How to buy National Australia Bank (NAB) shares

Learn how to easily invest in National Australia Bank shares.

National Australia Bank Limited
AU: NAB - AUD
BANKS-DIVERSIFIED
A$27.35
+ A$0.28 ( + 1.03%)

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National Australia Bank Limited is a banks-diversified business based in Australia. National Australia Bank shares (NAB) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. National Australia Bank has a trailing 12-month revenue of around $15.5 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in National Australia Bank

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for National Australia Bank. Find the share by name or ticker symbol: NAB. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until National Australia Bank reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of National Australia Bank. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

National Australia Bank stock price (ASX:NAB)

Use our graph to track the performance of NAB stocks over time.

National Australia Bank shares at a glance

Information last updated 2021-09-17.
52-week range$15.9631 - $28.88
50-day moving average $27.5743
200-day moving average $26.6875
Target price$28.81
PE ratio 21.1128
Dividend yield $0.9 (3.19%)
Earnings per share (TTM) $1.321

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
AUD $5
No
ASX shares, US shares
Australia’s lowest-cost broker for ASX shares and ETFs.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
ThinkMarkets Share Trading
AUD $8
No
ASX shares
Limited-time offer: Get 10 free ASX trades ($0 brokerage) when you open a share trading account with ThinkMarkets(T&Cs apply).$8 flat fee brokerage for CHESS Sponsored ASX stocks (HIN ownership), plus free live stock price data on an easy to use mobile app.
Saxo Capital Markets (Classic account)
AUD $5
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CMC Markets Invest
AUD $11 or 0.1%
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
HSBC Online Share Trading
AUD $19.95
No
ASX shares, mFunds, ETFs, Bonds
Limited time offer: Get up to $100 in brokerage rebates on your first 5 trades when you sign up to a HSBC Online Share Trading account (T&Cs apply). Make trades online with brokerage fees starting from just $19.95 with an HSBC Online Share Trading account. Plus gain access to complimentary expert research, trading ideas and tools.
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
Invest in Australian shares, options and managed funds from the one account with no inactivity fee.
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
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Compare up to 4 providers

Is it a good time to buy National Australia Bank stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

National Australia Bank price performance over time

Historical closes compared with the last close of A$27.07

1 week (2021-09-17) -2.94%
1 month (2021-08-24) -1.20%
3 months (2021-06-24) 3.76%
6 months (2021-03-24) 4.76%
1 year (2020-09-24) 57.48%
2 years (2019-09-24) -9.53%
3 years (2018-09-24) -2.34%
5 years (2016-09-23) -3.32%

Is National Australia Bank under- or over-valued?

Valuing National Australia Bank stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of National Australia Bank's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

National Australia Bank's P/E ratio

National Australia Bank's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, National Australia Bank shares trade at around 21x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

National Australia Bank's PEG ratio

National Australia Bank's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 6.81. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into National Australia Bank's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

National Australia Bank financials

Revenue TTM $15.5 billion
Operating margin TTM 49.64%
Gross profit TTM $14.3 billion
Return on assets TTM 0.58%
Return on equity TTM 8.65%
Profit margin 28.8%
Book value 18.703
Market capitalisation $91.8 billion

TTM: trailing 12 months

National Australia Bank's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like National Australia Bank.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

National Australia Bank's total ESG risk score

Total ESG risk: 27.84

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and National Australia Bank's overall score of 27.84 (as at 12/31/2018) is nothing to write home about – landing it in it in the 46th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like National Australia Bank is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

National Australia Bank's environmental score

Environmental score: 1.47/100

National Australia Bank's environmental score of 1.47 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that National Australia Bank is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

National Australia Bank's social score

Social score: 13.15/100

National Australia Bank's social score of 13.15 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that National Australia Bank is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

National Australia Bank's governance score

Governance score: 14.22/100

National Australia Bank's governance score puts it squarely in the 3rd percentile of companies rated in the same sector. That could suggest that National Australia Bank is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

National Australia Bank's controversy score

Controversy score: 3/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. National Australia Bank scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that National Australia Bank hasn't always managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

National Australia Bank Limited was last rated for ESG on: 2019-01-01.

Total ESG score 27.84
Total ESG percentile 46.4
Environmental score 1.47
Environmental score percentile 3
Social score 13.15
Social score percentile 3
Governance score 14.22
Governance score percentile 3
Level of controversy 3

National Australia Bank share dividends

60%

Dividend payout ratio: 59.6% of net profits

Recently National Australia Bank has paid out, on average, around 59.6% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.3% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), National Australia Bank shareholders could enjoy a 4.3% return on their shares, in the form of dividend payments. In National Australia Bank's case, that would currently equate to about A$0.9 per share.

National Australia Bank's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 12 May 2021 (the "ex-dividend date").

Have National Australia Bank's shares ever split?

National Australia Bank's shares were split on 12 May 1999.

National Australia Bank share price volatility

Over the last 12 months, National Australia Bank's shares have ranged in value from as little as $15.9631 up to $28.88. A popular way to gauge a stock's volatility is its "beta".

NAB.AU volatility(beta: 0.92)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while National Australia Bank's is 0.9156. This would suggest that National Australia Bank's shares are less volatile than average (for this exchange).

National Australia Bank overview

National Australia Bank Limited provides financial services to individuals and businesses in Australia, New Zealand, and internationally. It operates through Business and Private Banking, Personal Banking, Corporate and Institutional Banking, and New Zealand Banking segments. It operates through Business and Private Banking; Personal Banking; Corporate and Institutional Banking; New Zealand Banking; Corporate Functions and Other; and MLC Wealth segments. The company accepts transaction accounts, savings accounts, deposit accounts, and term deposits; and specialized accounts, such as foreign currency, business interest, statutory trust, community free saver, farm management, and project bank accounts, as well as farm management deposits. National Australia Bank Limited also provides home loans; personal loans; business loans; vehicle and equipment finance; and trade and invoice finance, as well as business overdrafts and bank guarantees. In addition, the company offers insurance products consisting of car, home and content, landlord, travel, caravan and trailer, life, and business insurance products; and pension, superannuation, self-managed super funds, cash management, and financial planning and advisory services. Further, it provides investment products; credit, debit, and business cards; payments and merchant services; travel services; online and internet banking services; small business services; international and foreign exchange solutions; and industry specific banking services. National Australia Bank Limited was founded in 1834 and is based in Docklands, Australia.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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