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An update from National Australia Bank Limited ( (AU:NAB) ) is now available.
National Australia Bank Limited has announced changes to its financial reporting that will affect the presentation of its income statement and divisional financial information for the fiscal year 2025. These changes, which do not impact the bank’s cash earnings or net profit, include the reclassification of customer portfolios between divisions to better meet service needs, adjustments to the presentation of volume-related fees and commissions, and refined treatment of revenue from customer loans and deposits in New Zealand. The adjustments aim to align with industry practices and provide clearer financial disclosures, with implications for how income and expenses are reported across different divisions.
The most recent analyst rating on (AU:NAB) stock is a Sell with a A$31.23 price target. To see the full list of analyst forecasts on National Australia Bank Limited stock, see the AU:NAB Stock Forecast page.
More about National Australia Bank Limited
National Australia Bank Limited (NAB) operates in the financial services industry, providing a range of banking and financial products including personal banking, business banking, and wealth management services. The bank focuses on serving customers in Australia and New Zealand, aligning its services to meet the needs of various customer segments.
Average Trading Volume: 4,219,928
Technical Sentiment Signal: Buy
Current Market Cap: A$133.6B
See more insights into NAB stock on TipRanks’ Stock Analysis page.