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National Australia Bank fiscal Q1 cash earnings rise 3% YOY

National Australia Bank Ltd. posted cash earnings of A$1.65 billion for the fiscal first quarter ended Dec. 31, 2017, up from A$1.6 billion in the prior-year period.

On a statutory basis, net profit stood at A$1.65 billion.

The bank's net interest margin declined from the fiscal second half ended Sept. 30, 2017.

More details to follow.