National Australia Bank Ltd
ASX:NAB
ROA
Return on Assets
ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.
ROA Across Competitors
| Country | Company | Market Cap | ROA | ||
|---|---|---|---|---|---|
| AU |
|
National Australia Bank Ltd
ASX:NAB
|
115.2B AUD |
1%
|
|
| US |
|
JPMorgan Chase & Co
NYSE:JPM
|
724.5B USD |
1%
|
|
| ZA |
A
|
Absa Bank Ltd
JSE:ABSP
|
424.7B Zac |
1%
|
|
| ZA |
C
|
Capitec Bank Holdings Ltd
JSE:CPI
|
396.9B Zac |
6%
|
|
| ZA |
S
|
Standard Bank Group Ltd
JSE:SBK
|
373.2B Zac |
1%
|
|
| CN |
|
Industrial and Commercial Bank of China Ltd
SSE:601398
|
2.5T CNY |
1%
|
|
| US |
|
Bank of America Corp
NYSE:BAC
|
326.6B USD |
0%
|
|
| CN |
|
Agricultural Bank of China Ltd
SSE:601288
|
1.9T CNY |
1%
|
|
| US |
|
Wells Fargo & Co
NYSE:WFC
|
237.5B USD |
1%
|
|
| CN |
|
Bank of China Ltd
SSE:601988
|
1.6T CNY |
1%
|
|
| CN |
|
China Construction Bank Corp
SSE:601939
|
1.5T CNY |
1%
|
National Australia Bank Ltd
Glance View
National Australia Bank Ltd. (NAB) has carved out a formidable presence in the financial landscape of Australia. Founded in 1893, its journey is a testament to resilience and adaptability in the ever-evolving banking sector. As one of the Big Four banks, NAB plays a pivotal role in the Australian economy, primarily through its array of banking services that include personal banking, business banking, and institutional banking. This diverse portfolio enables NAB to profit from interest margins—the difference between what it earns on loans and what it pays on deposits. Additionally, it delves into wealth management and insurance, ensuring that it taps into various revenue streams. The bank’s success is rooted in its keen ability to strategically compete in lending for housing, business, and personal loans while maintaining an efficient deposit base. Compounding NAB's economic prowess is its strategic focus on digital transformation. By investing heavily in technology and digital services, NAB has modernized its operations, reaching customers more efficiently through online platforms. This strategy not only strengthens its customer engagement but also streamlines its services, reducing overhead costs in traditional banking avenues. Moreover, NAB's focus on sustainability and responsible banking sets a robust framework for long-term growth, encapsulating environmental, social, and governance (ESG) factors into its core strategy. In this way, NAB doesn't merely function as a financial institution but also embodies a bridge between financial profitability and societal values, continuously adapting to the shifting dynamics of global banking and customer expectations.
See Also
ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.
Based on National Australia Bank Ltd's most recent financial statements, the company has ROA of 0.6%.
You don't have any saved screeners yet