National Australia Bank Full Year 2024 Earnings: Revenues Beat Expectations

National Australia Bank (ASX:NAB) Full Year 2024 Results

Key Financial Results

• Revenue: AU$19.5b (down 1.6% from FY 2023).
• Net income: AU$7.06b (down 5.4% from FY 2023).
• Profit margin: 36% (down from 38% in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

National Australia Bank Revenues Beat Expectations

Revenue exceeded analyst estimates by 1.7%.

Looking ahead, revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Banks industry in Australia.

Performance of the Australian Banks industry.

The company's shares are up 3.8% from a week ago.

Risk Analysis

You still need to take note of risks, for example - National Australia Bank has 1 warning sign we think you should be aware of.

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