National Australia Bank Posts Rise In Q1 Cash Earnings

National Australia Bank (OTC:

) reported a 4% gain in its first-quarter cash earnings. NAB's quarterly unaudited cash earnings climbed to 1.45 billion Australian dollars (US$1.5 billion). Its unaudited net profit declined to A$1.26 billion, from A$1.6 billion, in the year-earlier period. National Australia Bank shares closed at $29.14 yesterday.