National Australia Bank Reports Rise In Q1 Cash Profit

National Australia Bank Ltd NAUBF reported a rise in its first-quarter cash earnings. NAB's quarterly cash earnings climbed to around 1.4 billion Australian dollars ($1.5 billion), up from A$1.3 billion, in the year-earlier period. Its statutory net attributable profit came in at A$1.6 billion. NAUBF shares closed at $25.83 yesterday.