National Australia Bank Ltd
National Australia Bank Limited provides financial services to individuals and businesses in Australia, New Zealand, Europe, Asia, the United States, and internationally. The company operates through Business and Private Banking; Personal Banking; Corporate and Institutional Banking; New Zealand Banking; and Corporate Functions and Other segments. It accepts transaction accounts, savings accounts… Read more
National Australia Bank Ltd (NAUBF) - Net Assets
Latest net assets as of September 2025: $63.65 Billion USD
Based on the latest financial reports, National Australia Bank Ltd (NAUBF) has net assets worth $63.65 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.11 Trillion) and total liabilities ($1.05 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $63.65 Billion |
| % of Total Assets | 5.74% |
| Annual Growth Rate | 6.77% |
| 5-Year Change | 1.39% |
| 10-Year Change | 24.04% |
| Growth Volatility | 65.19 |
National Australia Bank Ltd - Net Assets Trend (1989–2025)
This chart illustrates how National Australia Bank Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for National Australia Bank Ltd (1989–2025)
The table below shows the annual net assets of National Australia Bank Ltd from 1989 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $63.65 Billion | +2.31% |
| 2024-09-30 | $62.21 Billion | +1.15% |
| 2023-09-30 | $61.50 Billion | +4.19% |
| 2022-09-30 | $59.03 Billion | -5.97% |
| 2021-09-30 | $62.78 Billion | +2.42% |
| 2020-09-30 | $61.29 Billion | +10.23% |
| 2019-09-30 | $55.60 Billion | +5.49% |
| 2018-09-30 | $52.71 Billion | +2.72% |
| 2017-09-30 | $51.32 Billion | +0.00% |
| 2016-09-30 | $51.31 Billion | -7.56% |
| 2015-09-30 | $55.51 Billion | +15.87% |
| 2014-09-30 | $47.91 Billion | +3.30% |
| 2013-09-30 | $46.38 Billion | +5.87% |
| 2012-09-30 | $43.80 Billion | +3.83% |
| 2011-09-30 | $42.19 Billion | +8.30% |
| 2010-09-30 | $38.95 Billion | +2.96% |
| 2009-09-30 | $37.84 Billion | +15.19% |
| 2008-09-30 | $32.85 Billion | +9.91% |
| 2007-09-30 | $29.89 Billion | +6.84% |
| 2006-09-30 | $27.97 Billion | -11.33% |
| 2005-09-30 | $31.55 Billion | +5.98% |
| 2004-09-30 | $29.77 Billion | +9.39% |
| 2003-09-30 | $27.21 Billion | +17.03% |
| 2002-09-30 | $23.25 Billion | -1.30% |
| 2001-09-30 | $23.56 Billion | +10.04% |
| 2000-09-30 | $21.41 Billion | -72.30% |
| 1999-09-30 | $77.29 Billion | +390.36% |
| 1998-09-30 | $15.76 Billion | +25.30% |
| 1997-09-30 | $12.58 Billion | +0.48% |
| 1996-09-30 | $12.52 Billion | +10.00% |
| 1995-09-30 | $11.38 Billion | +15.52% |
| 1994-09-30 | $9.85 Billion | +9.02% |
| 1993-09-30 | $9.04 Billion | +12.88% |
| 1992-09-30 | $8.01 Billion | -0.22% |
| 1991-09-30 | $8.02 Billion | +22.08% |
| 1990-09-30 | $6.57 Billion | +9.14% |
| 1989-09-30 | $6.02 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to National Australia Bank Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2486.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $26.82 Billion | 42.62% |
| Common Stock | $36.12 Billion | 57.41% |
| Other Comprehensive Income | $-21.00 Million | -0.03% |
| Total Equity | $62.93 Billion | 100.00% |
National Australia Bank Ltd Competitors by Market Cap
The table below lists competitors of National Australia Bank Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rheinmetall AG
PINK:RNMBF
|
$58.68 Billion |
|
The Southern Company
NASDAQ:SOMN
|
$58.74 Billion |
|
Realty Income Corporation
NYSE:O
|
$58.83 Billion |
|
VERTIV HOL.CL A DL-0001
F:49V
|
$59.06 Billion |
|
Canadian National Railway Company
NYSE:CNI
|
$58.49 Billion |
|
Shandong Zhongji Electrical Equipment Co Ltd
SHE:300308
|
$58.48 Billion |
|
Snowflake Inc.
