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NAB Reports 8.7% Revenue Rise but Net Profit Falls 19.3% on $949m Software Charge
National Australia Bank’s half year to March 2026 saw revenue climb 8.7% to $11.16 billion while net profit dropped 19.3%, hit by a $949 million accelerated software amortisation. Excluding this, cash earnings edged 2.3% higher, underpinned by strong business banking growth and cautious credit provisioning amid geopolitical uncertainty.
4 May
Claire Turing