Article

Sydney Morning Herald on 2023-05-04 00:27

Rising interest rates help drive NAB profit up 17 per cent to $4.1 billion

NAB shareholders will receive higher dividends after the lender’s bottom line benefited from rising interest rates and low bad debts.

Australia

Related news

NAB profit down 37 per cent, dividend scaled back Sydney Morning Herald
New Zealand
NAB third-quarter profit jumps to $1.8b Sydney Morning Herald
Australia
NAB profit hits $7.7 billion despite ‘challenging’ environment Sydney Morning Herald
The Market , Australia
NAB profit falls 14 per cent to $5.7b, hit by compensation payments Sydney Morning Herald
ANAB profit up as it sheds non core assets adelaidenow.com.au
Japan , Australia
NAB extends crackdown on interest-only home loans Sydney Morning Herald
Australia , Australia
NAB third-quarter profit dips 3 per cent as funding costs, soured loan charges rise theage.com.au
NAB benefits from rate rises, posts $7.1 billion profit Sydney Morning Herald
ANAB hikes interest rate adelaidenow.com.au
NAB profits jump 19 per cent to $2.05b, helped by RBA’s rate hikes Sydney Morning Herald
The Market
NAB third-quarter profits rise 9 per cent to $1.75 billion Sydney Morning Herald
United States , New Zealand , Australia , United Kingdom
CBA profits jump 13 per cent on back of rising interest rates Sydney Morning Herald
The Market
ANZ surges to record $3.8b profit on back of rising interest rates Sydney Morning Herald
New Zealand , Australia
Australia’s NAB Gets Profit Lift wsj.com
Australia , Australia
NAB posts $1.9b third-quarter profit, hurt by ‘modest deterioration’ in loans Sydney Morning Herald
NAB boss highlights household stress as inflation, soaring rents bite Sydney Morning Herald
The Market , Australia , Sydney
NAB sailing the RBA winds to profit Sydney Morning Herald
Melbourne , Sydney , Australia
NAB boss rings alarm on housing crisis Sydney Morning Herald
The Market , Australia , New Zealand , Australia
CBA, NAB to cut savings interest rates Sydney Morning Herald