National Australia Bank: The Good And The Bad
Source: SeekingAlpha
2025-06-05 06:36:11 ET
Summary
- I maintain a Hold rating for National Australia Bank after evaluating its valuations and outlook.
- It's positive that NABZY is gaining deposit share and reducing its dependence on intermediaries for mortgage sourcing.
- The company's margins could be negatively impacted by greater competitive intensity in the SME segment and rising costs.
- The stock is fairly valued; the bank's dividend yield and P/E metrics are roughly at the same level as its closest peer.
I remain Neutral on National Australia Bank ( NABZY ) ( NAUBF ) (NAB.AX). NABZY's housing loans segment and cash distributions were in the spotlight for my prior July 9, 2024, update ....
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National Australia Bank: The Good And The Bad
National Australia Bank Ltd.
NASDAQ: NAUBF
NAUBF Trading
-59.26% G/L:
$30.76 Last:
60,543 Volume:
$30.76 Open:
