0313 GMT - Investor concerns about National Australia Bank's capital position keep Macquarie analysts cautious despite their positive view of its fundamentals. They tell clients in a note that their fiscal 2026 profit forecast for NAB is ahead of consensus, the only one of Australia's major lenders for which that is the case. However, they reckon that those capital concerns could limit the stock's near-term performance. ANZ retains its status as their preferred Australian bank stock despite its shrinking discount relative to peers and medium-term execution risk on management's strategy. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
November 16, 2025 22:13 ET (03:13 GMT)
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