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National Australia Bank Ltd - Stock Quote NAB

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Morningstar's National Australia Bank Ltd Stock Analysis

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A Less Uncertain Future for Australian Banks, Particularly on the Downside

Nathan Zaia Senior Equity Analyst

Analyst Note

| Nathan Zaia |

We bring our uncertainty ratings on the major banks back to medium, from high, as we believe COVID-19-related risks have materially subsided.

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National Australia Bank Ltd's Company Profile

Business Description

National Australia Bank is the most business-focused of the four major banks, holding the largest share of business loans and the number-three spot in home loans. National Australia Bank is currently the third-largest bank by market capitalisation, with the franchise covering consumer, small business, corporate, and institutional sectors. Under the UBank brand the bank also owns one of Australia’s largest digital-only banks. Offshore operations in New Zealand round out the group.

395 Bourke Street, Level 28
Melbourne, VIC, 3000, Australia
T +61 388722461
Sector Financial Services
Industry Banks - Diversified
Most Recent Earnings
Fiscal Year End Sep 30, 2022
Stock Type
Employees 33,433