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A man is on the run after robbing a National Australia Bank branch on the Gold Coast armed with a knife.

Police say the man with face coverings entered a bank on Griffith Street in Coolangatta about midday and demanded cash.

He left with a small amount of cash and was last seen walking along Chalk Street.

READ MORE: Luigi Mangione, suspected New York shooter, charged with murder

A man is on the run after allegedly robbing a NAB branch on the Gold Coast armed with a knife.

No staff or customers were physically harmed.

Officers are patrolling the area as part of the investigation.

Anyone with information or CCTV is urged to contact Crime Stoppers on 1800 333 000.

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