# National Australia Bank financial performance

> Live situation record from CLSTR: https://clstr.news/situations/national-australia-bank-financial-performance
> Updated: 2026-08-31T00:31:12.000Z. Sources: 9. Developments: 3.

National Australia Bank (NAB) reported third-quarter profits for 2026, showing growth compared to the previous year. Initial reports indicated a cash profit of $1.83 billion, a 4% increase, driven by lower bad debt charges. Subsequent reporting confirmed a statutory net profit of A$1.8 billion, a 9% increase, which the bank attributed to strong loan volumes and well-managed margins.

Financial metrics showed a 6% year-on-year increase in total gross loans and acceptances, reaching A$817.4 billion. Home lending grew by 4% to A$451.4 billion, while business lending rose by 2% to A$352.4 billion. Deposit balances also increased by 7% to A$685.4 billion. Despite these gains, the bank noted a slight decline in net interest margin, which fell by 2 basis points to 1.79%. Rising expenses were linked to technology costs, payroll remediation, and software capitalisation policies.

Regarding the broader market, NAB issued a cautious outlook for the housing sector, citing geopolitical uncertainty, federal tax changes, and high interest rates. The bank projected housing credit growth of only 2.5% for FY27, anticipating a 1.4% contraction in investor lending. This slowdown is reflected across the industry; major lenders reported double-digit declines in mortgage applications, with Westpac seeing a 20% fall and Commonwealth Bank a 15% drop. Equifax data noted overall mortgage demand fell 16.4% in the year to July.

Looking ahead, consensus estimates project fully franked dividends of $1.70 per share in FY26 and $1.72 in FY27, with earnings per share expected to grow from $2.38 to $2.54.

## Timeline

### 2026-08-31: National Australia Bank maintains stable dividend and earnings outlook

National Australia Bank (NAB) shows a stable outlook with projected dividend growth and strong business banking ties, despite a workplace culture rating slightly below the sector average.

2 sources. https://clstr.news/cluster/national-australia-bank-maintains-stable-dividend-and-earnings-outlook

### 2026-08-18: National Australia Bank reports 9% rise in Q3 profit

National Australia Bank reported a 9% year-on-year increase in Q3 2026 statutory net profit to A$1.8 billion, driven by growth in loans and deposits.

3 sources. https://clstr.news/cluster/national-australia-bank-reports-9-rise-in-q3-profit

### 2026-08-14: National Australia Bank reports profit rise amid cautious housing outlook

NAB reported a $1.83 billion quarterly profit but warned of a cooling housing market. Australia's major banks are seeing double-digit declines in mortgage applications amid high interest rates and tax changes.

9 sources. https://clstr.news/cluster/national-australia-bank-dividend-projections-and-valuation-analysis

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Cite as: National Australia Bank financial performance. CLSTR, https://clstr.news/situations/national-australia-bank-financial-performance