NAB Profit Misses Estimates as Software Costs Weigh on Bank
National Australia Bank Ltd. missed first-half profit estimates as robust loan growth was offset by higher software costs and credit provisions as the economy deteriorates.
ORIGINAL SOURCE →via Bloomberg Markets
ADVERTISEMENT
⚡ STAY AHEAD
Events like this, convergence-verified across 689 sources, land in your inbox every Sunday. Free.
GET THE SUNDAY BRIEFING →RELATED · AU
- [CONFLICT] Green forest fire notification in Australia
- [CONFLICT] Green forest fire notification in Australia
- [FINANCE] RBA decision: Interest rate hikes pushing recent buyers to the brink as borrowers face $58,000 hit - Yahoo Finance Australia
- [FINANCE] Aussie Rally May Fade as RBA Set to Temper Hikes, Analysts Say
- [CONFLICT] Australia news live: Chalmers says budget will pay down more debt; families of Bondi shooting victims to take stand at royal commission
- [CONFLICT] Australia to hold first antisemitism commission hearing after Bondi Beach interim report