BRIEF-NAB Posts Qtrly Unaudited Cash Earnings Of A$1.74 Bln

Reuters
19 Feb
BRIEF-NAB Posts Qtrly Unaudited Cash Earnings Of A$1.74 Bln

Feb 19 (Reuters) - National Australia Bank Ltd NAB.AX:

  • QTRLY UNAUDITED CASH EARNINGS A$1.74 BILLION

  • AS AT DEC 31, GROUP CET1 RATIO 11.6%

  • IN QUARTER SMALL DECLINE IN NET INTEREST MARGIN

  • CONTINUE TO TARGET PRODUCTIVITY SAVINGS IN EXCESS OF A$400 MILLION IN FY25

  • OPERATING EXPENSE GROWTH IN FY25 TO BE LOWER THAN FY24 GROWTH OF 4.5%

  • CONTINUE TO TARGET OPERATING EXPENSE GROWTH IN FY25 TO BE LOWER THAN FY24 GROWTH OF 4.5%

Further company coverage: NAB.AX

((Reuters.Briefs@thomsonreuters.com;))

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