National Australia Bank (ASX:NAB) Earnings per Share (Diluted): A$2.00 (TTM As of Mar. 2026)

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ASX:NAB National Australia Bank Ltd ASX:NAB
70 GF Score
Price A$37.98
GF Value A$42.33
Valuation Modestly Undervalued
! 3 Warning Signs
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What is National Australia Bank Earnings per Share (Diluted)?

National Australia Bank ASX:NAB -0.73% 70 Earnings per Share (Diluted) is A$2.00 as of Mar. 2026. GuruFocus rates ASX:NAB with a GF Score™ of 70/100 and a GF Value™ of A$42.33 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,409 Banks companies, National Australia Bank ranks worse than 65.72% on this metric.

National Australia Bank's Earnings per Share (Diluted) for the six months ended in Mar. 2026 was A$0.90. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was A$2.00.

National Australia Bank's EPS (Basic) for the six months ended in Mar. 2026 was A$0.90. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was A$2.00.

National Australia Bank's EPS without NRI for the six months ended in Mar. 2026 was A$0.89. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was A$1.94.

During the past 12 months, National Australia Bank's average EPS without NRIGrowth Rate was -13.80% per year. During the past 3 years, the average EPS without NRIGrowth Rate was 2.30% per year. During the past 5 years, the average EPS without NRI Growth Rate was 8.00% per year. During the past 10 years, the average EPS without NRI Growth Rate was -1.10% per year.

During the past 13 years, National Australia Bank's highest 3-Year average EPS without NRI Growth Rate was 37.60% per year. The lowest was -21.90% per year. And the median was 2.30% per year.


National Australia Bank  (ASX:NAB) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


National Australia Bank Earnings per Share (Diluted) Related Terms


National Australia Bank Earnings per Share (Diluted) Historical Data

* Premium members only.

The historical data trend for National Australia Bank's Earnings per Share (Diluted) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

National Australia Bank Earnings per Share (Diluted) Chart

National Australia Bank Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Earnings per Share (Diluted)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.85 2.06 2.29 2.23 2.20

National Australia Bank Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Earnings per Share (Diluted) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.10 1.12 1.09 1.10 0.90

ASX:NAB vs JPM, BAC, WFC: Earnings per Share (Diluted) Comparison

For the Banks - Diversified subindustry, National Australia Bank's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


National Australia Bank PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, National Australia Bank's PE Ratio distribution charts can be found below:

* The bar in red indicates where National Australia Bank's PE Ratio falls into.


ASX:NAB
70GF Score
National Australia Bank Ltd ASX:NAB
Earnings per Share (Diluted) is just one metric. See GF Score™, valuation, warning signs, and more.
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National Australia Bank Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

National Australia Bank's Earnings Per Share (Diluted) for the fiscal year that ended in Sep. 2025 is calculated as

Diluted Earnings Per Share (A: Sep. 2025 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(6759-0)/3132.000
=2.16

National Australia Bank's Earnings Per Share (Diluted) for the quarter that ended in Mar. 2026 is calculated as

Diluted Earnings Per Share (Q: Mar. 2026 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(2750-0)/3076.000
=0.89

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$2.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.

What does a Earnings per Share (Diluted) of A$2.00 mean?
National Australia Bank (ASX:NAB) has a Earnings per Share (Diluted) of A$2.00 as of Mar. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on National Australia Bank and its competitors. According to the industry distribution chart, National Australia Bank ranks #926 out of 1409 companies in the Banks industry, placing it in the top 65.7%.
Is National Australia Bank's Earnings per Share (Diluted) too high?
National Australia Bank's current Earnings per Share (Diluted) is A$2.00. Based on the distribution chart, National Australia Bank ranks #926 out of 1409 companies in the Banks industry, which is below the industry midpoint. Overall, National Australia Bank has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National Australia Bank's Earnings per Share (Diluted) compare to JPM and BAC?
According to the Banks industry distribution chart, National Australia Bank ranks #926 out of 1409 companies for Earnings per Share (Diluted). This places National Australia Bank in the lower half of its industry. The industry median Earnings per Share (Diluted) is 7.50. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for a Banks company?
The median Earnings per Share (Diluted) among Banks companies is 7.50, based on 1,409 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on National Australia Bank and its competitors. For the Banks industry, the median Earnings per Share (Diluted) is 7.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Australia Bank's current Earnings per Share (Diluted) is A$2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Australia Bank stock overvalued right now?
Based on GuruFocus' analysis, National Australia Bank (ASX:NAB) is currently considered Modestly Undervalued. The stock's GF Value™ is A$42.33, compared to a current price of A$37.98 — trading 10.3% below its estimated fair value. The current Earnings per Share (Diluted) is A$2.00. National Australia Bank's overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For National Australia Bank (ASX:NAB), the current Earnings per Share (Diluted) is A$2.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is National Australia Bank (ASX:NAB) Overvalued in 2026?

Based on GuruFocus' analysis, National Australia Bank stock appears to be undervalued. The current stock price of A$37.98 is trading 10.3% below its estimated GF Value™ of A$42.33. GuruFocus considers National Australia Bank to be Modestly Undervalued.

Key valuation signals for ASX:NAB:

  • Earnings per Share (Diluted): A$2.00
  • GF Value™: A$42.33 vs. price of A$37.98 (10.3% below fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the ASX:NAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Australia Bank Business Description

Address 395 Bourke Street, Level 28, Melbourne, VIC, AUS, 3000
National Australia Bank is the most business-focused of the four major banks, holding the largest share of business loans and the number-three spot in home loans. National Australia Bank is currently the second-largest bank by market capitalization, with the franchise covering consumer, small business, corporate, and institutional sectors. Under the UBank brand the bank also owns one of Australia's largest digital-only banks. Offshore operations in New Zealand round out the group.
70GF Score

Get the complete analysis for ASX:NAB

Earnings per Share (Diluted) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$37.98
Price
A$42.33
GF Value