National Australia Bank Limited (NABZY) Research
Established in Melbourne, Australia, in 1834, National Australia Bank Limited (NABZY) is a prominent financial institution delivering a broad spectrum of banking and financial solutions. It serves individual customers and commercial clients across Australia, New Zealand, and international markets. The bank structures its operations through key segments such as Business and Private Banking, Personal Banking, Corporate and Institutional Banking, and New Zealand Banking, supported by Corporate Functions. NAB's offerings include a diverse range of deposit products, from standard transaction, savings, and term accounts to specialized options like foreign currency, business interest, statutory trust, and farm management accounts. Its lending services span home, personal, and business loans, vehicle and equipment financing, trade and invoice finance, alongside business overdrafts and bank guarantees. Furthermore, the company provides a comprehensive suite of insurance products, covering car, home and contents, landlord, travel, caravan and trailer, life, and business needs. Wealth management is another core area, encompassing pension and superannuation services, self-managed super funds, cash management, and financial planning and advisory. Additional services include various investment products, credit, debit, and business cards, payment processing and merchant services, travel support, robust online and internet banking platforms, dedicated small business solutions, international and foreign exchange capabilities, and sector-specific banking services.
Market snapshot
- Symbol
- NABZY
- Price
- $12.92
- Day change
- -0.54%
- Market cap
- $115.5B
- P/E ratio
- 18.92x
- 52-week range
- 11.76-18.13
- Sector
- Financial Services
- Industry
- Banks - Diversified
- Next earnings
- in 5 months
- Analyst price target
- $38.00
Recent news
- National Australia Bank posts first-half profit miss, warns of Middle East conflict risks
National Australia Bank reported weaker-than-expected first-half cash earnings on Monday, hurt by one-off and impairment charges, while cautioning that the Iran war posed risks to its underlying asset quality.
- National Australia Bank flags $503 million impairment hit on Mideast volatility
Australia's largest business lender, National Australia Bank , on Monday said it expects to incur credit impairment charges of A$706 million ($503 million) in the first half, as the Iran war roils the global economy and financial markets.
- National Australia Bank to cut 170 jobs amid offshore expansion
Australia's Finance Sector Union said on Thursday that National Australia Bank is proposing cutting about 170 jobs across the country as part of a restructuring of its business division, which will also create new roles offshore.
Peer companies
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