Is National Australia Bank stock a buy right now?
National Australia Bank (NAB), a cornerstone of Australia's financial sector, is currently trading around AU$36.50, with average daily trading volumes of approximately 5.3 million shares reflecting enduring retail and institutional attention. Recent months have brought manageable headwinds to earnings, including tougher competition in lending and a modest rise in credit impairment charges tied to economic pressures. Nevertheless, a constructive mindset dominates the market, buoyed by NAB’s ability to grow deposits (up 2% in Q1 FY25), a robust capital position with a CET1 ratio at 11.6%, and an impressive fully franked dividend yielding 4.63% (gross yield of 6.62% with franking credits). The banking sector in Australia remains highly competitive, but NAB’s focus on operational efficiency—targeting AU$400 million in cost savings this year—and strengthening digital capabilities are viewed as key levers for ongoing improvement. While some technical signals suggest prudence might be warranted, short-term momentum indicators and the consensus of 32 national and international banks point to a target price of AU$47.45. This reflects ongoing confidence in NAB’s fundamentals and its capacity to deliver for shareholders as the sector adapts to evolving economic conditions.
- Strong fully franked dividend yield, offering attractive ongoing income for shareholders.
- Solid capital position and prudent balance sheet management underpin future stability.
- Consistent deposit growth, with improved performance in both retail and business segments.
- Digital transformation and customer-centric initiatives improving efficiency and retention.
- Status as a 'Big Four' bank ensures market leadership and robust competitive positioning.
- Net interest margins face pressure from heightened competition and funding costs.
- Recent technical indicators highlight potential volatility; long-term outlook requires patient monitoring.
- What is National Australia Bank?
- How much is National Australia Bank stock?
- Our full analysis on National Australia Bank </b>stock
- How to buy National Australia Bank stock in Australia?
- Our 7 tips for buying National Australia Bank stock
- The latest news about National Australia Bank
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring National Australia Bank’s performance for more than three years. Each month, hundreds of thousands of Australians rely on our insights to decode market trends and highlight the most promising investment opportunities. Our analyses are prepared purely for informational purposes and should not be considered as investment advice. Consistent with our ethical charter, we have never received, and will never accept, any payment from National Australia Bank.
What is National Australia Bank?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | Australia | Major Australian bank with strong presence locally and in New Zealand. |
| 💼 Market | ASX (Australian Securities Exchange) | Listed as NAB; part of Australia's Big Four banks. |
| 🏛️ ISIN code | AU000000NAB4 | Unique identifier for NAB shares traded on the ASX. |
| 👤 CEO | Andrew Francis Irvine | New CEO since April 2024, tasked with boosting efficiency and customer focus. |
| 🏢 Market cap | AU$111.75 billion | Large market cap reflects NAB's leading role in Australian banking sector. |
| 📈 Revenue | AU$19.91 billion (FY24) | Stable revenue; 3% growth recently, aided by higher Markets & Treasury income. |
| 💹 EBITDA | Not disclosed separately; Net profit AU$7.06 billion | EBITDA not reported; strong net profits despite expense growth. |
| 📊 P/E Ratio (Price/Earnings) | 16.16 | Indicates moderate valuation; slightly higher than sector average, suggesting limited upside. |
How much is National Australia Bank stock?
The price of National Australia Bank stock is rising this week. As of today, NAB shares are trading at AU$36.49, up AU$0.49 (+1.36%) in the last 24 hours and gaining 3.93% over the past week. The bank currently holds a market capitalisation of AU$111.75 billion, with a three-month average daily volume of 5.29 million shares.
Check out the best brokers in Australia!Compare brokersOur full analysis on National Australia Bank stock
After conducting a thorough review of National Australia Bank’s (ASX: NAB) latest financial results and assessing the stock’s trajectory over the past three years, our proprietary analysis—integrating robust financial indicators, technical market signals, sector data, and comparative benchmarking—yields timely insights for discerning investors. National Australia Bank, with its established reputation in Australia’s competitive financial sector, has recently delivered a blend of resilience and strategic advancement despite mixed analyst sentiment and challenging macroeconomic headwinds. So, why might National Australia Bank stock once again become a strategic entry point into the financial services sector for 2025?
