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NAB Navigates 1Q25 with Revenue Growth Amid Rising Credit Costs
6:48am on Monday 2nd of June, 2025 AEST
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Banking
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NAB Navigates 1Q25 with Revenue Growth Amid Rising Credit Costs
6:48am on Monday 2nd of June, 2025 AEST
Key Points
Cash earnings declined 2% compared to 2H24 quarterly average
Revenue grew 3%, driven by Markets & Treasury income
Credit impairment charges increased to $267 million
Group CET1 ratio fell to 11.6% due to dividend payments and asset growth
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National Australia Bank (ASX:NAB)
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