bank Limited provides financial services to individuals and businesses in Australia, New Zealand, and internationally. It operates through Business and Private Banking; Personal Banking; Corporate and Institutional Banking; New Zealand Banking; and Corporate Functions and Other segments. The company accepts transaction accounts, savings accounts, deposit accounts, and term deposits; and specialized accounts, such as foreign currency, business interest, statutory trust, cash maximiser, community free saver, farm management, and project bank accounts, as well as farm management deposits. National Australia Bank Limited also provides home loans; personal loans; business loans; vehicle and equipment finance; and trade and invoice finance, as well as business overdrafts and bank guarantees. In addition, the company offers insurance products consisting of car, home and content, landlord, travel, caravan and trailer, life, and business insurance products; and pension, superannuation, self-managed super funds, cash management, and financial planning and advisory services. Further, it provides investment products; credit, debit, and business cards; payments and merchant services; travel services; online and internet banking services; small business services; international and foreign exchange solutions; and industry specific banking services. National Australia Bank Limited was founded in 1834 and is based in Melbourne, Australia.
How the Company Makes MoneyNAB makes money primarily through interest income, which is generated from loans and advances provided to personal, business, and institutional clients. The bank earns interest by lending money at higher rates than it pays on deposits and other borrowings. Another significant revenue stream is non-interest income, which includes fees and commissions from services such as transaction accounts, wealth management, insurance products, and advisory services. NAB also benefits from trading and investment activities, foreign exchange transactions, and asset management. Partnerships with financial technology firms and other strategic alliances further enhance its revenue streams by expanding service offerings and customer reach. Key factors contributing to NAB's earnings include its expansive customer base, strong market position, and diversified financial services portfolio.

National Australia Bank Limited Financial Statement Overview

Summary
National Australia Bank Limited shows robust revenue generation and stable equity levels. However, the high leverage and declining profitability margins are concerning. The negative cash flows underscore potential liquidity issues, warranting strategic attention. While the bank remains fundamentally strong, careful management of operational efficiency and cash flows is crucial to sustain financial health.
Income Statement
―
The income statement reveals a mixed performance. The revenue growth rate is volatile, with a notable decline from 2023 to 2024. The gross profit margin remains strong at approximately 96.5% for 2024, indicating cost efficiency. However, the absence of EBIT and EBITDA in 2024 suggests potential issues in operational profitability. Net profit margin declined to 33.8% in 2024 from 14.3% in 2023, reflecting potential profitability concerns.
Balance Sheet
75
The balance sheet shows a stable financial position with a debt-to-equity ratio of 4.83, indicating high leverage typical in the banking industry. Stockholders' equity has been stable, with a slight increase in 2024. The equity ratio is approximately 5.7%, suggesting a modest reliance on equity financing. Given the scale of assets, the bank maintains a solid equity base, though high leverage poses potential risks.
Cash Flow
―
Cash flow analysis presents challenges, with a negative free cash flow in recent years, notably increasing to -37.2 billion in 2024. The operating cash flow to net income ratio is negative, indicating operational cash flow issues. Free cash flow to net income ratio is unfavorable, reflecting strain on cash generation despite profitability. This highlights significant pressure on cash flows, necessitating careful management.
Breakdown
Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020
Income StatementTotal Revenue
20.62B51.70B24.98B20.98B26.69B
Gross Profit
20.62B51.70B24.98B20.98B26.69B
EBIT
0.000.0010.29B9.50B6.57B
EBITDA
0.00-2.00M10.86B10.11B0.00
Net Income Common Stockholders
6.96B7.41B6.89B6.36B2.56B
Balance SheetCash, Cash Equivalents and Short-Term Investments
112.94B2.89B2.67B26.96B34.65B
Total Assets
1.08T1.06T1.06T926.19B866.86B
Total Debt
296.68B289.27B290.64B276.41B257.02B
Net Debt
-112.94B-120.20B287.97B249.44B222.37B
Total Liabilities
1.02T997.69B996.22B863.41B805.57B
Stockholders Equity
61.45B61.15B59.03B62.78B61.29B
Cash FlowFree Cash Flow
-37.22B-27.89B27.14B-99.00M32.92B
Operating Cash Flow
-35.78B-26.70B28.22B759.00M33.89B
Investing Cash Flow
4.69B-4.21B-8.70B-3.69B-702.00M
Financing Cash Flow
9.92B6.98B6.01B-22.05B-16.82B