NYSE:SNOW
|
$57.95 Billion |
|
Manulife Financial Corp
NYSE:MFC
|
$57.82 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in National Australia Bank Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 61,455,000,000 to 62,926,000,000, a change of 1,471,000,000 (2.4%).
- Net income of 6,759,000,000 contributed positively to equity growth.
- Dividend payments of 4,828,000,000 reduced retained earnings.
- Share repurchases of 616,000,000 reduced equity.
- Other comprehensive income increased equity by 341,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.76 Billion | +10.74% |
| Dividends Paid | $4.83 Billion | -7.67% |
| Share Repurchases | $616.00 Million | -0.98% |
| Other Comprehensive Income | $341.00 Million | +0.54% |
| Other Changes | $-185.00 Million | -0.29% |
| Total Change | $- | 2.39% |
Book Value vs Market Value Analysis
This analysis compares National Australia Bank Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.63x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.64x to 0.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-09-30 | $7.28 | $19.21 | x |
| 1990-09-30 | $7.29 | $19.21 | x |
| 1991-09-30 | $7.41 | $19.21 | x |
| 1992-09-30 | $6.25 | $19.21 | x |
| 1993-09-30 | $6.71 | $19.21 | x |
| 1994-09-30 | $7.23 | $19.21 | x |
| 1995-09-30 | $8.04 | $19.21 | x |
| 1996-09-30 | $8.51 | $19.21 | x |
| 1997-09-30 | $8.37 | $19.21 | x |
| 1998-09-30 | $10.65 | $19.21 | x |
| 1999-09-30 | $11.75 | $19.21 | x |
| 2000-09-30 | $13.26 | $19.21 | x |
| 2001-09-30 | $15.05 | $19.21 | x |
| 2002-09-30 | $14.50 | $19.21 | x |
| 2003-09-30 | $15.54 | $19.21 | x |
| 2004-09-30 | $16.75 | $19.21 | x |
| 2005-09-30 | $15.77 | $19.21 | x |
| 2006-09-30 | $17.13 | $19.21 | x |
| 2007-09-30 | $18.22 | $19.21 | x |
| 2008-09-30 | $19.97 | $19.21 | x |
| 2009-09-30 | $19.72 | $19.21 | x |
| 2010-09-30 | $18.05 | $19.21 | x |
| 2011-09-30 | $19.42 | $19.21 | x |
| 2012-09-30 | $19.61 | $19.21 | x |
| 2013-09-30 | $19.84 | $19.21 | x |
| 2014-09-30 | $19.73 | $19.21 | x |
| 2015-09-30 | $21.52 | $19.21 | x |
| 2016-09-30 | $19.75 | $19.21 | x |
| 2017-09-30 | $17.86 | $19.21 | x |
| 2018-09-30 | $17.93 | $19.21 | x |
| 2019-09-30 | $18.38 | $19.21 | x |
| 2020-09-30 | $18.39 | $19.21 | x |
| 2021-09-30 | $17.73 | $19.21 | x |
| 2022-09-30 | $17.04 | $19.21 | x |
| 2023-09-30 | $17.97 | $19.21 | x |
| 2024-09-30 | $18.66 | $19.21 | x |
| 2025-09-30 | $30.39 | $19.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently National Australia Bank Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.74%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.22%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 17.63x
- Recent ROE (10.74%) is below the historical average (11.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 13.06% | 20.96% | 0.06x | 9.85x | $183.55 Million |
| 1990 | 11.72% | 16.52% | 0.06x | 11.34x | $112.50 Million |
| 1991 | 8.98% | 14.19% | 0.07x | 9.44x | $-81.71 Million |
| 1992 | 8.43% | 12.71% | 0.06x | 10.51x | $-125.28 Million |
| 1993 | 12.81% | 18.34% | 0.06x | 10.87x | $247.40 Million |
| 1994 | 17.34% | 26.29% | 0.06x | 10.33x | $722.80 Million |
| 1995 | 17.30% | 28.25% | 0.06x | 10.32x | $830.90 Million |
