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 is reporting a 10% increase in net profit in New Zealand while being hit by "intense market competition" in ...
Westpac may have recorded a 7-billion-dollar profit in its latest financial accounts, released yesterday, but its ...
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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, ...
Banking major Westpac is seeing signs Australia’s economy has turned a corner after a gloomy year, announcing plans to plough ...
Healthcare: On the local bourse, the heaviest sub-index rose about 0.8%, with the country's third-largest lender Westpac ...
(Reuters) - Australia's Westpac said on Thursday Peter Herbert will be appointed as acting chief executive for its business ...
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