National Australia Bank Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price35.87
Price Trends
50DMA
34.31
Positive
100DMA
36.37
Negative
200DMA
36.92
Negative
Market Momentum
MACD
0.49
Negative
RSI
58.57
Neutral
STOCH
54.07
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NAB, the sentiment is Positive. The current price of 35.87 is above the 20-day moving average (MA) of 34.53, above the 50-day MA of 34.31, and below the 200-day MA of 36.92, indicating a neutral trend. The MACD of 0.49 indicates Negative momentum. The RSI at 58.57 is Neutral, neither overbought nor oversold. The STOCH value of 54.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:NAB.

National Australia Bank Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUNAB
74
Outperform
$111.44B16.2511.51%5.60%22.22%-5.00%
64
Neutral
$12.51B9.817.92%16985.69%12.67%-5.98%
AUCBA
54
Neutral
AU$283.64B29.0513.22%2.85%17.35%0.73%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:NAB
National Australia Bank Limited
35.87
2.63
7.92%
ANZGF
ANZ Group Holdings
18.80
-0.36
-1.88%
BKQNF
Bank of Queensland Limited
4.82
1.10
29.57%
BXRBF
Bendigo & Adelaide Bank
7.36
1.16
18.71%
WEBNF
Westpac Banking
21.50
3.30
18.13%
AU:CBA
Commonwealth Bank of Australia
165.96
49.99
43.11%

National Australia Bank Limited Earnings Call Summary

Earnings Call Date:May 06, 2025
(Q4-2024)
|
% Change Since: 1.61%|
Next Earnings Date:Nov 06, 2025
Earnings Call Sentiment Neutral
NAB's earnings call reflected a mixed performance with balanced highlights and lowlights. While the bank showed strong deposit growth and digital engagement, it faced challenges such as a decline in cash earnings, increased hardship assistance, and asset quality issues. The sentiment is neutral, given the stable operating environment and strategic initiatives to improve customer experience and balance sheet resilience.
Q4-2024 Updates
Positive Updates
Steady Business Lending Growth
Consistent investment in SME franchise supported 42% growth in Business and Private Banking, Business Lending balances over four years. Business lending in BNPB grew by 8%, which was in excess of the system.
Strong Deposit Growth
NAB has grown deposits at 1.6x system in business deposits and 1.1x system in household deposits over the last four years.
Improved Digital Engagement
Launched tools like NAB Goodies loyalty program, which received 2.8 million visits since June and paid over $3 million in cashbacks.
Resilience in Capital and Liquidity
Common equity Tier 1 ratio at 12.35% and strong liquidity coverage ratio well above minimum requirements.
Stabilized NIM Trends
NIM down only two basis points this half, reflecting a more stable operating environment.
Negative Updates
Decline in Cash Earnings
Cash earnings decreased by 8.1% over the year, reflecting a 6.9% decrease in underlying earnings due to lower revenue and higher costs.
Increased Hardship Assistance
Significant increase in customers receiving hardship assistance over the past 12 months, although it has plateaued recently.
Asset Quality Deterioration
Challenging economic conditions have seen asset quality deteriorate across both business and consumer portfolios, with a notable number of single-name exposures.
Competition in Business Lending
Despite being the market leader, NAB noted intense competition in the business lending sector, with some peers showing higher growth rates.
Pressure on Net Promoter Scores
Business Net Promoter Score declined to #4, with Consumer Banking ranked third in mass consumer.
Company Guidance
In the fiscal year 2024 results call, NAB provided detailed guidance on various financial metrics and strategic priorities. The bank reported an 8.1% decrease in cash earnings, primarily due to a 6.9% decline in underlying earnings attributed to lower revenue and higher costs. Despite this, the bank maintained a cash return on equity of 11.6%, with a sustainable dividend payout ratio of 73.7% of cash earnings. The final dividend was $0.85, totaling $1.69 for the year. NAB's common equity Tier 1 ratio stood at 12.35%, above its target range, reflecting its strong capital position. The bank completed $7.4 billion in share buybacks over three years, enhancing its fiscal 2024 return on equity by 85 basis points. Asset quality showed some deterioration, with collective provisioning coverage at 1.47% of credit risk-weighted assets and a total provision balance of $5.2 billion. NAB highlighted a focus on enhancing customer advocacy, investing in strategic growth areas like SME banking, and maintaining prudent balance sheet settings as key priorities for the coming year.