Recent Performance and Market Context
Recent months have seen renewed vigour in NAB’s share price. As of May 3, 2025, NAB is trading at AU$36.49, marking a 1.36% daily gain and positioning the stock close to a technical resistance zone after a notable rebound. The 1-week gain (+3.93%) and 1-month performance (+6.14%) demonstrate positive momentum, underscoring renewed investor confidence after a weaker six-month spell (-7.64%). Over the one-year horizon, NAB achieved a +6.45% return—an outperformance relative to many global peers, though still 2.13% shy of the ASX 200 and underperforming the sector by 17.31%.
The market backdrop is evolving favourably. Australia’s economy is showing signs of stabilisation, while the RBA’s signals of potential interest rate steadiness may ease margin pressures on banks. This environment supports banking stocks with robust deposit franchises, like NAB, that are primed to respond to shifts in consumer and business confidence. Furthermore, recent upgrades in deposit and business lending (+2% quarter-on-quarter each) and improving macro data give grounds for optimism.
Other positive events include NAB’s delivery of a sound Q1 FY2025 trading update, robust capital ratios (CET1 at 11.6%), and continued focus on operational efficiency. The leadership transition to Andrew Irvine injects new energy and vision, positioning the bank for a sharper customer-centric trajectory.
Technical Analysis
An extensive technical assessment reveals a dynamic setup for NAB. Currently, a majority of moving averages (5-, 10-, 20-, 50-, and 100-day) generate strong ‘Buy’ signals, supported by continued price action above short-term support thresholds at AU$35.56 and AU$35.70. The 200-day SMA sits at AU$36.93, just above the current price and acting as the next technical hurdle; a decisive close above this level could unlock a medium-term bullish phase.
Oscillators such as the RSI (14) at 64.07 signal a moderate overbought condition, echoing the recent price surge. The Stochastic and Williams %R further confirm near-term overbought status, potentially implying some short-term volatility or minor retracement. However, the ADX (21.67) and a MACD cross near zero suggest that underlying momentum remains constructive.
From a trend analysis perspective, NAB has built a strong base around AU$35.60 and repeatedly tested resistance at AU$36.61. This tight trading range is a hallmark of a market searching for direction, but the preponderance of bullish short-term signals indicates that any upward move above AU$36.93 could catalyse further buying interest, particularly from technical traders. The moving average consensus reiterates a ‘Strong Buy’, bolstering confidence in the prevailing uptrend.
Fundamental Analysis
- Revenue & Profitability: FY2024 delivered AU$19.91 billion in revenue with a net profit of AU$7.06 billion. Q1 FY2025 saw continued revenue expansion (+3% QoQ), driven by enhanced Markets & Treasury activity.
- Capital and Dividends: The CET1 capital ratio stands at a solid 11.6%, ensuring balance sheet resilience. NAB’s forward P/E of 15.15 and a price-to-book of 1.82 signal a valuation that remains attractive versus historical averages and in light of the bank’s strong market position.
- Dividend Profile: With a fully franked yield of 4.63% (6.62% gross), NAB appeals to income-seekers, especially within Australia’s tax-advantaged environment for franked dividends. The consistent dividend payout ratio (~75%) indicates disciplined capital management.
- Strategic Expansion: NAB’s focus on customer centricity, digital transformation, and AU$400 million in targeted productivity savings for FY25 underline a commitment to operational efficiency and future-proofing the business.
- Structural Strengths: As one of Australia’s "Big Four" banks, NAB commands significant market share, a trusted brand, and a broad, diversified business across retail, commercial, and institutional banking. Its investment in technology and digital channels further fortifies its competitive edge.
Volume and Liquidity
Liquidity is a defining feature of NAB as an ASX heavyweight. The average daily volume hovers around 5.29 million shares, ensuring narrow bid-ask spreads and facilitating substantial institutional flows. This high liquidity evidences sustained investor engagement and confidence even through periods of volatility.
The free float is robust, and the market capitalisation (AU$111.75 billion) underpins NAB’s stability as a cornerstone of the ASX. Such liquidity and depth make NAB an ideal candidate for both short- and long-term investors seeking dynamic yet stable exposure to the financial sector.
Catalysts and Positive Outlook
- Strategic Execution: The transition to new CEO Andrew Irvine marks the onset of a refreshed strategic agenda centred on productivity, digital innovation, and customer experience.
- Operational Efficiency: Ongoing efforts to deliver AU$400 million+ in cost savings, combined with a commitment to slow expense growth below FY24 levels, lay the groundwork for improved margins and profitability.
