National Australia Bank Profit Surges as Economy Recovers

The video discusses NAB's financial performance, highlighting a significant cash profit and a dividend beat. Despite a slight revenue dip, NAB maintains a strong capital ratio and sets future targets. Economic optimism is shared, with expectations of recovery in Australia and New Zealand, aided by vaccine rollouts. The hot housing market benefits NAB, with high demand for home loans.

What was the cash profit for NAB this time a year ago?

• Three billion dollars US

• Five hundred million dollars US

• Two billion dollars US

• A billion dollars US

What was the dividend payout that exceeded expectations?

• $0.55

• $0.65

• $0.60

• $0.50

What was the net interest margin for NAB?

• 1.80%

• 1.74%

• 1.85%

• 1.70%

What is NAB's target for the tier one capital ratio over time?

• 10.75% to 11.25%

• 10.45% to 11.25%

• 10.25% to 11.25%

• 10.5% to 11.5%

What is the economic outlook for Australia and New Zealand according to NAB?

• Neutral with steady growth

• Optimistic with stronger than expected rebound

• Uncertain with potential downturn

• Pessimistic with slow recovery