National Australia Bank Limited Corporate Events

National Australia Bank Updates on Voting Shares Control
Apr 1, 2025

National Australia Bank Limited has issued a notice regarding the aggregated percentage of voting shares controlled by its associated entities, as per an exemption granted by the Australian Securities and Investments Commission. The notice reveals a slight increase in the percentage of voting shares controlled by its entities, from 0.020% to 0.022%. This change reflects the bank’s ongoing management of its investment portfolios and its strategic positioning in the market, with entities like JBWere Limited and the Bank of New Zealand playing key roles in controlling these shares.

National Australia Bank Announces New Distribution for Capital Notes
Mar 17, 2025

National Australia Bank Limited announced a new distribution for its NAB Capital Notes 3, with a distribution rate of 5.6796% per annum for the period from March 17, 2025, to June 17, 2025. The cash amount per note is AUD 1.4316, fully franked, and will be paid on June 17, 2025. This announcement highlights NAB’s ongoing commitment to providing returns to its investors, reinforcing its position in the financial market and potentially impacting investor relations positively.

National Australia Bank Announces New Distribution for Capital Notes
Mar 17, 2025

National Australia Bank Limited has announced a new distribution for its NAB Capital Notes 6, with a distribution rate of 5.0846% per annum for the period from March 17, 2025, to June 17, 2025. The cash amount per note is set at AUD 1.2816, fully franked, and will be paid on June 17, 2025. This announcement reflects NAB’s ongoing commitment to providing returns to its stakeholders and maintaining its position in the financial services industry.

National Australia Bank Limited Announces New Distribution for Capital Notes
Mar 17, 2025

National Australia Bank Limited announced a new distribution for its NAB Capital Notes 7, with a distribution rate of 4.8396% per annum for the period from March 17 to June 17, 2025. This equates to a cash amount of AUD 1.2198 per note, fully franked, to be paid on June 17, 2025. This announcement reflects the bank’s ongoing commitment to providing returns to its investors and may influence its market positioning by demonstrating financial stability and investor confidence.

National Australia Bank Announces New Distribution for Capital Notes
Mar 17, 2025

National Australia Bank Limited has announced a new distribution for its NAB Capital Notes 8, with a distribution rate of 4.6996% per annum for the period from March 17 to June 17, 2025. This announcement reflects NAB’s ongoing commitment to providing returns to its investors, with the payment scheduled for June 17, 2025, and highlights the bank’s stable financial position and its strategic focus on maintaining investor confidence through consistent dividend distributions.

National Australia Bank Announces New Distribution for Capital Notes
Mar 17, 2025

National Australia Bank Limited has announced a new distribution for its NAB Capital Notes 5, with a distribution rate of 5.3296% per annum for the period from March 17, 2025, to June 17, 2025. The cash amount per note is set at AUD 1.3433, fully franked, and will be payable on June 17, 2025. This announcement reflects the bank’s ongoing commitment to providing returns to its stakeholders and may impact its financial performance positively by maintaining investor confidence.

NAB Announces Executive Leadership Changes to Drive Strategy
Mar 16, 2025

NAB announced significant changes to its Executive Leadership Team, with Andrew Auerbach joining as Group Executive, Business & Private Banking, and Rachel Slade and Nathan Goonan departing. These leadership changes are part of NAB’s strategy to maintain business momentum and improve customer experiences and financial performance. The transition involves interim appointments to ensure continuity until the new executives assume their roles.

NAB Announces Cessation of Securities Following Buy-Back
Mar 13, 2025

National Australia Bank Limited has announced the cessation of 556,645 ordinary fully paid securities due to an on-market buy-back, effective March 13, 2025. This move is part of NAB’s capital management strategy, potentially impacting its share capital structure and reflecting its commitment to returning value to shareholders.

