<\/p>\n
Australia\u2019s top business lender has posted cash earnings of A$2 billion for the quarter ended Dec 3.<\/p>\n
National Australia Bank\u2019s (NAB) shares shot to a record high after the top business lender reported a 16 per cent growth in its first-quarter cash earnings on Wednesday (Feb 18), driven by strong performance across its business and home lending segments.<\/p>\n
Shares of the lender rose as much as 5.8 per cent to an all-time high of A$47.96, also marking their best trading session since Apr 10 last year.<\/p>\n
Australia\u2019s top business lender posted cash earnings of A$2 billion for the quarter ended Dec 31, higher than A$1.7 billion reported a year ago.<\/p>\n
The bank\u2019s biggest segment, business banking, saw a 7 per cent increase in quarterly volumes with a 3 per cent growth in the Business & Private Banking segment.<\/p>\n
All of this comes as competition intensifies, with peers Commonwealth Bank of Australia and Westpac Banking locked in a fight to grab more customers and grow their market share.<\/p>\n
Hot on its heels, quarterly housing loan volumes rose 5 per cent with Australian home lending growth outpacing the broader market, excluding the runoffs from its Advantedge unit.<\/p>\n
NAB had announced last year that it would migrate all existing Advantedge home loans to NAB branded home loans in late 2026.<\/p>\n
NAB\u2019s net interest margin, a closely watched measure of lending profitability, increased two basis points to 1.8 per cent, it said.<\/p>\n
Meanwhile, the bank\u2019s measure of its spare cash or common equity tier 1 (CET1) ratio slipped to 11.48 per cent in the first quarter, from 11.6 per cent last year.<\/p>\n
\u201cOverall, a very strong headline beat underpinned by a great quarter in M&T (Markets & Treasury) and in better asset quality,\u201d Citi analysts wrote.<\/p>\n
\u201cCET1 remains the clear negative out of this result, and weaker vs what we saw in November, which could remain an overhang on what was a good quarter.\u201d<\/p>\n
\u201cNAB is well placed to manage our bank for the long term and to support our customers, while delivering sustainable growth and returns for shareholders,\u201d said NAB CEO Andrew Irvine.<\/p>\n
NAB brings the curtain down on \u201cBig Four\u201d banks\u2019 February earnings season and keeps the upbeat tone set by CBA last week, when it delivered record first-half cash earnings on the back of market share gains across home loans, business loans, and deposits.<\/p>\n
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Australia\u2019s top business lender has posted cash earnings of A$2 billion for the quarter ended Dec 3. National Australia Bank\u2019s (NAB) shares shot to a record high after the top business lender reported a 16 per cent growth in its first-quarter cash earnings on Wednesday (Feb 18), driven by strong performance across its business and […]<\/p>\n","protected":false},"author":1,"featured_media":5588,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5587","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/02\/National-Australia-Bank-7-1140x445.jpeg",1140,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/02\/National-Australia-Bank-7-463x348.jpeg",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/02\/National-Australia-Bank-7-300x225.jpeg",300,225,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/02\/National-Australia-Bank-7.jpeg",1200,900,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/5587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=5587"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/5587\/revisions"}],"predecessor-version":[{"id":5589,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/5587\/revisions\/5589"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/5588"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=5587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=5587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=5587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}