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National Australia Bank (NABZY)
OTHER OTC:NABZY
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Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.37Last Year’s EPS
0.37Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 02, 2019
|% Change Since: -2.69%
|Next Earnings Date:Nov 01, 2018
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed performance with solid achievements in business banking and customer deposit growth, while facing challenges like decreased cash earnings and asset quality deterioration. Despite some positive strategic developments, competitive pressures and reduced ROE highlight ongoing challenges.Company Guidance
During the call, NAB provided guidance on several key metrics for the fiscal year 2024. The bank reported an 8.1% decline in cash earnings, primarily due to a 6.9% decrease in underlying earnings driven by lower revenue and higher costs. The cash return on equity decreased to 11.6%, with a final dividend of $0.85 per share bringing the total dividend to $1.69, representing 73.7% of cash earnings. NAB maintained a strong common equity Tier 1 ratio of 12.35%, comfortably above the target range of 11% to 11.5%. The liquidity coverage ratio and net stable funding ratio remained well above the minimum requirements. Investment spend is set to increase to approximately $1.8 billion in FY '25, up from $1.64 billion in FY '24, with a focus on customer advocacy and technology modernization. Additionally, the bank completed $7.4 billion in buybacks over the last three years, enhancing fiscal 2024 return on equity by around 85 basis points. Despite challenging economic conditions, NAB's collective provisioning coverage stayed robust at 1.47%, with a total collective provision balance of $5.2 billion.Resilient Australian Economy
The Australian economy has shown resilience with easing inflationary pressures and a potential soft landing anticipated. Business conditions have remained sound, supported by consumer demand and robust levels of business activity.
Strong Business Banking Performance
Business Lending in Business and Private Banking grew by 8% year-on-year, outperforming the system, indicating strong balance sheet outcomes with 35% growth in total lending and 46% growth in deposits over the last four years.
Increase in Customer Deposits
Customer deposits funded 83% of lending, up from 70% in 2019, reflecting a consistent focus on growing customer deposits.
Launch of NAB Goodies Loyalty Program
The NAB Goodies program successfully launched with 2.8 million visits and over $3 million paid in cashbacks since June, enhancing customer engagement.
Improvement in Net Promoter Scores
Business Net Promoter Scores improved in the second half, suggesting better customer experience management compared to the first half.
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NABZY 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
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NABZY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $12.64 | $12.88 | +1.90% |
| May 01, 2024 | $10.50 | $10.72 | +2.10% |
| Nov 08, 2023 | $8.68 | $8.63 | -0.58% |
| May 03, 2023 | $8.57 | $8.02 | -6.42% |
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.
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FAQ
When does National Australia Bank (NABZY) report earnings?
National Australia Bank (NABZY) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is National Australia Bank (NABZY) earnings time?
National Australia Bank (NABZY) earnings time is at May 07, 2025, TBA Not 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 NABZY EPS forecast?
NABZY EPS forecast for the fiscal quarter 2025 (Q2) is 0.37.
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