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annual cash profit

NAB reveals whopping $4.1 billion in profits

Skyrocketing interest rates have helped National Australia Bank post a whopping $4.1 billion in profits – a jump of 17 per cent compared to the same time last year.NAB was the first major back to reveal its half-year profit results, which…

Major banks to rake in $11.7 billion in profit

Three of Australia’s big banks are expected to report a whopping $11.7 billion in profits.National Australia Bank, ANZ and Westpac are predicted to report the staggering profits in interim cash earnings, a jump of 27 per cent compared to…