- Macroeconomic Stability: As inflationary pressures ease and the interest rate environment becomes more predictable, Australian banks like NAB are better positioned to manage spreads and credit quality.
- Deposit and Lending Momentum: Q1 FY25 deposit growth (+2%) and business lending gains signal resilience and set the stage for further revenue expansion.
- ESG and Digital Transformation: NAB’s focus on digital transformation is enhancing customer loyalty and operational agility, while increased attention to ESG initiatives allows the bank to tap into new pools of sustainable capital.
- Dividend Reliability: The fully franked, high-yielding dividend is set to remain a key draw, particularly as global yields normalise and fixed income alternatives stabilise.
Investment Strategies
- Short-Term: With price consolidating near strong support and technical ‘Buy’ signals piling up, tactical traders may identify opportunity around current levels, especially should the share price close above the 200-day SMA (AU$36.93)—a potential breakout level.
- Medium-Term: Investors looking toward operational turnarounds and upcoming catalysts may favour an entry ahead of the next dividend, benefiting from both capital appreciation and income.
- Long-Term: For buy-and-hold portfolios, NAB’s blend of robust fundamentals, high dividend yield, and strategic transformation under new leadership provides a compelling case for inclusion—particularly as cyclical and regulatory headwinds abate and operational efficiency improvements filter through to the bottom line.
Positioning at current technical lows, especially in anticipation of further macro and internal catalysts, seems tactically sound. The ongoing stability and size of NAB’s deposit franchise, coupled with prudent capital management, are likely to underpin long-term value creation.
Is It the Right Time to Buy National Australia Bank?
National Australia Bank combines the scale and security of a dominant market incumbent with a clear trajectory towards innovation, efficiency, and shareholder value creation. The fundamentals justify renewed interest: resilient profitability, continued deposit and lending growth, prudent capital ratios, and a sustainable, fully franked dividend yield that is highly attractive for Australian investors.
On the technical front, NAB is approaching a pivotal threshold, with the convergence of bullish short-term indicators and strong liquidity underpinning the case for a new upside phase. The bank’s strategic focus on cost management, digital transformation, and leadership renewal, amid a stabilising economic backdrop, further enhances its investment profile.
While investors should remain attentive to sector-wide risks—such as ongoing competition and modest credit quality challenges—the convergence of technical, operational, and macroeconomic factors suggests NAB may be at the early stage of a new growth cycle. For those seeking stable exposure to Australia’s premier financial sector, National Australia Bank appears to represent an excellent opportunity, combining robust yield, disciplined capital management, and the promise of transformational upside in 2025 and beyond.
National Australia Bank’s current positioning and forward strategy merit serious consideration for investors seeking to capitalise on the sector’s cyclical revival—offering an enviable blend of yield, stability, and growth potential at a decisive moment for Australia’s banking landscape.
How to buy National Australia Bank stock in Australia?
Buying National Australia Bank (NAB) shares online is both straightforward and secure when using a regulated Australian broker. Today, investors can access NAB through two main methods: directly purchasing shares (spot buying) for long-term investment, or trading Contracts for Difference (CFDs) for leveraged exposure and flexibility. Both approaches can be managed within minutes from your computer or smartphone, with brokers providing protected platforms and regulatory safeguards. Each method suits different objectives and risk levels, so it’s important to understand the differences—see our broker comparison further down the page to help you decide.
Spot Buying
A cash (spot) purchase means you become a direct shareholder of National Australia Bank by buying its stock on the ASX through a brokerage account. You’ll typically pay a fixed commission per order, which, in Australia, is usually around AU$5–AU$10 depending on the broker.
Example
If NAB shares are trading at AU$36.49 each, and you have AU$1,000 to invest, including a brokerage fee of AU$5, you can buy approximately 27 shares (AU$36.49 × 27 = AU$985.23; total outlay = AU$990.23 including fee).
Gain scenario: If the share price rises by 10%, your 27 shares are now worth AU$1,083.90. Result: +AU$98.67 gross gain (about +10% on your investment), not including dividends.
Trading via CFD
Trading NAB shares via CFDs (Contracts for Difference) allows you to speculate on the share price movement without owning the underlying stock. CFDs enable leveraged trading—meaning you can access a larger position with a smaller initial outlay—but they also involve extra risks and costs, such as spreads (the small difference between buy and sell prices) and overnight financing fees if you keep positions open beyond a day.
