Westpac “in very good shape” as Peter King delivers final result as …
1 day ago · 07:45am November 04 2024. Westpac CEO Peter King. (Josh Wall) TOP. Peter King has delivered his last annual result as Westpac CEO and says the bank is in good shape for the future ahead of December’s change in leadership. Westpac posted a 3 per cent fall in net profit to $7 billion, while unveiling a final dividend of 76 cents for the half ...
WBC shares: Westpac CEO Peter King says Anthony Miller will …
1 day ago · Nov 4, 2024 – 4.56pm. When Westpac’s Peter King hands the chief executive baton to Anthony Miller next month, there will be one piece of unfinished business his successor will need to grapple ...
Westpac CEO’s final profit a reminder how much banking has …
1 day ago · Westpac chief executive Peter King’s fifth and final result as CEO was in-line with analyst expectations on Monday. ... The good news for Miller, who will steer the ship from December 16, is ...
Westpac Profit Tops Estimates as Bank Increases Share Buyback
2 days ago · Westpac Banking Corp. ’s profit beat estimates as higher interest rates buoyed the bank’s margins and handed investors an additional buyback worth A$1 billion ($660 million) as well as a ...
Westpac’s King signs off with $7b profit, juicy dividend
2 days ago · Westpac declared a fully franked 76¢-a-share final dividend, increased from 72¢. Its total dividend for the financial year was $1.66 a share, including a 15¢ special dividend paid in the first ...
Westpac Says Annual Profit Falls 3%, Upbeat on Prospects — …
2 days ago · Nov 3, 2024 1:12pm. By David Winning. SYDNEY--Westpac Banking Corp. said its annual net profit fell by 3%, but signaled hopes that demand for housing and business credit will rise in 2025 as ...
Westpac to buy back $1bn in shares as bank posts $7bn profit
2 days ago · Picture: Simon Bullard. Westpac is targeting $1bn in share buybacks after the bank delivered a $7bn full year profit, meeting analyst expectations. The result is a 3 per cent slide on the bank’s ...
Australia's Westpac at over 6-year high on profit beat, better cost ...
Aug 19 (Reuters) - Australia's Westpac Banking Corp (WBC.AX) beat analyst forecasts for third-quarter profit on Monday and reported improved net interest margin, helped by fewer bad loans and...
Westpac FY24 results: Westpac's post-tax profit slips to $7 billion
1 day ago · 11:50am Nov 4, 2024. Westpac's post-tax net profit fell by three per cent to $7 billion but the bank forecasts solid demand in the year ahead. The latest financial year results, released today ...
Westpac Profit Hits Expectations, Lifts Buyback by $661 Million
May 6, 2024 · Westpac Banking Corp. increased its buyback program and handed investors a special dividend, helping to offset weaker first-half profit as competition in mortgages weighed on the Australian...