ASX:NABBanks
National Australia Bank (ASX:NAB) Is Down 5.8% After Credit Costs Jump And DRP Announced - What's Changed
National Australia Bank recently disclosed that first-half credit impairment costs are expected to reach about A$706 million, roughly double prior levels, while also revising its software capitalisation policy so more technology spending will be expensed from the second half of 2026.
To reinforce its capital position amid heightened global uncertainty surrounding the Iran war, NAB is offering a discounted, partially underwritten dividend reinvestment plan that could raise up to...