Published on 21 Jan 2024 on Simply Wall St. via Yahoo Finance
National Australia Bank's (ASX:NAB) investors will be pleased with their respectable 50% return over...
By buying an index fund, investors can approximate the average market return. But many of us dare to dream of bigger returns, and build a portfolio ourselves. For example, National Australia Bank Limited (ASX:NAB) shareholders have seen the share price rise 29% over three years, well in excess of the market return (6.6%, not including dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 3.1% in the last year , including dividends .
So let's assess the underlying fundamentals over the last 3 years and see if they've moved in lock-step with shareholder returns.
Check out our latest analysis for National Australia Bank