NAB announces its 2025 Full Year results

06.11.2025

NAB CEO Andrew Irvine says the bank is making progress towards its ambition to be more customer-centric and a simpler, safer and faster bank for customers.

“Our FY25 results mark the first full year since we refreshed our strategy, and I’m pleased to say we’re making progress,” Mr Irvine said.

“We continue to be disciplined in executing our strategy, in particular our focus on the three key business priorities: growing our business bank, driving deposit growth and strengthening proprietary home lending.”

Strong performance across the bank

Momentum across the business is translating into growth across key areas.

“Higher underlying earnings reflect momentum across our businesses, supported by strong lending and revenue growth in the second half,” Mr Irvine said.

“Australian business lending balances grew by 5.8% in the second half – the strongest half-yearly growth in three-and-a-half years.

“Across the year, Australian business lending balances rose by 9.1%, total customer deposits grew by 7.4%, and we improved market share in both total business lending and business deposits.”

Mr Irvine said NAB’s business bank continues to be a key differentiator.

“We want to not just to defend our position as Australia’s leading business bank, but extend it,” Mr Irvine said.

In home lending, NAB’s focus on proprietary channels is delivering results, with 41% of mortgages now written through NAB bankers.

“This has been achieved by investing in customer relationships, investing in new bankers and the tools to help them and introducing solutions that deliver simpler, faster and safer outcomes,” he said.

Customer advocacy is also improving, with NAB gathering more feedback and acting on it at scale.

“We know there’s more to do, but we’re on the right path,” Mr Irvine said.

NAB’s final dividend of 85 cents per share and total $1.70 for the year will return $5.2 billion to 540,000 shareholders, as well as the millions of Australians who benefit through their superannuation funds.

Outlook: Confidence in Australia’s future

Looking ahead, Mr Irvine commented that there are good reasons to be confident in Australia’s economic outlook.

“Through our recent surveys and conversations we are having, our customers are telling us that business confidence and conditions have picked up and demand for labour is healthy.”

However, he also highlighted that for Australia to return to stronger rates of economic growth over the long-term, there are three areas that Australia must lean into.

Housing, he said, remains the country’s biggest societal and policy challenge. NAB has committed to providing at least $60 billion in financing to support housing affordability by 2030, targeting both supply and demand-side levers.

Reducing complexity and red tape for businesses, particularly small businesses, must also be a priority for governments, regulators and banks.

Finally, Mr Irvine said artificial intelligence will transform what we do, and how fast and well we do it. To fully harness its potential, it’s essential that all Australians have the opportunity to learn the skills needed to use AI to its full potential.

“By addressing each of these three areas we can increase productivity and create better jobs, higher living standards and a more prosperous Australia.”