Westpac Says Annual Profit Falls 3%, Upbeat on Prospects -- Update
Westpac, like other lenders, has benefited from an elevated interest rate environment. Westpac on Monday said its net interest margin--a key profitability indicator which excludes Notable Items, Treasury and Markets--was 1.95% in its most recent year, down just 1 basis point on fiscal 2023.
Westpac may have recorded a 7-billion-dollar profit in its latest financial accounts, released yesterday, but its ...
Peter King (pictured above left), delivering his final annual result as CEO of Westpac, praised the bank’s strong footing and ...
Morgan Stanley analyst Richard Wiles maintained a Hold rating on Westpac Banking (WEBNF – Research Report) today and set a price target ...
Westpac annual profit declines 3% but beats analysts' forecasts Company increases share buyback by A$1 bln Bank declares ...
Westpac Banking Corporation ( OTCPK:WEBNF) Q4 2024 Results Conference Call November 3, 2024 6:00 PM ET Justin McCarthy - General Manager of Investor Relations Peter King - CEO, MD & Director Michael ...
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.3%. Looking ahead, ...
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Westpac’s brutal call on ratesWestpac has flagged the majority of mortgage holders don’t need a rate cut, as they have become accustomed to higher interest ...
Westpac’s NPAT saw a 3 per cent decrease in FY24, amid one of its “strongest” ever balance sheets. Westpac has posted a net ...
Today’s must-reads: • RBA seen holding key rate • Westpac’s profit beats • Student loans to be cut Australia’s central bank ...
The two directors chairing Westpac’s risk and remuneration committees are stepping down after just one term – a relatively ...
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