National Australia Bank (ASX:NAB) has reported cash earnings of $4,070M and a statutory net profit of $3,967M for H1 2023.

It has also announced an interim dividend of 83 cents per ordinary share, a 5 cent increase on 2022's final dividend, payable by July 5 this year.

Analysts were expecting a number a bit higher, which pushed NAB shares lower.

The NAB is among the worst on the ASX today along with the rest of the big 4 banks.