NAB stock: CLSA gives National Australia Bank stock an AUD 37 target

Published on 10/23/2026 at 15:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NAB lists an 85 cent interim dividend for 2026. NAB stock costs EUR 25.65 on October 23, 2026 during trading.

CLSA target and dividend date

CLSA assigned National Australia Bank a AUD 37.00 target on October 20, 2026.
NAB reported AUD 5.20 billion in third-quarter 2026 revenue, up 6.10 percent year over year.
NAB stock cost EUR 25.65 at Lang & Schwarz on October 23, 2026 at 3:00 p.m. CEST.
Full-year 2026 results are scheduled for November 5, 2026.

NAB, AU000000NAB4, Illustration mit AI erstellt.

National Australia Bank (ISIN AU000000NAB4) received a AUD 37.00 price target from CLSA in a note dated October 20, 2026, reported by MarketScreener. National Australia Bank stock was trading at EUR 25.65 at Lang & Schwarz on October 23, 2026 at 3:00 p.m. CEST.

CLSA target stays below consensus

CLSA's AUD 37.00 target sits below the AUD 38.50 average target in the MarketScreener analyst overview, where 14 analysts produced a HOLD consensus. The same overview lists the last Australian close at AUD 40.01, putting the CLSA figure below that level and making the target a cautious valuation marker rather than a fresh upside signal.

Third-quarter revenue rose 6.10 percent

National Australia Bank's third-quarter 2026 revenue reached AUD 5.20 billion, up 6.10 percent from the third quarter of 2025, while net income was AUD 1.80 billion, flat year over year. Profit margin fell to 35.00 percent from 37.00 percent. These figures were reported by Simply Wall St on August 18, 2026, for the period ended June 30, 2026.

Results date and valuation

NAB's shareholder center lists an 85 cent interim dividend per ordinary share for 2026 and schedules the full-year 2026 results announcement for November 5, 2026, according to NAB. On the Australian Securities Exchange, NAB last traded at AUD 41.31 on October 23, 2026 at 4:10 p.m. AEDT, versus AUD 40.01 on October 22, 2026.

Comparison with peers

National Australia Bank: 21.52 price-to-earnings ratio, AUD 128.5 billion market capitalization. Commonwealth Bank of Australia: 25.23 price-to-earnings ratio, AUD 274.2 billion market capitalization. Westpac Banking Corporation: 18.12 price-to-earnings ratio, AUD 125.6 billion market capitalization.

Investors await November results

The next scheduled reporting date gives the AUD 37.00 CLSA target a near-term test. NAB's third-quarter revenue growth was positive, but the 2.00 percentage-point margin decline shows why the November report will be judged on both income growth and cost control.

National Australia Bank stock was trading at EUR 25.65 at Lang & Schwarz on October 23, 2026 at 3:00 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of NAB stock.