Example
With AU$1,000 and 5x leverage, you open a CFD position equivalent to AU$5,000 worth of NAB shares.
Gain scenario: If NAB shares rise by 8%, your CFD position gains 8% × 5 = 40%. Result: You gain AU$400 on your AU$1,000 investment (excluding spreads/financing).
Final Advice
Before investing in National Australia Bank shares—whether by spot buying or trading CFDs—it’s essential to compare brokers’ fees, trading conditions, and available features to find the right fit for your needs. The choice between direct share purchase and CFDs comes down to your investment objectives, risk tolerance, and trading style. Take your time to explore our detailed broker comparison below before you make your first move.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, including ASIC (Australia). They are also regulated by the Central Bank of Ireland, the AMF in France, and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, including ASIC (Australia). They are also regulated by the Central Bank of Ireland, the AMF in France, and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including ASIC (Australia). It is also regulated by the FCA (UK) and CySEC (Europe). With over 30 million users worldwide, eToro is widely recognised for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5 USD. In the event that you remain inactive for 12 months or more, a $10 USD monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including ASIC (Australia). It is also regulated by the FCA (UK) and CySEC (Europe). With over 30 million users worldwide, eToro is widely recognised for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5 USD. In the event that you remain inactive for 12 months or more, a $10 USD monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Our 7 tips for buying National Australia Bank stock
| Step | Specific tip for National Australia Bank |
|---|---|
| Analyse the market | Review NAB's share price trends, recent performance, and economic outlook for Australia. Pay attention to NAB's solid position as a Big Four bank and its current mix of short-term momentum with longer-term caution. |
| Choose the right trading platform | Select an ASX-accredited online broker with competitive fees, research tools, and the ability to participate in NAB's Dividend Reinvestment Plan (DRP) if long-term compounding interests you. |
| Define your investment budget | Decide how much to invest based on your total portfolio and individual goals. Consider NAB’s moderate volatility and strong dividend yield—balance NAB holdings with other stocks for diversification. |
| Choose a strategy (short or long term) | For income-focused investors, a long-term, buy-and-hold strategy can leverage NAB’s fully franked dividends and market position. For active traders, note the current positive short-term signals for potential shorter trades. |
| Monitor news and financial results | Stay updated with NAB’s quarterly earnings reports, dividend announcements, and economic news, especially around interest rates and banking sector trends in Australia. |
| Use risk management tools | Set stop-loss or take-profit orders to protect capital in case of sudden market moves. Monitor technical indicators such as support/resistance levels and utilize NAB’s relatively low beta to manage risk. |
| Sell at the right time | Consider taking profits at technical resistance points or before major announcements that might impact Australian banks, while always aligning selling decisions with your initial investment goals. |
The latest news about National Australia Bank
National Australia Bank shares have shown strong short-term momentum with a 3.93% gain in the past week. This upward move comes on the back of successive daily climbs, bringing the stock to AU$36.49 and narrowing its year-to-date decline to just -1.64%. The strong rally reflects a positive local market reaction to NAB’s recent trading update and highlights robust investor appetite, positioning NAB as the third-largest financial services company on the ASX by market capitalization.
NAB’s interim dividend remains a key draw for Australian investors, with the next AU$0.84 per share fully franked payment expected in May 2025. The current dividend yield stands at 4.63%, or 6.62% gross when franking credits are included, making the stock particularly attractive for domestic income-focused portfolios. This solid dividend track record and the support of a 75% payout ratio provide confidence in NAB’s commitment to shareholder returns and tax-efficient income for Australian residents.
The bank’s Q1 FY2025 trading update reports resilient financial performance with steady deposit and business lending growth. NAB delivered a 2% quarter-on-quarter rise in deposits and a 2% increase in business lending, including 1% growth in SME facilities, signalling robust activity in the core Australian market. Revenue advanced 3%, principally due to performance in Markets & Treasury, while expenses rose only 2%. This steady operating momentum has reassured local analysts about NAB’s balance sheet strength and its prudent capital position, reflected in an 11.6% CET1 ratio.
