National Australia Bank Ltd

NAB: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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National Australia Bank: First Quarter Outperforms; Market Pricing in Further Upside

Nathan Zaia

Feb 18, 2026

National Australia Bank's first-quarter profit of AUD 2 billion jumped 16% on the average of the prior two quarters. Loan growth and a modest improvement in net interest margins drove the top line, while operating expenses were held flat, and loan impairment expenses fell. Shares rose 4%.

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National Australia Bank Ltd

National Australia Bank: First Quarter Outperforms; Market Pricing in Further Upside

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