NAB Keeps Bull on Business-Banking Strength -- Market Talk
Dow Jones
Nov 07
0117 GMT - National Australia Bank keeps its bull at Jefferies on its continued large exposure to the country's small- and medium-sized businesses. Analyst Andrew Lyons tells investors that NAB's positioning with these customers should drive earnings outperformance in FY 2026. The bank's FY 2025 result showed it can effectively manage its underlying net interest margin and maintain strong volumes despite heightened competition for non-retail custom. Jefferies raises its target price 0.3% to A$46.31 and keeps a buy rating on the stock, which is up 1.8% at A$43.81. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
November 06, 2025 20:17 ET (01:17 GMT)
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