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National Australia Bank information


National Australia Bank Limited
Company typePublic
Traded as
  • ASX: NAB
  • S&P/ASX 200 component
IndustryBanking, financial services
Founded1 October 1981 (as National Commercial Banking Corporation of Australia Limited)
Headquarters395 Bourke Street
Melbourne, Australia
Area served
Australia
Key people
  • Andrew Irvine (CEO)
  • Philip Chronican (Chairman)
ProductsBusiness banking
Consumer banking
Wholesale banking
Wealth management
Insurance[1]
RevenueIncrease A$ 20.654 billion (2023)[2]
Net income
Increase A$ 7.414 billion (2023)[2]
Total assetsIncrease A$ 1,059.08 billion (2023)[2]
Number of employees
38,128 (2023)[2]
Divisions
  • UBank
SubsidiariesBank of New Zealand
Websitenab.com.au

National Australia Bank (abbreviated NAB, branded nab) is one of the four largest financial institutions in Australia (colloquially referred to as "The Big Four") in terms of market capitalisation, earnings and customers.[3][4] NAB was ranked the world's 21st-largest bank measured by market capitalisation[5] and 52nd-largest bank in the world as measured by total assets in 2019.[6]

As of January 2019, NAB operated 3,500 Bank@Post locations—including 7,000+ ATMs across Australia, New Zealand, and Asia—and served 9 million customers.[7]

NAB has an "AA−" long-term issuer rating by Standard & Poor's.[8]

  1. ^ "National Australia Bank Ltd (NAB.AX) Company Profile". Reuters. Archived from the original on 5 February 2017. Retrieved 3 April 2015.
  2. ^ a b c d "Full Year Results 2023" (PDF). National Australia Bank. 9 November 2023. Archived (PDF) from the original on 18 November 2023. Retrieved 19 January 2023.
  3. ^ "Westpac, CommBank, ANZ and NAB: Are The Big Four Banks Still... Big?". Oiyo. 23 November 2020. Archived from the original on 11 September 2021. Retrieved 11 September 2021.
  4. ^ "NAB". Australasian Centre for Corporate Responsibility. Archived from the original on 13 March 2018. Retrieved 22 December 2015.
  5. ^ "NAB, ANZ forced to defend fossil fuel funding at AGMs". East & Partners. 22 December 2014. Archived from the original on 2 April 2016. Retrieved 22 December 2015.
  6. ^ Garrido, Francis; Chaudhry, Saqib (5 April 2019). "The world's 100 largest banks". Standard & Poor. Archived from the original on 24 September 2019. Retrieved 8 September 2019.
  7. ^ "About us - learn about what we do - NAB". www.nab.com.au. Archived from the original on 23 February 2017. Retrieved 11 September 2021.
  8. ^ "Annual Report 2014" (PDF). National Australia Bank. 14 November 2014. Archived from the original (PDF) on 8 April 2015. Retrieved 3 April 2015.

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