NAB 0.54% $25.77 national australia bank limited

*** NAB lower EPS and Profit growth forecast

  1. 346 Posts.

    Have a closer look. the instutions will be.
    - Exiting Homeside is not unexpected.
    - Buyback extension is equivalent to about 40 days of buyback at 0.5M per day
    - However, the analysts will focus on the below in coming days which was not expected: Effectively lower profit and EPS growth. Expect it to be sold off to $34.00 in the next day or two. Don't get sucked in on the headline.

    -------
    NAB have indicated that FY02 cash EPS growth is LIKELY TO DROP from 7-10% expectations due to the following:

    --(1.5%) due to investment markets
    --(1.0%) Currency

    Recurring profit outlook 6-8% growth

    --(1.3%) NAFM refund
    --(1.6%) 2H HomeSide loss

    Cash EPS outlook after non-recurring items is 3-5%

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Last
$25.77
Change
-0.140(0.54%)
Mkt cap ! $85.02B
Open High Low Value Volume
$25.80 $25.87 $25.67 $123.2M 4.784M

Buyers (Bids)

No. Vol. Price($)
1 50 $25.75
 

Sellers (Offers)

Price($) Vol. No.
$25.77 54907 3
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Last trade - 16.10pm 29/07/2021 (20 minute delay) ?
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Last
$25.73
  Change
-0.140 ( 0.75 %)
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$25.81 $25.87 $25.67 538834
Last updated 15.59pm 29/07/2021 (live) ?
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