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 Banking Corp, Australia's third largest lender by market value, said on Monday that its annual profit fell as ...
Westpac may have recorded a 7-billion-dollar profit in its latest financial accounts, released yesterday, but its ...
Westpac is targeting $1bn in share buybacks after the bank delivered a $7bn full year profit, meeting analyst expectations.
Westpac Banking Corporation (ASX:WBC) has announced its full-year financial results for 2024, with dividend bump and NPAT ...
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Fewer Westpac customers on hardship provisionsWestpac says the peak of the cost-of-living crisis might have passed, noting the number of mortgage holders that need help ...
Morgan Stanley analyst Richard Wiles maintained a Hold rating on Westpac Banking (WEBNF – Research Report) today and set a price target ...
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.3%. Looking ahead, ...
(Reuters) - Australia's Westpac said on Thursday Peter Herbert will be appointed as acting chief executive for its business ...
Today’s must-reads: • RBA seen holding key rate • Westpac’s profit beats • Student loans to be cut Australia’s central ...
In a report released today, John Storey from UBS maintained a Hold rating on Westpac Banking (WEBNF – Research Report), with a price ...
Other directors who have been on the Westpac board for longer than Ms Scheinkestel and Ms Exel – former Equifax chief ...
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