In an interview, NAB CEO Andrew Irvine reflects on NAB’s 2024 Full Year Results and delivering for customers.
Mr Irvine said he looked at the year ahead with optimism.
“The good news is that there’s light at the end of the tunnel. We think rates will start to fall, albeit slowly, early next year,” Mr Irvine said.
“I’m pleased with how our bank is performing. Today we’ve announced $7.1 billion of cash earnings, down around 8 per cent from a very strong 2023 year.
“In our Business and Private Bank we’ve deployed $48 billion of capital to small and medium sized customers. That’s something we’re incredibly proud of. Small and medium businesses are the heartbeat of Australia’s economy.
“Today we announced a dividend of 85 cents. That’s going to provide $5.2 billion back into the pockets of shareholders.”
Watch the full video below.
Read NAB’s 2024 Full Year Result announcement.
Read about how NAB, as Australia’s largest business bank, is supporting customers like il Mercato Centrale Australia to grow.