National Australia Bank Completes AUD 3 Billion Share Buy-Back
Mar 12, 2025

National Australia Bank Limited has completed a significant on-market buy-back of its ordinary fully paid securities, acquiring a total of 87,824,707 shares for nearly AUD 3 billion. This buy-back is part of the bank’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting its strong financial position and commitment to returning capital to shareholders.

NAB Updates on Ongoing Buy-Back Program
Mar 12, 2025

National Australia Bank Limited announced an update regarding its ongoing on-market buy-back program, with a total of 87,586,648 securities bought back before the previous day and an additional 238,059 securities purchased on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and enhance shareholder value, reflecting its commitment to returning capital to shareholders and optimizing its balance sheet.

NAB Announces Cessation of Securities Through On-Market Buy-Back
Mar 12, 2025

National Australia Bank Limited announced the cessation of 489,803 ordinary fully paid securities due to an on-market buy-back, effective March 11, 2025. This move is part of NAB’s capital management strategy, potentially impacting its share value and market positioning by reducing the number of shares outstanding, which can enhance shareholder value.

National Australia Bank Updates on Securities Buy-Back
Mar 11, 2025

National Australia Bank Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities. As of the latest update, the bank has bought back a total of 87,586,648 securities, with 556,645 purchased on the previous day. This buy-back initiative is part of the bank’s strategy to manage its capital structure and return value to shareholders, potentially impacting its market positioning and shareholder value.

National Australia Bank Announces Cessation of Securities
Mar 10, 2025

National Australia Bank Limited announced the cessation of 479,353 ordinary fully paid securities due to an on-market buy-back, effective March 10, 2025. This move is part of the bank’s capital management strategy, which may impact its share capital and potentially influence market perceptions and shareholder value.

NAB Announces Cessation of Securities Following Buy-Back
Mar 6, 2025

National Australia Bank Limited has announced the cessation of 335,424 ordinary fully paid securities due to an on-market buy-back, effective March 5, 2025. This move is part of NAB’s capital management strategy, potentially impacting its share capital structure and signaling a focus on optimizing shareholder value.

NAB Updates on Market Buy-Back Program
Mar 5, 2025

National Australia Bank Limited has announced an update regarding its ongoing on-market buy-back program. As of the latest notification, the bank has repurchased a total of 85,584,594 ordinary fully paid securities, with an additional 476,253 securities bought back on the previous day. This buy-back initiative is part of NAB’s strategy to manage its capital efficiently and enhance shareholder value.

National Australia Bank Announces Cessation of Securities
Mar 4, 2025

National Australia Bank Limited announced the cessation of 835,596 ordinary fully paid securities due to an on-market buy-back, effective March 4, 2025. This move is part of the bank’s capital management strategy, potentially impacting its share capital structure and shareholder value, while reflecting its commitment to optimizing financial operations.

NAB Announces Cessation of Securities Following Buy-Back
Mar 3, 2025

National Australia Bank Limited has announced the cessation of 439,450 ordinary fully paid securities due to an on-market buy-back. This move is part of NAB’s capital management strategy, potentially impacting its share value and market perception, while reflecting its commitment to returning value to shareholders.

NAB Updates on On-Market Buy-Back Program
Mar 3, 2025

National Australia Bank Limited has announced an update regarding its ongoing on-market buy-back program, with a total of 335,424 ordinary fully paid securities bought back on the previous day, adding to the 85,249,170 securities already repurchased. This buy-back initiative is part of NAB’s strategy to manage its capital structure and return value to shareholders, reflecting the bank’s commitment to optimizing shareholder returns and maintaining a robust financial position in the competitive banking sector.

Director’s Shareholding Changes at National Australia Bank
Mar 3, 2025

National Australia Bank Limited announced a change in the director’s interest as Andrew Francis Irvine sold 31,000 ordinary shares on the market. This transaction, valued at approximately A$1,095,895.77, reflects a strategic reallocation of shares, with portions transferred to Irvine’s superannuation and family trust accounts. The changes in shareholding may influence the director’s financial strategy and potentially impact investor perceptions of the company’s governance.

