Wholesale Banking Performance Analysis
Strong Wholesale Bank performance offset by UK
Cash earnings - attribution analysis by business (constant currency)
15
($m)
251
(204)
0
(36)
44
55
(32)
(39)
(3)
2,792
2,828
Sep 11
Business
Banking
Personal
Banking
Wholesale
Banking
UK
Banking
NZ
Banking
NAB
Wealth
SGA
Other 1
FX
Mar 12
Cash earnings - attribution analysis by P&L line items
($m)
2,792
(80)
393
31
(297)
(45)
34
34
2,828
Sep 11
NII
OOI
Costs
B&DD
Tax
Other
Mar 12
(1) Other comprises Group Funding, Group Business Services, other supporting units, Asia Banking and GWB
Net interest margin impacted by funding costs
Group net interest margin - half-on-half attribution analysis
16
National Australia Bank
0.03%
(0.04%)
(0.05%)
(0.03%)
0.02%
(0.03%)
(0.01%)
2.28%
Customer margin down 6bps
2.17%
Sep 11
Lending
Margin
Deposits
Funding & Lending Mix
Liquidity
Costs
Markets & Liquids
Treasury (volumes)
Other
Mar 12
Business unit net interest margin
Group net interest margin
Margin
(%)
Mar 12
Customer
margin¹
2.60%
change on
Sep 11
change on
Sep 11
2.40%
Business Banking
2.56
(10bps)
(9bps)
2.20%
Personal Banking
2.02
(15bps)
(12bps)
2.00%
UK Banking
2.09
(24bps)
(17bps)
1.80%
NZ Banking
2.41
6bps
3bps
Group
2.17
(11bps)
(6bps)
(1) Customer margin comprises lending margin, deposit and funding costs and liability mix
2.19%
2.17%
Mar Sep Mar Sep Mar Sep Mar Sep Mar
08 08 09
09
10
10
11
11
12
Group NIM
Group NIM (ex markets & treasury)
National Australia BankView entire presentation