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Why experts think the NAB share price is a buy with more upside

Why experts think the NAB share price is a buy with more upside

The National Australia Bank Ltd (ASX: NAB) share price has risen by more than 12% (at the time of writing) in the past month. Experts believe the ASX bank share can continue to deliver positive returns for investors from here.

NAB recently reported its FY26 first quarter update to investors, which showed cash profit of $2.02 billion, up 16% year-over-year. The underlying cash profit increased by 11% year-over-year.

Revenue rose 6% while expenses were broadly flat. It reported a credit impairment charge of $170 million, with the ratio of non-performing loans falling.

Let’s take a look at what experts think of the numbers and the NAB share price.

Happy young woman saving money in a piggy bank.

Image source: Getty Images

UBS views on the ASX bank share

The broker described the first…

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