National Australia Bank is one of four major banks operating in oligopolistic Australia and New Zealand markets. It is Australia's biggest business bank, offering a full range of banking and financial services to the consumer, small business, and corporate sectors, with significant operations in New Zealand.
Management focus is on the successful, lower-risk, and profitable domestic banking. Economies of scale, pricing power, a strong balance sheet, and high credit ratings provide a robust platform to drive growth.
A slowdown in core earnings growth could come from slower business loan growth, margin compression, falling fee income, and a worse-than-expected loan loss outcome.
|
Metric
|
NAB
|
ANZ
|
CBA
|
|---|---|---|---|
Price/Earnings (Normalized) | 18.60 | 11.73 | 22.55 |
Price/Book Value | 1.92 | 1.58 | 3.18 |
Price/Sales | 5.39 | 5.29 | 8.38 |
Price/Cash Flow | 185.89 | — | — |
|
Metric
|
NAB
|
ANZ
|
CBA
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
|
Metric
|
NAB
|
ANZ
|
CBA
|
|---|---|---|---|
Return on Assets (Normalized) | 0.55% | 0.46% | 0.78% |
Return on Equity (Normalized) | 9.89% | 8.42% | 14.04% |
Return on Invested Capital (Normalized) | — | — | — |
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1-Day Chart
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Name
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Price
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Morningstar Rating for Stocks
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Capital Allocation
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Economic Moat
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Market Cap
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United States