- NAB projects a fiscal year 2025 (FY25) cost growth of approximately 4.5%.
- Payroll issues are anticipated to cost around A$130 million in FY25, impacting operating expenses.
- The ongoing payroll review and remediation create uncertainty regarding total costs.
- NAB reports an unaudited cash profit of A$1.77 billion and an unaudited statutory net profit of A$1.66 billion.
- The bank’s Common Equity Tier 1 capital ratio is reported at 12.1%.
- NAB has incurred credit impairment charges totaling A$254 million.
- Despite challenges, NAB remains optimistic about future prospects.
- The bank targets productivity savings exceeding A$400 million for FY25.
- Analyst ratings for NAB include 2 buys, 8 holds, and 6 sells.
A look at National Australia Bank Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, the long-term outlook for National Australia Bank is generally positive. With a strong Dividend score of 4, investors can expect solid returns in the form of dividends. The company also scores well in Momentum, indicating a positive trend in its stock performance. While Value and Growth scores are at a moderate level of 3, the Resilience score of 3 suggests stability in the face of market fluctuations. Overall, the company appears to be in a favorable position for long-term growth and income generation.
National Australia Bank Limited, an international banking group with operations across various continents, offers a wide range of financial services including banking, credit facilities, investment banking, wealth management, and insurance. With a diversified presence in Australia, New Zealand, Europe, Asia, and the United States, the company is well-positioned to tap into different markets and cater to a diverse customer base. With its strong focus on dividends, momentum, and resilience, National Australia Bank seems to be poised for steady growth and stability in the foreseeable future.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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