Feb 19 (Reuters) - National Australia Bank NAB.AX reported a 3% drop in its cash earnings for the first quarter on Wednesday, impacted by higher credit impairment charges and income tax expense, which offset growth in underlying profit.
The country's top business lender posted cash earnings of A$1.74 billion ($1.11 billion) for the quarter ended December 31, lower than A$1.80 billion reported a year ago.
That compares with a Visible Alpha consensus estimate of A$1.77 billion, as per Citi.
($1 = 1.5743 Australian dollars)
(Reporting by Sameer Manekar and Shivangi Lahiri in Bengaluru; Editing by Alan Barona)
((Sameer.Manekar@thomsonreuters.com;Shivangi.Lahiri@thomsonreuters.com))
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