Executive Summary
National Australia Bank Limited provides financial services to individuals and businesses in Australia, New Zealand, Asia, the United States, and the United Kingdom.
Snowflake
Fundamentals
Flawless balance sheet average dividend payer.
Similar Companies
Share Price & News
How has National Australia Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
3.9%
ASX:NAB
2.6%
AU Banks
0.5%
AU Market
1 Year Return
5.7%
ASX:NAB
6.4%
AU Banks
6.3%
AU Market
NAB underperformed the Banks industry which returned 7.6% over the past year.
NAB matched the Australia Market (6.3%) over the past year.
Share holder returns
| NAB | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.9% | 2.6% | 0.5% |
| 30 Day | 7.8% | 7.1% | 4.6% |
| 90 Day | 9.0% | 2.6% | 2.1% |
| 1 Year | 13.6%5.7% | 13.5%6.4% | 12.3%6.3% |
| 3 Year | 32.3%7.6% | 27.7%6.4% | 41.4%22.4% |
| 5 Year | 33.7%-12.0% | 30.4%-5.3% | 49.4%16.6% |
Price Volatility Vs. Market
How volatile is National Australia Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Need To Know: National Australia Bank Limited (ASX:NAB) Insiders Have Been Buying Shares3 weeks ago | Simply Wall St
Do Investors Have Good Reason To Be Wary Of National Australia Bank Limited's (ASX:NAB) 6.1% Dividend Yield?1 month ago | Simply Wall St
Is National Australia Bank Limited's (ASX:NAB) Future Growth Already Accounted For In Today's Price?Valuation
Is National Australia Bank undervalued based on future cash flows and its price relative to the stock market?
13.59x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
National Australia Bank's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
National Australia Bank's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
National Australia Bank is overvalued based on earnings compared to the AU Banks industry average.
National Australia Bank is good value based on earnings compared to the Australia market.
Price Based on Expected Growth
National Australia Bank is poor value based on expected growth next year.
Price Based on Value of Assets
National Australia Bank is overvalued based on assets compared to the AU Banks industry average.
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Future Growth
How is National Australia Bank expected to perform in the next 1 to 3 years based on estimates from 12 analysts?
9.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
National Australia Bank's revenue is expected to grow by 3.4% yearly, however this is not considered high growth (20% yearly).
National Australia Bank's earnings are expected to grow by 9.1% yearly, however this is not considered high growth (20% yearly).
National Australia Bank's revenue growth is expected to exceed the Australia market average.
National Australia Bank's earnings growth is positive but not above the Australia market average.
National Australia Bank's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Earnings per Share Growth Estimates
Future Return on Equity
National Australia Bank is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
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Past Performance
How has National Australia Bank performed over the past 5 years?
1.9%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
National Australia Bank's year on year earnings growth rate has been positive over the past 5 years.
National Australia Bank's 1-year earnings growth is negative, it can't be compared to the 5-year average.
National Australia Bank's 1-year earnings growth is negative, it can't be compared to the AU Banks industry average.
Return on Equity
National Australia Bank has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
National Australia Bank used its assets less efficiently than the AU Banks industry average last year based on Return on Assets.
Return on Capital Employed
Unable to establish if National Australia Bank improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
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Financial Health
How is National Australia Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Information is not available.
Information is not available.
Financial Institutions Analysis
National Australia Bank has an acceptable proportion of non-loan assets held.
National Australia Bank has a sufficient allowance for bad loans.
National Australia Bank's liabilities are made up of primarily low risk sources of funding.
National Australia Bank's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
Loans at National Australia Bank are broadly funded by customer deposits.
National Australia Bank has an acceptable level of bad loans (less than 2%).
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Dividend
What is National Australia Bank's current dividend yield, its reliability and sustainability?
5.77%
Expected Dividend Yield
Dividend Yield and Payments Analysis
National Australia Bank's pays a higher dividend yield than the bottom 25% of dividend payers in Australia (2.44%).
National Australia Bank's dividend is above the markets top 25% of dividend payers in Australia (5.52%).
Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
Dividends per share have fallen over the past 10 years.
Current Payout to Shareholders
Dividends paid are covered by earnings (1.2x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be covered by earnings (1.3x coverage).
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Management
What is the CEO of National Australia Bank's salary, the management and board of directors tenure and is there insider trading?
2.0yrs
Average management tenure
CEO
Phil Chronican (63yo)
0.5yrs
Tenure
AU$434,655
Compensation
Mr. Philip Wayne Chronican, also known as Phil, B.Com (Hons), MBA (Dist), GAICD, SF Fin, has been Interim Group Chief Executive Officer at National Australia Bank Ltd. since March 1, 2019. He has been Chai ...
