National Australia Bank Limited
(ASX:NAB) has reported steady third quarter results. The bank’s cash profit has come in flat in the three months to June at $1.4 billion.
Net profit was also steady at $1.2 billion.
Revenue for the quarter was down one per cent.
NAB says its results were influenced by high funding costs, slow loan growth as well as weak financial markets.
National Australia Bank reported a first half net profit of $2.05 billion.