| 1996 | 16.79% | 0.00% | -0.01x | 10.98x | $850.10 Million |
| 1997 | 17.67% | 0.00% | -0.05x | 12.56x | $965.10 Million |
| 1998 | 12.78% | 20.53% | 0.05x | 11.53x | $437.90 Million |
| 1999 | 15.23% | 26.54% | 0.04x | 13.72x | $969.00 Million |
| 2000 | 15.16% | 25.12% | 0.04x | 16.09x | $1.10 Billion |
| 2001 | 8.87% | 15.75% | 0.04x | 15.95x | $-265.90 Million |
| 2002 | 14.55% | 20.04% | 0.04x | 16.28x | $1.05 Billion |
| 2003 | 16.20% | 25.66% | 0.04x | 16.29x | $1.51 Billion |
| 2004 | 12.27% | 25.72% | 0.03x | 15.88x | $587.00 Million |
| 2005 | 15.76% | 17.93% | 0.05x | 16.69x | $1.46 Billion |
| 2006 | 15.80% | 21.53% | 0.04x | 17.44x | $1.61 Billion |
| 2007 | 15.48% | 20.27% | 0.04x | 19.42x | $1.62 Billion |
| 2008 | 13.83% | 18.76% | 0.04x | 20.03x | $1.26 Billion |
| 2009 | 6.85% | 14.53% | 0.03x | 17.30x | $-1.19 Billion |
| 2010 | 10.85% | 26.02% | 0.02x | 17.62x | $330.00 Million |
| 2011 | 12.38% | 32.68% | 0.02x | 17.88x | $1.00 Billion |
| 2012 | 9.33% | 15.93% | 0.03x | 17.44x | $-293.60 Million |
| 2013 | 11.56% | 32.70% | 0.02x | 17.49x | $723.30 Million |
| 2014 | 11.06% | 19.28% | 0.03x | 18.44x | $505.90 Million |
| 2015 | 11.42% | 35.80% | 0.02x | 17.21x | $788.60 Million |
| 2016 | 0.69% | 2.04% | 0.02x | 15.14x | $-4.78 Billion |
| 2017 | 10.30% | 30.35% | 0.02x | 15.37x | $154.40 Million |
| 2018 | 10.54% | 30.04% | 0.02x | 15.30x | $283.90 Million |
| 2019 | 8.63% | 27.59% | 0.02x | 15.24x | $-761.60 Million |
| 2020 | 4.18% | 14.97% | 0.02x | 14.14x | $-3.57 Billion |
| 2021 | 10.14% | 38.15% | 0.02x | 14.75x | $86.10 Million |
| 2022 | 11.67% | 37.60% | 0.02x | 17.87x | $987.80 Million |
| 2023 | 12.12% | 37.38% | 0.02x | 17.32x | $1.30 Billion |
| 2024 | 11.33% | 33.75% | 0.02x | 17.58x | $814.50 Million |
| 2025 | 10.74% | 11.22% | 0.05x | 17.63x | $466.40 Million |
Industry Comparison
This section compares National Australia Bank Ltd's net assets metrics with peer companies in the Banks - Diversified industry.
Industry Context
- Industry: Banks - Diversified
- Average net assets among peers: $245,254,219,103
- Average return on equity (ROE) among peers: 10.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| National Australia Bank Ltd (NAUBF) | $63.65 Billion | 13.06% | 16.43x | $58.68 Billion |
| ABN AMRO Bank N.V (AAVMY) | $27.04 Billion | 8.33% | 14.28x | $11.03 Billion |
| Agricultural Bank of China PK (ACGBY) | $290.54 Billion | 17.72% | 23.14x | $259.69 Billion |
| ANZ Group Holdings Limited (ANZGY) | $70.02 Billion | 10.15% | 14.79x | $48.69 Billion |
| Bank of America Corp (BAC) | $270.07 Billion | 11.84% | 10.74x | $338.02 Billion |
| Bank of China Ltd H (BACHF) | $861.54 Billion | 16.21% | 13.72x | $77.92 Billion |
| Banco Bilbao Vizcaya Argentaria S.A (BBVXF) | $4.73 Billion | 9.43% | 14.29x | $81.72 Billion |
| Banco Santander S.A (BCDRF) | $73.87 Billion | 12.11% | 14.03x | $86.81 Billion |
| Barclays PLC (BCLYF) | $808.57 Billion | 0.43% | 0.14x | $42.51 Billion |
| Bancorp. of Southern Indiana (BCSO) | $46.62 Million | 6.99% | 9.62x | $74.68 Million |
| The Bank of New York Mellon Corporation (BK) | $46.12 Billion | 7.84% | 9.18x | $79.57 Billion |