5 Most Valuable Australian Companies

3. National Australia Bank (OTC: NABZY)

Market cap: $133.7 billion

Melbourne-based National Australia Bank (NAB) ranks 3rd on our list of the 15 most valuable Australian companies. NAB is engaged in providing financial and banking services such as wealth management, credit, and access card facilities, insurance, investment banking, and trustee and nominee services. The leading multinational bank conglomerate primarily operates in Australia and New Zealand and has established operations in the US, the UK, and Asia. In January 2021, NAB is currently in the process of acquiring 86400 Ltd. to strengthen NAB’s online banking segment, UBank. 

In the first quarter of 2021, NAB announced a total net profit of $1.7 billion. Shares of NABZY increased by 53.33% over the past twelve months.