NAB Updates on On-Market Buy-Back Program
Feb 27, 2025

National Australia Bank Limited has announced an update regarding its ongoing on-market buy-back program, with a total of 439,450 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 83,974,124 securities repurchased. This buy-back initiative is part of NAB’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and reflecting confidence in the company’s financial position.

National Australia Bank Updates on Buy-Back Program
Feb 26, 2025

National Australia Bank Limited has announced an update on its ongoing on-market buy-back program, with a total of 519,699 ordinary fully paid securities bought back on the previous day, adding to a cumulative total of 83,454,425 securities. This buy-back initiative is part of the bank’s strategy to manage its capital structure and potentially enhance shareholder value.

NAB Announces Cessation of Securities Through Buy-Back
Feb 26, 2025

National Australia Bank Limited announced the cessation of 754,613 ordinary fully paid securities due to an on-market buy-back. This move is part of the bank’s capital management strategy, potentially impacting its share value and market positioning by reducing the number of shares in circulation, which can enhance shareholder value.

National Australia Bank Updates on Buy-Back Program
Feb 25, 2025

National Australia Bank Limited has announced an update on its ongoing on-market buy-back program, with a total of 83,006,873 securities bought back before the previous day and an additional 447,552 securities bought back on the previous day. This buy-back initiative is part of the bank’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and optimizing financial performance.

NAB Announces Cessation of Securities via Buy-Back
Feb 25, 2025

National Australia Bank Limited has announced the cessation of 1,574,440 ordinary fully paid securities due to an on-market buy-back, effective February 24, 2025. This move is part of the bank’s capital management strategy, potentially impacting its stock value and shareholder returns by reducing the number of shares outstanding.

National Australia Bank Updates on Securities Buy-Back
Feb 24, 2025

National Australia Bank Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities. As of February 25, 2025, the bank has bought back a total of 82,477,078 securities, with an additional 529,795 securities purchased on the previous day. This buy-back initiative is part of the bank’s strategy to manage its capital structure effectively and may have implications for its market positioning and shareholder value.

National Australia Bank Updates on Significant Buy-Back Initiative
Feb 23, 2025

National Australia Bank Limited has announced an update on its ongoing on-market buy-back program, reporting the repurchase of 754,613 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 81,722,465. This buy-back initiative is part of the bank’s strategic efforts to optimize its capital structure and enhance shareholder value, reflecting a robust financial position and commitment to returning surplus capital to shareholders.

National Australia Bank Unveils 2025 Q1 Pillar 3 Report
Feb 18, 2025

National Australia Bank Limited has released its 2025 First Quarter Pillar 3 Report, adhering to the Australian Prudential Regulation Authority’s requirements for public disclosure. This announcement provides transparency regarding the bank’s financial health and risk management, potentially impacting stakeholder confidence and industry positioning.

National Australia Bank Sees Mixed Q1 Results Amid Strategy Refresh
Feb 18, 2025

National Australia Bank reported a 2% decline in cash earnings for the first quarter of 2025 compared to the previous half-year’s average, primarily due to increased credit impairment charges and income tax expenses. Despite this, the bank experienced growth in revenue driven by its Markets & Treasury division, stable operating performance, and efficiency benefits. The quarter saw a rise in business and home lending balances, and improved deposit performance. The bank remains committed to its refreshed strategy aimed at enhancing customer centricity and achieving sustainable growth, amidst an improving economic outlook but persistent cost of living and interest rate challenges. NAB has also been proactive in supporting customer convenience, fraud protection, and green financing initiatives.

National Australia Bank Acquires Substantial Stake in Spenda Limited
Feb 17, 2025

National Australia Bank Limited, through its subsidiary JBWere Limited, has become a substantial holder in Spenda Limited with a 13.576% voting power, holding 626,575,206 fully paid ordinary shares. This significant acquisition indicates a strategic investment in Spenda Limited, potentially impacting the company’s market position and shareholder dynamics.

NAB Announces Cessation of Securities in Strategic Buy-Back
Feb 16, 2025

National Australia Bank Limited announced the cessation of 425,358 ordinary fully paid securities as part of an on-market buy-back program. This move is indicative of NAB’s strategy to manage its capital structure effectively, potentially impacting shareholder value and market perceptions positively.

