NAB 0.48% $39.51 national australia bank limited

News: NAB National Australia Bank Q1 profit falls 3 pct

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    Feb 7 (Reuters) - National Australia Bank Ltd (NAB) reported a 3 percent fall in first-quarter cash profit on Thursday as margins fell on pressures in home lending.

    NAB posted unaudited cash earnings of A$1.65 billion ($1.21 billion) for the three months ended Dec. 31.

    Australia's four major banks are paying the cost of years of poor compliance and misconduct, exposed in a special government-led inquiry.

 
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