National Australia Bank (NAB) Stock Price, Fundamentals & Analysis

What NAB does

National Australia Bank (NAB) is a stock listed on the ASX in the Financial Services sector, under the Banks - Diversified industry. Headquartered in Melbourne, Australia, it provides financial services to individuals and businesses across Australia, New Zealand, Europe, Asia, the United States, and internationally. The bank operates through segments including Business and Private Banking, Personal Banking, Corporate and Institutional Banking, New Zealand Banking, and Corporate Functions and Other. It accepts transaction accounts, savings accounts, debit cards, and term deposits, and offers home loans, personal loans, business loans, vehicle and equipment finance, trade and invoice finance, business overdrafts, and bank guarantees. It also provides insurance products such as home and content, landlord, travel, car, caravan and trailer, life, and business insurance, along with self-managed super funds, cash management, and financial advice services.

Key numbers explained

• 38.54 AUD is the current share price, the amount you would pay for one share on the ASX.
• +1.02% is the price change today, showing the percentage move in the share price so far this trading day.
• 117.98 mld. AUD is the market capitalisation, the total value of all outstanding shares; it places NAB among the larger companies on the ASX 200.
• Trailing P/E ratio of 19.3 divides the current share price by the last 12 months of earnings per share (2 AUD), showing how much investors pay for each dollar of recent earnings.
• Forward P/E ratio of 15.8 uses expected future earnings instead of past earnings, which can make the valuation look lower if earnings are expected to grow.
• Dividend yield of 4.41% is the annual dividend as a percentage of the share price, indicating the cash return shareholders receive relative to the price they pay.
• 85% of earnings are paid out as dividends, meaning the company returns most of its profit to shareholders and retains the remainder for growth or buffers.
• Beta of 0.71 suggests the share tends to move less than the overall market, which can mean lower volatility in a diversified portfolio.
• The 52-week range of 35.48 – 49.45 AUD shows the lowest and highest prices over the past year, while the -13% change over that period indicates a decline from one year ago to today.
• Revenue growth of 6.1% year over year and a profit margin of 29.3% show how sales and earnings have developed on a percentage basis.
• Price-to-book of 1.95 compares the share price to the company's book value per share, a common way to assess whether a bank's shares trade above or below its accounting net assets.

What to watch

• NAB operates in the Banks - Diversified industry, so its performance is tied to interest rate movements, lending demand, and the economic conditions in Australia, New Zealand, and its other key markets.
• The bank's earnings release on 5 nov. 2026 will update the market on profit trends, credit quality, and guidance, which can influence the share price.
• The exDividendDate of 7 mai 2026 is the key date for shareholders to own the stock in order to receive the next dividend payment.
• As a large, established bank, NAB is often compared with peers such as Commonwealth Bank (CBA), Argo Investments (ARG), Bendigo & Adelaide Bank (BEN), Metrics Master Income Trust (MXT), Computershare (CPU), and BSP Financial Group (BFL), which can help investors understand its relative position.
• Broader factors such as regulatory changes, housing market trends, and currency movements can affect banks like NAB, and these are worth monitoring alongside the company's own results.