NAB a straggler

While CBA strides away in the home loan market, National Australia Bank's market share may be a disappointment to management.

NAB can claim a 14 per cent share of net growth in home lending over three months, which is a touch better than its long-term market share but surprising given the gains claimed by the Sydney-based banks.

Things may be improving for NAB, though, since its market share (on a flow basis) was less than 11 per cent over a 12-month period.

NAB's growth rates are only a touch better than those of ANZ, which was always well back in fourth place in the home loan market.

ANZ reported net growth in home lending equal to a 13 per cent market share over three months and 14 per cent over 12 months.

Of the two main foreign bank challenges to big bank franchises, ING and BankWest have market shares of around six per cent and five per cent respectively.