NAB Announces Cessation of 277,285 Ordinary Shares
Feb 12, 2025

National Australia Bank Limited has announced the cessation of 277,285 fully paid ordinary shares through an on-market buy-back, effective February 12, 2025. This move is part of NAB’s capital management strategy, which could potentially impact its share value and provide more robust returns for shareholders.

National Australia Bank Updates on Share Buy-Back Program
Feb 12, 2025

National Australia Bank Limited has announced an update regarding its ongoing share buy-back program, indicating a daily notification of shares repurchased. The bank continues to strategically manage its capital by buying back its ordinary fully paid shares, with 425,358 shares bought back on the previous day, contributing to a total of 79,722,667 shares repurchased under this program. This move reflects the bank’s efforts to improve shareholder value and optimize its capital structure.

NAB Announces Cessation of Securities via Buy-Back
Feb 11, 2025

National Australia Bank Limited has announced the cessation of 243,377 of its ordinary fully paid securities due to an on-market buy-back, effective February 11, 2025. This move is part of NAB’s capital management strategy, potentially improving shareholder value and optimizing its capital structure.

NAB Concludes On-Market Buy-Back of Securities
Feb 10, 2025

National Australia Bank Limited (NAB) announced the cessation of 523,145 ordinary fully paid securities due to an on-market buy-back. This reduction in issued capital is part of NAB’s strategic capital management initiatives, potentially enhancing shareholder value and optimizing the bank’s capital structure.

National Australia Bank Updates on Share Buy-Back Program
Feb 10, 2025

National Australia Bank Limited has announced an update regarding its ongoing buy-back program, which involves the repurchase of its ordinary fully paid shares. As of the latest notification, the bank has bought back a total of 79,438,631 securities, including 277,285 on the previous day. This buy-back initiative is part of NAB’s strategy to manage its capital more effectively, potentially enhancing shareholder value by reducing the number of shares outstanding.

NAB Ceases Over 272,000 Securities in Strategic Buy-Back
Feb 9, 2025

National Australia Bank Limited announced the cessation of 272,394 ordinary fully paid securities due to an on-market buy-back that occurred on February 7, 2025. This move is part of NAB’s capital management strategy, potentially impacting its financial structure and signaling confidence in its current valuation, which may affect stakeholders’ perception and market positioning.

NAB Updates on Ongoing Share Buy-Back Program
Feb 9, 2025

National Australia Bank Limited (NAB) has announced a daily update on its ongoing on-market buy-back program for its ordinary fully paid securities. As of February 10, 2025, the bank has repurchased a total of 78,917,969 securities, with an additional 243,377 securities bought back on the previous day. This move is part of NAB’s strategy to manage its capital structure and return value to shareholders, reflecting its strong financial position and commitment to enhancing shareholder value.

National Australia Bank Updates on Share Buy-Back Progress
Feb 6, 2025

National Australia Bank Limited has announced an update regarding its ongoing on-market buy-back program. As of the latest notification, the bank has repurchased a total of 78,394,824 ordinary fully paid securities before the previous day, with an additional 523,145 securities bought back on the previous day. This buy-back program is part of its strategy to enhance shareholder value by reducing the number of shares available in the market, potentially impacting its stock performance and market positioning.

National Australia Bank Ceases Securities in Strategic Buy-Back
Feb 6, 2025

National Australia Bank Limited announced the cessation of 267,576 ordinary fully paid securities due to an on-market buy-back, which took effect on February 6, 2025. This strategic move potentially impacts the bank’s capital structure and market positioning, reflecting a focus on optimizing shareholder value and managing equity levels effectively.

National Australia Bank Limited Announces Cessation of Securities
Feb 5, 2025

National Australia Bank Limited has announced the cessation of 267,224 ordinary fully paid securities as part of an on-market buy-back program, effective from February 5, 2025. This reduction in securities is part of the bank’s capital management strategy, likely aiming to optimize its capital structure and shareholder value.

National Australia Bank Updates Daily Buy-Back Notification
Feb 5, 2025

National Australia Bank Limited has updated its daily buy-back notification, revealing that it has repurchased 272,394 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 78,122,430. This ongoing buy-back program reflects the bank’s strategic efforts to manage its capital efficiently and strengthen shareholder value.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.