National Australia Bank Posts Flat Q3 Earnings


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National Australia Bank Ltd (OTC: NABZY) reported flat profit in the third quarter.The bank's quarterly unaudited net profit came in at 1.2 billion Australian dollars (US$1.26 billion).Its quarterly cash earnings came in at A$1.4 billion, unchanged versus a year-ago period and down from analysts' estimates of A$1.47 billion.National Australia Bank shares dropped 1.16% to close at $26.40 yesterday.

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Posted In: EarningsNewsprofit