NAB's upgrade pop asks whether business-bank spreads can outrun bad debts

National Australia Bank (ASX:NAB) jumped after an upgrade. We test whether business-bank spreads and credit quality support the move.

2 July 2026|6:06pm AEST

ASX ticker chart

Delayed close-price history through 2 July 2026.

Latest38.41-20.6%

Low 35.68 · 11 JuneHigh 49.1 · 24 Feb

Window 23 Feb to 02 JulyYahoo Finance, delayed

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