NAB Shares Fall 6.2% as Bad-Debt Charges Nearly Double
NAB shares were down 6.2% to $38.58 at noon, on track for their worst one-day decline since February 2025, after FY26 bad-debt charges nearly doubled year on year and exceeded analyst expectations. The bank also recorded $949 million in after-tax one-off charges.
National Australia Bank (NAB) shares are on track to record its worst one-day decline since February 2025, down 6.2% to $38.58 at noon after bad debt charges for FY26 nearly doubled year-on-year, and well-above analyst expectations.The bank also suffered after-tax one-off charges of $949 million fo…