Technical analysis points to continued short-term upside potential, supported by strong moving average signals. Current moving averages across 5 to 100 days all rate NAB as a ‘Buy,’ and the recent price action has pushed the stock above several key resistance levels. Although oscillators warn of ‘overbought’ territory in the immediate term, the overall consensus from technical short-term indicators signals further upward momentum, giving Australian traders reasons for optimism, albeit with some caution beyond the near term due to mixed longer-term signals.
NAB’s strategic focus on operational efficiency and digital transformation is delivering tangible results, positioning it well in the local banking landscape. Under its new CEO, Andrew Irvine, the bank targets productivity savings exceeding AU$400 million for FY25 and plans to keep expense growth below last year’s pace. These initiatives, together with an emphasis on customer centricity in Australia and New Zealand, are supporting improvements in service, deposit gathering, and cost discipline, reinforcing NAB’s competitive position in an evolving regulatory and economic environment.
FAQ
What is the latest dividend for National Australia Bank stock?
National Australia Bank stock currently pays a dividend. The most recent dividend is AU$0.84 per share (interim), expected to be paid in May 2025. NAB’s dividends are fully franked, meaning investors benefit from tax credits. The trailing twelve-month dividend totals AU$1.69 per share, and the gross yield (including franking credits) is notably attractive. NAB’s history of consistent dividend payments and a payout ratio of 75% reflect the bank’s commitment to returning value to shareholders.
What is the forecast for National Australia Bank stock in 2025, 2026, and 2027?
Based on the current share price of AU$36.49, the projected values are: AU$47.44 at the end of 2025, AU$54.73 at the end of 2026, and AU$72.98 at the end of 2027. These projections reflect positive momentum and the potential for strong mid-term performance. National Australia Bank’s position as a “Big Four” bank and its focus on operational efficiency and customer-centric growth bolster its outlook as the banking sector continues its digital transformation.
Should I sell my National Australia Bank shares?
Holding onto National Australia Bank shares may be appropriate for investors seeking exposure to Australia’s stable banking sector. NAB’s fundamentals remain strong, with robust capital adequacy, solid market share, and an appealing dividend yield. The company’s strategy, focusing on customer experience and operational efficiency, is designed to support resilience and sustainable growth. Historically, the bank has demonstrated adaptability through changing economic conditions, making it a potential candidate for long-term portfolios.
How are dividends from National Australia Bank stock taxed in Australia?
Dividends from National Australia Bank are fully franked, meaning they come with franking credits that can offset Australian income tax liabilities, reducing or even eliminating double taxation for residents. Investors declare both the cash dividend and franking credits in their tax return, and any excess franking credits can be refunded. This treatment makes NAB shares attractive for income-focused investors seeking tax-effective returns in Australia.
What is the latest dividend for National Australia Bank stock?
National Australia Bank stock currently pays a dividend. The most recent dividend is AU$0.84 per share (interim), expected to be paid in May 2025. NAB’s dividends are fully franked, meaning investors benefit from tax credits. The trailing twelve-month dividend totals AU$1.69 per share, and the gross yield (including franking credits) is notably attractive. NAB’s history of consistent dividend payments and a payout ratio of 75% reflect the bank’s commitment to returning value to shareholders.
What is the forecast for National Australia Bank stock in 2025, 2026, and 2027?
Based on the current share price of AU$36.49, the projected values are: AU$47.44 at the end of 2025, AU$54.73 at the end of 2026, and AU$72.98 at the end of 2027. These projections reflect positive momentum and the potential for strong mid-term performance. National Australia Bank’s position as a “Big Four” bank and its focus on operational efficiency and customer-centric growth bolster its outlook as the banking sector continues its digital transformation.
Should I sell my National Australia Bank shares?
Holding onto National Australia Bank shares may be appropriate for investors seeking exposure to Australia’s stable banking sector. NAB’s fundamentals remain strong, with robust capital adequacy, solid market share, and an appealing dividend yield. The company’s strategy, focusing on customer experience and operational efficiency, is designed to support resilience and sustainable growth. Historically, the bank has demonstrated adaptability through changing economic conditions, making it a potential candidate for long-term portfolios.
How are dividends from National Australia Bank stock taxed in Australia?
Dividends from National Australia Bank are fully franked, meaning they come with franking credits that can offset Australian income tax liabilities, reducing or even eliminating double taxation for residents. Investors declare both the cash dividend and franking credits in their tax return, and any excess franking credits can be refunded. This treatment makes NAB shares attractive for income-focused investors seeking tax-effective returns in Australia.
