National Australia Bank stock faces AUD 300m FY27 charge

Published on 11/02/2026 at 15:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

National Australia Bank stock heads into Thursday's results with earnings, capital and dividends in focus. The bank is also simplifying its operating model.

What investors should watch

NAB is due to publish its FY26 full-year results on Thursday, November 5.
The announcement is expected to clarify the bank's earnings, capital position and final dividend.
Management is linking its operating-model changes to productivity, risk outcomes and customer priorities.

NAB, AU000000NAB4, Illustration mit AI erstellt.

National Australia Bank stock heads into its FY26 results with a new cost item in focus. In an announcement published on October 20, National Australia Bank said it expects a AUD 300 million pre-tax restructuring charge in FY27 as it reduces duplication and reshapes its operating model. The announcement was made by National Australia Bank.

NAB's next earnings test

The bank said the charge will cover redundancy, redeployment and organisational redesign costs. It also said the cost outlook for FY27 will be detailed when the full-year results are released on Thursday, November 5.

NAB plans to reduce its internal workforce by up to 2,500 roles in FY27, including up to 1,500 before the end of 2026. Management said the changes focus particularly on corporate functions, while customer-facing banking roles are not expected to be materially affected.

The upcoming results should give investors a clearer view of how the restructuring plan affects costs, productivity and capital priorities. The announcement also links the operating-model changes to growth in business banking, deposit growth and proprietary home lending.

National Australia Bank stock traded at EUR 25.74 on Lang & Schwarz at 3:38:37 p.m. CET on Monday, November 2, 2026.

Investors can follow the real-time quote of National Australia Bank stock.