Management Age and Tenure
2.0yrs
Average Tenure
The tenure for the National Australia Bank management team is about average.
Board Age and Tenure
4.1yrs
Average Tenure
61yo
Average Age
The tenure for the National Australia Bank board of directors is about average.
Insider Trading
More shares have been bought than sold by National Australia Bank individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Non Executive Director |
| Shares | 1,743 |
| Max Price | AU$28.25 |
| Entity | Individual |
| Role | Chief Executive Officer Interim Group CEO & Director |
| Shares | 10,000 |
| Max Price | AU$24.16 |
| Entity | Individual |
| Role | Chief Executive Officer Interim Group CEO & Director |
| Shares | 1,000 |
| Max Price | AU$24.15 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 375 |
| Max Price | AU$26.71 |
Ownership Breakdown
Management Team
Phil Chronican (63yo)
Interim Group CEO & Director
- Tenure: 0.5yrs
- Compensation: AU$434.66k
A. Gall
Chief Customer Officer of Corporate & Institutional Banking
- Tenure: 5.1yrs
- Compensation: AU$2.45m
Ross Brown
Head of Investor Relations
- Tenure: 6yrs
Sharon Cook
Chief Legal & Commercial Counsel
- Tenure: 2.4yrs
- Compensation: AU$1.42m
Patrick Wright (52yo)
Chief Technology & Operations Officer
- Tenure: 0yrs
- Compensation: AU$3.67m
Anthony Healy
Chief Customer Officer of Business & Private Banking
- Tenure: 1.7yrs
- Compensation: AU$3.34m
Angie Mentis
MD & CEO of Bank of New Zealand
- Tenure: 1.7yrs
- Compensation: AU$3.57m
Rachel Slade
Chief Customer Experience Officer
- Tenure: 0.9yrs
- Compensation: AU$622.72k
Mike Baird
Chief Customer Officer of Consumer Banking
- Tenure: 2.4yrs
- Compensation: AU$2.29m
Andrew Dell
Chief Information Security Officer
- Tenure: 0yrs
Board Members
Phil Chronican (63yo)
Interim Group CEO & Director
- Tenure: 0.5yrs
- Compensation: AU$434.66k
Peeyush Kumar Gupta (60yo)
Non-Executive Director
- Tenure: 4.8yrs
- Compensation: AU$679.23k
Ann Sherry (65yo)
Non-Executive Director
- Tenure: 1.8yrs
- Compensation: AU$231.17k
Anthony Yuen (69yo)
Director
- Tenure: 9.5yrs
- Compensation: AU$292.50k
Geraldine McBride (58yo)
Non Executive Director
- Tenure: 5.5yrs
- Compensation: AU$262.50k
Ken Henry (61yo)
Chairman of the Board
- Tenure: 3.8yrs
- Compensation: AU$790.00k
David Armstrong (61yo)
Non Executive Director
- Tenure: 5.1yrs
- Compensation: AU$325.00k
Doug McKay (64yo)
Non-Executive Director
- Tenure: 4.1yrs
- Compensation: AU$502.22k
Anne Loveridge (58yo)
Non Executive Director
- Tenure: 3.8yrs
- Compensation: AU$295.00k
Andrej Korinšek
President of Supervisory Board
- Tenure: 0yrs
Company Information
National Australia Bank Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: National Australia Bank Limited
- Ticker: NAB
- Exchange: ASX
- Founded: 1858
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: AU$83.840b
- Shares outstanding: 2.88b
- Website: https://www.nab.com.au
Number of Employees
Location
- National Australia Bank Limited
- 800 Bourke Street
- Level 1
- Docklands
- Victoria
- 3008
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NABZ.Y | OTCPK (Pink Sheets LLC) | SPONS ADR EACH CNV INTO 5 NPV | US | USD | Feb 1985 | |
| NAUB.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| NAL | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| NAB | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jan 1992 |
| NABPB | ASX (Australian Securities Exchange) | PERP NON CUM CNV PRF SHS (NAB CPS II) | AU | AUD | Dec 2013 | |
| NABPD | ASX (Australian Securities Exchange) | FRN CNV PERP AUD1000 'REGS' | AU | AUD | Jun 2017 | |
| NABPF | ASX (Australian Securities Exchange) | FRN CNV LT2 06/2079 AUD1000 | AU | AUD | Mar 2019 |
Biography
National Australia Bank Limited provides financial services to individuals and businesses in Australia, New Zealand, Asia, the United States, and the United Kingdom. It operates through Consumer Banking an ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/16 10:33 |
| End of Day Share Price | 2019/09/16 00:00 |
| Earnings | 2019/03/31 |
| Annual Earnings | 2018/09/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.