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NAB’s underlying profit rises 6.4% despite $949m software charge
8:24am on Monday 4th of May, 2026 AEST
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Financial Services
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NAB’s underlying profit rises 6.4% despite $949m software charge
8:24am on Monday 4th of May, 2026 AEST
Key Points
Revenue up 8.7% to $11.16 billion
Net profit down 19.3% due to $949m software amortisation
Underlying profit rises 6.4% excluding large notable items
Credit impairment charge rises to $706 million
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National Australia Bank (ASX:NAB)
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