In a video to shareholders, NAB CEO Andrew Irvine discusses the 2026 Half Year Results.
04 May 2026 | 3 min read
4 May 2026
NAB announced its 2026 Half Year Results today, as CEO Andrew Irvine said a continued focus on customers was driving steady progress across the bank.
“The discipline we have around our customer‑centric strategy is delivering better experiences for customers,” Mr Irvine said.
Good underlying momentum across the bank
For the six months to 31 March 2026, NAB's cash earnings were $3,558m, excluding the impact of changes to its software capitalisation policy. Revenue grew 3.1%, total costs were down slightly, and net interest margin rose over the period.
NAB declared an interim dividend of 85 cents per share, returning $2.6 billion to 500,000 shareholders and millions of Australians through their superannuation.
Underlying profit growth of 6.4% excluding the large notable item across all core divisions, reflects progress against NAB’s strategic priorities: growing business banking, driving deposit growth and strengthening proprietary home lending.
Mr Irvine also said ongoing investment in technology remains focused on modernising the bank and becoming simpler, faster and more resilient.
“We are investing in areas such as artificial intelligence to grow, be more productive, and build skills for the future" Mr Irvine said.
Resilience amid economic uncertainty
Mr Irvine said global conflict, including in the Middle East, continued to contribute to ongoing economic volatility.
“We're hearing that businesses are challenged by higher fuel costs, supply disruptions, inflation and elevated interest rates, and are becoming more cautious with spending and cash management,” Mr Irvine said.
“But Australians are resilient. Many businesses are experienced in managing cost volatility and are making the required adjustments through higher savings and offset balances.
"While most customers remain well placed, NAB will support those who need our help.”
Mr Irvine said NAB was well positioned to navigate near-term challenges, supported by a stronger balance sheet, positive momentum and a leadership team focused on execution.
Watch a video of NAB CEO Andrew Irvine discussing the 2026 Half Year Results.
